Uncategorized

Uncategorized

Crypto takes flight – Growing number of travelers favoring crypto cards over travel money cards

July 2, 2024 coinpulsehq

Crypto cards offer lower fees, stability, and exclusive discounts for travelers. Many crypto cards also provide rewards, cashback, and enhanced security for global travelers. The Mountain Wolf crypto card features a secure multi-currency wallet and instant payments. A growing number of travelers are favoring cryptocurrency cards over traditional travel money cards, according to new trend […]

Uncategorized

Cardano Founder Urges Caution On AI Risks Amid Robinhood’s Technological Push

July 1, 2024 CryptoExpert

Cardano founder Charles Hoskinson has raised the alarm over the implications of artificial intelligence (AI) censorship, coinciding with crypto exchange Robinhood’s recent acquisition of AI-powered investment advice platform Pluto.  According to Bloomberg, the move aims to bring tailored investment strategies and analytics to Robinhood’s retail brokerage users. Still, Hoskinson’s concerns shed light on the potential […]

Uncategorized

U.S. Treasury issues new Cryptocurrency tax rules

July 1, 2024 coinpulsehq

The IRS has set up a tax reporting framework for cryptocurrency brokers, which will be implemented in 2025. The framework does not include decentralised finance and non-hosted wallets, although rules for those will come later in the year. Under the new framework, crypto brokers, hosted wallet services, and digital asset outlets must file 1099 tax […]

Uncategorized

Sales Drop and Worst Performing Sector

July 1, 2024 coinpulsehq

Non-fungible tokens (NFTs), once hailed as the future of digital collectibles, experienced a sharp downturn in June. According to the crypto analytics platform Artemis, the NFT sector recorded the worst performance among 21 sectors, with a staggering 51.5% decline. This trend raises concerns about the sustainability of the NFT market. Sales Slump Across Major Blockchains: […]

Uncategorized

Italian Crypto Wallet, Conio, Announces Open Banking Partnership with Digital Asset Integration Platform, Mesh

July 1, 2024 coinpulsehq

Italian cryptocurrency wallet provider, Conio, has announced a new open banking partnership with Mesh Connect, a digital asset integration platform headquartered in the US. The partnership will allow Conio’s 430,000 users to access ten leading cryptocurrency exchanges directly through the Conio app. This integration eliminates the need for cumbersome processes such as scanning QR codes […]