51% of Latin American consumers have conducted at least one transaction with crypto assets, and over 33% of them have used stablecoins for everyday purchases, according to the latest survey conducted by digital payment giant Mastercard. Entitled “New Payments Index 2022,” the study focuses on financial innovations such as cryptocurrencies, DeFi solutions, blockchain, and NFTs...Read More
Ryder Ripps and a number of his accomplices are the targets of a lawsuit brought by Yuga Labs, the company that created the Bored Ape Yacht Club Nonfungible Tokens (NFTs). Notably, Ryder Ripps, in a Twitter thread a few days ago, made claims that Bored Ape Yacht Club NFT collections have links with racism. The...Read More
The Swiss luxury watchmaker – Hublot – allowed its customers to buy certain limited products in cryptocurrencies by partnering with the bitcoin payment service provider – BitPay. In addition, Prague City Tourism joined forces with Global Payments to enable passengers of the emblematic Tram Line number 42 to purchase tickets in digital assets. Hublot Enters...Read More
Indian investors may have lost $128 million (INR 1,000 crore) to fake crypto exchanges. Most of them were cheated due to a lack of knowledge about safe investments in digital assets. As investors increasingly shift their attention to crypto, scammers are also focusing on this new asset class to find their preys, said a news...Read More
For the third straight day, all major cryptocurrencies, including Bitcoin, Ethereum, and Solana, extended their gains as the situation finally picked up pace. Although it has maintained slightly above $21,000 over the previous 24 hours, bitcoin has been quite stable and calm. The king coin has been overshadowed by altcoins, with ETH, SHIB, AVAX, and...Read More
If the situation with Celsius worsens any further and the company has to file for bankruptcy, Goldman wants to be ready to buy up crypto assets at a discount. As such, the Wall Street behemoth aims to raise $2 billion, reports say. CryptoPotato reported the drama that unfolded with Celsius earlier this month when the...Read More
Gamers finally have something to smile about as the crypto bear market has resulted in a mining exodus and diminished demand for high-end graphics cards. Crypto Twitter is awash with images of stacks of GPUs being sold on second-hand markets, and prices for new and used units are starting to come down out of the...Read More
The distributed ledger is the fundamental technology behind blockchains like Bitcoin and Ethereum. The latest report, titled “Are Blockchains Decentralized?” by security research firm Trail of Bits, poses a question on the thesis of decentralization as the longstanding notion of blockchain, arguing that it may be more centralized-oriented than the crypto industry tends to think....Read More
Solana price gained a huge bullish momentum ever since the co-founder announced the plans of rolling out an SMS platform & Android phone. The price which had broken the falling wedge had broken out of the descending consolidation and rose high a week ago. However, the recent positive announcements did give the asset a larger...Read More
On June 24, Wylie Aronow, better known online as Gordon Goner, co-founder of Yuga Labs, the startup behind the Bored Ape Yacht Club ( BAYC ) collection, took to Twitter to address the “misinformation campaign” that claims he and his team are “super-secret Nazis.” Goner said that even though he paid attention in the past...Read More
The Albanian authorities have reportedly decided to apply taxes on earnings generated from cryptocurrency trading. The legislation is supposed to come into effect from the beginning of 2023. Albania’s Crypto Environment In 2020, the Balkan country displayed its intentions to regulate the local cryptocurrency sector by passing a law called “Financial markets based on distributed...Read More
