A new and relatively unknown DeFi token called BarnBridge (BOND) has rallied over 800% to reach $20 on July 26. The BOND price surge comes more than a month after bottoming out at around $2.19. In comparison, top coins, Bitcoin (BTC) and Ether (ETH) have only rebounded by 18% and 54% in the same period, respectively. BOND/USD daily price chart.…
During the last few weeks, non-fungible token (NFT) sales have remained flat and data from the past seven days have shown NFT sales are down 8.11% lower than the week prior. Despite the downturn, a few NFT collections saw significant percentage increases in terms of sales as the collections like Electricsheep, Moonbirds, and Moonbirds Oddities have spiked between 90% to…
The Virtual Currency Tax Fairness Act of 2022 was introduced into the United States Senate on Tuesday by the bipartisan team of Sens. Patrick Toomey and Kyrsten Sinema. The bill is a companion to the one already before the House of Representatives, although it differs in a key detail. Both the House and Senate bills exclude small purchases made with…
Siyu Liu, Senior Product Manager; Chetan Rane, Product Manager Tl;Dr: We are excited to introduce the Coinbase Security Prompt: a faster and safer way for our users to verify their identity & activities when interacting with the Coinbase ecosystem. At Coinbase, we believe that our users need to have access to the best security possible without sacrificing ease and convenience.…
A bill was introduced in the Senate today that would prevent Americans from needing to disclose capital gains or losses on most smaller-scale crypto transactions. Introduced by senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ), the Cryptocurrency Tax Fairness Act would exempt reporting crypto transactions of less than $50, or trades in which a person earns less than $50. “While…
press release PRESS RELEASE. Metaverse Project Genso is thrilled to announce the details regarding the Closed Beta Test. Details are as follows ■ Closed Beta Test Period: Starts: July 28, 2022 12:00 -（UTC+8） Ends: TBA ■ How to participate in the Closed Beta Test: ・All players who have Closed Alpha / Beta Testing Tickets will be able to participate in…
The International Monetary Fund said that the Bitcoin bear market hasn’t had an impact on global financial stability in a Tuesday report. In its ‘World Economic Outlook Update: Gloomy and More Uncertain’ report published today, the IMF acknowledged that the crypto market has experienced a “dramatic” sell-off—but added that it hasn’t yet hurt the financial system. Bitcoin’s price was today…
Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin reward mechanics which include “Solitaire,” “Sudoku,” and the game “Missing Letters.” Bitcoin Rewards to Enhance…
Many Formula 1 international racing teams reportedly removed or covered branding and logos from crypto-related sponsors in response to uncertainty around France’s advertising regulations. According to a Tuesday report from RacingNews365, Crypto.com’s logos were not on display during the French Grand Prix on Sunday — the crypto exchange has been a global partner with the racing series starting in July…
Coinbase stock fell almost 16% on Tuesday in the aftermath of reports that the U.S. Securities and Exchange Commission (SEC) is probing the crypto exchange over allegedly listing unregistered securities on its platform. Coinbase’s shares changed hands at $67.07 at the closing bell on Monday, dropping to $62 on Tuesday premarket and further down to $56.35 by press time. After…
