Author: Crypto Insider

After months of waiting, the initial five Kusama Parachain auctions went off without a problem. The process was conducted between June 15th and July 20th, and five winners have been chosen. Let’s take a closer look – who are they? Parachains are custom, project-specific blockchains Integrated within the Polkadot and Kusama networks. Users can customize…

Binance NFT, the NFT platform of the world’s largest crypto exchange Binance, and Russia’s State Hermitage Museum announced their collaboration in the release of tokenized art from the museum collection, which will be auctioned on the NFTs marketplace at the end of August 2021. The Hermitage, one of the most significant museums in the world,…

Don’t get the rug pulled out from under you, warns Oscar Gonzalez on CNET. Crypto pump-and-dump schemes are designed to take advantage of people while making some big money for scammers. They generally involve influencers who receive financial incentives for telling people to buy a certain digital coin in order to raise its value. Once…

Shopify Inc., a major e-commerce merchant partner, is making it easier for companies to sell NFTs. Shopify’s president shared the company’s plans to help its merchants sell NFTs. “If you’ve spent 1 minute on the internet this year, you’ve seen a lot about NFTs,” posted on Twitter Shopify President Harvey Finkelstein. “Shopify we are making…

Bitcoin has proven to be resilient even against such a strong shock as mining restrictions in China. Regions that offer the necessary infrastructure and easy regulations for transferring miners will gain the biggest benefit. The Cambridge Centre for Alternative Finance, a creator of the Cambridge Bitcoin Electricity Consumption Index (CBECI), estimates that China shared 46%…

Launched in May of 2016, BitcoinIRA is offering investors the tax advantage of an IRA in return for a high-risk but high-reward alternative asset class. The company already has above 100,000 account holders, including clients starting the age of 18. BitcoinIRA launched in May of 2016, offering investors the advantage of a tax-free, self-directed Individual…