Category: Business
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Iris energy
In recent months, investors have been looking for ways to play bitcoin’s eventual turnaround. One way to profit off such a move is to bet against it. This strategy has paid off handsomely for some traders over the years, including those who shorted gold during the financial crisis. But there are risks involved. For example,…
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Ripple Lawsuit
The SEC v. XRP Ledger Inc. et al. lawsuit has officially moved into the summary judgment phase. This means that both sides are submitting their motions to the court, which could potentially lead to a settlement or verdict. Defense lawyer James Filan recently tweeted out some information regarding the filings that were submitted to the…
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Bitcoin Primeblock 1.25b primeblock 24.4m
PrimeBlock, a privately held cryptocurrency mining firm based in San Francisco, plans to merge with 10x Capital Venture Acquisition Corp., a publicly traded entity focused on investing in digital currency companies, it announced Tuesday. The merged entity, called PrimeBlock Technologies Inc., will seek up to $1.25 billion in funding via a public offering of shares,…
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opensea US iranbased IP
OpenSea, a popular NFT trading site, recently blocked access to its platform for Iranians. In a statement sent to CoinDesk, OpenSea noted that it had received notice from Coinbase and Circle stating that they are unable to provide support for Iranian customers because of U.S. sanctions against Tehran. Users attempting to log into the platform…
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NYDIG raises 100m
The crypto asset management company, NYDIG, has announced the launch of its second venture capital fund, called Digital Assets Fund II. The NYDIG has received $100 million in funding from one individual. The funds are intended to invest in digital assets across several different categories including blockchain technology, security tokens, and decentralized applications. The fund…
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Dogecoin slim jim
The popular social media accounts of Conagra Brands are getting into the crypto game. On Feb. 19, the consumer products giant tweeted out a picture of a dog wearing sunglasses and holding up a red flag with the caption “I’m so #crypto!” Conagra later clarified that the tweet was meant to promote the launch of…
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Jasmy coin news
The internet of things (IOT) is a system of interconnected devices that are able to communicate and exchange information without physical contact. This allows us to connect our home appliances to the internet, making our lives easier. However, there are some problems associated with IOT. One of them is privacy. Data collected by sensors is…
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How to Buy, Sell and Trade NFL NFTs
NFL All Day Moments is a digital collectible card game for football enthusiasts. The game features real players, authentic moments and unique gameplay mechanics. Players earn points by completing challenges within the app. They can trade their collected items on the Dapper Labs NFT Marketplace. In addition to collecting NFL All Day Moments, users can…
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Crypto assests are being taxed at 30%, but like cocaine they are not legal yet
Crypto asset investors are facing a double whammy – taxes and regulations. In a move that could affect millions of people worldwide, India’s finance minister has raised the possibility of taxing profits earned from cryptocurrencies. “Virtual currencies are not legal tender,” Ms Sitharaman told reporters late Friday. “They are neither money nor coin.” She added…
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How does Bitcoin make money?
Bitcoin is a digital currency, meaning it exists solely online and is not printed like dollars or euros. The currency uses cryptography to secure transactions and prevent counterfeiting. Transactions occur through a peer-to-peer system where buyers and sellers communicate directly without an intermediary. The Bitcoin protocol rewards miners with newly minted coins for verifying transactions…