The recent drop in the price of bitcoin may be attributable, at least in part, to the imposition of legislative constraints. It appears to be the explanation with the most probability. It is now below $20,000 thanks to this decrease. Investors are…
One of the leading neo-banking platforms based in Europe, Revolut has made an announcement for its users. The Europe-based fintech firm has announced that they have launched a staking platform for users. Revolut Launches Crypto Staking Revolut has just announced that its…
On Tuesday, ConsenSys announced that it would offer financial support to an ongoing lawsuit against the IRS for its ability to tax crypto staking rewards. The lawsuit had been filed by Jessica and Joshua Jarrett in 2021 for recovering the federal income…
The Deputy Digital Minister of Ukraine has recently shared an update pertaining to the help they have been receiving from all over the world. However, the minister specifically talked about the help they have been getting from the Russian citizens. He praised…
According to the examiner’s report, the problems facing crypto lender Celsius Network were certainly not new, as it had been facing issues since 2020. The report dictated that the now-bankrupt crypto lender had begun facing serious problems after it had started to…
Introduction The DeFi market is now a $3 trillion industry with thousands of cryptocurrency variants and dApps projects. Much of the crypto market development can be attributed to the two main cryptocurrencies namely Bitcoin and Ethereum. Where Bitcoin is the first crypto…
The most anticipated event involving the Chainlink Staking feature’s induction into the Ethereum network finally took place on 7th December 2022. Currently, the Ethereum network is facilitating Chainlink users in staking their LINK via the Staking v0.1 service. The newly added feature…
The former Ripple official has recently claimed that smart contracts will soon be added to XRP’s ledger. As a result of this claim, the price of XRP has risen a bit. The price of cryptocurrency increased by 1.1% over the past 24…
A number of wallets that were associated with Alameda Research, the trading desk founded by Sam Bankman-Fried, came to life on Tuesday evening and began swapping different cryptocurrencies. A data journalist named Martin Lee from Nansen was one of the first few…
On Wednesday, the trading price of Ethereum (ETH) ended up taking a slight fall from its high trading price. The report shows that the trading price of the second-largest asset slipped by 0.25%. As the price of the asset fell, it ended…
