What are crypto debit cards: How they work and where to use them
Crypto debit cards allow users to spend their cryptocurrency holdings; they work by converting crypto into fiat currency at the point of sale.
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Currency.com becomes executive member of self-regulating trade group CryptoUK
The firm said it planned “to drive greater dialogue and collaboration with regulators and policy makers” as a member of the group. 353 Total views 4 Total shares Crypto trading company Currency.com is joining CryptoUK, a self-regulatory trade association for the cryptocurrency industry in the United Kingdom. In a Thursday announcement, CryptoUK said the firm would…
Crypto.com slashes staking rewards as user numbers top 5 million
Crypto.com’s five million user milestone has been overshadowed by 70% reduction in staking rewards for its native CRO token. Prominent crypto exchange and debit-card provider, Crypto.com, has surpassed five million users for the first time. The milestone comes only three months after the platform first exceeded three million users. Crypto.com has seen accelerated growth since the…
Institutions Eye Bitcoin as Hedge Against Global Economic Volatility
The world has arguably been teetering on the brink of a recession for months now. But recent events could be pushing the global economy even closer to the precipice. The coronavirus outbreak has choked China’s output, leading to predictions that it will trigger a global slowdown. Europe is facing its own challenges amid ongoing Brexit…
ParaSpace to continue NFT lending as it rebrands to Parallel Finance
The protocol will expand to liquid staking and layer-2 solutions while retaining its NFT lending services. 415 Total views 2 Total shares Despite rebranding to Parallel Finance for a greater focus on the decentralized finance (DeFi) ecosystem, the nonfungible token (NFT) lending protocol ParaSpace will continue to focus on its core product amid sector woes. In
1.5M Bitcoin Cash deposited on exchanges as fork looms
With Bitcoin Cash’s Nov. 15 chain split looming, BCH hodlers have deposited more than $300 million worth of the coin into exchanges since the start of the month. 381 Total views 5 Total shares Bitcoin Cash (BCH) hodlers are scrambling to get their coins onto exchanges ahead of the hard fork expected for Nov. 15.According…
BarnBridge unveils application to maintain portfolio weightings of ERC-20 tokens
BarnBridge’s “SMART Exposure” application automatically rebalances ERC-20 tokens held in a user’s portfolio to ensure they maintain specific weightings. 316 Total views 3 Total shares Decentralized finance protocol BarnBridge has introduced an application that allows users to automate position management between Ethereum-based assets.On July 5, BarnBridge announced its second application, dubbed "SMART Exposure." The application…
Council of the EU adopts DAC8 crypto tax reporting rule
The eighth iteration of the Directive on Administrative Cooperation was formally adopted by the Council of the European Union. 309 Total views 3 Total shares The eighth iteration of the Directive on Administrative Cooperation (DAC8) — a cryptocurrency tax reporting rule — was formally adopted by the Council of the European Union on Oct. 17.
Bitcoin Price Crashes $800 in Minutes as Bears Eye $9K Support Next
Bitcoin (BTC) price dropped $800 in 15 minutes July 27 after a dramatic bearish move destroyed support at $10,000. Bitcoin 24-hour price chart. Courtesy of Coin360Bitcoin traders eat their walletsTraders were scratching their heads on social media Saturday in the wake of the sudden losses, with BTC/USD crashing from $10,180 to $9,410.At press time, the pair…