Cryptocurrency Updates

The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessment fees to ensure they’re complying with regulations. The rule was included in New York State’s FY2023 budget signed into law on April 9th by Governor Kathy Hochul giving the state's Department Of Financial Services (DFS) a “new authority to collect supervisory costs from licensed virtual currency businesses,” according to a…...

BitLicensed Crypto Firms Ordered to Pay Annual Assessment Fees in New York The cost of running a crypto business in New York is about to rise with the state government gearing up to require companies holding a BitLicense to pay assessm

Ripple vs SEC cases is all set to foresee a final turn as the assumptions of a settlement are fast approaching. After the recent update where the court said clearly that it doesn’t require additional discovery against Ripple, the tables are slowly training in favour of the company. Recently, the court had also sued Hinman & Clayton for their roles played in the case....

Attention Traders! Last Chance to Grab XRP Price at Discounted Price! Ripple VS SEC Case to Settle Within 90 Days! Ripple vs SEC cases is all set to foresee a final turn as the assumptions of a settlement are fast approaching. After the recent update where the court said cle

This article is available in the following languages: Namaste Tribe! Here’s a monthly report of what happened at WazirX in January. What happened last month? 20 new market pairs: We added 8 tokens to our USDT market and 12 tokens to our INR market last month! You can now buy, sell, trade COCOS, AMP, CTXC, VOXEL, ONE, NEAR, ENS, POWR, ROSE, ANT, ARDR, GRT, OOKI, CREAM, BTTC, GLMR, ANY, and XNO on WazirX....

Month in Review – January 2022 This article is available in the following languages:Namaste Tribe! Here’s a monthly report of what happened at WazirX in January.What happened last month?[Do

Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decentralized application on the Ethereum network. While CryptoKitties accounted for a notable portion of Ethereum transaction volume in 2017, these NFTs mainly served as digital collectibles geared toward the crypto community. It wasn’t until March 2021 when NFT artwork started gaining traction due to the financial potential behind these creations....

How Web3 is redefining storytelling for creators and fans through NFTs Nonfungible tokens (NFTs) have come a long way in a relatively short period of time. In 2017, the NFT project CryptoKitties made headlines as the largest decent

The impact of blockchain technology on the ongoing digital revolution cannot be overstated, as the rise of the Metaverse and the integration of virtual reality are changing how people interact on a global scale as we have seen this evidently with Decentraland. Decentraland (MANA), a virtual reality (VR) ecosystem built on the Ethereum network that allows users to create, engage with, and monetize digital content through a variety of interactive experiences, is one project that is beginning to gain traction in its effort to bridge the old world with the new....

Decentraland (MANA) Price Surges 75% Higher Above Expectations The impact of blockchain technology on the ongoing digital revolution cannot be overstated, as the rise of the Metaverse and the integration of virtual reality

Even the most seasoned veterans are caught off guard by the cryptocurrency market, as each bull and bear market initially resembles previous cycles before veering off in an unexpected direction, wiping out the fortunes of newly minted crypto millionaires. Lets see 5 practical ways you can survive a crypto bear market. This was the case with the weak 2021 close, which went completely against the bullish $100,000 BTC price forecasts that crypto analysts and influencers had been touting nonstop....

5 Ways To Survive A Crypto Bear Market Even the most seasoned veterans are caught off guard by the cryptocurrency market, as each bull and bear market initially resembles previous cycles before veeri

Senator Rafael 'Ted' Cruz of Texas, a junior Republican, is putting his money where his mouth is by buying he bitcoin dip. Cruz purchased between $15k and $50k worth of Bitcoin (BTC) on January 25th, according to a financial disclosure filed on Friday, February 4th. Bitcoin was trading between $36k and $37k at the time, and it has since risen to its current price of around $41,600....

Texas Republican Senator, Ted Cruz buys The Bitcoin Dip Senator Rafael 'Ted' Cruz of Texas, a junior Republican, is putting his money where his mouth is by buying he bitcoin dip. Cruz purchased between $15k an

The year 2021 will go down in history as the year of nonfungible tokens (NFTs). NFTs are estimated to have generated more than $23 billion in trading volume in a year when names like Beeple and Bored Ape Yacht Club dominated the headlines. With the rise of NFTs, a new generation of investors has emerged, scouring platforms like Discord and OpenSea for the next 100x opportunity....

3 Things You Should Know As An NFT Investor To Avoid A Tax Problem The year 2021 will go down in history as the year of nonfungible tokens (NFTs). NFTs are estimated to have generated more than $23 billion in trading volume in

Myanmar's armed forces, who have controlled the government since forcibly detaining many elected leaders in 2021, are reportedly planning to issue a digital currency to aid the local economy. According to a Bloomberg report published on Thursday, Major General Zaw Min Tun said that launching a digital currency would "help improve financial activities in Myanmar," but military officials were undecided about whether to collaborate with local businesses or go it alone....

Myanmar’s Government Considers Launching Digital Currency Myanmar's armed forces, who have controlled the government since forcibly detaining many elected leaders in 2021, are reportedly planning to issue a digital cur

Despite being the world's eighth most valuable cryptocurrency, the market is experiencing record selling pressure, with bears sweeping the market despite XRP's strong institutional adoption. At the time of writing, XRP is worth 60 cents, and any attempt to push it below $0.57 will almost certainly lead to further losses, pushing prices below the $0.54 support level. As long as XRP/USD remains below key supports, it may remain unchanged....

XRP Down To 60 Cents As Ripple Sold More Than $1 Billion Worth Of XRP In Q4 2021 Despite being the world's eighth most valuable cryptocurrency, the market is experiencing record selling pressure, with bears sweeping the market despite XRP's

Wormhole, a popular cross-blockchain bridge that connects the Ethereum and Solana blockchains, has suffered a security breach, resulting in the loss of 120,000 ETH tokens from the platform, valued at $318 million at the current Ethers price. The bridge is currently down while the team investigates a potential exploit, according to the project's official Twitter handle, which simply states, "Portal is Temporarily Unavailable."...

Blockchain Bridge, Wormhole Loses Over $318 Million Due To Hack Wormhole, a popular cross-blockchain bridge that connects the Ethereum and Solana blockchains, has suffered a security breach, resulting in the loss of 120,000