On Giving Tuesday, cryptocurrency and NFT backers bullish on donating

On Giving Tuesday, cryptocurrency and NFT backers bullish on donating

NEW YORK, NY – JUNE 29: Sir Tim Berners-Lee has auctioned off the source code for the World Wide Web, which has been given to the world for free, as an NFT at Sotheby’s on June 29, 2021 in New York City. The auction raised $5.4 million, which Berners-Lee said will be donated to charity. … Read more

Crypto.com and Silvergate enable institutions to buy and sell crypto with USD

Crypto.com and Silvergate enable institutions to buy and sell crypto with USD

Major cryptocurrency exchange Crypto.com continues to expand its cryptocurrency solutions on and off the slopes with a new partnership with California chartered Silvergate Bank. Crypto.com announced on November 30 that it is working with Silvergate to allow institutional clients to deposit and withdraw from the exchange using US dollars (USD). According to the announcement, bank … Read more

Famed Economist El-Erian Reveals Selling Bitcoin Early, Gives Next Entry Point

Famed Economist El-Erian Reveals Selling Bitcoin Early, Gives Next Entry Point

Egyptian-American economist and businessman Mohamed El-Erian revealed that he bought bitcoin several years ago, but sold it early due to “behavioral errors.” El-Erian is “President of Queen’s College, Cambridge and Principal Economic Adviser at Allianz, the parent company of Pimco where he was CEO and Co-Chief Investment Officer (2007-2014). He has also been “Chairman of … Read more

‘Bitcoin Ethereum dono chale’: Harsh Goenka’s latest tweet on crypto frenzy in India

Business Today

RPG Group Chairman Harsh Goenka shared his two cents on how Saint Kabir Das Ji is reacting to the cryptocurrency sell-off and the frenzy in India. Goenka tweeted in Hindi: “Bitcoin and Ethereum are going to a place called the crypto market, don’t sell in a hurry and fear recession.” He further wrote in his … Read more

How do I bank my crypto so I can spend it? Here are the benefits and barriers of some new services for digital currency.

How do I bank my crypto so I can spend it? Here are the benefits and barriers of some new services for digital currency.

This is amazing Article – Commodity Reprinted with permission from NerdWallet. This article provides information for educational purposes. NerdWallet does not provide advisory or brokerage services, nor does it recommend specific investments, including stocks, securities or cryptocurrencies. Cryptocurrency, the blockchain-based digital currency that has captured the attention of investors and financial services firms alike, is … Read more

Mega Yacht Sold for $650,000 in Metaverse, Becomes Most-Expensive NFT in Sandbox Virtual World

Mega Yacht Sold for $650,000 in Metaverse, Becomes Most-Expensive NFT in Sandbox Virtual World

In the virtual world of Sandbox gaming, a mega yacht was sold for $650,000 (about Rs 4.8 crore). Part of the metaverse, this virtual luxury ship is called the “Metaflower Super Mega Yacht,” and features two helipads, hot tubs, and a DJ booth among other lavish amenities. With this purchase, Metaflower Yacht has become the … Read more

How do criminals exploit cryptocurrencies?

How do criminals exploit cryptocurrencies?

How much do criminals use digital assets? Entities involved in illegal activity received around $5 billion in digital asset funds in 2020 and sent a similar amount. Those sums, from blockchain data provider Chainalysis, represent less than 1 percent of total cryptocurrency inflows, however, dwarfing the $1.6 trillion in cash laundered annually, according to United … Read more

The CryptoPunk NFT that sold for $532 million. Sort of

The CryptoPunk NFT that sold for $532 million. Sort of

CryptoPunk #9998, part of a pool of 10,000 NFTs, “sold” for $530 million on Thursday. OpenSea/user 0xef764bac8a438e7e498c2e5fccf0f174c3e3f8db What is the most expensive NFT ever sold? It depends. Officially, it’s Beeple’s Everyday, a set of digital art sold at Christie’s Auctions for $69 Million. Then there’s the NFT issue, which sold for $532 million in October. … Read more

Who owns the most cryptocurrency?

Who owns the most cryptocurrency?

Who are the biggest owners of Bitcoin? It is likely that many early bitcoin buyers will end up as the richest people in the cryptocurrency markets. The strategy of holding future earnings – “hodling”, has been widely promoted in the vocabulary of cryptocurrency advocates. An anonymous Bitcoin account that began buying tokens in March 2011 … Read more