Category: Blockchain

Coinbase Global Inc will start allowing users to buy non-fungible tokens (NFTs) with credit cards and debit cards following its new partnership with Mastercard. To simplify the experience of buying NFTs in its new platform, Coinbase will allow users to do so without owning cryptocurrencies. The company has now accumulated more than 2.5 million people

The Digital Yuan (e-CNY), China’s Central Bank Digital Currency (CBDC) is growing at a fast pace as data released by Zou Lan, director of the PBoC financial markets department revealed the new legal tender has inked a total of 87.57 billion yuan ($13.68 billion) in transactions since public trials began, according to CNBC. The performance

With the NFT market becoming a billion-dollar industry, users continuously search for the best deals to maximize returns. Things have been going south for the Ethereum (ETH) network because its NFT volume share has plummeted by 15% from 95%, recorded at the beginning of 2021, to the current 80%, according to a study from JPMorgan. 

Crypto wallet provider and trading platform Crypto.com said it will stop all deposits and withdrawals due to suspected unauthorized transactions on the platform. Some users from Crypto.com took to social media to report that the cryptocurrency in their accounts had disappeared in recent days. Crypto influencer and podcast host Ben Baller said Monday that they

The crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc. The compound annual growth rate (CAGR) is expected to hit 59.2% during the forecast period between 2022 and 2028. The growth in this market is linked to a surge in new

Ophelia Brown’s Blossom Capital has raised $432 million to back early-stage tech startups in Europe. She said that the amount raised was a third of which has been earmarked for cryptocurrency investments. The female backed Blossom Capital is looking to bolster its investment in the crypto sector by investing in platforms to be a safe

Under Act 60 or the Individual Investors Act, non-Puerto Rican residents get exempted from paying capital gains for investments realized. This is one of the factors attracting crypto investors, mostly Americans, to the Island. The rule is crypto-friendly because investors in the U.S. are required to pay 37% of capital gains in the short term

Hong Kong-based cryptocurrency exchange Bitfinex announced it would be leaving the Ontario market, Canada’s most populous, reminding users that should withdraw all their capital on or before March 1. In the official announcement, accounts with no balances will be closed and Ontario users who do not have open positions on the exchange’s peer-to-peer (P2P) funding markets

The Indian prime minister has called for a collective global effort to tackle the challenges posed by cryptocurrencies as the country’s crypto sector remains in uncertainty. “The kind of technology it is associated with, the decision taken by a single country will be insufficient to deal with its challenges. We have to have a similar

An Indian gaming startup, nCore Games, has raised $5.5 million in new funding round as it prepares to integrate Web3.0 and metaverse related offerings in an attempt to upturn its revenue strategies. According to a TechCrunch report, the funding round was led by Animoca Brands and Galaxy Interactive, with participation from Polygon, a popular layer