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Meliuz, a prominent Brazilian company, has achieved a significant milestone by becoming the first Bitcoin treasury company in the country. This transformation was made possible after receiving approval from its shareholders. Embracing Bitcoin as part of its treasury strategy marks a groundbreaking move for Meliuz and sets a new standard in the Brazilian business landscape. [...]
On Thursday, digital asset custody provider, Bitgo, announced the launch of its storage and tracking solution for Bitcoin-based Ordinal inscriptions. Moreover, users can use Bitgo’s Ordinal inscription storage system to inscribe their own inscriptions onto the Bitcoin blockchain. Bitgo’s New Solution Allows for Safe Sending of Ordinal Inscriptions Bitgo has announced a new storage solution [...]
The post Bitgo Launches Storage and Tracking Solution for Bitcoin-Based Ordinal Inscriptions appeared first on Crypto Breaking News.
Circle to Introduce USDC Stablecoin in Japan on March 26 Circle, a leading financial technology company, is set to launch its USDC stablecoin in Japan on March 26. The USDC stablecoin is pegged 1:1 to the US dollar, providing users with a transparent and secure way to participate in the digital currency ecosystem. This move [...]
The post Circle’s USDC Stablecoin Receives Official Approval for Use in Japan appeared first on Crypto Breaking News.
The United States authorities have successfully recovered $7 million that was stolen through a cryptocurrency platform spoof. The stolen funds were returned to the victims as a result of an investigation by law enforcement agencies. The refund was a joint effort between multiple agencies, including the FBI and Department of Homeland Security. The authorities were [...]
The post How Victims of ‘Spoofed’ Crypto Investment Websites Will Receive $7M Refund from US appeared first on Crypto Breaking News.
In a recent report by CoinTelegraph, it was revealed that a Crypto Super PAC network is throwing support behind GOP House candidates in Florida’s special elections. This move highlights the increasing influence of cryptocurrency and blockchain technology in the political landscape. The Crypto Super PAC network consists of individuals and organizations in the crypto industry [...]
The post Florida GOP House Candidates to Receive Support from Powerful Crypto Super PAC Network appeared first on Crypto Breaking News.
A prominent figure in the cryptocurrency space has been sentenced to prison for engaging in wire fraud. The individual, known for their influence in the crypto community, was found guilty of using fraudulent means to obtain funds illegally. This development has shaken the digital currency sector, prompting discussions about ethical practices and transparency. The incident [...]
The post Top Crypto Influencer Receives 45-Month Prison Sentence for Wire Fraud appeared first on Crypto Breaking News.
In a recent submission to the Eighth Judicial District Court in Las Vegas, the Nevada Financial Institutions Division has expressed its intention to take decisive action against the crypto custodian Prime Trust. The regulatory body seeks to not only shut down Prime Trust but also swiftly seize its property, assets, books, papers, documents, and records.
The post Nevada’s Financial Watchdog Seeks Receivership of Crypto Custodian Prime Trust Amidst Insolvency Concerns appeared first on BTC Ethereum Crypto Currency Blog.
CryptoWallet, a crypto startup regulated in Estonia, has successfully renewed its crypto license amid a new push for tighter regulations for the digital assets industry by Estonia’s regulator. The latest cryptocurrency news the platform shared with Invezz on Tuesday notes that CryptoWallet has specifically renewed its Virtual Assets Provider License. The startup says approval under …
<p>The post CryptoWallet receives new crypto license in Estonia first appeared on CCNC | Cryptocurrency Newscast.</p>
The U.S. Federal Deposit Insurance Corporation (FDIC) began an auction process for Silicon Valley Bank (SVB) late Saturday night, according to reports. Final bids are due by Sunday afternoon. Unnamed sources indicate that the FDIC is seeking to close the deal promptly after California regulators closed the bank and placed it into FDIC receivership on [...]
The post Report: Silicon Valley Bank Under FDIC Auction as Calls for Bailout Grow appeared first on Crypto Breaking News.
After Silicon Valley Bank (SVB) experienced financial turmoil, the U.S. Federal Deposit Insurance Corporation (FDIC) and the California Department of Financial Protection and Innovation closed the financial institution. Insured depositors can withdraw their funds on Monday after the FDIC took over the failed bank. Federally Insured Depositors to Withdraw Funds on Monday, Uncertainty Looms for [...]
The post US Regulators Close Silicon Valley Bank in One of the Largest Bank Failures Since Washington Mutual appeared first on Crypto Breaking News.
The Chainlink Community Grant Program provides financial resources to the many development teams and researchers building a more functional, accessible, and socially impactful Chainlink Network. We encourage talented individual developers and development teams to apply to the grant program here, or if you are a researcher and want to collaborate, contact us. We’re excited to […]
Since the digital asset economy is growing daily, it is hard to keep track of everything. This is why having a guide would help you understand the necessary procedures. With the following steps, you should understand how Metamask works and how to receive or send non-fungible tokens.
What is an NFT?Following the recent trends in the non-fungible token (NFT) industry, it is crucial to understand what an NFT is. The NFT industry has attracted some of the biggest names in the digital asset community, accelerating its growth and acceptance. An NFT is data stored in a blockchain, marking it as unique and unchangeable. The word non-fungible means that you cannot replace it.
