Category: Uncategorized
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By 2023, Buenos Aires will operate Ethereum nodes.
In 2023, the city of Buenos Aires will set up several Ethereum validator nodes. Diego Fernandez, the city’s secretary for innovation and digital transformation, made the comments. He clarified that this deployment will pursue exploratory and regulatory goals and that it will assist the city in creating cryptocurrency regulations. Cities around the world are incorporating blockchain and cryptocurrency projects into their growth and development strategies. According to reports, Buenos Aires will set up validator nodes for the Ethereum chain in 2023. At ETH Latam, a local event focused on Ethereum, Diego Fernandez, the city’s secretary of Innovation and Digital Transformation, reported this.…
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Mobikwik’s payment service has been suspended, further reducing India’s crypto trading volume.
As traders consider the 30 percent crypto tax, cryptocurrency trading volumes in India have plummeted even further across exchanges. Mobikwik, a popular payment service provider, has also stopped serving exchanges. Cryptocurrency trading volume in India continues to slide after the government began taxing crypto income at 30% without allowing any loss offsets or deductions. According…
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The International Monetary Fund (IMF) says that there is still a lot of work to be done on cryptocurrency regulation.
According to the International Monetary Fund (IMF), there is still a lot of work to be done on crypto regulation. “We’ve certainly seen an increase in the use of cryptocurrencies before this war,” said the IMF’s deputy managing director. “We’ve seen it happen more in emerging markets than in others.” The top two leaders at…
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After a proposal to jail Ponzi operators, Nigerian lawmakers have been urged to consider regulating the cryptocurrency industry.
The leader of the Nigerian blockchain association, Senator Ihenyen, has implored the country’s lawmakers — currently pushing for the securities law to be revamped — to consider crafting laws that regulate the crypto industry. Proposed Law Does Not Expressly Mention Cryptocurrencies As Nigerian lawmakers debate a bill that proposes a ten-year jail term for operators…
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Animoca Brands, a blockchain company, has raised $358 in order to upgrade Web3 and the Metaverse.
Animoca Brands has announced the blockchain and cryptocurrency-focused firm has raised $358.8 million to bolster the non-fungible token (NFT) industry and “build the open metaverse.” The capital raise follows the firm’s previous $65 million and $138.88 million raises last year and today, Animoca Brands has an overall valuation of $5 billion. The firm Animoca Brands is a…
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Instagram’s CEO says the company is ‘exploring NFTs’ to make them more accessible to a wider audience.’
According to the CEO of Instagram, Adam Mosseri, the social media application is looking into non-fungible token (NFT) technology. During an ask-me-anything (AMA) session on Instagram, Mosseri said that the company wants to make NFTs “more accessible to a wider audience.” Instagram CEO: ‘We Are Definitely Actively Exploring NFTs’ Following the firm’s parent company Facebook…
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The Bitcoin hash rate has reached an all-time high, suggesting that thousands of next-generation machines have entered the race.
While bitcoin prices have consolidated around the $50K zone, the network’s hashrate has reached an all-time high (ATH) on December 8, 2021, tapping 194.95 exahash per second. Bitcoin miners have increased their processing power a great deal despite the fact that mining bitcoin is 8.33% harder to mine since December 11. Bitcoin Hashrate Taps 194…
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Coinbase Proposed for Crypto Regulation Pushing 4 Core Recommendations
Cryptocurrency exchange Coinbase has published its proposal for crypto regulation after “more than 75 meetings with stakeholders in government, industry, and academia,” CEO Brian Armstrong revealed. In its Digital Asset Policy Proposal, the company recommends “four core pillars to inform future U.S. regulation.” The Nasdaq-listed cryptocurrency exchange Coinbase published its Digital Asset Policy Proposal (DAPP) Thursday. Coinbase…
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XcelTrip Lists Eco Coin for hotels & flights booking worldwide
[Singapore, 8th June, 2020] XcelTrip is proud to announce its partnership with Ormeus Ecosystem, a globally accepted crypto token that is reforming the business-backed blockchain smart economy. With this new partnership we are excited to announce the integration of Eco Coin, that can now be used as payment on the XcelTrip travel platform to book over 1.5 million…
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XcelTrip Partner With Manny Pacquiao Foundation!
XcelTrip and XcelPay on the 29th of October, 2019 at 11:00 AM joined hands with Manny Pacquiao Foundation (MPF) as their official travel and transaction partners. Since conception, the Manny Pacquiao Foundation (MPF) has played a very important role in the lives of the less fortunate in society, food, housing, but most of all, hope. Now, they are…