In a recent report, the White House made a concern against cryptos by claiming that some elements of the ecosystem for digital assets are problematic for consumers, the economy, and the environment. Worries at the White House By highlighting the drawbacks of digital...
Taking advantage of the growing interest in “bitcoin NFTs,” the nonfungible token marketplace Magic Eden has created its own “completely audited” marketplace for bitcoin ordinals. It is one of the first big NFT markets to enter the fight of the bitcoin ordinals competition, which...
Coinbase CEO, Brian Armstrong, has been dumping Coinbase shares (COIN) over the past few weeks. Coinbase CEO dumps over 59k shares According to a crypto enthusiast and Twitter user Bitfinex’ed @Bitfinexed, the Coinbase head has recently been dumping tens of thousands of shares. ...
Okcoin has suspended trading of New York’s and Miami’s crypto CityCoins as of March 16, 2023, because of limited token liquidity. Okcoin, a crypto exchange platform, announced that it would no longer facilitate trading, buying, or selling of MiamiCoin (MIA) and NYCCoin (NYC)...
Sushi is seeking to create a legal defense fund that would cover legal fees for core contributors. The proposal comes after the decentralized finance project and its head chef were subpoenaed by the U.S. securities and exchange commission (SEC). Sushi and head chef...
More than $1 billion of ether (ETH) has been permanently lost due to software bugs and human error. The revelation comes from a study by Conor Grogan, Coinbase’s director of product strategy and business operations. The report revealed that 636,000 ether, or about...
Dogelon Mars (ELON) and DigiToads (TOADS) are two meme coins that have gained popularity in the crypto world. While both coins have a similar concept of using memes to create value, DigiToads is more popular. Here are three reasons why. Real-world utility DigiToads has real-world...
Circle, a worldwide leader in digital financial technology and the creator of the digital currencies USDC and EUROC, has announced that it has applied for a French license. If approved, Circle will be recognized as an electronic money institution and a digital asset...
The IRS is taking steps to tax NFTs like other collectibles, proposing a new framework for public review and comment. The Internal Revenue Service (IRS) is taking steps to ensure that NFTs are taxed similarly to other collectible items. This move by the...
David Gokhshtein, a renowned crypto enthusiast with over 700,000 followers on Twitter, has reassured everyone that he will delete his account if SHIB ever reaches the $0.01 price mark. Gokhshtein is serious in his bearish stance towards a community-driven meme coin. Responding to...