According to instructions published by Mendoza’s government, users will be able to pay with any crypto wallet, including Binance, Bitso, Buenbit, Bybit, Ripio and Lemon. Mendoza will only accept stablecoins for tax payments, DAI and USDT among them, Clarรญn newspaper reported. Source
In bear markets, holders accumulate showing unwavering faith. The other side of that is a decrease in the โwillingness to spendโ or use the assets. The latest Intotheblock report โhighlights the diverging pictures between on-chain demand and accumulation of the largest two crypto-assets.โ Some people still have trouble admitting weโre currently in a bear market, but the signs are everywhere. Why would you move your money if your goal is to accumulate? It doesnโt make sense. The whole situation Intotheblock describes, though, makes all the sense in the world. Signs…
Itau Unibanco, one of the biggest bank conglomerates in Brazil, has been selected by the countryโs central bank to develop a system with a stablecoin pegged to the value of the Brazilian real. Itauโs system was one of the eight proposals selected by the Central Bank of Brazil as part of LIFT Lab, an annual initiative focused on financial innovation. Itau Unibanco to Develop Digital Real Stablecoin The Central Bank of Brazil is advancing in its pilot program for the launch of its central bank digital currency (CBDC),…
According to a Monday press release, Lemniscap led the seed funding round with support from Coinbase Ventures, Blockchain Capital, Distributed Global, Lattice, Arweave, Bering Waters, Maven11 and SevenX Ventures. RedStone, which currently delivers data feeds to more than 30 blockchains, including Ethereum, Avalanche and Polygon, will use the funds to expedite the rollout of its latest product suite with the aim of improving connectivity between blockchains and real-world data. Source
Phishing comes in many forms. The main target of any cybercrime is to generate money from duplicitous actions. When a hacker targets an international business and steals their data, there is a financial incentive that pushes them to do so. As cryptocurrency becomes a more recognized financial medium, attackers are actively turning to target those with digital wallets. In 2021, crypto scammers took โโ$14 billion. Quite simply, as Bitcoin and other cryptocurrencies become more valuable, they become a bigger target for hackers and scammers. With this in mind, those that…
The high court of the Central African Republic (CAR) has denied the governmentโs plan to offer citizenship, land and valuable minerals to investors who purchase $60,000 of its government-supported cryptocurrency, the Sango Coin, is unconstitutional, according to a report from Bloomberg. Source
โถ Coinbase Website: Coinbase.com โถ CEX Website: cex.io Download India’s simplest Bitcoin app: Watch Cryptocurrency Special – Part 2 here: Follow Sumit Gupta’s Social Media Handles:- Instagram: Twitter: LinkedIn: Website: ๐ง Listen To #TheRanveerShow On Spotify: โ Subscribe To Our New Channel “TRS Clips เคนเคฟเคเคฆเฅ” Here: ๐ฅ Watch Our Podcast Clips (Highlights of our podcast): ๐ง Listen To Our Hindi Podcast:- โ Subscribe to our HINDI YouTube Channel: Sumit Gupta is the co-founder of CoinDCX, which is India’s largest and safest Cryptocurrency exchange! With its valuation of over โน100 crores,…
A code-first approach to consumer privacy could be bolstered by legislative initiatives. Source
According to a recent blog post, 0xfanfaron, CEO of nonfungible tokens (NFTs) gaming project Ragnarok, apologized publicly for his missteps in leading the company. Ragnark is a crypto startup that brought in $15.5 million worth of Ether for gaming development in April through its first-ever NFT sale. However, a0xfanfaron disclosed: “We exchanged the ETH from the mint for 15.5 million in USD Coin. As it turns out, this was a good move in treasury management. But when ETH’s price went down, I made mistakes by buying ETH multiple times when…
The macro market has been influencing the price of crypto to a much larger degree in the last couple of months compared to a year ago. This is no surprise given that some of these companies, which are heavily involved in the macro market, also extended their investments to cryptocurrencies such as Bitcoin. Hence, when the macro environment affected these companies, crypto was affected. Even now, the influence continues to maintain hold. Losses Flow To Crypto Over the last week, there have been some major happenings in regard to the…