The post 3 Things Many Newcomers Still Don’t Realize About Buying Cryptocurrencies appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Bitcoin and cryptocurrencies as a whole are having a crazy year right now, with bitcoin reaching heights few would have expected. As with any cryptocurrency boom, many outsiders are getting curious […]

The post Crypto.com Has Rolled Crypto.com Tax and We Can’t Wait For It To Go Live appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Crypto.com is pleased to announce the launch of Crypto.com Tax in Canada, with plans to expand to other markets in the near future. Crypto.com Tax simplifies the […]

Kylin Network has announced that it is entering into a strategic partnership with Wanchain. This partnership is part of a series of partnerships announced by the Kylin Network.  The long-term strategic partnership will focus on safeguarding interoperable DeFi. The partnership combines Kylin Network’s innovative cross-chain data services and Wanchain’s leading blockchain interoperability solutions.  How Does […]

Vitalik Buterin has recounted how turned $25,000 into $4.3 million in three years by investing in DOGE. In his recent appearance on the Lex Fridman podcast, Ethereum co-creator, Vitalik Buterin, revealed he profited more than $4 million from a $25,000 investment that he made into Dogecoin during 2016. But true to form, he gave it […]

KSM token prices surge as Parachain auctions launch nears. U.S. cryptocurrency exchange Kraken has announced a “first-of-its-kind” Parachain Auction Platform enabling clients to participate directly from the exchange. In a blog post on June 8, Kraken revealed the new platform will enable users that qualify to pledge support for Kusama projects vying for a Parachain […]

June 8: * Total spot trading volume at $2.14 billion, the 30-day average is $2.88 billion. * Total futures notional at $592.6 million. * The top five traded coins were, respectively, Bitcoin (-0.5%), Ethereum (-3.2%), Tether (0%), Cardano (+1.4), and USDC (0%). * Good returns from Kusama (+9.3%), Ren (+7.2%), and Curve Dao (+6.4%). The […]

PayPal’s custodian of crypto funds, itBit, traded over $2.1 billion worth of Bitcoin, Ethereum, Bitcoin Cash, Litecoin, and PAX in May, according to data provided by analytics tool Nomics. Owned by Paxos, itBit is a crypto exchange that provides liquidity for PayPal, a US company operating an online payments system that entered into the crypto […]

CFTC Commissioner Dan M. Berkovitz has called for a crackdown on unregulated DeFi derivatives platforms. Commissioner Dan M. Berkovitz of the Commodity Futures Trading Commission (CFTC) believes DeFi derivatives platforms may contravene the Commodity Exchange Act (CEA). Speaking as part of a June 8 keynote address dubbed “Climate Change and Decentralized Finance: New Challenges for […]

Coinbase CSO says ‘good ol’ fashioned police work’ landed the FBI the private keys. Coinbase’s Chief Security Officer has refuted suggestions the U.S. crypto exchange was involved in any seizure of crypto assets related to recent Colonial Pipeline ransomware attack. CSO Philip Martin took to Twitter on June 8 to explain the firm’s involvement, or […]

Six East African states are reportedly set to explore the possibility of using central bank digital currencies (CBDC) as an alternative to their shared payment system. The six countries, which are all members of the East Africa Community (EAC) trading bloc, are hoping this alternative will create a pathway that leads to the attainment of […]