Crypto news

American multinational company, PayPal, has revised its Seller Protection program to exclude non-fungible token (NFT) transactions that surpass $10,000. Limiting NFT Transactions According to PayPal’s Policy Updates page, NFT transactions valued at more than $10,000 are ineligible. The changes will come into effect from March 21 this year. A document further elaborating stated that items or transactions such as art, media, antiques, or collectibles, physically or digitally,...

Banking giant Wells Fargo has taken notice of how far the crypto world has come. It’s now predicting that adoption could grow tenfold in the coming years, and it believes that crypto is still very much in its early days. Wells Fargo Thinks Crypto Is Going to Get Bigger In a statement, Wells Fargo explained: For today’s investor trying to figure out if we are early or late to cryptocurrency investing, looking at technology investing in the mid-to-late 1990s seems...

Jared Polis – Governor of Colorado – recently announced plans to accept cryptocurrency for tax payments in his state. Taking a similar approach to Miami Mayor Francis Suarez, Colorado may even launch their own dedicated crypto token. Crypto Taxes In Colorado The governor revealed some of his crypto-adoption plans in an interview with CNBC on Tuesday. With a new piece of legislation called the Digital Token Act, his state will exempt crypto transactions from state securities...

Hollywood actor Ryan Reynolds believes that the cryptocurrency universe is developing as a “huge player.” However, he did not reveal whether he had allocated some of his wealth into the asset class. Reynolds Acknowledges Crypto With the rising popularity of bitcoin and the altcoins, the list of celebrities displaying their support towards the sector is constantly growing. The latest example is the renowned Canadian actor Ryan Reynolds. In a recent interview for Bloomberg...

Bitcoin is officially 13 years old. The cryptocurrency that everyone has grown to love, cherish, and respect turned 13 on February 11 of this year after getting mined for the first time on that date in the year 2009. Bitcoin Turns 13 It was also during that year that the world was introduced to Satoshi Nakamoto, the legendary man behind the number one digital currency by market cap. The e-cash system that now everyone is familiar with was new to traders and investors...

The cryptocurrency trading platform Bybit became the Principal Team Partner of Oracle Red Bull Racing. The agreement is worth $50 million per annum over three years, bringing the total to $150 million. Bybit Joins The Formula 1 World According to a document seen by CryptoPotato, the Singapore-based digital asset exchange Bybit shook hands with Red Bull’s Formula 1 team. As a result, the company will serve as the Principal Team Partner of the racing squad. It will also aid Red...

Nearly $10 billion were stolen in DeFi scams and thefts only in 2021, representing an 81% rise compared to 2020, and rugpulls accounted for over 35% of all crypto scam revenue. This is according to a recent report by Elliptic. And while there are many types of scams that take place regularly within the cryptocurrency community, rugpulls are arguably the most infamous. So, What is a Rugpull in Crypto? A rugpull — from the phrase to pull the rug from underneath someone —...

INTERNET CITY, DUBAI, Feb. 16, 2022 – LBank Exchange, a global digital asset trading platform, has listed ART ONLINE (ARTF) on February 16, 2022. For all users of LBank Exchange, the ARTF/USDT trading pair is now officially available for trading. The world has been changing dramatically since digitalization became a new trend, and with the power of blockchain technology, Non-Fungible Token (NFT) has emerged, making art digitalization greater and easier than ever....

INTERNET CITY, DUBAI, Feb. 15, 2022 – LBank Exchange, a global digital asset trading platform, has listed Morie INU (MORIE) on February 15, 2022. For all users of LBank Exchange, the MORIE/USDT trading pair is now officially available for trading. Meme has become an important part of human culture in today’s world, especially drawing widespread attention in crypto space. As the first MaaS (meme as a service) token, Morie INU (MORIE) is here to create a new meta that...

Tron price started a decent increase above the $0.0620 level against the US Dollar. TRX price is now trading below $0.0680 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it stays above the $0.0622 support zone. TRON price started a fresh increase above $0.0650 against the US Dollar, similar to bitcoin. TRX price could rally...