Category: Tech News

Blockchain Software Firm Consensys Acquires Mycrypto Ethereum Wallet

2022-02-01 By admin

On February 1, the blockchain infrastructure firm Consensys has revealed it has acquired the Ethereum-based wallet Mycrypto and plans to merge the wallet into Metamask. The price Consensys paid for Mycrypto was not disclosed but the announcement notes that the acquisition will “further improve the security of all the products.” Consensys Obtains Mycrypto Ethereum Wallet, […]

Technical Analysis: Solana Surges 15%, as Loopring Price Declines

2022-02-01 By admin

Solana was trading close to 15% higher on Tuesday, as crypto markets were mostly in the green to start February. This comes as markets look set to move past January’s red wave. Biggest gainers Cryptocurrency markets were mostly bullish during Tuesday’s session, with several projects seeing their value rise to start the new month. One […]

Crypto Asset Manager Wisdomtree Reveals ‘Direct-to-Retail’ Digital Wallet

2022-02-01 By admin

The crypto asset and exchange-traded fund (ETF) manager Wisdomtree has revealed the company is launching a new digital wallet called Wisdomtree Prime, which will allow users to hold crypto assets, blockchain-enabled funds, tokenized versions of commodities like gold, and access to stocks or bonds based on Wisdomtree’s indexes. Wisdomtree to Launch Prime Wallet in Q2, […]

New Balance ‘Virtual Goods’ Trademarks Hint of Upcoming Metaverse and NFT Venture

2022-02-01 By admin

Following Adidas and Nike getting into the metaverse, the sneaker manufacturer New Balance seems to be prepping to launch virtual items tied to its products. The firm filed three trademark applications with the United States Patent and Trademark Office (USPTO) that describe “downloadable virtual goods” featuring “footwear, clothing, sports bags, sports equipment, and accessories for […]

India Proposes 30% Tax on Crypto Income — Finance Minister Cites ‘Phenomenal Increase’ in Crypto Transactions

2022-02-01 By admin

The Indian government has proposed taxing income from cryptocurrencies and other digital assets at 30%. India’s finance minister, Nirmala Sitharaman, said: “There’s been a phenomenal increase in transaction in virtual digital assets … The magnitude and frequency of these transactions have made it imperative to provide for a specific tax regime.” 30% on Crypto Income […]

Panther Protocol’s $ZKP Token Launches, Sets to Revolutionize Private Finance

2022-02-01 By admin

In the growing DeFi panorama, both institutional traders and retail investors are starting to notice the inherent privacy issues with the most popular Layer-1 blockchains. The extreme transparency of L1s such as Ethereum, Solana, and Avalanche, to name a few, leaves investors vulnerable to attacks such as front-running and MEV. Meanwhile, the lack of interchain […]

Central Bank of Jordan Exploring the Possibility of Launching a CBDC

2022-02-01 By admin

The governor of the Central Bank of Jordan recently said his institution is studying the possibility of launching a legal digital currency, one that will be linked with its national currency. He also suggested that cryptocurrency trading might eventually be allowed in Jordan once the necessary legislation has been put in place. Protecting Investors Jordan […]