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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 Nexo Card, a crypto card allowing cardholders to use their
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A lawsuit against Binance accusing the cryptocurrency exchange of selling unregistered crypto securities has been dismissed. The plaintiffs listed nine cryptocurrencies in the lawsuit.What do you think about the court dismissing the lawsuit against Binance over unregistered securities sales? Let us know in the comments section below.Disclaimer: This article is
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Bitcoin (BTC) and other cryptos are rising after the Luna Foundation Guard purchased $1 billion worth of BTC over the past few days. Some crypto traders are turning bullish, evidenced by the rise in buy volumes across exchanges. Source
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The Bitcoin network’s on-chain activity still appears to be in a bear market as U.S. and E.U. buyers are struggling to stay ahead of sellers based in Asia.Blockchain analytics firm Glassnode’s latest report on the weekly activity of the Bitcoin (BTC) network shows that the price of the largest crypto
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A class-action lawsuit has been filed against the Nasdaq-listed cryptocurrency exchange Coinbase alleging that the platform lets customers trade 79 cryptocurrencies that are unregistered securities, including XRP, dogecoin (DOGE), and shiba inu (SHIB). Lawsuit Claims Coinbase Sold 79 Unregistered Crypto Securities to Customers A class-action lawsuit was filed last week against Coinbase
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Dogecoin has been on a recovery trend lately. This is attributed to recent comments from Elon Musk, the ‘Dogefather’, that has seen prices spike. Musk who has been a vocal supporter of the meme coin is one of the major reasons behind the popularity and success the cryptocurrency enjoyed last
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This time, however, rising inflation is thrown into the mix. Commodities, a traditional inflation hedge, tend to rally during the start of an inflationary cycle. Therefore, the correlation between bitcoin and commodities collapsed in recent months to more normal levels (zero correlation). Source
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Three news organizations in Ukraine have partnered with an NFT platform to sell access to exclusive content in order to continue reporting throughout their country’s ongoing war. Multiple reports indicate that the news organizations — Ukrainska Pravda, Hromadske, and Novoye Vremya — are collaborating with NFT platform Vault to secure $1
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IMA, which is one of the largest private and employee-owned brokers in the U.S. with predicted revenues this year of around $500 million, has connections with Lloyd’s syndicates for some of its business lines, said Jacobs. But for now, there are no insurance products directed at things like NFTs, he
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For its part, Nvidia said in an emailed statement to CryptoX that it became aware of a cybersecurity incident on Feb. 23 that affected its IT resources. In response, it hardened its network, engaged cybersecurity incident response experts and notified law enforcement. Source
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