Californian startup Hitch is collaborating with South African artist Daniella Attfield to create a unique non-fungible token (NFT) art piece that benefits the climate, it said in a release shared with CryptoSlate. “Mining cryptocurrency creates a tremendous amount of energy and NFTs use much less— which is why using carbon credits for any art piece […]
India may give crypto holders an “exit window” in case of Bitcoin ban
India’s officials are currently discussing the possibility of providing an “exit window” that would allow crypto holders to get rid of their assets ahead of the potential ban on all “private” digital currencies, The Indian Express reported today. “The government is expected to provide an exit window to existing crypto holders in the event of […]
Reef Finance announces new Substrate blockchain to launch in early May
As Ethereum’s gas fees skyrocket and the Binance Smart Chain sees performance issues, Reef Finance is stepping into the fray with its new Reef Chain. This new Substrate-based blockchain will be launching in early May, but the exact date depends on the outcome of mainnet testing which is currently taking place. This move comes as […]
$3.7 billion liquidated as crypto markets react to Biden’s tax scare
Over $3 billion worth of crypto positions were liquidated this morning amidst a broader sell-off, data from multiple sources showed. Some market watchers attributed the drop to a proposal made by US president Joe Biden yesterday. The crypto drop ‘Liquidations’ occur when traders borrow excess capital from brokerages/exchanges (i.e., ‘margin’ or trading futures) to place […]
Hong Kong business turns to BNB and XRP payments amidst coronavirus slowdown
Don’t be waiting with your credit card or fiat cash if you happen to be dining at Japanese fusion restaurant Okra in Hong Kong. The business is now accepting Binance Coin (BNB), Binance USD (BUSD), XRP, Bitcoin (BTC), and Ethereum (ETH) as it grapples with the ill effects of the ongoing coronavirus pandemic, reported local […]
62 detained in Turkey a day after alleged $2 billion crypto ‘exit scam’
Turkish police have detained 62 people across eight provinces in connection to an ongoing investigation into local cryptoc exchange Thodex going dark, news agency Associated Press reported today. On Wednesday, several reports stated that Thodex, which had anywhere between $2-10 billion worth of its users’ cryptocurrencies in custody, has abruptly stopped all operations. This caused […]
XRP Price Plunge Heavily! Rebound Soon or Risk Further Drop?
The post XRP Price Plunge Heavily! Rebound Soon or Risk Further Drop? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide The year 2021 has seen a surge in cryptocurrency markets, with currencies like Bitcoin seeing a 500 percent increase. Ripple Labs’ currency, XRP, is one of the most popular cryptocurrencies that […]
Stellar Price Prediction 2021 – Will XLM Price Hit $1?
The post Stellar Price Prediction 2021 – Will XLM Price Hit $1? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Stellar is one of the most promising cryptocurrencies on the market currently. Developed by Stellar Development Foundation, the currency ‘Lumen’ under the symbol XLM is traded on various exchanges. Steller, one […]
Top Reasons Why This Could Be the Best Time to Buy Ethereum (ETH)
The post Top Reasons Why This Could Be the Best Time to Buy Ethereum (ETH) appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide After a sudden drop a few days ago, the Ethereum price is bouncing back. ETH is currently trading at $2,440, down 4.75% from its all-time peak of $2,550. […]
Why Cryptocurrencies Are Plummeting? How to Avoid Risks?
The post Why Cryptocurrencies Are Plummeting? How to Avoid Risks? appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide On 23rd April, Bitcoin fell to $50,000, reaching a record low in these few months. In only one day, Bitcoin, which once stood at a height of $64k, fell more than $10k, a […]