A US-based insurance firm plans on combining blockchain tech with crypto to provide adequate insurance for subsistence farmers globally, especially African farmers. Highlights Of The DAO Terms Through its Lemonade crypto climate coalition (an autonomous DAO), the Lemonade foundation plans to provide subsistence farmers with low-cost insurance. The insurance partner (parametric insurance) will give insurance…
The top crypto regulator in Venezuela, Sunacrip, has announced a revamp of its wallet (the Petroapp wallet), allowing users to access new features, including the governance token (PTR). Part of the new features are ways users can exchange the PTR for other cryptos, some sets of gift cards, and a variety of payment options. The…
The SHIB community has been experiencing growth tremendously since the beginning of this year. Strangely, the community lost nearly 55K SHIB holders within nine days. Coinmarketcap data revealed that SHIB members are now 1,144,119 as of March 25 compared to 1,198,788 as of March 15, indicating a decline of 54,669 within ten days. SHIB Holders…
On Wednesday, the largest American-based crypto exchange, Cardano, revealed that its platform will start supporting Cardano staking services. A top-level executive with the company remarked that Coinbase’s choice to offer Cardano staking services was simple because the network ranks among the top ten blockchains. This blockchain is based on a pos algorithm that is flexible,…
One of Cardano’s founders, Charles Hoskinson, has claimed that the Cardano team is planning three colossal upgrades for the network to achieve greater scalability before the end of this year. We Are Working On Three Big Things For Cardano – Hoskinson In the latest interview with popular podcast host, Marco Monty Montemagno, Hoskinson revealed the…
Top crypto exchange (FTX) and the largest ETP issuer in Europe (Coinshares) are forming a partnership to launch a Solana ETP. The first product to be launched under this partnership is the physically staked Solana ETP due for listing on Xetra (a German-based finance marketplace). Coinshares will provide tech support through its Galata technology, while…
Goldman Sachs (a US-based investment bank) is continuously expanding its crypto trading strategy by running its initial OTC (over-the-counter) crypto trading. Goldman Sachs started its earliest OTC crypto transfer in association with Galaxy Digital (Michael Novogratz’s crypto investment platform). As per a mutual declaration that was made on Monday, the respective OTC transfer was in…
Less than seven days to implement the updated tax laws, confusion reigns over India’s crypto tax policies. A parliamentary addendum to questions regarding the crypto tax policy states that crypto traders can’t compensate for losses on one digital asset by making a profit from another one. With the updated policy set to become effective by…
Eight days ago, a crypto user wouldn’t have envisaged that a keyboard mishap and a sniper bot would make him lose over $1m within a few minutes. But that’s what happened to Twitter user @Dino_Dealer last Thursday. The Pain Of A Huge Loss Dinodealer had wanted to list a rock as 445 ETH (about $1.2m)…
Apart from being the wealthiest person on earth right now, Elon Musk has considerably influenced the crypto market. However, scammers have crypto tokens that exemplify the female version of the Tesla CEO, named ‘Elona Musk.’. As of this writing, more than 30 of such tokens are now available, with about half of them being honeypots….
Despite no end in sight in the war between Russia and Ukraine, the latter’s deputy minister for digital transformation has revealed that Ukraine is already planning to release some moments from the war in the form of digital collectibles. That’s why the country is already making requests to fund its war with Russia through NFTs….
Since the beginning of this year, the total value locked (TVL) on the Cardano network has been growing in leaps and bounds, the same way the Cardano community has been growing. However, the latest Defi Llama data (which was released today) showed that the Cardano’s TVL Exceeds $200m For The First Time TVL in Cardano….
SHIB price might experience a break out amid token burning as Shiba Inu circulation supply shrinks. Shiba Inu saw an increased burning rate, triggering a bullish thesis among the meme coin’s enthusiasts. Analysts trust the meme coin s ready for a 30% upsurge in the current cycle. Shiba Inu might register breakouts in the…
Earlier in the year, Robinhood (the popular retail trading platform) revealed that the lack of regulatory clarity in the digital asset space has informed its decision not to add new cryptos (including SHIB) to its trading platform. The company made the announcement informally through its CFO (Jason Warnick) during his keynote address at the wall…
Adult content creators can also benefit from the different revenue streams available through Web3.0. Many OnlyFans users have started searching for alternative platforms for adult content after OnlyFans’ recent announcement that it would soon ban adult content from its platform. Now, NSFW.app and blockchain tech is about to offer the expected alternative to OnlyFans. The…
The much-awaited executive order will be signed today by President Joe Biden. The order aims to address the benefits and dangers of digital currencies as well as direct government entities to work together to bolster innovation and prevent illicit crimes. A statement read from the White House (WH) reveals the order will also push the…
Binance has announced the official launch of its fiat-to-crypto platform known as Bifinity. Part of the official announcement states that the platform’s launch aligns with Binance’s goal of becoming a fully integrated and global financial system. Bridging The Centralized And Decentralized Worlds The primary objective of this new platform is to bridge the gap between…
As authorities in the top Swiss city (Lugano) desire that the city become a regional crypto hub, they have made several cryptos (especially BTC and ETH) a legal tender. The Announcement During a March 3 live-streamed event titled “Lugano’s Plan B,” Pietro Poretti confirmed the news that has been making rounds for a while now….
MicroStrategy’s chief, Michael Saylor, has said that war and inflation increase the appeal of BTC. The billionaire tweeted this in the wake of the invasion of Ukraine by Putin’s Russia. BTC Will Appear More Attractive In a tweet on Thursday, Michael Saylor said the economic fallout of the crisis would make Bitcoin even more appealing…
Digital art creators who desire to mint a single or series of NFTs are usually excited about doing so on multiple blockchains. One chain attracting the attention of many digital art creators is Tezos. Tezos is widely praised for its low carbon approach and transaction charges. Thus, it isn’t surprising when Snoop dog, through his…