Coinbase stock (COIN) price has nearly doubled since its June lows with a potential for much more upside this year, according to a mix of technical and fundamental indicators. COIN’s symmetrical triangle reversal COIN has been undergoing a strong bullish reversal after falling by almost 90% from its record high of $368.90 in November 2021. Coinbase stock price was up…
Gamers and customers of IT and gaming hardware firm Razer are set to plug into the world of decentralized finance (DeFi) through a new rewards swap program in partnership with Cake DeFi. Razer remains a household favorite brand for gamers around the world, with its Razer Gold rewards program allowing gamers to earn and redeem Razer Silver points for a…
The South Korean government has reportedly postponed the 20% tax crypto gains by two years. The controversial 20% tax on crypto gains was supposed to come into effect from January 1, 2023, but now has been deferred to 2025. The government officials announced their new tax reform plans on July 21, deferring the crypto tax policy to 2025, citing stagnant…
Armed robbers have plundered a large crypto mining facility not far from the Russian capital, local media reported. The unidentified perpetrators stole dozens of video cards in the latest incident involving theft of coin minting hardware, which has been on the rise in Russia. Unknown Attackers Steal Mining Equipment From Crypto Farm in Russia A crypto mining farm in the…
Finnish customs authorities have announced that they recently sold confiscated Bitcoin worth €46.5 million ($47.35 million). According to a press release issued today, the 1,889.1 in Bitcoin was confiscated mostly in raids before 2018. The haul was seized during narcotics busts and transferred into state control via court rulings, but appears to have been subject to long deliberations over what…
Individually identifiable digital representations of blockchain-based tangible or intangible objects called nonfungible tokens (NFTs) are not typically divided into smaller parts. Instead, structured metadata related to actual or virtual things is represented by NFTs. Often, the tokens are not connected to the objects and serve as distinct identifiers, advancing the interoperable commercialization of the physical or digital items, according to…
press release PRESS RELEASE. Franck Muller, the world-famous Swiss luxury watchmaker, has announced the release of a series of digital wearables and physical watches on the Binance NFT marketplace. The series will commence with the release of ‘Mystery by Franck Muller’ generative NFTs on July 27, 2022. This marks a continuation of Franck Muller’s pioneering journey in Web3 innovations, following…
It’s not every week that regulators from both sides of the Atlantic ocean come together to discuss cryptocurrencies. But that’s what happened last week, with European and American counterparts sharing their thoughts on stablecoins, central bank digital currencies (CBDCs) and the Markets in Crypto assets (MiCa) proposal. The representatives of the European Commission, the European Banking Authority (EBA), the European…
Vauld, a Singapore-based cryptocurrency lending and exchange platform, owes a total of $402 million to its creditors, as reported by The Block. Of this amount, $363 million, or about 90%, was reportedly deposited by individual retail investors, according to a document filed to Singapore’s High Court on July 8 by Vauld CEO Darshan Bathija and shared with the firm’s customers…
Passport, sunglasses, beach towel, Bitcoin (BTC)? A BTC enthusiast on vacation demonstrated that the world’s largest cryptocurrency could soon become a holiday essential. Eugenio, a Costa Rican Bitcoin maximalist, paid his way on holiday with just Bitcoin in his wallet during a long weekend on Costa Rica’s Pacific coast. A hotspot for Bitcoin adoption and real-life whale spotting, the towns…
