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Coinbase Wallet Allows Users To Send Money Via Social Media Apps And Email
Coinbase Wallet introduced a feature allowing users to transfer cryptocurrencies through a link that can be sent via some of the most popular social media channels and email.
Coinbase Wallet announced an exciting new way users can send crypto cheaper, faster, and more accessible. In a December 5 blog post, Coinbase Wallet said, “Users can now send money on any platform that they can share a link — including messaging apps like WhatsApp, iMessage, Telegram, and via popular social media apps, email, and more.”
Instant Settlement And Zero Fees For USDC Transfers:
Coinbase Wallet just made sending crypto more convenient. The crypto exchange introduced a feature through its Coinbase Wallet where users can effortlessly send money. This innovative service removes the hassles of dealing with bank account numbers, expensive wire transfers, bank fees, and waiting up to five (5) business days for funds to become available. Users can instantly settle transfers by simply using a link from Coinbase Wallet to send over several popular social media sites. The exchange also said there is no payment fee when sending USD Coin (USDC). Read More
British regulator adds Justin Sun-linked Poloniex to warning list after $100M hack
The Financial Conduct Authority warns that the crypto exchange is operating without proper authorization.
The United Kingdom’s Financial Conduct Authority (FCA) has added crypto exchange Poloniex to its warning list of non-authorized companies. The Seychelles-based exchange is one of the three companies owned by or affiliated with entrepreneur Justin Sun that have suffered four hacks in the last two months.
The warning to Poloniex was published on the FCA’s website on Dec. 6. It doesn’t offer a reason but says that “firms and individuals cannot promote financial services in the UK without the necessary authorization or approval.” The FCA also reminds the public that it can’t count on financial law protection while dealing with unauthorized entities. Read More
IEEE to issue blockchain skill certificates on Avalanche in India
Avalanche was selected as the primary settlement layer for IEEE’s certificate issuance because of the need for an ecosystem compatible with the Ethereum Virtual Machine.
The credentialing system used by the Institute of Electrical and Electronics Engineers (IEEE) will use the Avalanche blockchain to issue tamper-evident certificates in India.
India is the second-largest IEEE membership base outside the United States, with over 75,000 members. The professional association will issue IEEE credentials or certificates to all trainees and users to make the verification process tamper-proof, instant and secure.
The IEEE will issue blockchain certificates via LegitDoc, a blockchain-based credential lifecycle management built by Zupple Labs. Speaking to Cointelegraph, Zupple co-founder Neil Martis said that the Indian public sector has become more willing over the last 12 months to implement full-fledged blockchain projects over pilots. Read More
Coinbase Set to List Jito Following Airdrop of Solana Token
Coinbase has announced it will list Solana-based DeFi project Jito's token on its platform following the JTO airdrop Thursday.
Solana DeFi platform Jito will begin its anticipated airdrop Thursday, and Coinbase—America's biggest cryptocurrency exchange—said that it will list the JTO token right away.
In a Wednesday announcement, Coinbase said that JTO trading will begin on or after 11am Eastern Time on Thursday, subject to liquidity conditions.
JTO is the governance token of Jito, a project which runs on the Solana blockchain. It is the second-largest decentralized finance (DeFi) project on Solana, according to DeFi Llama data, and allows people to earn a return with their tokens by pledging them to the network. Read More
What Does The Wallet Do? What Does It Mean For You?
The launch of the Markethive wallet is approaching, so it’s time to start beating the proverbial drum. It is the start of an exciting time with the advent of many integrations to follow the release of the wallet that will bring Markethive into prominence as an unprecedented platform. The combination of inbound marketing, social media, digital broadcasting, video, conference rooms, e-commerce, gamification, etc.
Markethive is a blockchain-driven crypto economy, all-inclusive, with a distributed database system required for this decentralized, monolithic global project. We’re almost there with the release of the wallet that will initiate entrepreneurial sovereignty and open the floodgates of this divine enterprise with its plethora of systems and services, including the new interface and dashboard.
We now have a complete working wallet with the Solana Network, and we also have a fully functional crypto merchant account. The Markethive wallet is being polished with the finishing touches, keeping mindful that it’s not just a simple wallet but a comprehensive, dynamic engine centralized for you that powers your platform and business.
