Crypto and Web3 News

News

• Bitcoin (BTC) is up 3% in the last 24 hours and is currently trading at ~ $27,300.

• Ethereum (ETH) is up 5% in the last 24 hours and is currently trading at ~$1,850.

• Binance Coin (BNB) is up 7% in the last 24 hours and is currently trading at $314.

• Tether (USDT) is up 0.1% in the last 24 hours and is currently trading at $1.

• USD Coin (USDC) is up 0.1% in the last 24 hours and is currently trading at $1.

Regulations

• The European Union is set to approve a new law that would require cryptocurrency exchanges to register with national authorities and to comply with anti-money laundering regulations.

• The United States Securities and Exchange Commission (SEC) is reportedly investigating the sale of a $100 million non-fungible token (NFT) by the Bored Ape Yacht Club.

• The People's Bank of China (PBOC) has reiterated its ban on cryptocurrency trading and mining.

Web3

• The decentralized finance (DeFi) protocol Aave has launched a new feature that allows users to borrow and lend cryptocurrency without having to provide collateral.

• The non-fungible token (NFT) marketplace OpenSea has raised $300 million in a Series C funding round led by Andreessen Horowitz.

• The web3 infrastructure company Alchemy has raised $250 million in a Series C funding round led by Coatue Management.

Why buy crypto with a debit or credit card?

There are several reasons why you might want to buy crypto with a debit or credit card. First, it is a quick and easy way to get started with crypto. Second, it allows you to purchase small amounts of crypto, which can be a good way to dip your toes into the market. Third, it can be a more secure way to buy crypto, as you do not have to store your private keys on an exchange or in a wallet.

If you are considering buying crypto, I recommend using a reputable exchange like Coinbase or Gemini. These exchanges offer a variety of features and tools that can help you get started with crypto. They also offer a variety of security features to protect your funds.

Here are some of the benefits of buying crypto with a debit or credit card:

• Quick and easy: You can buy crypto with a debit or credit card in just a few minutes.

• Convenient: You can buy crypto from anywhere with an internet connection.

• Secure: Your credit or debit card information is protected by the same security measures that are used to protect your online purchases.

• Flexible: You can buy any amount of crypto that you want, without having to worry about minimum purchase requirements.

If you are new to the world of crypto, I recommend starting by buying a small amount of Bitcoin or Ethereum. These are the two most popular cryptocurrencies and they offer a good starting point for learning about the market. Once you have a basic understanding of how crypto works, you can start to explore other cryptocurrencies.

Remember, crypto is a volatile asset and you should only invest what you can afford to lose.