Safemoon, is the new BEP-20 token on the Binance Smart Chain(BSC), a main competitor to the Ether decentralized financial system. Safemoon was launched on March 8, 2021, and has quickly grown to become the third-largest BEP token by market cap. This very new token grew by almost 6,000% in just one month. The rise that surprised the entire cryptocurrency industry. It has since taken a plunge, but the amazing thing is that this project is still often talked about now, with...
Read More »Bitcoin Cash Analysis: Chances of Fresh Increase above $300
Bitcoin cash price started a fresh decline from the $320 resistance against the US Dollar. The price is now trading near the $300 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $290 support in the near term. Bitcoin cash price is struggling below $320 against the US...
Read More »GameStop To Launch Its NFT Marketplace In Late Q2
Last year, the community revived GameStop from what seemed like a slow and painful death under the claws of greedy Wall Street hedge funds. Now, GameStop wants to give back and make the most out of this second chance with the launch of an NFT marketplace to serve gamers, crypto lovers and tech enthusiasts. On March 17, American video games retailer GameStop revealed its intentions to launch an NFT Marketplace by the end of the second quarter of 2022. According to its...
Read More »Coinbase Dives Deeper Into Web3: Launches Coinbase Pay
The San Francisco-based crypto exchange – Coinbase – announced that users can now take advantage of the new feature to fund their non-custodial Coinbase Wallet easier than before. The Newest Product As part of its mission to make cryptocurrency products accessible to the broad public, Coinbase introduced Coinbase Pay. The company explained that the solution is an extension of its existing digital asset wallet that allows users to interact with Web3 applications. Coinbase Pay...
Read More »European Watchdogs Warn Users: Crypto-Assets Are Highly Risky and Speculative
The European Supervisory Authorities – the European Banking Authority (EBA), the European Securities and Markets Authority (ESMA), the European Insurance and Occupational Pensions Authority (EIOPA) – issued a warning to investors about cryptocurrencies, deeming the asset class as “highly risky and speculative” in nature. The ESAs Ask Consumers to Make Informed Decisions The warning comes amidst increasing consumer activity and interest in crypto-assets, as well as the...
Read More »Switchyard Brewery Says “Yes” to Crypto Payments
Switchyard Brewing Co. has become the latest establishment to accept bitcoin as a method of payment. Switchyard Brewing Is Excited About Crypto Located in Indiana, Switchyard is the first brewery in the area to make the transition to crypto. The primary executive of the company, Kurtis Cummings, doesn’t expect all his patrons to immediately flock to BTC to purchase beer and food, though he is excited about being part of what he feels is a growing trend, and he’s happy to...
Read More »Dfinity Foundation Founder Submits $250M Proposal to Hasten the End of Attacks on Ukraine
Dominic Williams, the founder of Dfinity Foundation, proposed a way that blockchain and smart contracts can potentially help by getting millions of Russians to watch an entire informational video(s) about the ongoing war. The exec stated that the proposal is made in a personal capacity rather than as an employee of the decentralized blockchain project. The Proposal Even as Russia faces a massive economic meltdown, the shelling in Ukraine has hit residential areas of cities...
Read More »Christopher Wray: Russia Will Have Difficulty Using Crypto to Avoid Sanctions
Christopher Wray – the director of the Federal Bureau of Investigation (FBI) – says that Russia overestimated its abilities to use crypto to fight sanctions imposed by the United States and its allies. Russia and Crypto May Not Be a Perfect Match Over the past several weeks, many authorities in the U.S. have commented that Russia may try to use crypto to bypass sanctions following its invasion of Ukraine. Members of Congress such as Elizabeth Warren of Massachusetts have...
Read More »LBank Exchange Will List GogolCoin (GOL) on March 18, 2022
INTERNET CITY, DUBAI, Mar. 16, 2022, ZEXPRWIRE, LBank Exchange, a global digital asset trading platform, will list GogolCoin (GOL) on March 18, 2022. For all users of LBank Exchange, the GOL/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on March 18, 2022. Blockchain technology and cryptocurrency have been greatly impacting the world since their emergence. To make the world a better place for everyone to live in, GogolCoin (GOL) developed...
Read More »SEC Chairman Questioned by Senators About Overburdensome Crypto Reporting Requirements
Rep. Tom Emmer of Minnesota’s 6th district recently sent a letter to Gary Gensler – Chairman of the Securities and Exchange Commission (SEC) – with critical questions about the authority’s crypto industry reporting requirements. The letter is written on behalf of multiple blockchain firms that claim these requirements – framed as “requests” – aren’t exactly voluntary, and are stifling innovation. Stifling the Crypto Sector Sent on Wednesday, the letter was co-signed by seven...
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