Markethive is fundamentally a sophisticated inbound marketing and storefront platform, integrated with a social network, and not just another social media platform you see popping up to counter the media tech giants we’ve come to know as oppressive, censoring you and using your personal data for their own gain. Read More
Elon Musk's X Secures 12 Money Transmitter Licenses — X.AI to Raise $1 Billion in Equity Offering
Elon Musk’s social media company, X, has obtained 12 money transmitter licenses across the United States. Furthermore, his artificial intelligence (AI) company, X.AI, stated in a filing with the U.S. Securities and Exchange Commission (SEC) its intention to raise $1 billion in an equity offering.
X Obtains 12 Money Transmitter Licenses:
Elon Musk’s social media platform X, formerly Twitter, has reportedly obtained transmitter licenses in 12 U.S. states: Arizona, Georgia, Iowa, Kansas, Maryland, Michigan, Mississippi, Missouri, New Hampshire, Rhode Island, South Dakota, and Wyoming.
In October, Musk unveiled his plan to turn X into a powerful financial platform. The Tesla boss stated in November last year that X could offer “an extremely compelling money market account,” debit cards, checks, and loan services. He recently detailed: “When I say payments, I actually mean someone’s entire financial life … If it involves money. It’ll be on our platform. Money or securities or whatever. So, it’s not just like send $20 to my friend. I’m talking about, like, you won’t need a bank account.” Read More
Robinhood Crypto Launches in EU With 'Crypto Back' Bitcoin Rewards Program
Robinhood Crypto's EU users will receive a percentage of trading volume back in Bitcoin, as well as Bitcoin rewards for referrals.
Trading platform Robinhood is launching its crypto app in the EU, with a Bitcoin rewards program that will see customers earn a percentage of their trading volume back each month in BTC.
According to a blog post announcing the news, the Robinhood Crypto will roll out to "all eligible customers in the European Union" alongside a rewards program based on customers' total trading volume, with Bitcoin rewards deposited in their account. A referral program also offers "up to 1 BTC" for signing up and referring up to 300 friends (though Robinhood is quick to note that "98% of rewards are worth €10–€20 in BTC," with a lucky 2% of participants receiving a full 1 BTC). Read More
Can cryptocurrencies be frozen on a blockchain?
Frozen funds typically mean access to such funds has been restricted or temporarily halted.
Several factors, such as technological errors, security precautions, disagreements, investigations and regulatory compliance, can lead to such circumstances. So, can a crypto exchange freeze your account?
If exchanges or financial institutions suspect fraudulent activity or money laundering related to the account, they may freeze funds. Furthermore, freezing may occur as a preventive measure in reaction to possible security lapses or unwanted access attempts.
Funds may also be frozen during disagreements or ongoing investigations until the issue is resolved, guaranteeing a just outcome for all parties concerned. Temporary freezes resulting from technical problems with the blockchain or exchange infrastructure can also affect the availability of funds. For instance, in 2022, Binance temporarily suspended withdrawals of Ethereum and ERC-20 tokens due to the Merge. Read More
How blockchain transforms Christmas giving
From enhancing transparency and trust in charitable donations to introducing the concept of tokenized gifts, blockchain is infusing a new spirit into the season.
As the festive lights begin to twinkle and the scent of pine fills the air, the season of giving takes center stage. The tradition of exchanging gifts during Christmas has long been a symbol of love, compassion and generosity. However, in the digital age, this age-old practice is already undergoing a profound transformation, thanks to the integration of cutting-edge tech like blockchain.
Blockchain, the decentralized and transparent ledger system behind cryptocurrencies and nonfungible tokens (NFTs), has a unique place in the realm of Christmas giving. The immutable and secure nature of blockchain paves the way for innovative approaches to decentralized Christmas presents and digital assets for charitable giving during the holiday season, while digital currency for Christmas donations adds efficiency.
Mainly, Web3 offers several benefits and prominent use cases, revolutionizing Christmas gifts. Let’s explore this intriguing and unobvious dimension of blockchain’s contribution to society. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
