Most NFTs Will Have No Value in 3-5 Years: Coinbase Co-Founder Fred Ehrsam

Coinbase Co-Founder Fred Ehrsam Says 90 Percent NFTs Will Have No Value in 3-5 Years

Fred Ehrsam, Co-Founder of cryptocurrency exchange platform Coinbase stirred a hornet’s nest after he recently said that 90 percent of the NFTs (non-fungible tokens) will be of no worth in the next three to five years. Ehrsam’s criticism of NFTs comes at a time when the digital asset class has generated excitement and its popularity has swept … Read more

OnePlus Could Launch a Cryptocurrency Wallet, Suggest Survey

Crafting Broader Cryptocurrency Regulations, No Intend to Ban, Says Turkey Central Bank Head

OnePlus could be the next big name in the growing market of cryptocurrencies led by Bitcoin as the Chinese company is found to be conducting a survey on blockchain research. The survey is aimed at getting user feedback on cryptocurrencies. The company is asking users whether they have used trading platforms such as Coinbase, Gemini, … Read more

Bitcoin Slides Below $40,000, Ether Tumbles

Bitcoin Slides Below $40,000, Ether Tumbles Amid China Restrictions and Elon Musk’s Tweets

Bitcoin’s volatile week-long slide saw it tumble to below the $40,000 (roughly Rs. 29 lakhs) mark on Wednesday as news of further restrictions on cryptocurrency transactions in China added to earlier concerns sparked by Tesla boss Elon Musk’s tweets. Bitcoin (price in India), the world’s biggest and best-known cryptocurrency, fell about 9 percent to as low … Read more

Cryptocurrency Mining Will Void SSD Warranty, Warns Manufacturer

Mining Cryptocurrency Such as Chia Will Void Your SSD Warranty, Manufacturer Galax Warns

SSD maker Galax is warning users that mining cryptocurrencies that require excessive volume and speed on storage devices will void warranty of its SSDs. The company posted a notice on its Chinese website to warn users about losing their SSDs’ warranty amid a large number of people looking to mine Chia, a new cryptocurrency created … Read more

Ethereurm Co-Founder Donates Over $600,000 in Tokens for COVID-19 Relief

Ethereum Co-Founder Donates Rs. 4.5 Crores For COVID-19 Relief in India

Ehtereum co-founder Vitalik Buterin posted a proof of transfer of 100 ETH and 100 MKR, worth approximately $606,110 (roughly Rs. 4.5 crores), for use in COVID-19 relief in India. Ethereum, the open-source blockchain software founded in 2014, is used to build contracts on the blockchain, and has recently been in the news a lot because … Read more

Bitcoin Sinks Below $50,000 as Cryptocurrencies Stumble Over Biden Tax Plans

Bitcoin Crosses $60,000 for First Time

Bitcoin and other cryptocurrencies suffered hefty losses on Friday on concern that US President Joe Biden’s plan to raise capital gains taxes will curb investment in digital assets. The selloff came after reports that the Biden administration is planning a raft of proposed changes to the US tax code, including a plan to nearly double … Read more

Has Dogecoin Finally Fizzled After Record Rally?

EasyDNS Starts to Accept Dogecoin as Payment

Dogecoin value is faltering after a record making rally where it hit new highs. Dogecoin’s value was driven up with enthusiastic backing from people like Elon Musk, who helped drive the value of the light-hearted dog-themed cryptocurrency that was created as a meme, to an all-time high. The value of the cryptocurrency soared to $0.45 … Read more

Dogecoin Price Slumps After Hashtag-Fuelled Surge to Record High

EasyDNS Starts to Accept Dogecoin as Payment

Meme-based cryptocurrency Dogecoin fell on Tuesday after hitting an all-time high in a wild session that saw supporters of the token once considered a parody use hashtags to fuel a rally until it lost steam. Dogecoin ultimately fell 15.4 percent to $0.33 (roughly Rs. 25), but during the session when it hit a record peak, … Read more

UK Mulls Digital Currency Backed by Bank of England, Jokingly Named ‘Britcoin’

‘Britcoin’: UK Sets Up Task Force for Digital Currency Backed by Bank of England

UK has announced the creation a Central Bank Digital Currency (CBDC) Taskforce to coordinate the exploration of a potential UK CBDC. This was announced jointly by Bank of England and HM Treasury. The new CBDC would be a new form of digital money issued by the Bank of England for use by households and businesses. … Read more

EasyDNS Starts to Accept Dogecoin as Payment

EasyDNS Starts to Accept Dogecoin as Payment

Dogecoin seems to be riding the wave. On Saturday, it saw one more taker in the form of easyDNS, which became the first Internet Corporation for Assigned Names and Numbers (ICANN) registrar to accept the cryptocurrency as a mode of payment. Releasing a statement, the Canadian firm said, “Continuing in our tradition of being a … Read more