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” Brazilian Senate announces incoming approval of the ‘Bitcoin law’ “ The bill regulating the cryptocurrency market in Brazil is expected to be approved by the National Congress in the first half of this year, according to Cointelegraph Brazil. The legislation, which has been debated in the Chamber of Deputies since 2015, has been approved…
” New crypto card by Nexo allows users to pay without selling Bitcoin “ Major cryptocurrency loan company Nexo has officially launched a crypto-backed Mastercard card enabling users to pay for services with cryptocurrencies like Bitcoin (BTC) without selling their crypto. Nexo has partnered with Mastercard and the peer-to-peer payment startup DiPocket to launch the…
” Crypto.com’s Cronos partners with Chainalysis to track CRC-20 tokens “ Cronos has partnered with the blockchain intelligence firm Chainalysis to enable real-time transaction monitoring tools for the Cronos (CRO) token and all CRC-20 tokens running on the Cronos network, according to an announcement shared with Cointelegraph on Wednesday. The new compliance integration aims to…
” How to bridge tokens from other chains to the Polygon Network “ Bridging assets could help solve issues like scalability, speed and high fees. Bridging means users can move their tokens between blockchain networks quickly and cost-effectively. The Polygon Bridge is used for cross-chain transactions between the Polygon (MATIC) and Ethereum (ETH) blockchains. It…
” Argentinian town to invest in crypto mining to fight inflation and upgrade infrastructure “ The town of Sorradino in Argentina’s Santa Fe Province could begin to mine crypto in a bid to raise the money needed for its rail infrastructure upgrade. Its mayor doesn’t see any risk in mining the digital currencies that can…
” Bitcoin price slides below $40K following a ‘lackluster’ breakout “ Extreme fear is once again the dominating sentiment across the cryptocurrency community after Bitcoin (BTC) faced another day of trading below the $40,000 level and the United States grapples with the highest Consumer Price Index (CPI) print since 1981. Crypto Fear & Greed Index….
” Is the surge in OpenSea volume and blue-chip NFT sales an early sign of an NFT bull market? “ In the last two months, OpenSea began to cool down from its New Year’s bull run and many nonfungible token (NFT) pundits began to speculate about the beginning of a bear market once sales took…
” Ethereum derivatives data shows pro traders are bearish, but for how long? “ Ether (ETH) lost the critical $3,000 psychological support level on April 11 after a 16% weekly negative performance. Bulls were definitively caught by surprise as $104 million in leveraged long futures got liquidated on April 11. Ether’s downturn also followed a…
” Celsius announces only transfers from accredited US-based investors will be able to earn rewards “ Crypto lending firm Celsius Network has announced it will be launching a custody solution for users based in the United States in response to discussions with local regulators. In a Monday announcement, Celsius said its ‘Earn’ product allowing users…
” Here’s how OpenSea NFT hacks hurt owners, buyers and even entire collections “ The non-fungible token (NFT) market has been booming since the summer of 2021 and as NFT prices were sky-rocketing, the number of hacks targeting NFTs were also increasing. The most recent high-profile hack siphoned approximately 600 Ether worth of NFTs from…