Bitcoin is a better option than fiat money, said Mexico’s third richest man, Ricardo Salinas, in an interview. Bitcoin, Salinas said, is unseizable and can be transferred instantly worldwide, contrary to fiat and the gold standard. “The gold standard has always been subject to governmental intervention,” Salinas said. “And fiat allows you to finance endlessly.” Bitcoin’s peer-to-peer nature makes the…
Month: February 2022
Get your tax refund in crypto when you file with TurboTax | by Coinbase | Feb, 2022
By Bipul Sinha, Senior Product Manager, Coinbase With tax season officially underway, customers expecting a refund might be wondering what to do with their extra cash. Now, Coinbase customers can get tax refunds automatically deposited into Coinbase as USD or crypto¹ when they file with TurboTax. Tax season can be stressful, but now there’s an easy way to put refunds…
Gamestop Partnership Sends IMX 35% Higher – Market Updates Bitcoin News
Immutable X avoided Thursday’s red wave, and was one of this week’s biggest crypto gainers, following news of a partnership with Gamestop. IMX climbed by over 35% today, with QNT also extending recent gains. As of writing, crypto markets were almost 4% lower. Biggest gainers Despite the bearish pressure on crypto markets this Thursday, there were a few big movers…
OpenSea monthly volumes top $5B as NFTs continue to mainstream
In the last two weeks, Azuki, Bored Ape Yacht Club, CloneX, and Mutant Ape Yacht Club have seen significant increases in floor prices and total sales volume. Over the last 7 days alone, all four projects have generated an estimated $365.9 million in value according to data from OpenSea. While the crypto market is steadily recovering from its lengthy bloodbath,…
Crypto Bridge Wormhole Replenished After Hack for $320M in Ethereum
Wormhole, a popular cross-chain crypto bridge between Solana, Ethereum, Avalanche, and others, has restored its missing funds after a hacker yesterday managed to siphon $320 million in Wrapped Ethereum (wETH) out of the protocol. wETH in Wormhole is a cryptocurrency pegged to the price of Ethereum but interoperable with other networks. To create wETH, users must first stake Ethereum. The…
GensoKishi Online Initiates First NFT Auction – Press release Bitcoin News
press release PRESS RELEASE. GensoKishi Online Metaworld is a GameFi and metaverse incarnation of GensoKishi Online, which received the ‘Game of the Year Gold Award’ in Taiwan 10 years ago. The game leverages blockchain technology to build a digital world ecology, and GenoKishi Online Metaworld thus blends characteristics of Web 3.0 with the metaverse. Its ultimate goal is to create…
Automakers are minting NFTs, but is there a strong use case?
Just before the turn of the 19th century, Carl Benz announced what is now widely considered as the world’s first commercial automobile. At the time, it would have been impossible to predict how this one product could spur the development of a multi-trillion-dollar industry over the course of the next century — but it did. From refueling stations and maintenance…
Cameo Launches Ethereum NFT Pass With Expanded Celebrity Access
In brief Celebrity video app Cameo is launching an Ethereum NFT membership pass. Cameo Pass holders will gain access to various benefits, such as exclusive events. Cameo, a popular app that lets people buy personalized video messages from celebrities and online influencers, is getting into the NFT space. Today, the firm officially unveiled Cameo Pass, an Ethereum NFT that works…
Digital Rupee Will Strengthen Digital Economy, Revolutionize Fintech – Bitcoin News
India’s prime minister, Narendra Modi, says an Indian central bank digital currency will strengthen the digital economy. The digital rupee will also revolutionize the fintech sector by creating new opportunities and lessening the burden of handling, printing, and the logistics of cash management, the prime minister reportedly explained. India’s Prime Minister Modi Sees Benefits of Digital Rupee Indian Prime Minister…
NFT project blankets Texas capital city in pro-crypto billboards
The founder of a website guiding readers through the digital asset market started a campaign in Austin to increase awareness of Bitcoin and other cryptocurrencies. Speaking to Cointelegraph, marketcap.guide founder Sam Feldman said he had deployed more than 100 billboards around the Texas capital city since July, each sharing a different message on Bitcoin (BTC), nonfungible tokens, and other aspects…