Category: Cryptocurrency
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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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Nas Coinbase
The crypto market isn’t exactly booming lately, but Nas Coinbase is looking like he might be able to cash in on one of the biggest trends in tech. A source familiar with Nas’ plans tells Business Insider that the rapper/businessman/investor is planning to invest heavily in Coinbase, the popular digital currency exchange founded in 2012.…
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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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What Is A Stablecoin?
Stablecoins are cryptocurrencies the price of which is pegged, linked or otherwise tied to that of another currency or asset. They offer stability over volatile digital currencies like bitcoin, which have been blamed for causing recent market crashes. The idea behind stablecoins is simple: rather than having to worry about whether the cryptocurrency you buy…
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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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US president Joe Biden signs executive order on cryptocurrency as its use explodes
The order calls for a review of existing laws and regulations governing cryptocurrencies, including those related to money laundering and consumer protection. The order directs the Fed to conduct research into whether it should issue its own cryptocurrency, according to the official. The Fed already has authority under the Bank Holding Company Act to provide…
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Hackers steal over $600 million in one of the biggest cryptocurrency heists
Ronin Network says hackers took Ether, USDC, BNB, XRP, and BAT tokens on March 23. A group called Team Rocket hacked the Axie DAO and drained assets from it. The Axie DAO is a smart contract that allows players to exchange digital currencies like Ether, Bitcoin Cash, Litecoin, XRP, and Stellar Lumens into fiat money,…