#cryptocurrency

The World’s First Salary in BTC
Industry News

The World’s First Salary in BTC

Bitcoin has already been integrated with many companies and used as a payment method. But things do not stop here, and cryptocurrency has peaked at new heights. Now many people receive their salaries in BTC!
Faster and Steadier: CryptoTab Farm Upgraded
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Faster and Steadier: CryptoTab Farm Upgraded

Let us announce: we have just improved the CryptoTab Farm, so managing the farm from your smartphone has gotten even simpler, more convenient, and more intuitive. While upgrading the CryptoTab Farm app, we’ve considered many proposed amendments and have accommodated most of the concerns expressed by our users.

What's in store for the upgraded version? There is, to say the least, an updated user interface and dashboard, higher crash-free speed and thus faster in-app purchases, flexible settings, improved and more reliable usability.

The recently released CryptoTab Farm app allows you to easily set up and manage not only miners on your computers but also Pool Miners if you want to expand your farm and don’t own a PC.

Without further introductions, we suggest that you update or install the latest version of the CryptoTab Farm app and enjoy your mining.

INSTALL NOW
The future of digital assets is here
Industry News

The future of digital assets is here

Crypto industry’s life doesn’t stand still. Have you ever thought about what will happen to your cryptocurrency in 20 years? 50? People are used to passing their fortune down the line or putting it in their relatives and close ones’ names.
New development of PayPal
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New development of PayPal

Great news for users of PayPal! The company is about to release its own stablecoin.
NFT Marketplace OpenSea Hits World’s Sales Records
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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.
Expansion of crypto mining farms around the globe
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Expansion of crypto mining farms around the globe

Crypto Farms are hitting the headlines every week and interest in mining has become explosive. Meanwhile, certain companies tend to build their own huge mining farms and strive for bigger profits. Let’s have a glance at several major crypto farms and focus on recent trends.

Bitfarms is a Canadian crypto farm that has elaborated progressive and eco-friendly solutions to minimize the environmental impact of crypto-mining. The company’s facilities are powered almost entirely by hydroelectric energy, so its ultimate goal is to reduce electricity costs by 25%. Bitfarms invests millions in mining all over the world and has already expanded to the US and Argentina.

Investors prefer not only to hold cryptocurrencies but crypto farms too. Canadian mining firm Hut 8 reported that it holds more than 5,000 self-mined bitcoins. Recently they purchased 10,000 of Nvidia's new mining processors, allowing the company to mine at a cost of under $3,000 per Bitcoin.

Other companies strive for global growth and increasing mining capacity. A good example of such a trend would be China-based The9 which will deploy more than 10,000 Bitcoin miners in the USA and another 14,000 in Canada. The9 also moved part of their business to Kazakhstan to expand their crypto farm globally.

As decentralized networks evolve and mining farms grow exponentially, holding crypto turns out to be a perspective strategy: mining can provide substantial rewards, a good example of which is a 2021 all-time high revenue record. This could be a solid argument for those who can’t make up their minds to start mining. Everyone can now build their mining farm without prior knowledge or special equipment. Using the CryptoTab Farm app is one of the easiest and most risk-free starting options. Transform your idle computers into a profit or use Pool Miner if you don’t have your own PC. Isn’t it encouraging?

Why NFTs are All Over the News
Industry News

Why NFTs are All Over the News

NFT marketplaces make billions in monthly trading volumes, the NFT art piece by American artist Beeple sells for more than $69 million, NFTs constitute whole virtual worlds like Decentraland – why is all that craze and is it worth joining in?
Bitcoin officially joins the US Stock Exchange
Industry News

Bitcoin officially joins the US Stock Exchange

Bitcoin has been officially approved by the US Stock Exchange – on October 19, the world’s first trading of the Bitcoin Strategy ETF was successfully launched in New York. In two days of trading, Bitcoin assets managed by the exchange-traded fund exceeded $1 billion. The Bitcoin Strategy ETF thus became the first US exchange-traded fund to be officially approved for Bitcoin contracts.
Easy crypto payment with Litecoin VISA
Industry News

Easy crypto payment with Litecoin VISA

Thanks to the Litecoin Visa virtual card, synchronized with Apple, Google, and Samsung Pay, users can now pay for millions of goods and services with Litecoin and other popular cryptos in a matter of minutes.
PayPal’s crypto campaign steps on an international path
Industry News

PayPal’s crypto campaign steps on an international path

One of the world’s leading payment processors, PayPal launches its cryptocurrency services in the UK starting from late August 2021.
BTC Powers Back to $50K
Industry News

