Tagged: eth

March 6, 2022 @ 10:00 pm By Omar Faridi  |  

We recently caught up with Abhinav R. Soomaney, Founder and CEO at CryptoTax Pvt. Ltd. He talked about different tax aspects of cryptocurrency and blockchain-related investments. CryptoTax Pvt. Ltd. (CryptoTax) was incorporated in the year 2021 and claims to be the first cryptocurrency tax consultancy… Read More

March 4, 2022 @ 8:23 am By Omar Faridi  |  

January 2022 was a “turbulent” month for the cryptocurrency sector as market participants saw “a broad sell-off,” the team at Kraken noted in an update. Kraken wrote in a blog post that the “continued uncertainty about the proposed U.S. Fed rate hikes in March and… Read More

February 25, 2022 @ 8:20 am By Omar Faridi  |  

International markets are experiencing a massive increase in volatility with Russia’s invasion of Ukraine. The severe humanitarian crisis that could unfold over the next few days and weeks “could be the worst in Europe in decades, with loss of life and property, as well as… Read More

February 23, 2022 @ 3:38 pm By Omar Faridi  |  

The community behind the ShapeShift DAO has “spoken,” so FOX Token farming rewards have reportedly been extended, according to an update posted on February 22, 2022. ShapeShift, a digital asset platform that transitioned into a DAO, notes that if you are farming your FOX Tokens,… Read More

February 23, 2022 @ 9:47 am By Omar Faridi  |  

When we look back at the history of the cryptocurrency and the blockchain ecosystem, there will be two dates that really stand out: October 31, 2008: The day Satoshi Nakamoto released the Bitcoin whitepaper. July 30, 2015: The day Ethereum was launched. According to an… Read More

February 22, 2022 @ 8:05 am By Omar Faridi  |  

Blockchain.com, a block explorer service, crypto wallet provider, and digital asset trading platform, notes that if people think that the 2022 Winter Olympics had “thrilling” ups and downs, they should consider getting into crypto and blockchain. During the coming weeks, Blockchain.com says it will be… Read More

February 19, 2022 @ 2:52 pm By Omar Faridi  |  

Cryptocurrency donations have increased considerably along with the Bitcoin price (and those of Ethereum as well as other major altcoins). Last year, Fidelity Charitable investors reportedly donated over $330 million in digital currency, which is over 12x the amount provided back in 2020, according to… Read More

February 19, 2022 @ 9:44 am By Omar Faridi  |  

SKALE, an Ethereum native multi-chain network announced a $100 million ecosystem incentive program with the aim of increasing the onboarding of good applications and initiatives onto the SKALE Network. Given the steady growth potential and alignment with market demand, NODE will be starting off the… Read More

February 16, 2022 @ 11:57 pm By Omar Faridi  |  

Bakkt Holdings, Inc. (NYSE: BKKT), a digital asset platform that enables clients to purchase, sell, send and spend a range of virtual currencies, has announced that Valliance Bank, a provider of various financial solutions, will provide clients access to Bitcoin (BTC) and Ethereum (ETH) via… Read More

February 10, 2022 @ 10:32 am By Omar Faridi  |  

GMX, a decentralized spot and perpetual exchange that supports low swap fees and zero price impact trades, is currently live on Avalanche. Via this integration, users are able to trade AVAX, BTC, and ETH “with up to 30x leverage, with lower risk verifiable liquidation directly… Read More

February 9, 2022 @ 8:07 am By Omar Faridi  |  

The team at MoonPay notes that they are pleased to announce that they are now live with CoinGate. This integration, which has been announced after a $555 million Series A at a $3.4 billion valuation, makes it easier for CoinGate’s users to purchase Bitcoin, Ethereum,… Read More

January 29, 2022 @ 10:48 am By Omar Faridi  |  

At 9:34PM UTC on January 27, 2022, a bad actor started their exploit of Qubit Finance’s Ethereum (ETH) to Binance Smart Chain (BSC) bridge. As noted in an update from CertiK, this particular exploit “ended up netting them 77,162 qXETH ($185 million), which they then… Read More

January 29, 2022 @ 10:46 am By Omar Faridi  |  

Paul Krugman, an American economist and public intellectual, who is Distinguished Professor of Economics at the Graduate Center of the City University of New York, has warned consumers about the volatile virtual currency markets. Krugman, a Nobel-prize-winning economist, has compared the fast-evolving cryptocurrency markets to the… Read More

January 26, 2022 @ 6:00 pm By Omar Faridi  |  

EarlyBird, the platform that aims to make it simpler for parents, family members, and friends to collectively invest in a kid’s future, has announced today the introduction of EarlyBird Crypto. Along with more traditional assets, parents may now choose to add Bitcoin (BTC) and Ethereum… Read More

January 26, 2022 @ 8:33 am By Omar Faridi  |  

American Express (NYSE: AXP) Chair and Chief Executive Stephen Squeri seems to have been proven right for his careful approach to introducing digital currency services via the payment company’s platform. In statements shared with Yahoo Finance, Squeri remarked: “What I’ve said from the beginning is… Read More

January 25, 2022 @ 3:14 pm By Tony Zerucha  |  

Digital currency investment firm Grayscale has updated its list of assets under consideration, and some of the new entrants are Bancor, BitTorrent, Decred, Elrond, and Oasis Network. Such assets are not currently included in a Grayscale investment product, bit could be in the future, the… Read More

January 22, 2022 @ 1:56 pm By Omar Faridi  |  

New York City’s new Mayor Eric Adams has been criticized for using of his public office in an attempt to promote the cryptocurrency sector. An upstate New York environmental group, called Seneca Lake Guardian, has stated that creating and managing virtual currency tends to consume… Read More

January 20, 2022 @ 1:17 am By Omar Faridi  |  

The team at Security Token Market (STM) has released a report titled, State of Security Tokens 2022 — Industry Overview. Peter Gaffney, the Head of Research from Security Token Advisors, notes that the “high-level” lifecycle of a security token includes the following: Asset Selection Offering Structuring… Read More

January 17, 2022 @ 4:23 pm By Omar Faridi  |  

We recently connected with Valentin Mihov, Co-founder, and Chief Investment Officer at Finexify, a boutique investment company that offers an opportunity to gain exposure to the decentralized finance (DeFi) space. The team at Finexify thinks that limited access to DeFi means “extraordinary” alpha with limited… Read More

January 13, 2022 @ 12:28 am By Omar Faridi  |  

The Metaverse and the GameFi world have grown tremendously, with nearly every blockchain  ecosystem in the crypto space getting more actively involved. Polygon (POLY) ecosystem’s capabilities of building and connecting different blockchains and dApps is being supported by the launch of Polygon Studios, which is… Read More