Coinbase Advanced trading activity surges in 2024: Report
Derivatives trading products saw rapid growth, suggesting that professional traders were actively seeking exposure to cryptocurrencies.
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Why is Cardano (ADA) price up today?
ADA price is up today as investors show excitement over Cardano’s upcoming hard fork.
Cryptosteel Launches Physical Device for Private Key Backup Protection
Cryptosteel has launched its Cryptosteel Capsule, a physical backup device for the offline storage of private keys, passwords, and wallet recovery seeds.The company announced the official launch of the product in a tweet posted on Oct. 21.Not a hardware walletUnlike the hardware wallets that many cryptocurrency HODLers are familiar with, Cryptosteel’s capsule focuses on providing…
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining. 180 Total views 1 Total shares Nasdaq-listed Iris Energy has bought 248 state of the art Nvidia H100 GPUs for $10 million as it looks to explore opportunities in generative AI…
Official: Binance Chain and BNB Will Be Traceable via CipherTrace
American blockchain security firm CipherTrace will provide Anti-Money Laundering (AML) controls for Binance Chain and its native asset Binance Coin (BNB).CipherTrace to increase AML checks on Binance ChainBinance Chain, a public blockchain of major crypto exchange Binance and the underlying blockchain for Binance DEX, is expected to improve its AML procedures through CipherTrace, Binance announced…
ISIS Turns to Blockchain-Based Messaging App Following Telegram Ban
Terrorist organization ISIS has turned to blockchain technology to anonymously spread videos and propaganda to thousands of people worldwide.A Vice report on Dec. 13th noted that experts who track ISIS’s activities online have found that supporters of the terror group are currently experimenting with blockchain-based messaging app, BCM. On the subject, a BCM spokesperson told…
Ernst & Young Introduces Tax Tool for Reporting Cryptocurrencies
Big Four auditing and professional services firm Ernst & Young EY) has launched a tool for accounting and preparing taxes on cryptocurrency holdings, according to a press release published on Mar. 4.The new tool called EY Crypto-Asset Accounting and Tax (CAAT) is designed to improve accounting and tax calculations for digital currency transactions by both institutional…
Party-to-earn: Blockchain breaking down the doors in electronic music community
Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significant further growth. That $6 billion dollar figure marks a 71% increase from the industry’s valuation in 2020, which was understandably much smaller…