BTC Powers Back to $50K

Bitcoin is gaining ground! BTC price is on the move again, hitting its highest level since mid-May. It peaked at $50,270, adding 3% on the day. It has recovered more than 72% since June. The crypto asset’s overall market valuation is currently at $942 billion. This could be a sign that the “capitulation period has ended and the market is back on solid ground,” Coin Metrics wrote in a Tuesday newsletter.
Anonymous crypto addresses at risk
Industry News

Anonymous crypto addresses at risk

On July 20, the European Commission introduced a law proposing the prohibition of anonymous cryptocurrency wallets. The project offers to oblige companies involved in cryptocurrency transfers to track the personal data of senders and recipients of digital assets, including a full name, residence address, date of birth, and account number. Personal identification is said to be imperative for the security of such transfers and the facilitation of the enforcement agencies’ combat against money laundering and terrorist financing.
MasterCard expands crypto card program
Industry News

MasterCard expands crypto card program

One of the largest global payment systems operators, Mastercard is preparing a special program expanding cryptocurrency payment options and simplifying the process of converting crypto into fiat (traditional) currencies. This will be possible thanks to MasterCard’s partnership with such fintech and blockchain companies as Evolve, Paxos, and Circle. The partnership is aimed at ensuring that cryptocurrency cardholders can pay for goods and services wherever MasterCard is accepted.
The first VISA card with BTC cashback issued in the US
Industry News

The first VISA card with BTC cashback issued in the US

The partnership of cryptocurrency companies and the global payment system VISA has just reached a new level: the first-of-its-kind VISA credit card with 1.5-2% BTC cashback is now available for US customers. The card was developed and issued by the American crypto-lending platform BlockFi.
Cryptocurrency salaries are real
Industry News

Cryptocurrency salaries are real

Today, we are witnessing the expansion of cryptocurrency’s global privileges. For example, a member of the Argentine House of Representatives Jose Luis Ramon announced the introduction of a bill allowing employees to be paid in cryptocurrency (either partially or in whole). According to the deputy, today cryptocurrency provides employees with a wide range of advantages and tackles several issues at once, including the “strengthening of the workers’ autonomy” along with “sustaining the purchasing power” of their assets. Thus, all employees will be free to choose between the standard salary format and the cryptocurrency one. In such an event, it is the employer who will bear all the costs related to the transfer of cryptocurrency to an employee. The impetus for the bill’s elaboration was largely due to the country's participation in the Global Forum on the Knowledge Economy several years ago.
Why now’s the best time to start crypto mining
Industry News

Why now’s the best time to start crypto mining

In May 2021, a massive cryptocurrency crackdown happened in China: the government banned cryptocurrency mining in four major provinces. The clampdown led to the forced relocation of a solid number of both Chinese and international digital assets companies and brought about a drop in the bitcoin hash rate by more than 50%. The Chinese government's ultimate ban on financial institutions, including banks and online payment channels for applying cryptocurrency, then echoed around the world and hit the news reports of multiple crypto websites. According to Kevin Zhang, Vice President of Business Development at Chinese crypto company Foundry, by the end of June 2021, about 90% of Chinese miners were forced to completely stop mining digital assets.
More and more opportunities down the road
Industry News

More and more opportunities down the road

On Monday Visa announced that it now makes payments in the USDC (USD Coin) on the Ethereum blockchain. As appeared, Visa is now considered as the first major payments network with Stablecoin as a settlement currency, though previously settling payments in fiat currencies only.
You can still capitalize on the BTC upsurge!
Industry News

You can still capitalize on the BTC upsurge!

During an interview on CNBC’s “Squawk Box” Anthony Scaramucci compared Bitcoin’s future to Amazon shares. “Bitcoin is 12 years old. Amazon shares had a 64x return on your money from 2009 to 2021 after the 12th year,” Scaramucci said, noting that nobody expected Amazon shares to soar up in the next dozen years. They have actually surged more than 3,600% from the company’s IPO in May 1997 to May 2009.
Incredible Сrypto Bull Run Since 2017
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Incredible Сrypto Bull Run Since 2017

The traditional financial landscape has drastically changed so far and a growing number of institutional investors are flocking to Bitcoin. Some of them like the stock market bulls are cooperatively purchasing the largest amount of BTC assets.
Bitcoin strengthens its position
Industry News

Bitcoin strengthens its position

The big news in the cryptocurrency world! The world's first Bitcoin exchange-traded fund is off to a hot start. Missed that info? Well, just keep reading.
Why do you need to start mining now?
Industry News

Why do you need to start mining now?

Bitcoin has surged over the last few months and is breaking new records. Experts predict the future of cryptocurrency, and global companies continue to invest more in BTC. The question is, will it continue to rise, and should you start the race for Bitcoins now?