Industry responds to Kamala Harris’ VP pick despite no clear crypto platform

Major United States-based cryptocurrency exchange and wallet service Coinbase is allegedly not letting some users withdraw more than $10 per day.On Feb. 2, a Redditor and self-described Coinbase user reported that Coinbase had put a $10 daily withdrawal limit for some users. The Reddit user, with handle Unholy_Crab1, claims that his subsequent application for higher…

The upcoming exchange, Infinex, will cater to both novice and experienced traders by offering features similar to centralized exchanges (CEX). 246 Total views 4 Total shares Synthetix, a DeFi project in the crypto space, is preparing to expand its range of affiliated products.Kain Warwick, the founder, revealed intentions to introduce a new derivatives front-end called…

In an interview, Do Kwon, co-founder and CEO of Terraform Labs, said that Terra’s ecosystem was built with several use cases such as savings, payments, investments and others that leverage its stablecoin assets. The previous Market Insights newsletter tackled Terra’s ecosystem growth in 2021 and how it got to hundreds of decentralized applications from just two at…

Jack Dorsey’s Square now owns roughly 3,318 more BTC. 3629 Total views 22 Total shares Financial services outfit Square just announced it has picked up more Bitcoin. Square “has purchased approximately 3,318 bitcoins at an aggregate purchase price of $170 million,” the company said in a public statement on Tuesday, adding:“Combined with Square’s previous purchase of…

A huge sell wall at $20,000 may see a major transfer of wealth from whales to institutions based on current data. Bitcoin (BTC) whales appear to be selling to institutions as the supply squeeze heightens below $20,000.Data from various sources shows that while more BTC returned to exchanges this week, largescale buyers are still creating…

The National Intellectual Property Administration (NIPA) in China continues to clarify the guidelines for blockchain patent applications, which are set to become effective as of Feb. 1.At the end of December 2019, the NIPA announced the revised guidelines to patent applications for new emerging technologies such as blockchain, artificial intelligence, big data, and business rules…

Analytics firm Glassnode sees several signs that investors are hunkering down for a rough storm as the Fed rate hike in March looms with uncertain outcomes. 944 Total views 6 Total shares On-chain data analysis from Glassnode shows that Bitcoin investors are hedging out risks in order to stay protected against Federal Reserve interest rate…

The Mona metaverse unveiled an AI-enabled material creator for advanced creative and personalized metaverse design. 235 Total views 8 Total shares Artificial intelligence (AI) is a mainstay in many Web3 activities. From nonfungible token (NFT) creation to fraud detection, it is integral to the roots of what makes up decentralized technology. Mona, a Miami-based 3D metaverse development…