Brazil has experienced record inflation and a constant devaluation of its currency in recent years, leading more people to use cryptocurrencies, in particular stablecoins, than ever before. According to Receita Federal, the Brazilian tax authority, local traders traded $11.4 billion worth of stablecoins between January and November 2021, almost tripling the amount transacted in 2020. Bitcoin […]
According to an Assurance Opinion Tether’s is alleged to be fully backed. In its quarterly assurance opinion published today, Tether Holdings Limited not only details the composition of its reserves, but also explains the ratings and maturity of its commercial paper and certificates of deposit. The company reaffirms once again that its Consolidated Reserves Report contains […]
A self-amending blockchain was what Tezos sought to create when it was founded in 2014. While its implementation was complex, Tezos’ concept was surprisingly simple: People who owned its cryptocurrency XTZ could vote about possible changes to its rules, and the software would update to implement the changes once the vote was taken. By creating […]
Throughout history, humans have constantly developed solutions to simplify various life functions. No effort has been spared when it comes to making our lives more convenient and comfortable, from the invention of the wheel to 21st-century advances in technology. Cryptocurrencies have grown in popularity, with many cryptocurrencies now available on exchanges. Crypto investors are currently […]
Cardano ranks among the top cryptocurrencies in terms of market capitalization and share. It’s envisioned as a next-generation evolution of Ethereum being a flexible, sustainable, and scalable blockchain platform for running smart contracts, which will allow the development of a wide range of decentralized finance applications, new cryptocurrencies, games, and etc. Smart contracts will be unlocked, […]
It is the latest company to cash in on a rush to fund cryptocurrency start-ups after raising $300 million in new venture capital, according to OpenSea, one of the most talked-about blockchain start-ups in Silicon Valley. Four years after the start-up was founded, it now has a valuation of $13.3 billion due to a new round […]
According to TradingPlatforms.com and DappRadar, non-fungible token sales surpassed $4 billion in the last month. Over $3 billion worth of transactions were conducted on OpenSea alone, followed by Magic Eden, Axie Infinity, and CryptoPunks. Its transactions volume increased by 20% on the back of Polygon’s support. NFT marketplaces such as Solanart, which runs on the Solana […]
There’s a new Battle Royale on the block that has caught the attention of some pretty big names out there and is gaining steam in the BR community. Super People is a class based Battle Royale, similar to Apex Legends, where the characters each have unique abilities and specialized skill sets. What sets Super People […]
The Staples Center will be renamed for Crypto.com next month in a $700 million deal for the naming rights. This is the home arena of the Los Angeles Lakers and WNBA’s Sparks. The deal, announced Tuesday night, links Crypto.com with Anschutz Entertainment Group, which owns the Staples Center and surrounding complex, L.A. Live. The downtown arena […]
Andre Iguodala and Klay Thompson, Golden State Warriors guards and forwards, announced on Monday that they will give away $1 million in bitcoin from their next paychecks. Solidifying their stance on crypto currencies. In an announcement tweet in January, Thompson said that he believes bitcoin is the future of money. They have partnered with Cash […]
