Florida Governor DeSantis Shows Resolve in Bet on Digital Assets

HodlX Guest Post  Submit Your Post   Florida Governor Ron DeSantis isn’t fazed by the recent volatility in cryptocurrency, which is widely aligned with a broader dip across markets. From the uncertainty around Covid-19 and the budding situation in Ukraine, the markets have been undeniably affected. But the southern governor continued to press onward, supporting a …

Jack Dorsey on UBI: Bitcoin encourages transparency, long-term thinking

Twitter co-founder and Block (previously Square) CEO Jack Dorsey discussed the implications of a Bitcoin (BTC)-powered universal basic income (UBI) strategy with US congressional candidate and a full-time elementary school teacher, Aarika Rhodes.  “Obscurity of information forces and incentivizes people to negative (financial) behaviors that don’t work for them, their community or family,” said Dorsey …

DAOs are meant to be completely autonomous and decentralized, but are they?

While the organizational structure of a decentralized autonomous organization (DAO) is fundamentally meant to be “decentralized,” some of the biggest DAO protocols including Uniswap are not. A lot of the day-to-day activities within DAOs still involve a few core members of the organizations to make major decisions. This raises the question as to whether DAOs …

Only 6 of 18 exchanges have fully adopted Bitcoin SegWit update

Segregated Witness, or SegWit for short, is a Bitcoin protocol extension that was activated on the network in August 2017. The primary reason for introducing SegWit is to increase the scalability of the Bitcoin blockchain. Before SegWit was activated, the Bitcoin network often ran into congestion issues due to users filling up the one-megabyte block …

Boston Fed and MIT release the first results of their CBDC research

Dubbed Project Hamilton, exploratory research between the Federal Reserve of Boston and the Massachusetts Institute of Technology’s (MIT) released the first round of results in modeling a digital dollar. The results of the initial technological research into a central bank digital currency (CBDC) were published accompanied by an open-source code in github for contributions. The …

Belarus Moves to Allow Investment Funds to Acquire Crypto Assets

The crypto-friendly nation of Belarus is preparing to permit investment funds to put money into digital currencies. A proposal to do so is part of a package of necessary legal changes tailored to attract such institutions to the country. Finance Ministry Takes Steps to Facilitate Crypto Investments in Belarus Amendments aimed at luring investment funds …

Metaverse Real Estate Sales Expected to Reach $1 Billion This Year

Real estate sales in the metaverse are expected to reach a billion dollars this year, according to a metaverse analytics firm. The company expects real estate sales on four major metaverse platforms, which surpassed $501 million last year, to double this year. $1 Billion Metaverse Real Estate Sales Expected This Year Real estate sales on …

US Lawmaker: Crypto Assets Are Here to Say, Diversified Portfolios Should Have Crypto Exposure

U.S. Senator Pat Toomey says that crypto assets are here to stay and “a thoroughly diversified portfolio should have some.” The lawmaker added that he has a “very simple” investing strategy — diversify. US Lawmaker Says Crypto Is Here to Stay U.S. Senator Pat Toomey talked about cryptocurrency on CNBC Wednesday. The senator was asked …

FTX Teams with StockTwits To Ease Crypto Trading Experience for Traders

Popular social media platform devoted to investors, traders, and entrepreneurs, SocialTwits has collaborated with the Bahamian cryptocurrency exchange FTX to venture into the industry. With this integration, StockTwits will allow investors to purchase and trade cryptocurrencies directly through the official app interface. The company is looking forward to expanding its services in the multi-billion-dollar crypto …

Coinbase’s Philosophy on Account Removal and Content Moderation

By Brian Armstrong In the last few years, it’s become increasingly common for tech companies to censor customers or close their accounts for a range of reasons (e.g., misinformation). Luckily, as a crypto business we don’t face this issue as frequently as a social network does, but we still need to set clear policies around …

Get your tax refund into Coinbase when you file with TurboTax

By Bipul Sinha, Senior Product Manager, Coinbase With tax season officially underway, customers expecting a refund might be wondering what to do with their extra cash. Now, Coinbase customers can get tax refunds automatically deposited into Coinbase as USD, where it can be immediately converted into crypto, when they file with TurboTax. Customers will receive …

Solana And Ethereum Recover After Registering Double-Digit Gains

Ethereum and Solana especially galloped up on their charts significantly in the last 24 hours. Bitcoin had also reclaimed the $40k price mark at the time of writing therefore major altcoins followed a similar price movement. The massive attack on Wormhole which is an eminent bridge protocol between Solana and Ethereum caused ETH to lose …

Cardano Developer Reveals Progress On Scaling Protocol Hydra

Cardano announced its Hydra protocol last year and has continued to develop on it ever since. The project which finally gained smart contract capability in 2021 has been making strides in proving that it is a force to be reckoned with in the space. Its decentralized finance (DeFi) space has begun to take off. Now, …

Solana Price Soars 10% As $325 Million Reinstated on Wormhole

The Solana price has been on an upswing ever since the bloodbath that followed DeFi’s largest hack of 2022. The Wormhole network stated that stolen money had been restored, giving Solana price some much-needed relief. Related Reading | Solana price recovers from downtrend after $325 million restored on Wormhole network After hours of being lost …

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