By Lucy Aziz, Product Manager, Coinbase Crypto taxes can be complicated. Last tax season, many customers told us they didn’t know if they owed taxes on their crypto activity, and those who did know found it manual and difficult to file. This tax season, we’re introducing a tax center so customers can understand and file […]
To put it in simple words, a crypto exchange is a platform where investors deal in crypto coins. Anybody who is interested in joining the blockchain market and trade in crypto has enrolled themselves in the cryptocurrency exchange. The reason behind trading in a specific crypto exchange is the unavailability of recognized trading companies that […]
Want to play Axie Infinity or get paid for your content on Mirror? First thing you’ll need is a wallet, which serves as the main point of entry for most Web3 applications. Fiat onramps like Moonpay, Wyre, or exchanges like Coinbase help users trade their fiat money for crypto in order to get started. With […]
Source: Adobe/megaflopp Lending stablecoins is one of the ways to earn yield in the crypto markets, but it has one important advantage as it takes market volatility out of the equation. Read on to learn how to earn interest on stablecoins. The rise of the crypto interest markets The emergence of cryptoassets has led […]
Preliminaries To understand CoinJoin, it would help to understand UTXOs (unspent transaction outputs) and Bitcoin transactions. You can skip this section if you know enough about these, but it may be valuable to read it anyway. Bitcoin Transactions In simple terms, a Bitcoin transaction is made up of inputs and outputs (containing bitcoin amounts) and […]
In 2021, crypto has gone more mainstream than ever before, and there’s now a growing library of books exploring Bitcoin and blockchain tech for the legions of crypto-curious. Just in time for the holiday shopping season, Decrypt‘s staff has rounded up our favorites for your edification. (For those in the U.S.: Click the book title […]
By 2021, no one will complain that there aren’t enough cryptocurrency gaming sites to go around. When it comes to bonuses and gambling chances, online betting halls are even surpassing traditional brick-and-mortar casinos. There are also increasing payment choices every day, allowing customers to pay with various assets (including digital coins). This article is for […]
You have heard of Bitcoin mining. You were told that it is expensive, complex, likely to kill you and best left to the experts. I assumed the same, that the process required hours of electrical analysis, complicated cash flow models with variable exchange rates and, of course, massive access to capital, space and technical prowess. […]
This post also contains affiliate links, and I will be compensated if you make a purchase after clicking on my links. With the interest and investment in cryptocurrencies having surged over the past few years, the requirement for safe and secure exchanges to facilitate the purchase of crypto has become increasingly important. One of the […]
The team of seven progressive economic countries has recently been debating over the CBDCs (Central-Bank-Digital-Currencies) this week and concluded that no harm should be done by them, and severe standards would be executed in this respect. A meeting was arranged among the Finance frontrunners on 13th October to have a discussion on the CBDCs in […]
NFTs, or non-fungible tokens, are quickly becoming one of the hottest digital commodities. While not exactly new, the typically Ethereum-based tokens are quickly breaking into the crypto mainstream. One of the more compelling platforms out there for buying and selling NFTs is OpenSea. The site acts not only as a marketplace and auction site, it […]
The search for mainstream adoption remains a central theme in the cryptocurrency space, and crypto debit cards have been seen as a great way to bridge the gap between traditional finance and digital currencies. Bitcoin debit cards allow both cryptos and fiat currencies to integrate in a usable way and cards holders can transfer funds […]
Bitcoin is the original cryptocurrency released in 2009 as open-source software. It is a digital currency predicated on cryptographically secure transactions, a proof-of-work consensus model, and a decentralized, P2P distributed ledger network. Bitcoin’s distributed ledger is the first blockchain — a shared and distributed timestamped ledger of data blocks connected through a chain of cryptographic […]
The Australia Securities and Investments Commission (ASIC) has issued its response to public consultation on cryptocurrency exchange-traded products (ETPs) alongside fresh industry guidance. On Oct. 29, the regulator released a set of regulatory requirements for funds looking to offer crypto ETPs, including exchange-traded funds (ETFs) and structured products, following months of industry consultation initiated in late […]
Source: Adobe/desdemona72 The crypto community has issued a withering response to the latest updated Financial Action Task Force (FATF) guidance, issued yesterday – with one lamenting that the document is “so bad that it makes the [American] infrastructure bill look reasonable.” Most appear particularly irked by the body’s stance on decentralized finance (DeFi). As reported, […]
Around the Block from Coinbase Ventures sheds light on key trends in crypto. In this edition, Justin Mart, Connor Dempsey, and Ejaaz Ahamadeen lay out what’s behind the growth of NFT markets. In 2020, a little over $200 million in NFTs changed hands. This February saw more volume than the entire year prior, with $340 […]
It can be argued that the entire crypto economy would collapse without the existence of cryptocurrency wallets. And that’s because these wallets provide a vital service. Crypto wallets allow individuals to store, send, receive, and even purchase different types of cryptocurrencies. That’s where Tezro comes into the picture. Featuring military-grade encryption protocols and a built-in […]
The Central Bank of Nigeria (CBN) has reportedly confirmed that its e-naira digital currency will have a legal tender and non-interest-bearing asset status. In addition, a limit on customer transactions and value-based transactions will be imposed. Five-Stage Launch According to a Nairametrics report, the new revelations concerning the e-naira’s design as well as the operational […]
The Senate is gearing up to vote on a $1 trillion infrastructure bill this weekend that will fund roads, bridges, and clean water. But first, it’s got to figure out what to do about cryptocurrency. To pay for part of the bill’s proposals, its authors included a provision that would expand the definition of “brokers” […]
This “Crypto City” guide looks at Melbourne’s crypto culture, the city’s most notable projects and people, its financial infrastructure, which retailers accept crypto and where you can find blockchain education courses — and there’s even a short history with all the juicy details of famous controversies and collapses. Fast facts City: MelbourneCountry: AustraliaPopulation: 5.15MEstablished: 1835Language: […]
United States Treasury Secretary Janet Yellen has told financial regulators that the government must act quickly to establish a regulatory framework for stablecoins. The comments came at Monday’s meeting of the President’s Working Group on Financial Markets. The group discussed the rapid growth of stablecoins, revealing plans to issue regulatory recommendations in the coming months, […]
