Luxury fashion powerhouse Gucci will start accepting crypto as a payment method at the end of this month, Vogue Business reported earlier this week. Gucci to Test Crypto Payment The firm will accept o...
Tag: Cryptos
Gucci Stores Now Accepting Bitcoin, Dogecoin And Other Cryptos ⋆ ZyCrypto
Advertisement     Luxury companies and brands appear to have no plans of turning back after venturing into blockchain technology. For example, Gucci has announced that...
Traders Still in Search of BTC Floor Price
Last month did not go as planned for the bulls as Bitcoin failed to impress. There were several bullish predictions as to how the apex coin would perform but all failed as price progression was marred...
Google Forms Web3-Focused Team to Provide Services For Developers
Google has disclosed that its Cloud unit is putting together a team that will build services for blockchain developers creating Web3 applications, according to a recent report by CNBC. Per the interna...
3 Cryptos To Watch This Month; Cardano (ADA), STEPN (GMT) and Logarithmic Finance (LOG)
The cryptocurrency space experienced a rollercoaster of events this past month ending the month with a market cap decline of about 17.34%. Despite this massive slump, some projects managed to keep the...
Luna Foundation Purchases Additional $1.5B in Bitcoin to Bolster TerraUSD (UST) Reserve
The Luna Foundation Guard (LFG), a non-profit and the team behind Terra (LUNA) announced today that it has purchased an additional 37,863 bitcoins worth $1.5 billion to bolster its UST stablecoin rese...
Top 12 Solana NFT Marketplaces (To Flip NFTs Now)
There are several Solana NFT marketplaces with different features. This diversity might make it difficult to choose and force first-time non-fungible token (NFT) investors to go on the hunt for the be...
How to Participate on Hoskinsea Seed Round Whitelist as Token Sale Begins
It’s been barely two months since the inception of Hoskinsea NFT Marketplace of which we have made a convincing progress towards the development of our products and marketplace. At the moment we are w...
Binance Funds Elon Musk’s Twitter Acquisition With $500 Million
Leading global cryptocurrency exchange Binance has joined the list of companies that have invested in the recent $44 billion acquisition of Twitter made by the Tesla CEO, Elon Musk. Binance Provides $...
Grayscale’s SEC Filings Leave These Cryptos Green
Digital asset manager Grayscale Investments said it has filed registration statements for three crypto trusts with the U.S. SEC. The list of trusts includes products tracking Horizen (ZEN), Stellar Lu...
Former BitMEX CEO Arthur Hayes Asks For No Jail Time After Pleading Guilty
Arthur Hayes, the former CEO and co-founder of cryptocurrency derivatives exchange BitMEX, who pleaded guilty to violating the United States Bank Secrecy Act, is asking the court for no jail time and ...
The Flippening – Ethereum Overtakes Bitcoin in 26% of Countries Worldwide
London, UK, May 4th 2022 – CoinText.com has compiled a study of the popularity of cryptocurrencies across nations, which concludes that Ethereum investors outnumber Bitcoin investors in 26% of countri...
Binance Acquires French Regulatory License in EU Push
Leading global cryptocurrency exchange Binance has received approval from the French Financial Service Coordinator, Autorité des marchés financiers (AMF), according to a Wednesday release from the fi...
Rick Ross Taunts Crypto Investors; Shows Off New House
Popular American hip-hop artist, Rick Ross, recently taunted crypto investors in a recent viral video, stating that he does not believe that they are actually rich. According to the Maybach Music Grou...
Solana-based Move-to-Earn Platform STEPN Hits 2.3 Million Active Users
STEPN, a popular move-to-earn platform built on Solana, has hit the 2.3 million active user mark, the project announced Tuesday. STEPN Sees Significant Adoption The move-to-earn platform has been in...
Elon Musk Changes Twitter Profile Pic to “Kinda Fungible” BAYC Collage
Elon Musk, CEO of Tesla, recently changed his Twitter profile picture to one with a collage of Bored Ape Yacht Club (BAYC) non-fungible tokens (NFTs). (Elon Musk BAYC Collection PFP) The move added f...
Are They Good Investments By Contrast with Cryptos?
