El Salvador Bonds Skyrocket: What’s Fueling the Surge?
El Salvador’s bonds have experienced a meteoric rise, surging from 70% to 90% in international markets in less than a month. A potent mix of debt maturity extensions and a groundbreaking agreement with Google has ignited this rally. According to Reuters, the operation size for this surge stands at $1,450 million, following the Salvadoran government’s […]
NFTVenues: Redefining the Hospitality Industry through NFT Innovation
NFTVenues emerges as a revolutionary player, poised to reshape the hospitality industry. What might initially seem complex finds a simple, yet profound essence—NFTVenues aspires to open the biggest number of bars and restaurants worldwide, seamlessly combining investment and operation to create a novel approach to hospitality. Let’s delve into the fundamentals of NFTVenues and understand […]
Pepe Coin ($PEPE) Faces Steep Decline as Rogue Team Members Steal $15 Million Worth of Tokens
Pepe Coin, the influential meme cryptocurrency, has experienced a significant drop of nearly 40% in the past two weeks due to the actions of rogue members within its team. These individuals stole tokens worth $15 million, leading to a loss of trust and a negative impact on the coin’s value. The FUD (Fear, Uncertainty, and […]
Decoding the New Crypto Tax Legislation in the US: A Comprehensive Breakdown
In a significant regulatory move, the United States Internal Revenue Service (IRS) has unveiled a draft of proposed regulations on the sale and exchange of digital assets by brokerage entities. These new tax rules aim to streamline tax filings and impede tax evasion by bringing crypto asset reporting into alignment with other asset types. According […]
BitBoy Crypto Severs Ties with Influencer Ben Armstrong Amid Controversy
In a surprising turn of events, BitBoy Crypto has officially cut ties with prominent crypto influencer Ben Armstrong. Confirming the departure, BitBoy Crypto took to Twitter today to announce the removal of Ben Armstrong from the brand. The company revealed that BJ Investment Holdings, the parent company of Hit Network, had taken swift legal action […]
Ethereum Fees Experience Decline Amid Layer 2 Scalability Success
Ethereum, the pioneering smart contract and digital asset platform, has witnessed a notable decrease in transaction fees due to reduced network activity, potentially driven by the rise of Layer 2 scalability solutions. The recent drop in total fees paid within the Ethereum network has caught the attention of the crypto world. Typically, such an occurrence […]
Robinhood Emerges as Third-Largest Bitcoin Holder with $3 Billion Stash
The investment and trading arena has witnessed a curious twist as Robinhood (HOOD), the platform known for democratizing financial markets, silently accumulates a substantial $3 billion worth of Bitcoin (BTC). Newly uncovered wallet data by Arkham Intelligence unveils Robinhood’s significant stake in the crypto space, positioning it as the third-largest Bitcoin holder globally. A Crypto […]
Adult Content Platform OnlyFans Ventures Into Ethereum Investment
London-based adult content subscription service, OnlyFans, has taken an unexpected step into the world of cryptocurrency investment by allocating around 5% of its working capital into Ethereum (ETH). The move, which took place in 2022 according to the financial statements released by its parent company, Fenix International, marks an intriguing foray into the crypto realm […]
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