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Showing posts from March, 2022

Coinbase to Require Recipient Information for Crypto Transfers From Users in Canada, Singapore and Japan

  Customers in those countries who send crypto outside their Coinbase accounts must provide recipients’ names, addresses and in some cases, additional information, as of early April. Cryptocurrency exchange Coinbase Global (COIN) will soon require its customers in Canada, Japan and Singapore who send cryptocurrency to another financial institution or exchange to provide the name, address and in the case of Japan, the destination wallet of the recipient. Coinbase has been sending notices to its customers in those countries that the changes will take effect in early April in order to comply with local travel rules in those places. Coinbase didn't immediately respond to requests for additional comment on the moves, but confirmed that they were taking place. The move  does not seem to be going over well  with Coinbase customers in those countries, who value the anonymity of transactions using cryptocurrency. According to a  FAQ provided by Coinbase , for Canadian users, sending more th

How to exchange DEC for HIVE

  Another question that is always asked of me and it takes some work to answer is how to withdraw the  DEC  (Dark Energy Crystals), whether to rent cards at  Peakmonsters  or even to send the amount to  Binance  or another cryptocurrency broker. Binance  does not have the  DEC  token listed, but  HIVE  does, and  Peakmonster  so far only lets you rent cards with  HIVE , so I will explain the process of exchanging your  DEC  for  HIVE . It may seem complicated at first, but it is quite a simple process. Assuming you already know how to manage your  HIVE  blockchain keys and access your  Hive Wallet , then here we go. Note : When you buy the  Spellbook , you automatically receive a  HIVE  blockchain account, and you can order your  HIVE  Keys. To understand how to use the keys correctly, I recommend this article: Hive Wiki - Hive Keys Management To manage your account and access your  Hive Wallet  I recommend this platform: PeakD Come on! The simplest process is to send the DEC to the  H

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Aavegotchi Poised to Morph into Play-to-Earn Game on March 31

NFT project Aavegotchi, the playable characters loaded with Aave’s interest-bearing tokens, are getting their own little gaming universe.  The Gotchiverse will launch March 31, The Defiant has learned. Aavegotchi  are NFTs that work now somewhat like  Tamagotchis  of the late ’90s and somewhat like digital piggy banks. Owners have to care for them so they grow and also so they don’t decay. But the  Gotchiverse  is the next phase of these characters’ evolution. It’s a 3D space where the characters can move around, meet each other, gather fresh tokens, make stuff and eventually battle against invaders. With this new virtual world, Aavegotchi makes the transition to a complete  play-to-earn  game, where players have strong incentives to play a lot and gather up in-game assets that correspond to ERC-20 tokens which will presumably have real world value. It will also be a way of making the community of Aavegotchi owners even more real by giving them real time ways to interact beyond Discor

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