Considering that Bitcoin (BTC) is a blockchain network that uses a proof-of-work (PoW) consensus mechanism, miners are a highly significant part of the market dynamics of the network and the community itself. On Jan. 5, it was revealed that Kazakhstan shut down its internet services due to unprecedented political unrest sparked by rising fuel prices in the country. The protests…
Crypto exchange Coinbase has announced a partnership with Mastercard to simplify the process of purchasing non-fungible tokens (NFTs) on the crypto exchange’s forthcoming NFT marketplace. The partnership will see Coinbase working with Mastercard to classify NFTs as “digital goods,” which will, it claims, enable “a broader group of consumers to purchase NFTs.” The crypto exchange also promised to “unlock a…
As part of regulations that are set to become effective in mid-February, crypto-asset investment promoters will be required to inform the Spanish securities watchdog of the contents of any ad that targets over 100,000 people. 10-Day Advance Notice Rule The Spanish government has tasked the country’s securities watchdog with authorizing advertisements that promote cryptocurrencies, a report has said. Also, as…
The United States’ recent decision to remove Ethiopia from the African Growth And Opportunity Act (AGOA) trade program is a significant and intentional blow to the Ethiopian people and economy. The country exported around $3 billion worth of product in 2019 — removal from AGOA will cut out approximately half of Ethiopia’s exports to the U.S., which has been the…
Byline: Prakash Hariramani, Senior Director, Product Our mission at Coinbase is to increase economic freedom in the world. By enabling more people to join the creator economy and profit from their work, NFTs (Non-Fungible Tokens) have an important role to play in this mission. However, the experience of purchasing an NFT remains complex for many users. Coinbase wants to simplify the…
In brief Crypto gaming firm Mythical Games has acquired Polystream, a cloud gaming startup. Mythical raised $150 million at a $1.25 billion valuation in November. Following Facebook’s recent metaverse showcase and rebranding to Meta, hype around the concept of the metaverse—an immersive, digital avatar-driven evolution of the internet—is at an all-time high. It may be many years out, however, and…
sponsored French Connection Finance (FCF) is a dividend generating cryptocurrency that runs on the Binance Smart Chain (BSC) network. FCF is building an ecosystem that benefits investors whilst developing products that have strong real-world value. This story will cover four exciting aspects of FCF’s project: 1) The innovative and rewarding ecosystem 2) FCF Pay – a premier crypto and fiat…
The National Cyber-Forensics and Training Alliance (NCFTA), an American non-profit, onboarded its first crypto firm Binance to aid their ongoing battle against cybercrimes. Founded in 2002, the NCFTA partners with law enforcement and various business and academic entities to source threat intelligence to identify and mitigate cybercrime threats. By partnering with Binance, the world’s biggest crypto exchange in terms of…
Mercedes has teamed up with Art2People to create an exclusive Mercedes-Benz NFT collection based on its G-Class vehicle line, according to a tweet by the luxury automobile manufacturer. Five artists were commissioned to create various G-Class-inspired works in a range of media, resulting in unique designs for each artwork. What happens when five #NFT artists take on the challenge of…
Founded by BitMEX Group CEO Alexander Höptner and CFO Stephan Lutz, BXM Operations AG announced today its plans to acquire Bankhaus von der Heydt, one of the oldest banks in Europe, to create a regulated crypto one-stop-shop in Germany, Austria and Switzerland. Dietrich von Boetticher, the owner of the German bank, and BXM have already signed a purchase agreement. However, it still…
