Buyers on OpenSea, one of the world’s leading marketplaces for non-fungible tokens, can soon pay for NFTs with a credit card, debit card, or Apple Pay—without having any cryptocurrency. The move comes through a partnership with MoonPay, a fintech player that builds payment infrastructure in the crypto space, which announced the news Friday morning. MoonPay is also the company that…
In brief Binance hired Rohit Wad, a 30 year veteran of Silicon Valley firms like Microsoft and Google The move comes as Binance pushes to win the trust of regulators and mainstream finance Binance announced on Friday it has hired Rohit Wad, who has spent more than 30 years at Microsoft and other Silicon Valley giants, to be its new…
Members of the European Parliament have approved a controversial regulation that could undermine the decentralized finance (defi) sector in the EU. Some of its provisions, which are yet to be coordinated with other European institutions, aim to introduce restrictive measures for transactions involving privately managed crypto wallets. EU Parliament Moves to Introduce Verification for Defi Wallets The European Parliament’s Committee…
Bitcoin (BTC) showed signs of recovery from an overnight rout on April 1 after the Ides of March caught up with bulls at the last minute. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin faces “pivotal” moment Data from Cointelegraph Markets Pro and TradingView showed BTC/USD passing $45,500 on Friday’s Wall Street open. The pair had dipped to near $44,000 into…
In a July 2021 interview, Massachusetts Senator Elizabeth Warren likened crypto regulation to the drug regulation initiatives of a century ago, which she claimed put an end to the sale of “snake oil” and laid the basis for the creation of the modern drug industry. This reflected her earlier statements about the digital currency market resembling the “Wild West,” which…
press release PRESS RELEASE. INTERNET CITY, DUBAI, April 1, 2022 – LBank Exchange, a global digital asset trading platform, will list Lilly Finance (LY) on April 2, 2022. For all users of LBank Exchange, the LY/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on April 2, 2022. Inspired by Lillian Bay, a young women born with…
Tax season is upon us—the filing deadline to submit 2021 tax returns and pay tax owed is April 18, 2022. The IRS now asks all Americans to declare whether they’ve had crypto dealings or not. “At any time during 2021, did you receive, sell, exchange, or otherwise dispose of any financial interest in any virtual currency?,” reads the question on…
Bitcoin mempools aren’t what they used to be, at least when measured by unconfirmed transaction levels. Network use is down from the market peak in 2021, and with emptier mempools come cheaper fees, both of which have a few notable effects on the network and its users. Mempool Basics “Mempool” is a portmanteau of “memory pool,” which is the label…
A new law project presented in the Argentinian Senate is seeking to start a fund to pay for part of the debt the country has with the International Monetary Fund (IMF). The project, which is being pushed by members of the ruling party, would establish that Argentinian citizens have to pay taxes for certain assets held outside the country, including…
Delegates at the Binance Blockchain Week talked about their Web3 stories and the growth of Web3 opportunities within their local communities. The recent conference brought crypto community members from all over the world to share their passions, meet like-minded people, learn from keynote speeches by community leaders, and share their perspectives on the state of Web3. One of the topics…
