As a virtual currency mixer, Tornado Cash uses the Ethereum blockchain to arbitrarily enable anonymous transactions by concealing the persons involved, as well as the transaction’s origin, destination, and counterparties. What Is Tornado Cash? Before sending various transactions to their specific receivers, Tornado receives a variety of transactions and combines them. Illegal actors frequently use […]
Cryptocurrency
As an NFT artist or a Metaverse entrepreneur looking to hire an artist for your project, it is important to know the costs associated with Non-Fungible Tokens (NFTs). In either case, you want to know exactly how much money do NFT artists make as to price yourself accordingly or offer a fair price for a […]
Live blockchains are growing daily at an ever-growing pace. As of our present day, there are more than 10 000 active Blockchain-based cryptocurrencies. With such a presence, having the right knowledge base has never been more valuable as this decentralized technology becomes more and more embedded into global establishments. So, what are the pros and cons […]
After the popularity of move-to-earn (M2E) and play-to-earn (P2E) gaming spread in 2021, thanks to STEPN (GMT) and Axie Infinity (AXS), another iteration of the “to earn” concept debuts in the form of CurateDAO’s Curate-to-Earn platform. The CurateDAO team announced to Cointelegraph that they have launched a database platform resembling Pinterest on the Avalanche (AVAX) […]
Iran made its official first import order using cryptocurrency this week, the semi-official Tasnim agency reported on Tuesday, a move that could enable the Islamic Republic to circumvent U.S. sanctions that have crippled the economy. The import order using cryptocurrency, worth $10 million, was a first step towards allowing the country to trade through digital […]
Coinbase Global Inc reported a larger-than-expected quarterly loss as investors worried by this year’s rout in risky assets shied away from trading in cryptocurrencies causing a crypto market turmoil, sending its shares down 6 percent after the bell on Tuesday. Trading volumes at the cryptocurrency exchange more than halved to $217 billion in the second […]
India’s financial crime-fighting agency said on Friday it had frozen the assets of WazirX, linked to the world’s largest digital currency exchange Binance, as part of its investigation into suspected violation of foreign exchange regulations. The federal Enforcement Directorate (ED) said that it froze assets worth 646.70 million rupees ($8.16 million). “We have been fully […]
The European Union’s securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it called a “Wild West” sector, a public tender document showed. While cryptoasset firms will be licensed by national regulators in the 27-country bloc, the European Securities and Markets Authority (ESMA) will […]
The medically recreational drug industry and Non-Fungible Tokens (NFTs) are seemingly a match made in heaven. Whether you view that as a good thing or not is up to you, but it is a massive component of the NFT drugs coexistence. Despite the controversy, the bond between the two is used to further well-intentioned causes, […]
Cryptocurrency exchange FTX said on Friday it was fully approved to operate its exchange and clearing house in Dubai, as the Gulf emirate pushes forward with plans to develop its digital asset sector. The Bahamas-based company said it will start by offering regulated crypto derivatives products and trading services to institutional investors in Dubai as […]