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2022-05-18 20:10:06 Coinbase unveils Web3 mobile DApp and DeFi wallet and browser

Coinbase is rapidly expanding its product offerings this month as some select users can now access DeFi and other DApps on Ethereum through the Coinbase app.America’s largest crypto exchange Coinbase has rolled out Web3 application functionality including a hot wallet and browser for a limited set of its mobile app users.

The May 17 announcement by Coinbase’s director of product management Rishi Dean said eligible users would be able to begin trading on nonfungible token (NFT) marketplaces, making swaps on decentralized exchanges (DEXs) and interacting with decentralized finance (DeFi) lending protocols to borrow and lend funds.The wallet and DApp functionality are operated with multi-party computation (MPC) technology, which secures the privacy of senders and receivers while ensuring the accuracy of a transaction.

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2022-05-17 19:38:22 @Bitcoin_Crypto_Memes Open / Comment

2022-05-17 13:30:49 Polygon and others extend helping hand to Terra blockchain projects

Numerous developers have been left in uncertainty in the aftermath of the Terra (LUNA) collapse. These Terra-based projects, which are already under a lot of pressure, may be able to save their communities and projects by migrating to other networks.

In a move that is expected to benefit both the Polygon (MATIC) community and Terra projects, Polygon Studios' CEO Ryan Wyatt tweeted on Monday that Polygon is working with a number of Terra projects to assist them migrating to the Polygon Network. The Polygon community, according to Wyatt, "is ready to welcome the developers and communities of these Terra projects." He also stated that Polygon would provide the capital.

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2022-05-16 14:44:02 Bitcoin Whale Breaks 8 Year Long Silence With $30 Million Worth Of BTC Transfer

After an eight-year dormancy, a Bitcoin (BTC) Whale unexpectedly moved $30 million worth of BTC. On November 20th, 2013, the exact address received 1,000 BTC worth $567,600 at the time, Blockchair reported. The Bitcoin remained dormant in one wallet until it was moved as part of a much larger block that sent nearly 2,100 BTC to two other addresses. One address received 2,000 bitcoins, while the second collected above 99.99 bitcoins.

1,000 BTC were worth $30,090,000. That’s more than 53 times the original price from 2013, when Bitcoin was only $567. The transaction only cost 0.0016 BTC in fees, which is about $47.15 at the time it was executed.During the last eight years, the inactive whale wallet received trace amounts of Bitcoin 23 times, and it appears that those amounts were for dusting attacks.

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2022-05-15 18:15:06 Crypto Services Targeted by Massive Phishing Scam

Crypto scammers attacked Web3 infrastructure platforms through an unusual design. By compromising a single advertising instrument, attackers managed to steal tokens from thousands of wallets.Today, on May 14, 2022, dozens of cryptocurrency websites, including major Ethereum explorer Etherscan, QuickSwap DeFi, CoinGecko analytics dashboard.

Today, on May 14, 2022, dozens of cryptocurrency websites, including major Ethereum explorer Etherscan, QuickSwap DeFi, CoinGecko analytics dashboard, DexTool hub and so on, faced a massive phishing attack.While visiting the websites, users were asked to authorize a transaction through their noncustodial wallets. The scammers offered to take part in a fake NFT giveaway.

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2022-05-14 15:26:02 Germany Affirms Crypto Sold After One Year Is Tax-free

Crypto investors in Germany won’t pay tax on sales of digital assets such as bitcoin and ether — as long as they’re held for more than one year.Germany’s Federal Ministry of Finance shared the ruling in a 24-page document, which formally defined blockchain concepts such as mining, staking, airdrops and masternodes within the context of the country’s tax system.

The decree marks the first time Germany has issued nationwide tax guidance on cryptocurrency. It was crafted in close consultation with the country’s 16 federal states, as well as top financial institutions.Government ministers had held a hearing last summer to gauge sentiment among local crypto associations such as Bitkom and other market participants — including individual investors. One of the most pressing questions related to whether lending or staking cryptocurrency extends the tax-free period on digital asset sales to 10 years.

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2022-05-13 19:09:57 SeatlabNFT is set to revolutionise the live event ticketing industry with its innovative NFT ticketing marketplace. Their IDO starts on 24th May 2022, and pre-registration is now open on their website https://bit.ly/3N9rXRZ

They are working to achieve four fundamental goals.

Create a Closer Relationship Between Artists and Fans
Artists can mint collectable NFT assets alongside NFT tickets and airdrop them to ticket holders either before, during or after an event.

Reduce the Impact of Touting and Scalping
Royalty splits can be set so a percentage of the revenue generated from secondary sales goes to the specified royalty beneficiaries. Price ceilings can cap resale prices, and tickets can be made non-transferable and non-resellable entirely so that nobody can resell them.

Eliminate Fraud
Anyone who holds an NFT ticket in their mobile wallet would undeniably be its rightful owner, thanks to the nature of NFT and blockchain technology.

Don’t forget to pre-register for their IDO! https://bit.ly/3N9rXRZ Open / Comment

2022-05-13 12:42:02 Shanghai High Court Declares Bitcoin Virtual Asset With Economic Value Protected by Chinese Law

The Shanghai High People’s Court has declared bitcoin to be a virtual asset protected by Chinese law. The court notes that the cryptocurrency has economic value.The Shanghai High People’s Court has declared that bitcoin qualifies as a virtual asset protected by Chinese law despite the ban on cryptocurrency trading in China, Sina reported Friday.

The court further explained that bitcoin “has a certain economic value and conforms to the property’s attributes, the legal rules of property rights are applied for protection.”The statement marks the first time that a higher court in China has issued a ruling concerning a bitcoin case.The court’s statement refers to a case involving Mr. Cheng Mou who filed a lawsuit with the Shanghai Baoshan District People’s Court on Oct. 10, 2020, demanding that Mr. Shi Moumou return his one bitcoin.

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2022-05-12 14:42:41 Bitcoin Breaking pinned a photo Open / Comment

2022-05-12 14:39:03 Bybit's Deposit Blast-Off is Back — Get Up to $3,000 in Bonuses

Make your first deposit to Bybit and get up to $3,000 in bonuses!

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