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Cryptocurrency is a medium of exchange, namely digital cash and crypto currency. It can be sold or bought and is used to purchase goods and services online. What makes it different from the ordinary currency is that it is secured by cryptography and a network of computers verifying every transaction. As decentralized digital money, cryptocurrency is based on blockchain technology. The most widely used cryptocurrencies nowadays are Bitcoin, Ethererum, LiteCoin, and Ripple.
While initially rolling out to eligible U.S. PayPal customers, this stablecoin is poised to play a pivotal role in bridging the gap between traditional fiat currencies and the rapidly evolving realm of digital assets.
The price of Bitcoin surpassed $30,000 on June 21, marking the first time it has reached this level since April. The world's leading cryptocurrency experienced a growth nearly 10%, peaking at the $30,749.45 mark.
Instagram users will soon be able to create their own NFTs and sell them to followers and fans both on and off the social media platform. Meta itself will not charge fees for creating and selling NFTs until 2024.
The Swiss city of Lugano is expanding its integration of cryptocurrency into the city's infrastructure. Local McDonald's restaurants have now started accepting Bitcoin, Tether (USDT), and LVGA payments.
Meta asks Novi users to withdraw funds as soon as possible. If someone forgets to withdraw the remaining balance, the company will "attempt to transfer" the funds to the bank account or debit cards added to the service.
Cryptocurrency trading and investing platform Coinbase launched its new NFT marketplace available to a small number of beta testers who will be able to create, buy, sell, and share NFTs.