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Coinbase won’t pursue its planned lending service, fears SEC scrutiny 

It appears that Coinbase would prefer to be on the safe side rather than dealing with U.S. Securities and Exchange Commission’s scrutiny and pressure.  In a blog that the crypto exchange has posted, it announced that it would no longer pursue its plans to roll out its “Lend” service, which is supposed to be a crypto-based lending service.  Lend was supposed to be a service that would pay users if they lend out their tokens, but the SEC has warned the company about the legal consequences of such service.  Showing

Head of Australian Crypto Exchange Says Regulations Are Beneficial

The head of the popular Australian cryptocurrency exchange BTC Markets says crypto regulations provide benefits to the industry. Sponsored Sponsored In the global race for cryptocurrency adoption, regulations, and innovation Australia seeks its own piece of the action. According to the CEO of the country’s largest crypto exchange the country could get left behind without proper action.  Caroline Bowler is CEO of the exchange BTC Market. In an interview with Bloomberg she said it would be a “real shame for Australia if we don’t take this bull by the horns.”Sponsored Sponsored

Inc. Magazine Reveals Annual List of America’s Fastest-Growing Private Companies including Worldgate, llc —the Inc. 5000

Worldgate, llc ranked in the top 5000 by Inc. This recognition goes to ALL OF OUR EMPLOYEES and their commitment to serving our clients and each other in the best way that they can every day. -- Katelyn Montgomery, President RESTON, Va. (PRWEB) August 28, 2021 Inc. magazine today revealed that Worldgate, llc is No. 3,941 on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. The list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its

Owners of Internet Domain Names Can Start Receiving Crypto With Their Addresses

Domain name owners can now start receiving crypto, including BTC, ETH and NFTs thanks to an integration with Ethereum Name Service.Any domain name, including .com and .cash, can now be a public address for payments across any blockchain. Brantly Millegan, director of operations at Ethereum Name Service, the protocol behind the development, shared an example implementation with The Defiant — brantly.cash, a name registered with the Domain Name System, can now accept BTC, DOGE, and more if configured to do so.DNS names can also be used as usernames in Ethereum

Study Finds NFT Industry Shows Some Undesirable Signs

A new report finds activity in the NFT community is organic, though there are undesirable signs among investors. Sponsored Sponsored Recently, Nansen, a blockchain analytic platform released a report with new findings on the emerging non-fungible token space. According to the reports there is a large amount of healthy, “organic” growth in the NFT industry.  However, despite the good signs of progress, there were also some undesirable findings. According to the report, the NFT space “remains spotted by certain profit-seeking practices.” This determination comes from transaction patterns. Token founders might be

EA Sports Hiring New Senior Director to Explore Blockchain & NFTs

A new job posting on LinkedIn reveals EA Sports’ intentions of expanding their empire into blockchain and NFTs. Sponsored Sponsored The video game giant EA Sports posted an ad on LinkedIn for a new Senior Director of Competitive Gaming Brand. In the ad EA Sports specifies the applicant should be ready to lead the business into the realm of blockchain and NFTs.   According to the job post, the company plans to expand into new territories. “We set the pace for EA’s investment in gaming subscriptions, our PC storefront and platform, competitive

‘Communities Are Very Important For an NFT Project,’ Says Digital Artist

BeinCrypto spoke to Julien van Dorland, digital artist, and avid non-fungible token (NFT) art collector, about his work, his collections, and the NFT space as a whole. Sponsored Sponsored Van Dorland is a digital artist, an NFT art collector, and founder of Arvable, a digital agency helping artists explore the metaverse and NFTs. Completely immersed in the NFT space, van Dorland is the perfect example of what the future holds when it comes to creating the metaverse. With involvement in almost all elements of the NFT value chain, van Dorland

Bitcoin bullish cross on weekly chart paints $225K BTC price target if history repeats

Bitcoin (BTC) is wowing the market by holding $50,000, but a bullish metric is pointing to much larger potential gains.Data from TradingView now clearly shows that the weekly moving average convergence/ divergence (MACD) indicator for BTC/USD has flipped from red to green.Time for another 5.5X BTC price surge?There is no shortage of bullish BTC price indicators this month, with everything from exchange balances to network fundamentals infirmly optimistic mode.MACD, which produced a rare crossover earlier in August, nonetheless adds the potential for upcoming gains to be an order of magnitude

Bringing Together NFTs, Sustainability and Music With OneOf CEO Lin Dai

BeinCrypto spoke to Lin Dai, CEO and co-founder of OneOf. The platform aims to transition music ownership and sharing into the future with its unique “green” non-fungible token (NFT) offerings. Sponsored Sponsored NFTs are no longer a fad or a hype. Rather, they have cemented themselves as a bona fide part of the future of blockchain products. While most NFTs revolve around art, music is not far behind. This industry is catching up and benefiting from this new tokenization strategy. Sponsored Sponsored However, since most NFT marketplaces are geared towards

Shark Tank’s Kevin O’ Leary Partners With FTX in Ambassador Role

Kevin O’Leary, investor and co-host of Shark Tank, announced yesterday his new partnership with the powerhouse crypto exchange FTX. Sponsored Sponsored In the announcement, O’Leary and FTX stated they’re in for a long-term investment and spokesperson relationship. It will center around equity stake in both FTX Trading Ltd. and West Realm Shires Services Inc., as well as O’Leary acting as an ambassador for the exchange.  The ambassadorship is a multi-year deal in which the investor will promote FTX and its accompanying brands to his international audience. For his services as an

NuGenesis Network Full Review (Part 2)

The blockchain ecosystem, that is taking the world of technology by stormWe are living in a world of rapid change and innovation. Everything around us is changing at an exponential rate and it is shifting the world from one idea to another, not simply to engage and impress people, but to encourage them to have fun, earn a good livelihood, build wealth and secure a stable financial future.Also Read: A Comprehensive Review of the NuGenesis Network (Part 1 of 6)Since 2009, a spotlight has been shone on a new technology