Tesla CEO Elon Musk and Shark Tank star Mark Cuban see dogecoin as the “strongest” cryptocurrency when it comes to using it as a means of payment. To promote the use of dogecoin further, the NBA team Dallas Mavericks will be offering “special pricing for those who pay with dogecoin.” Elon Musk Agrees With Mark …
Monthly archives: August 2021
UK Police Seize USB Stick With Ethereum Worth $9.5 Million
British detectives have seized $22.25 million from operators of an international cryptocurrency scam. Among the items seized was a USB stick containing ethereum worth $9.5 million. The police are now attempting to contact the victims of this scam to return their funds. UK Police Seize Crypto in USB Stick The U.K.’s Greater Manchester Police announced …
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Pro-Crypto House Lawmakers Are Fighting Digital Currency Clause in Infrastructure Bill
As the heavily debated infrastructure bill makes its way through Congress, proponents of cryptocurrencies are speaking up in the U.S. House of Representatives in an effort to combat controversial crypto legislation. The unmodified bill imposes requirements on crypto exchanges and other entities to report transactions to the Internal Revenue Service (IRS) for tax-reporting purposes, which …
Bullish Ethereum traders can place risk-averse bets with this options strategy
Being bullish on Ether (ETH) has paid off recently because the token gained 60% in the last 30 days. The spectacular growth of decentralized finance (DeFi) applications likely fueled inflow from institutional investors, and the recent London hard fork implemented a fee burn mechanism that drastically reduced the daily net issuance. Although Ether is not …
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Five Tax Mistakes All Crypto Investors Should Avoid
Cryptocurrency has grown increasingly popular among aggressive traders due to its substantial volatility relative to equity and forex markets. Cryptocurrency or crypto has grown increasingly popular among aggressive traders because of its substantial volatility relative to the equity and forex markets. Although the same technical analysis techniques apply, numerous distinct variations exist between cryptographic and …
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Could Yoroi be the MetaMask of the Cardano (ADA) ecosystem?
Emurgo signals its intent to turn the Yoroi wallet into the MetaMask of the Cardano ecosystem. The announcement coincides with the rollout of Alonzo Purple, which is the final test phase before smart contracts go live. What’s the big deal with MetaMask? MetaMask enables users to store and manage account keys, broadcast transactions, send and …
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Does Jack Dorsey Support Voluntaryism? Twitter CEO Shares Murray Rothbard’s Book ‘Anatomy of the State’
Ever since the CEO of Twitter and Square, Jack Dorsey, started appreciating the crypto asset bitcoin, crypto enthusiasts have been following his coattails. However, there are very mixed views about Dorsey because while some people adore him, others are skeptical of his goals as his firm has been accused of mass censorship. Then on August …
Dionne Warwick to Headline DOGE-Themed Festival Dogepalooza 2021
While dogecoin fans saw the first crypto-scented Dogecan body spray made by Axe, Oscar Mayer’s 10-pack of dogecoin branded weenies, and an augmented reality game called Dogemon Go, supporters now have the opportunity to attend a DOGE-centric festival called “Dogepalooza.” The dogecoin-themed event will have live entertainment from major artists like Dionne Warwick, Damon Elliott, …
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British Court Orders Binance to Identify and Freeze Hackers’ Accounts After a User Claims Funds Stolen
A U.K. judge has reportedly ordered cryptocurrency exchange Binance to identify hackers and freeze their accounts after one of its users claimed to be the victim of a $2.6 million hack. Binance Ordered to Help Recover Funds Allegedly Stolen in a Hack A London high court has ordered global cryptocurrency exchange Binance to identify hackers …
PlanB Maintains $100K Bitcoin Prediction, Reveals When His Model Would Be Invalidated
Quantitative analyst PlanB says he believes that his end-of-year price forecast for Bitcoin will be realized. Speaking on the What Bitcoin Did podcast, PlanB says that he’s keeping faith in the stock-to-flow model he popularized in the cryptocurrency space. The stock-to-flow model, typically used in valuing traditional assets, aims to predict price by measuring existing …
This Iconic 92-Year-Old US Magazine Plans To Hold Ethereum
US business magazine Fortune says it will hold half of the proceeds from the recent sale of its non-fungible tokens (NFT) in crypto. In its first-ever NFT auction held on August 6th, the magazine sold a set of 256 digital collectibles of animated cover art priced at one Ether (ETH) each. The cover art is …
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Ethernity Releases Manny Pacquiao Collection in Collaboration With Rikognition
August 14, 2021 – Las Vegas, Nevada Ethernity, the groundbreaking authenticated NFT project, is releasing a set of digital art NFTs and trading cards commemorating Manny Pacquiao, the famous boxer turned politician and philanthropist. The centerpiece of the collection is a close up and highly realistic portrait “PacMan” by Rikognition. PacMan, named after Pacquiao’s popular …
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Infrastructure bill passes, Coinbase posts $1.6 billion in Q2 profit, $600 million stolen in DeFi hack: Hodler’s Digest, Aug.8-14
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week Infrastructure bill passes US Senate — without clarification on crypto …
Wealth managers gain exposure to Bitcoin via Grayscale, according to new SEC filings
New filings with the United States Securities and Exchange Commission, or SEC, reveal that four wealth management companies have acquired shares of Grayscale’s Bitcoin Investment Trust, offering further evidence of institutional adoption of digital assets. As first reported by MacroScope, a Twitter feed devoted to institutional trading and asset management, the firms disclosed their GBTC …
These Are the Five Countries Paving the Way for Crypto Adoption, According to Binance
As crypto adoption continues to sweep across the globe, major crypto exchange Binance is showcasing five standout countries that it says are leading the way. In a recent blog post, Binance covers the various catalysts driving crypto adoption and highlights five particular countries that are seeing accelerated growth based on data pulled from Statista’s global …