The United Nations (UN) mission in Kenya recently praised a local blockchain-based community inclusion currency (CIC) initiative for its part in helping to reduce poverty in one of the country’s poor informal settlements. The mission’s sentiments follow a tour of the Mukuru informal settlement by its resident coordinator, Stephen Jackson. In a tweet, the mission …
Yearly archives: 2021
US Regulators Have Imposed $2.5 Billion Penalties on Crypto Firms and Individuals
A new report shows that U.S. regulators have imposed fines and penalties totaling $2.5 billion on crypto firms and individuals so far. The U.S. Securities and Exchange Commission (SEC) has imposed the most fines, followed by the Commodity Futures Trading Commission (CFTC). Meanwhile, the U.S. Treasury’s Office of Foreign Assets Control (OFAC) is the latest …
Continue reading “US Regulators Have Imposed $2.5 Billion Penalties on Crypto Firms and Individuals”
Andreessen Horowitz Says Crypto Is ‘the Future of Finance’ — Launches $2.2 Billion Crypto Venture Fund
Andreessen Horowitz, the Silicon Valley venture capital firm founded by Marc Andreessen and Ben Horowitz, has announced the launch of a $2.2 billion crypto fund. The firm is “radically optimistic about crypto’s potential to restore trust and enable new kinds of governance.” Andreessen Horowitz Launches $2.2 Billion Crypto Fund Andreessen Horowitz announced the launch of …
Sushi to Launch Full Product Suite on Harmony
Since deploying natively on Harmony’s blockchain in May, Sushi is now deepening its collaboration with Harmony after revealing plans to bring its full decentralized finance (defi) product stack onto the blockchain with accompanying incentives designed to drive greater participation. Meanwhile, decentralized exchange (dex) competition continues to swell. Partnership Expansion Accompanies $4 Million in Incentive Campaigns …
Continue reading “Sushi to Launch Full Product Suite on Harmony”
PlanB feeling ‘uneasy’ as 41% of his followers tip $100K BTC won’t happen this year
PlanB, the brainchild behind the Bitcoin stock-to-flow model, has revealed he is feeling “uneasy” about his renowned price predictions due to the recent downtrend in markets. The stock-to-flow (S2F) model, which has predicted BTC prices with some degree of accuracy over the past two years, has been called into question by some of his followers …
50,000 electric vehicle charging stations in Europe to offer crypto payments
Two payments firms have partnered to roll out crypto payments across 50,000 electric vehicle (EV) charging stations in Europe. The partnership is between Irish e-commerce and mobile payment solutions firm HIPS Payment Group Ltd and Vourity, a Swedish firm that specializes in unattended payment facilities such as EV charging stations. The integration of crypto payments …
Continue reading “50,000 electric vehicle charging stations in Europe to offer crypto payments”
Top Trader Says He’s Buying Explosive Altcoin That’s Dramatically Outperforming Bitcoin, Ethereum and Crypto Markets
An analyst with a large following in the crypto space says he’s stockpiling an altcoin that’s significantly outperforming both Bitcoin and Ethereum during the major market downturn. The pseudonymous trader Capo tells his 135,000 Twitter followers that he is steadily increasing his supply of Constellation Network (DAG), an open source platform designed to allow developers …
Shanghai Man: China retains mining control? Alipay’s ancient NFTs and Amber’s big raise
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. So low you’ve got to reach up to touch the bottom This week in China felt like one giant mining-farm sized pile of …
Bitcoin hits $35K after Biden reveals infrastructure deal, Paraguay proposes BTC bill
Bitcoin (BTC) price received a boost as news that lawmakers in Paraguay plan to present a bill to make BTC legal tender spread across Twitter. Shortly after the unconfirmed news surfaced on Twitter, Bitcoin price rallied to $35,289 before slightly pulling back below the key short-term resistance level. Congratulations Paraguay • a bill has been submitted …
Portuguese national football team launches fan token with Socios
Blockchain-based sports platform Chiliz has partnered with the Portuguese Football Federation to release fan tokens on Socios. In a Thursday announcement from Socios, the platform said it will be dropping tokens for the Portugal national football team, also known as A Seleção or “The Selection,” within the next few days for local fans. As with …
Continue reading “Portuguese national football team launches fan token with Socios”
Ripple catches another break as court allows access to SEC’s internal trading policies on XRP
Ripple Labs’ request to access the US Securities and Exchange Commission’s (SEC) non-public policies regarding agency employees buying and selling XRP and other cryptocurrencies was granted by the appointed judge, according to XRP holders’ legal representative. Meanwhile, Ripple’s lawyer claims the SEC intends to file a motion and quash the company’s deposition subpoena served on …
Suspicions, ‘Whackd,’ and conspiracies: Aftermath of crypto proponent John McAfee’s death
John McAfee reportedly died in a Catalan prison hours after the Spanish High Court agreed to extradite him to the U.S to face tax evasion charges. He was considered a crypto expert following his participation in the space. McAfee, known for his over-the-top lifestyle, famously said in 2017 that he would eat his own member …
Former NYSE President Says for Bitcoin to Exceed Gold It Needs to Be Accepted More as Currency
On June 24, the CEO of Far Peak Acquisition Corp. and former New York Stock Exchange (NYSE) president, Thomas Farley discussed the future of bitcoin and gold on the CNBC broadcast Squawk Box. Farley is optimistic about the leading crypto asset but he doesn’t believe it will surpass gold’s $10 trillion market capitalization unless it’s …
Chainlink and OVR Collaborate on a $65k Prize Distribution
sponsored After OVR announced its integration with Chainlink on June 10th, now the team is proud to explain all the rules of OVR prize distribution powered by Chainlink Verifiable Random Function. In fact, OVR decided to collaborate with Chainlink VRF to determine the winner of its $15k OVR token prize extraction reserved to treasure hunters …
Continue reading “Chainlink and OVR Collaborate on a $65k Prize Distribution”
Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares
Cathie Wood, the founder of Ark Invest, bought the dip this Tuesday when Bitcoin prices tumbled below $30K. According to reports, Ark acquired more than one million shares of the Grayscale Bitcoin Fund. The company also bought more Coinbase shares. Wood has a positive stance on crypto and keeps predicting Bitcoin will reach a long-term …
Continue reading “Cathie Wood Bought the Dip: Ark Invest Purchases One Million GBTC Shares”