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4mins Read By Lisa Tendon Digital Entrepreneur There are over a thousand different cryptocurrencies in the world and here are the top 10 of them that could hit new highs in 2022 The ascent in digital currencies is unavoidable as individuals are seeing enormous changes in the cryptographic money market over the previous decade. Bitcoin went from being an intriguing examination for a standard financial backer portfolio backbone to another resource class and advanced gold. Crypto financial backers have begun procuring high benefits from putting resources into the digital money market in these new years. Coming to the state of the crypto market in 2021, both BTC and Ether shot higher, trailed by huge number of altcoins getting their first taste of standard achievement. Digital forms of money in 2022 can possibly flourish significantly more than 2021. Great many digital forms of money to put resources into 2022 are entering the market to draw according to crypto financial backers. This a...

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  Non-fungible tokens aren’t new, but here’s why 2021 is the year of the NFT 3mins Read The recent boom in non-fungible tokens (NFTs) has opened up a whole new conversation around value. Can a  Tweet  you could screenshot for free really be worth millions of dollars? Whatever your point of view, it’s undeniable that NFTs have now moved firmly from the fringe to the mainstream. They’ve fast become crypto’s hottest use case and the most-exciting art trend of 2021. From CNN to the BBC, everyone’s talking about them. Even Saturday Night Live is doing skits about N But what are they really and should you actually care? How do they work? An NFT is a digital token created on a blockchain. Each NFT is unique and can’t be replicated. They’re used to prove exclusive ownership of a digital item, whether that’s  art , music or video games. They can also prove ownership of physical assets, too, though this is less common. Digital items are infinitely reproducible. This was the ma...

  US government seized $1.2 billion worth of  cryptocurrenc y 2021  3mins Read. By Hopedaves According to  prior years’ tally. According to the director of the IRS’s cybercrime unit, the agency confiscated $1.2 billion in  cryptocurrencies  in 2021. That figure is astronomically higher than the prior years’ tally. According to a report by CNBC, the U.S. government is sitting on a huge amount of bitcoins. The report stated that the government has been increasing its scrutiny of  cryptocurrencies  and consequently confiscating more of them. What you should know Earlier this year, the IRS announced that it had seized $3.5 billion worth of crypto in the fiscal year of 2021. The U.S. government has reportedly seized 170,000% more crypto this year than it did in 2019. Speaking to CNBC, Jarod Koopman, director of the Internal Revenue Service’s cybercrime unit, said, “ In the fiscal year 2019, we had about $700,000 worth of crypto seizures. In 2020, ...

  Discover, explore, and take part in the leading NFT market 3mins Read By  Engr Hope Dave's from Cryptotab NFT Marketplace OpenSea Hits World’s Sales Records Non-fungible tokens have proved their status as major trendsetters in the cryptocurrency market in 2021. At the end of last year, the total amount of all transactions made in the sector of non-fungible tokens (NFT) exceeded $250 million, demonstrating an impressive growth rate of 299% in annual terms. Among several competing NFT marketplaces,  OpenSea  – a decentralized marketplace selling rare digital items and crypto-collectibles – turned out to be the most prominent and fruitful one. Since the start of 2021, against a backdrop of skyrocketing mass interest in NFT-campaigns, it managed to gain more than $10 billion in sales and trading volume and set the new all-time high sales record in November. The second most popular NFT market Axie Infinity (AXS) in the meantime exceeded $3 billion in sales. The largest ...

  4mins Read There is a new   $38 million program   being put in place by the North Carolina Department of Health and Human Services, as they look to support citizens who have been affected during the COVID-19 pandemic. This will look to help people who are struggling to pay their water bills, so eligible households are now able to apply for assistance when it comes to paying their bills through the  temporary cash emergency program , which is referred to as the  Low-Income Household Water Assistance Program (LIHWAP) . The   LIHWAP   program will help families in North Carolina keep their water running, a basic human need that's critical for good sanitation and better health." Do I qualify for the program? Households in North California can automatically become eligible for  LIHWAP  if they have their water services cut off or are in danger of being cut off. The following qualifications also make households eligible: The household currently r...

  6mins Read  Luno Team The Bitcoin price is just about holding above the   $50,000   mark this morning, but has drifted slightly downwards since yesterday. The leading cryptocurrency is currently trading for a couple of hundred dollars over $50k. Other cryptocurrencies have seen similar price action, with Ethereum also dropping slightly, changing hands for just above the $4,300 level this morning. The drop comes despite the global financial markets continuing to climb. The Nasdaq yesterday jumped 3%, the biggest one-day gain since March, while the S&P 500 rose 2% and the Dow Jones rose 1.4%. The UK index, meanwhile, also closed at its highest level since 15 November and has now recovered the losses it made over the weekend. The price drop means market sentiment continues to look weak. Fear and Greed Index has hovered between “Fear” and “Extreme Fear” again over the past seven days. On Monday, the index hit a bottom of 16 as panic spread across the market follo...

 3mins Read What David Marcus, the head of Meta’s cryptocurrency efforts steps down as Facebook reverses crypto ban Why This comes after Meta failed to successfully create a cryptocurrency that would be used to send money via Facebook products What next? Stephane Kasriel will replace Marcus and Facebook’s new policy will allow more retail investors access to cryptocurrencies The story After failing to successfully launch their own cryptocurrency called Novi, Facebook is now reversing its long-standing policy that prevented most cryptocurrency companies from advertising on its platforms. This U-turn decision came shortly after David Marcus, the head of Facebook parent company Meta’s crypto efforts, announced he will be stepping down. Novi, which Marcus was overseeing, was intended to allow its users to send money online to anyone in the world via Facebook’s products. “While there’s still so much to do right on the heels of launching Novi — and I remain as passionate as ever about th...