Many widely known digital assets, like Ethereum, are fungible. Fungible means that you can easily replace the coin with another Ethereum. However, this is quite different from non-fungible tokens because they are unique pieces. NFTs' uniqueness drives their value as artwork bidders pay millions to be owners of some creations. Users can have multiple digital files as NFTs, such as photos, painting, music, and many others.
Recently, there has been a lot of buzz on digital artworks, especially with the number of successfully conducted auctions. The rationale behind the industry's rapid growth could be due to the growing interest in collecting artworks, especially by deep-pocket bidders. Most NFTs utilize the Ethereum blockchain, making it essential to know how to transfer and receive with Metamask.
How does Metamask work?Metamask is a cryptocurrency wallet that allows users to store and interact with Ethereum-based assets. Funded by ConsenSys, users can store ETH-20 and Ether in the wallet. You can install the wallet as an extension on your browser. Similarly, you can also decide to have the wallet as an application on your smartphone. With this wallet, users can transfer to Ethereum addresses. Before sharing or receiving an NFT, you need a Metamask wallet.
The first step in creating an account is installing its extension or application through the official website. After the installation, users can create a wallet and add a password to complete the process. The account creation process is relatively simple once you get your seed phrase. Also, ensure to write your seed phrase somewhere, preventing loss of access to your account.
https://cryptoticker.io/en/metamask-review-what-is-metamask-how-to-use/ How To send NFTs through MetaMaskPresently, sending and receiving NFTs is only available for the Metamask application on mobile devices. According to MetaMask, the feature will soon be available for extensions. Before sending NFTs, users need to follow a quick procedure. Most NFTs are ERC-721, the standard for the tokens. The standard implements an Application Programming Interface for the assets. This helps users access their tokens anytime they want and also transfer them to other ERC accounts.
It is safe to ensure that you send the NFTs from your mobile application to prevent your assets from getting lost. The first step is getting adequate gas for the transfer. If you don't have enough gas for the transfer, your transaction rolls back, and you lose the gas used for the transaction. The next step is clicking on the NFT tab on your device. This tab is conspicuous, and you should easily find it.
After clicking on the NFT tab, the application will take you to a page of numerous NFTs you have. From there, you can pick the one you plan to transfer. While on the new page, you should click send, indicating that you wish to send the NFT to another account. The 'send' tab is below the screen, and this takes you to the next step, requiring you to input the address you want to transfer the NFTs to. After typing in the address, the application requires you to follow a usual procedure before sending out the token.
How to receive NFTs through MetaMaskReceiving NFTs through MetaMask follows a simple procedure. Also, it's noteworthy that receiving NFTs is available for only mobile applications for the time being. Usually, having purchased an NFT from the marketplace, it's often sent directly to your wallet. In instances where you can't find your token, you should go through the following procedure.
The first step is giving the sender your correct address. This is a crucial step to avoid your token from getting lost. You can get your address by going to the wallet extension and clicking your account name. This would provide your relevant address. You can then send the address to the sender to initiate the transaction.
For the next step, ensure you have adequate funds to pay for your gas. Sufficient gas would guarantee the smooth sailing of your transaction. After this step, you can now provide your public address to the sender. Once the sender has completed the transaction, the next step is adding the token to your wallet. You have to go through the process with your application on your smartphone because browser extensions cannot show available NFTs in your wallet.
You can check your newly received NFTs through the mobile application's collectible tab. The most important thing is ensuring you give the right public address. After providing the correct details, everything becomes more accessible.
With the growing interest in the non-fungible token industry, knowing the proper steps to take is crucial. The sector, which has grown massively since the beginning of 2021, has shown some dominance. With the steps above, you can send and receive your NFTs through Metamask without much difficulty.
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The post Easy Guide: How to Send and Receive NFTs on MetaMask appeared first on CryptoTicker.
Canadian Crypto App Founder Concealed 450 Bitcoin, Faces Jail Time The founder of a Canadian cryptocurrency application has been sentenced to jail for hiding 450 Bitcoin from the authorities. The individual, whose identity remains undisclosed, was found guilty of concealing the digital assets in an attempt to avoid paying taxes. The court ruling comes as [...]
The post Canadian Man Receives Extended Prison Sentence for Concealing 450 Bitcoins from Authorities appeared first on Crypto Breaking News.
Market strategist Greg Foss has predicted that Credit Suisse will be the next major bank to collapse, citing capital trouble and a run on the bank. The Swiss banking giant has also identified “material weaknesses” in its financial reporting controls. Its shares plunged on Wednesday after the bank failed to raise capital from its largest [...]
The post Strategist Warns Credit Suisse Next to Collapse — Says ‘There’s a Run on the Bank’ appeared first on Crypto Breaking News.
A transaction on the Ethereum blockchain is technically initiated by an external account owner (not a contract). For example, if User A sends 1 Ether (ETH) to User B, the action of debiting from one account and crediting to another changes the blockchain’s state. The change specifically takes place on the Ethereum Virtual Machine (EVM). [...]
The post How to check an Ethereum transaction appeared first on Crypto Breaking News.
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