In simpler terms, Kraken introduced its cryptocurrency wallet as a new player in the growing market for digital asset storage, aiming to rival companies such as Coinbase and Consensys. On April 17, the second largest cryptocurrency exchange in America unveiled its self-managed digital wallet. This new solution provides a different option compared to other wallets … Read more
The price of Bitcoin has dropped significantly today, falling below $60,000 during early U.S. trading. This represents a significant change from the brief peak of $64,000 it reached earlier in the day. Currently, Bitcoin is valued at around $60,200, reflecting a 3% decrease over the past 24 hours – its lowest point since early March. … Read more
This summer, Worldcoin – a identification system that uses iris scanning for verification – intends to debut its own blockchain named World Chain, which will be built on Optimism’s OP Stack technology. The introduction of World Chain aims to resolve traffic problems on its existing network, since around 43% of all transactions taking place on … Read more
According to Guy Ficco, head of investigations at the US Internal Revenue Service (IRS), the agency anticipates an increase in instances of cryptocurrency tax evasion in the current tax year. At the Chainalysis Links event, Guy Ficco, head of criminal investigation at the US Internal Revenue Service (IRS), told CNBC that they anticipate discovering more … Read more
The price of Bitcoin immediately dropped below the $60,000 level as the halving approaches. Based on information from CoinMarketCap, Bitcoin’s (BTC) price has dropped by over 3% within the last 24 hours and is currently valued at around $59,800. The trading volume for cryptocurrencies has also decreased by approximately 12%, reaching roughly $40 billion. Traders … Read more