Considering the present-day conditions, do NFTs possess inherent market efficiency as long-term investments by comparison with virtual currencies similar to cryptocurrencies? Let’s figure it out. Conv...
Liechtenstein’s LGT Bank ($290B in Assets) Launches Crypto Investment
LGT Bank, the largest global private banking and asset management group owned by the Princely House of Liechtenstein, announced its partnership with Switzerland’s SEBA Bank to offer cryptocurrency in...
Acardex Begins ACX Token Pre Sale to Early Buyers as Staking Platform Goes Live on Cardano
Acardex announces the successful Beta release of acardex staking platform on Cardano testnet. A big thanks to our community for their continued support and patience as we worked to push this across th...
Earn big with these 3 cryptos: Elrond (ELGD), Logarithmic Finance (LOG), and Filecoin (FIL)
Do you want to earn big in cryptocurrencies but don’t know which coins to shortlist? For your benefit, we have selected three cryptocurrency tokens that have the potential to provide big profits...
US SEC Doubles Crypto Division Workforce to Enhance Investors Protection
The United States Securities and Exchange Commission (SEC) has nearly doubled the number of positions available in its Crypto Assets and Cyber Unit, a special division under the Division of Enforcemen...
Crypto ‘Detective’ (Zachxbt) Recovers $50K Stolen From Solana Investor
A Twitter user with the handle, @zachxbt recently helped a cryptocurrency investor recover $50,000 out of $240,000 worth of stolen funds. Zachxbt a self-named crypto ‘detective’ has become popular for...
India Plans to Impose 20% Tax on DeFi Transactions
India’s Central Board of Direct Taxes (CBDT) is planning on levying a 20% tax on interest earned from investing in decentralized finance (DeFi). Local news agency, the Economic Times, reported the dev...
Self-Named Satoshi Craig Wright Sues Coinbase and Kraken Over IP Claims
Self-proclaimed Bitcoin creator Craig Wright has filed a petition against two major cryptocurrency exchanges, Coinbase and Kraken. The petition over intellectual property claims was filed on 29 April ...
One Billion People Will Use Crypto Within the Next 10 Years
Brian Armstrong, the CEO of popular cryptocurrency exchange Coinbase, said at the ongoing Milken Institute Global Conference on Monday that one billion people would have used or attempted to use crypt...
T.E.A.M DAO Raises $5M Series a Round Led by Krust Universe and Animoca Brands
T.E.A.M DAO (TEAM), the metaverse’s first Guild 3.0, announced today that it has raised $5 million in a Series A round of funding co-led by Krust Universe and Animoca Brands, with participation from G...
CryptoCom Takes U-Turn on Card Staking Rewards Following Complaints From Aggrieved Users
Popular cryptocurrency exchange CryptoCom has taken a u-turn to readjust the CRO rewards on its visa card after receiving a severe backlash from aggrieved customers. The exchange had previously announ...
ETH Layer-2 Fees Must Get to $0.05 to be Acceptable
Vitalik Buterin, the founder of Ethereum, has recently opined that the gas fee charged on Layer-2 solutions has to be reasonably low to be acceptable. Buterin made his statement in reply to a tweet by...
“Hard Not to Bullish on Crypto”
Legendary American billionaire hedge fund manager Paul Tudor Jones is backing the cryptocurrency industry to succeed in the long-term despite growing macroeconomic tensions. In a Tuesday CNBC appearan...
Algorand Will Become the Official Blockchain Sponsor of FIFA World Cup 2022
Blockchain technology company Algorand has inked a sponsorship and technical deal with Fédération Internationale de Football Association (FIFA), the international governing body of association footbal...
Camper and Nicholsons to accept Shiba Inu and other cryptos via BitPay
Shiba Inu and other digital forms of money are presently acknowledged by a famous yacht company It will take installments by extravagance yacht sanction and financier organization Camper and Nichols...
How Do Cryptocurrency Exchanges Work?
Buyers and sellers can trade crypto assets on a cryptocurrency exchange. If you want to trade crypto, you’ll have to do so through a crypto trading platform because, for the time being, just a few tra...