Author: cryptodigitalnow

Send and receive select cryptocurrencies using PayPal. Source: PayPalPayPal announced Tuesday that users can now transfer, send and receive Bitcoin, Ethereum, Bitcoin Cash, and Litecoin on its platform. Users can transfer their digital assets between PayPal users, external wallets, and exchanges.According to the press release, only select U.S. PayPal users can take advantage of the new feature for now, but the company said it will be available to everyone in the U.S. in the coming weeks. Additionally, users who transfer their digital assets from an external wallet or exchange into PayPal are then able to use them for purchases. Choose the “Checkout…

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Joseph Lupo agrees. Lupo is a general manager with CoinBits, which helps businesses and investors securely build, manage, and protect their money in a private bitcoin portfolio. “We saw a demand for higher net-worth individuals and businesses who want to invest in this new asset class,” says Lupo. “They need an on-ramp and someone they can trust since bitcoin doesn’t have a team or headquarters, so we started Coinbits Reserve to help businesses and higher net worth individuals invest in bitcoin. We manage their investments but also focus on education and what this new form of digital, finite money can…

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Vile online abuse escalated into accusations she was to blame for the outbreak of covid-19 in Malaysia, death threats, and eventually being arrested and charged with “insulting Islam.” Earlier this year, she fled to Australia to escape a court hearing.Although Nur Sajat’s story is by far the most high-profile, it is just one of many that illustrate how online platforms have evolved into a double-edged sword for Malaysia’s LGBTQ communities.  Despite creating invaluable opportunities for LGBTQ people to connect, communicate, and advocate for their rights, online participation also leaves them exposed to censorship, surveillance, and attack. Read the full story. —Megan…

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Many online attacks on LGBTQ Malaysians start with their fellow social media users (although some suspect that political or religious groups may be helping coordinate them). Individual threats can escalate. When a social media post or account is deemed “insulting to Islam” and reported to police, for example, the poster can face state surveillance, arrest, and prosecution. Many of these responses are carried out under the auspices of the controversial Multimedia and Communication Act, a law passed in 1998 that gives authorities broad powers to regulate media and communications in the country. After the government threatened him with prosecution for…

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One decentralized finance (DeFi) altcoin is surging as top US crypto exchange Coinbase puts four new crypto assets on the path to joining its roster. In an announcement, Coinbase says it plans to add DeFi Yield Protocol (DYP), along with three other altcoins to the trading platform in the future. Assets added to the roadmap today: Automata Network (ATA), Chain (XCN), DeFi Yield Protocol (DYP), Marlin (POND) https://t.co/zu1IBdrD7X — Coinbase Assets (@CoinbaseAssets) June 7, 2022 DeFi Yield Protocol offers users the ability to stake Ethereum (ETH), Binance Coin (BNB) and Avalanche (AVAX) to earn a fixed 25% APR (Annual Percentage…

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Metaverse tokens are vastly outperforming every other crypto category in the current bearish condition, up by nearly 400% year on year.Leading the gains are Decentraland’s MANA (up 41%), The Sandbox’s SAND (up 470%), Axie Infinity’s Axie Infinity Shards (AXS) (up 511%), and Stepn’s GMT (up 746%), according to data from Kraken Intelligence and CoinGecko’s May 2022 market report. Metaverse tokens can be used to pay fees, buy land and participate in governance. The #NFT boom of 2021 has not only drawn mainstream attention to digital art investments, it has also popularized the crypto metaverse.Kraken Intelligence’s report takes a closer look at how the crypto metaverse…

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Despite speculation of Bitcoin dropping to the $20,000 mark, its market dominance trajectory appears to be on the upside. Currently, Bitcoin’s share of the cryptocurrency market stands at a staggering 47.33%, while altcoin prices suffered recently. BTC To Have 50% Market Share? According to Project Syndicate, a trader with active presence on TradingView, Bitcoin will further increase its market share. He expects Bitcoin to reach a peak of 50%, which could only strengthen its case in the minds of regulators. If Bitcoin goes on to retest the 50% level, claims of Bitcoin supporters like Michael Saylor could be reinforced. Last…

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Litecoin will be delisted on Bithumb and Upbit, two South Korean Crypto exchanges, over modifications made to the coin that enable greater privacy when conducting transactions. In their notices regarding Litecoin, Bithumb and Upbit stated they were shutting down market support for the 20th-largest cryptocurrency by market capitalization because its newly activated Mimblewimble Extension Blocks (MWEB) network upgrade conflicts with South Korean anti-money laundering (AML) regulation. Upbit pointed to an option in trading Litecoin that “enables users to not expose transaction information,” raising concerns that “anonymous transmission technology” will likely be added to the coin’s functionality. Market support for Litecoin…

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Major cryptocurrency exchanges in South Korea have delisted Litecoin (LTC) weeks after flagging its privacy-focused MimbleWimble (MWEB) upgrade.In a public announcement on Wednesday, Upbit cited the Act on the Reporting and Use of Specific Financial Transaction Information, which prohibits anonymous transactions as the key reason for ending support for LTC. The delisting comes in the light of the much-awaited MWEB upgrade that made LTC transactions private, hiding some of the key identifiers. The upgrade was released earlier this year, nearly two years after its first proposal.The crypto exchange reached out to the Litecoin Foundation to understand the privacy-focused upgrade, and…

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In this episode of BeInCrypto’s Video News Show, host Juliet Lima gives you our picks for the top-7 altcoins for June 2022. She goes over the most interesting short-term developments and briefly covers the fundamental and technical outlooks for IoTex (IOTX), Monero (XMR), Cardano (ADA), DeFiChain (DFI), Elrond (EGLD), Mina Protocol (MINA), and Terra (LUNA). 1. IoTex (IOTX) IoTeX touts itself as a quick, secure, and scalable blockchain like many others. However, this one in particular aims to create and power an open ecosystem, in which people and machines interact freely with each other in a trusted setting. Additionally, IoTex…

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