Crypto.com has made a new move in its aggressive sports marketing campaign, partnering once again with Formula 1 to become the official title partner of the new Formula 1 Crypto.com Miami Grand Prix. The announcement comes just days before the airing of the Super Bowl LVI, the most watched sporting event in the United States, in which the exchange bought a spot to air an ad that could be seen by at least 96.4 million people – if last year’s figures are repeated, which by the...
Read More »Zambia Explores Creating its Own Digital Currency After Bashing Crypto
Zambia’s central bank is reportedly conducting research on its own digital currency in hopes of cutting transaction costs and boosting participation. “The results of the research will form part of the input in the policy considerations on whether to introduce a central bank digital currency in Zambia,” officials revealed cited by Bloomberg. Central bank digital currencies (CBDC) are digital tokens tied to a nation’s currency and run by its central bank. Officials hope that...
Read More »Blockchain Firm Trust Machines Garners $150 Million in Funding
Muneeb Ali – a doctor of computer science who graduated from Princeton – has raised a whopping $150 million to create a New York-based company he’s calling Trust Machines, which he’s establishing with fellow Princeton doctor JP Singh. The company seeks to unleash the “true potential of bitcoin” by creating decentralized finance applications, DAOs, and non-fungible tokens (NFTs), a growing marketplace for crypto investors and developers. Ali Is Bringing Trust Machines to...
Read More »The IRS Backs Down on Crypto Staking Case
It looks like the Internal Revenue Service (IRS) doesn’t have as much power as we thought. The agency is offering to pay a man named Joshua Jarrett, who allegedly was denied a refund two years ago after creating new coins through staking. Despite the offer, Jarrett is saying “no” and continuing his case against the tax people in D.C. to ensure the IRS never pursues him on the matter again. Has Crypto Beaten the IRS? In 2019, Jarrett was made to pay income taxes on new...
Read More »Ukraine Received Over $570k in Bitcoin Donations to Support Fight Against Russia
A recent report from blockchain analytics company Elliptic revealed that Ukrainian volunteer groups and non-government organizations (NGOs) received more than $570,000 in Bitcoin donations throughout 2021. 900% Increase From 2020 Interestingly, the total Bitcoin donations made to Ukrainian NGOs in 2021 represent a 900% increase from the previous year. These volunteer groups emerged in 2014 to support protesters during the Maidan Revolution, which led to the removal of the...
Read More »Shiba Inu Price Analysis: SHIB Attempts to Move Higher, Here is the Next Level to Watch
After a short pullback, SHIB appears keen to move higher and challenge the next critical resistance at $0.000037. Key Support level: $0.000029 Key Resistance levels: $0.000037 SHIB had seen a short-term spike as buyers were impatient following the descending channel’s breakout. Today’s bullish engulfing candle indicates that SHIB can continue higher and challenge the key resistance at $0.000037 very soon. On the other hand, the key support level at $0.000029 and was...
Read More »How a Young Man Named Liam Went Too Far to Earn Crypto
Liam Ghershony – a 25-year-old former crypto enthusiast – has completed a 125-day jail sentence after drugging his father so he could convert more than $400,000 worth of his BTC into Ethereum. What Liam Did to Keep His Dad’s Crypto from Falling Liam was involved in crypto investing with his dad, and together, they began an account that saw them earn more than $350,000 in digital currency profits after taxes. Things were going well, but Liam had a serious drug problem...
Read More »LBank Exchange Integrates Chainlink Price Feeds for Secure Perpetual Futures Prices
We’re excited to announce that LBank Exchange—the world-class digital asset trading platform—has integrated Chainlink Price Feeds. By integrating the industry-leading decentralized oracle network, LBank Exchange will have access to high-quality, tamper-proof price feeds needed to help secure perpetual futures trading on the platform. This will provide our users with stronger assurances that LBank futures contracts are using reliable, high-quality market data for asset...
Read More »Apple’s New Feature to Let Merchants Accept Payments in Crypto
The upcoming ‘Tap to Pay’ feature on Apple’s iPhone will offer contactless payment functions to millions of US merchants, both big and small, to accept all types of payments. These include Apple Pay, contactless debit, and credit cards, and digital wallets. Apple’s Tap to Pay According to the official press release, the feature does not require any additional hardware or payment terminal. The announcement revealed that Tap to Pay on iPhone will work with contactless credit...
Read More »BattleVerse Brings First DAO Governed GameFi Metaverse
BattleVerse is a free peer-to-peer online game that uses blockchain and DeFi x NFT technologies. Multichain technology, which allows you to manage your gaming assets by interacting with several blockchains, is a unique feature of BattleVerse. BattleVerse’s world is enormous! It has something to suit everyone’s tastes. Someone will eventually opt to fight in battles for monetary gain and improve their fighting personas in order to face the best of the best in the...
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