Ethereum’s scalability solution Polygon will implement this network update in its fee model via EIP-1559. According to an official post, this upgrade will introduce a burning mechanism for MATIC and will improve its fee visibility. Related Reading | Polygon Expands Its Footprint As Evolving NFT And Gaming Ecosystems Seek Ethereum Alternatives Ethereum introduced EIP-1559 with…
For years now, some investors have preferred to hold their wealth in cryptocurrencies like bitcoin and ethereum as opposed to cash. As cryptocurrencies become more popular, this school of thought has become more widely shared to the point where even billionaires and celebrities have publicly come out to say that they would rather hold their…
Mars4 is a multi-tiered project that combines NFTs, Crypto and an immersive survival game together that will provide a window to a virtual Mars and a broader range of investment opportunities via the world’s first revenue-generating NFT. The sale of Mars4 NFTs raised over $250K in a day and saw land plots sell swiftly via…
Ethereum extended decline below the $3,300 support zone against the US Dollar. ETH price could recover from $3,120, but it might face hurdles near $3,250. Ethereum extended decline below the $3,300 and $3,250 support levels. The price is trading below $3,250 and the 100 hourly simple moving average. There is a key bearish trend line…
The Singapore-based company, Crypto.com, has hired the former TechChurch and The Ken reporter, Jon Russell as their Asian-based general partner. And with this new development, they hope to expand Fund further. Crypto.com’s $200 million Web 3 fund came into existence in March 2012. As of Monday, intending to expand via the venture arm of investing…
Crypto.com, the popular cryptocurrency exchange platform, halted all deposits and withdrawals on Monday, January 11, citing “unauthorized activity” on some accounts. It has, however, reinstated some accounts and withdrawal services, noting that the accounts are now safe. News From Yesterday According to security and data analytics firm PeckShield, Crypto.com has been the latest target of…
Before now, some countries have mapped out some crypto taxes for transactions on cryptocurrency assets within their jurisdiction. Thailand is one of the countries that proposes some taxation plans. As the new year begins, the revenue department of Thailand is setting up its measures for implementing its tax plans on crypto traders this January. The…
Digital assets have experienced a boom in the past years with new trends, such as DeFi, NFTs, and digital property, supporting a new wave of adoption led by institutional demand. These players have embraced the technology upon which they are planning to build the internet of the future, the Metaverse. In the coming years, as…
Bitcoin failed to stay above the $43,000 support against the US Dollar. BTC is trading in a bearish zone and could continue to move down below $41,200. Bitcoin is struggling to climb above the $42,500 and $42,800 resistance levels. The price is trading below $43,000 and the 100 hourly simple moving average. There is a…
Another day, another hydroelectric plant saved by Bitcoin mining. For the untrained eye, the narrative that says that Bitcoin incentivizes green energy might seem convenient. However, each day more concrete examples come to light. Like the Navajo Nation case. Or this hydroelectric plant in Costa Rica. In contrast, China banned Bitcoin mining and some hydroelectric…
