According to a survey carried out by Coinbase, 66 million Americans, which is equivalent to 20% of the population, have digital assets.76% of those who own cryptocurrencies today consider that blockchain technology is the future and that economic digitization will play a very important role in the coming years.The announcement of the numbers was accompanied by the launch of a nationwide educational campaign on the use of cryptocurrencies to make the financial system fair.When Bitcoin hit its all-time high of $69,000 back in November 2021, no one expected BTC, as late as February 2023, to be in the $23,000 range.…
Author: Ferret Weasels
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Coinbase announced via Twitter its decision to suspend trading of Binance USD (BUSD) effective March 13, 2023.The decision will apply to Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime.The United States Securities and Exchange Commission (SEC) ordered the issuers of BUSD, Paxos, to stop issuing said stablecoin as they consider it to be a security.This Monday, February 27 coinbase, the largest crypto exchange in the United States, announced via Twitter its decision to suspend trading of Binance USD (BUSD) effective March 13, 2023. It is so BUSD will be delisted from Coinbase.com, Coinbase Pro, Coinbase Exchange, and Coinbase Prime.According to…
The Trezor hardware wallet announced that it will take over its own silicon chip manufacturing process.By taking over the manufacturing of the chip casing, Trezor has streamlined the production of its Model T device, allowing it to shorten its lead times from two years to several months.With this step, the security of the device has improved in addition to reducing delivery periods.Sometimes, carrying out your own processes and mechanisms is more efficient than leaving the task to others, something that Apple has done on several occasions, such as putting Intel’s chips aside, betting on its own, as well as its…
According to a report by blockchain company Elliptic, Ukraine received $212.1 million worth of cryptocurrencies, much of it in stablecoins.Russia for its part raised just under $6 million.On February 24, 2022, Russia invaded Ukraine in a move few saw possible in this era. The government led by Vladimir Putin decided to attack its neighbor and today, just over a year after the start, it is not known for sure how long it will last. The world showed its support to the Ukrainians. The crypto space too.A report made by the company specialized in blockchain, Elliptic, made it clear what was…
The Playboy Meta Mansion, an immersive experience on Web3 from the adult entertainment company, plans to be available for launch in 2023.Owners of Playboy’s NFT Rabbitars collection will be the ones to get the preferred MetaMansion experience.In July 2022, Aminoca Brands issued a press release in which announced the partnership between playboy and the sandbox, the renowned Metaverse project, with the goal of developing an “immersive, social Playboy-themed gaming experience.”At the time, it was said that the MetaMasion experience would include games, scheduled events, and even launches of digital collectibles on Web3.“We can’t wait to invite our global Playboy fan…
After the announcement that Coinbase has used Optimism for the creation of its Base blockchain, the OP token has grown by 20%.OP’s trading volume also grew from $458 million on February 22 to over $754 million in the following 24 hours.After the bankruptcy of FTX, the cryptocurrency ecosystem was filled with fear towards centralized exchanges, however, these “digital banks” continue to be the dominators in the number of transactions and money, and they returned to the news after the announcement of Coinbase, the most famous American exchange.San Francisco-based cryptocurrency trading platform founded by Brian Armstrong announced that it is building…
Coinbase launched Base, a Layer 2 Ethereum blockchain built with Optimism’s OP Stack.Base aims to eventually be a network for creating decentralized applications (DApps) on the blockchain.After the launch of the Base testnet, Ethereum users began to analyze what this means for the network and consider Coinbase’s decision to be, without a doubt, a “big vote of confidence for Ethereum.”The most important crypto exchange in the United States, Coinbase launched Base, a Layer 2 Ethereum blockchain built with Optimism’s OP Stack and the community believes it is a vote of confidence in the Ethereum blockchain.1/ 🔵 We’re excited to announce…
The Interpol office in Moscow arrested British citizen Christopher Emms who is accused of helping North Koreans to evade sanctions imposed by the US through cryptocurrencies.According to the Interpol announcement, Emms collaborated with a US citizen to illegally provide blockchain and cryptocurrency technology services to North Korea.The United States continues in its efforts to maintain the existing blockade against North Korea, this due to the fact that It was recently revealed that the office ofe Interpol in Moscow, carried out the arrest of a British citizen, who is accused by the United States Department of Justice (DoJ) of helping North…
In accordance with the new regulations published by the Canadian Securities Administrators (CSA) regarding the operation of crypto companies in the country, algorithmic stablecoins have been prohibited.CTPs will be prohibited from allowing Canadian customers to purchase or deposit stablecoins or other “Value Referenced Crypto Assets” (VRAs) without the prior written consent of the CSA.The Canadian Securities Administrators (CSA) recently They published a list of regulations that cryptocurrency companies that wish to operate legally in the country must comply with and, among them, is the prohibition of algorithmic stablecoins.For those who may not be aware, an algorithmic stablecoin is a type…