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Crypto staking is a process of holding coins in a wallet to receive rewards from the network. The act of staking helps secure the blockchain and allows users to earn passive income.  There are many different types of staking, but all involve locking up coins for a set period. Staking247 is an online platform that makes it easy to stake cryptocurrencies and earn rewards.  They offer tutorials on how to stake various coins and a Telegram channel for support. Cardano…

Crypto staking is a process where token holders can earn rewards by locking up their coins in a wallet. In return for pledging their support to the network, they receive a portion of the block reward.  Cardano is one such blockchain that offers this feature. This review will analyze the features of AzureADA, a staking platform that allows users to participate in Cardano's staking program. What Is AzureADA? If you're looking for a reliable and trustworthy stake pool to earn…

Per several reports, leading exchange FTX and South Korea’s crypto platform Bithumb could be working on a likely acquisition deal. FTX exchange has notably embarked on an accretion spree this year alone, absorbing more than three major companies. New Purchase Speculations Amidst declining market conditions, several crypto companies are struggling to remain afloat. However, despite the downsides of the bear market, it also presents more stable firms with certain opportunities. Those with sufficient fund reserves get the chance to acquire…

The Republican Party of Texas has unveiled its 2022 platform and resolutions, detailing its principles and future goals. Among them is a plan to enshrine constitutional law allowing Texans to use whatever form of money they choose – including cryptocurrency. As the document states, the GOP will add protections for wealth transfer and storage to the Texas Bill of Rights. It will let Texans choose their medium of exchange, “including digital currency, gold and silver coin, bullion, cash, and scrip.”…

In a recent community meeting, Blockdaemon's Ethereum leader expressed confidence in Ethereum's potential to maintain its top spot among Layer-1 protocols. Freddy Zwanzger, the Blockdaemon officer, asserted that all 'Ethereum Killers' would fail. Ethereum Killers is a colloquial term for green chip protocols like Solana, Cardano, and Polkadot. They didn't succeed in the past, and I don't expect them to,” he added. The Ethereum ecosystem leader of Blockdaemon stated that he does not foresee Ethereum dropping from its top position…

Singapore-based crypto exchange Crypto.com has secured a license from the Cyprus Securities and Exchange Commission (CySEC). The exchange announced this achievement through a tweet earlier today. [embed]https://twitter.com/cryptocom/status/1550449386253348864?s=21&t=-MgdKJarz3iJ0KxGmqQy3Q[/embed] Through this license, Crypto.com can now offer Cyprus citizens a suite of products and services in a regulated environment. Commenting on this development, Crypto.com CEO Kris Marszalek said: Europe is a priority region for Crypto.com and our continued expansion in the market is a testament to our commitment to compliance and collaboration with…

Taiwan is planning to prohibit buying cryptocurrencies with credit cards. Local media outlet Economic Daily reported on July 21, noting that the Financial Supervisory Commission (FSC) is behind these efforts. Reportedly, the regulator sent the Taiwan Association of Banks a letter earlier this month, warning the body about the speculative and risky nature of cryptos. According to the FSC letter, the cash flow in crypto is complex because it is difficult to monitor transactions. To this end, the regulator asked…

Thailand’s Securities and Exchange Commission (SEC) plans to introduce stricter regulations for crypto firms. Bloomberg reported on July 22, citing the SEC’s Secretary-General Ruenvadee Suwanmongkol. The decision to introduce sterner regulations comes after the recent crypto market downturn saw retail investors incur massive losses. According to Suwanmongkol: The extreme volatility of digital-asset prices has spurred the urgent need for improved supervision. Our main focus will be to provide more protection for small investors, some of whom are putting most of…

The U.S. Department of Justice (DOJ) has charged three individuals with the first ever cryptocurrency insider trading scheme. Among the three accused is Ishan Wahi – a former product manager at Coinbase. Exploiting Coin Listing Knowledge According to the DOJ’s press release, Ishan Wahi has been specifically charged with both wire fraud conspiracy and wire fraud. Charged alongside him are his brother Nikhil Wahi and friend Sameer Ramani. Each charge carries a maximum sentence of 20 years. The product manager…