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US Appeals Court Finalizes Forfeiture of Silk Road Bitcoins In a recent development, a US appeals court has officially confirmed the forfeiture of Silk Road Bitcoin which amounts to a total of 69,370 bitcoins and other cryptocurrencies tied to the infamous Silk Road dark web marketplace. The court mandate solidifies the initial judgment made in…
BlackRock, Nasdaq, and SEC Continue Discussions Source: Cointelegraph In the latest development, financial giants BlackRock and Nasdaq, alongside the United States Securities and Exchange Commission (SEC), had their second meeting in December to talk about their application for a Bitcoin exchange-traded fund (ETF). As per an SEC memo, the three parties focused on the…
Importance of Blockchain Record: A Secure Verification Trail Blockchain and conversation recording are different technologies by nature, but they can be combined. This allows you to audit any system and confirm its reliability. However, the technology is still new and not widely used. Details below. 1. Importance of Blockchain Records 1.1 Transparency Transparency is a…
In the ongoing clash between Coinbase and the U.S. Securities and Exchange Commission (SEC), Coinbase Appeal shows it’s steadfast in its quest for clear rules on cryptocurrencies tagged as securities Coinbase’s Fight for Crypto Regulation: Challenging SEC’s Denial In the ongoing clash between Coinbase and the U.S. Securities and Exchange Commission (SEC), Coinbase is steadfast…
Set to launch on April 24, this move by Amazon is a big one in for NFTs. In this well detailed article, we’ll take a closer look at what the Amazon NFT Marketplace is all about, looking at its origins, offerings, and the potential impact it could have on the NFT scene. The Amazon NFT…
NFT Airdrops is an important way for NFT projects, artists, and gaming apps to distribute NFTs to their community. Let’s look into the details of NFT airdrops, understanding their purpose, how they work, and get information about some mouth watering NFT opportunities. Read More: Dipprofit.com What Are NFT Airdrops NFT airdrops are a smart strategy used…
Do you ponder on the question “how to turn my paintings into nfts” ? Well For painters seeking to convert their traditional paintings into NFTs, a good understanding of the process is important. How To Turn My Paintings Into Nfts The emergence of non-fungible tokens (NFTs) has ushered in a revolutionary era, providing artists with unprecedented…
A recent survey indicates that nearly half of Nigerians, about 47%, are actively participating in cryptocurrency trading, integrating it into their financial activities. The research further reveals a 15% increase in crypto ownership in the country from 2020 to 2023. Hopefully they do more in 2024. Cryptocurrencies Shift from Being Viewed as Speculative Assets Analysis…
The U.S. Securities and Exchange Commission (SEC) has reiterated its caution about the “exceptional risks” associated with investments in crypto assets. The regulatory body emphasized that crypto-related investments remain susceptible to fraud, encompassing fraudulent coin offerings, Ponzi and pyramid schemes, and cases of outright theft where project promoters vanish with investors’ funds. SEC Issues Warnings…
Non-Fungible Tokens (NFTs) have become a hot topic, and one interesting way people deal with them is by ” NFT flipping.” It’s important you know how to flip NFTs NFT flipping means buying NFTs with the goal of selling them soon after to make a profit. To really know how to Flip NFTs, we need…
U.S. House Committee Unanimously Passes Blockchain Bill Source: Yahoo Finance The House Committee on Energy and Commerce made significant strides on Tuesday by unanimously passing a blockchain bill. This legislation entrusts the Secretary of Commerce with the responsibility of advancing the competitiveness of the United States concerning the “deployment, use, application, and competitiveness of…
USDT Tether Market Cap Hits Record $89 Billion In what looks like a drastic but expected shift in the crypto market, fresh capital is now making its way into the cryptocurrency domain, marking the first expansion of the stablecoin market in over 18 months. Notably, USDT Tether Market CAP surged to an unprecedented market cap…
Lugano Residents Can Now Pay Taxes and Bills with Bitcoin and Tether In a big move, the city of Lugano in Switzerland is now allowing people and businesses to pay for city services and taxes using cryptocurrencies like Bitcoin and Tether. Lugano officials announced on December 5th, stating that now everyone can use Bitcoin and…
Coinbase Wallet Unveils Crypto Transfers Features Source: Coinbase Coinbase, a major player in the crypto space, has introduced enhancements to its decentralized Wallet product, prioritizing user-friendly experiences. A standout addition is a novel feature enabling Wallet users to send funds via simple text messages through platforms like Telegram or WhatsApp. This move aligns with its…
