A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed. Bill Introduced to Prohibit the Fed From …
Yearly archives: 2022
Bitcoin.com Games Releases its Very First Crash Game Space XY
Play a brand new crash game on Bitcoin.com’s crypto casino brought to you by BGaming! First-Ever Space Crash Game on Bitcoin.com Games Crash gambling is a type of casino gaming genre that includes a pretty simple and fun-to-play mechanic. It is relatively new and is oftentimes found to capture the imagination of modern-age gamers that …
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Nifty News: Mike Tyson loves Solana, Aoki stops show to flaunt NFT, Apple and the ‘AR Verse’
Mike Tyson is living the $DREAM Boxing icon Mike Tyson has stepped into the ring this week, after he shared his enthusiasm for Solana and unveiled a partnership with mental health-focused crypto project TheDreamChain ($DREAM). In the first round, Tyson — who previously launched an NFT project on Ethereum via OpenSea last year — tweeted …
Announcing our second developer grant winners
By Trent Fuenmayor, Program Manager, Coinbase Giving In August, we made a call for applications through our Crypto Community Fund focused on blockchain developers who contribute directly to a blockchain codebase, or researchers producing white papers. Today, we’re excited to announce the Fund’s second batch of developer grants to 6 recipients: AMIS Technologies, Josie, Escanor Liones, …
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Tether Freezes Over $150M+ Worth Of USDT Stablecoin
Tether has been one of the biggest question marks in crypto in recent years, and that hasn’t changed as adoption has grown. Decentralization has been a hot topic, and while the word itself isn’t mentioned once throughout Satoshi Nakamoto’s Bitcoin whitepaper, it is a core identity that has been latched on to bitcoin, and crypto …
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Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System
Block, formerly known as Square, is working on an open-source bitcoin mining system, according to CEO Jack Dorsey. He referenced a more detailed thread on the project’s objectives by the company’s general manager for hardware, Thomas Templeton. We’re officially building an open bitcoin mining system ✨ https://t.co/PaNc7gXS48 — jack⚡️ (@jack) January 13, 2022 Block Is …
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Why Sovereign Nation States May Begin Acquiring Bitcoin In 2022
Bitcoin has grown from being ‘internet money’ used by only a few thousand people during its first few years to being part of the balance sheets of big companies and sovereign states. El Salvador is a case in point for a country that has committed fully to the bitcoin mission, putting millions of dollars into …
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Bitcoin Revisits $44k As Exchange Outflows See Uptick
Bitcoin has enjoyed some uptrend over the past day as the crypto once again visits the $44k price level. On-chain data suggests that an uptick in exchange outflows may be behind the move. Bitcoin Exchange Outflows Observe A Spike In The Past Couple Of Days As pointed out by an analyst in a CryptoQuant post, …
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Bitcoin Is Massively Overvalued, Billionaire ’Bond King’ Jeff Gundlach
Billionaire Jeff Gundlach has shared his thoughts around bitcoin, saying that the digital asset is massively overvalued. Gundlach who is also known as the ‘Bond King’ is the founder of the investment firm, DoubleLine Capital. Bitcoin which has suffered numerous dips that have caused it to lose over 30% of its all-time high value continues …
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Crypto crime’s overall impact set to fall even further in 2022: Chainalysis
The coming year is likely to see crypto related crime reduce to an ever smaller share of the overall industry as law enforcement takes greater advantage of the transparency provided by blockchain technology, says Kim Grauer, Director of Research at Chainalysis. According to a January 6 report from Chainalysis, the growth of legitimate cryptocurrency usage …
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Vitalik deluged after asking for the ‘most unhinged’ criticisms about him
Ethereum co-founder Vitalik Buterin asked for, and received in spades, examples of “the craziest and most unhinged criticisms” of him on Twitter and elsewhere. Buterin’s lighthearted request came in a Jan. 14 tweet in which he shared some of his own favorite criticisms and revealed the Ethereum (ETH) creator’s lighter side. More than 500 people …
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Second Life creator returns to lay claim to the Metaverse
It looks like Second Life might be approaching its second coming, with creator Philip Rosedale returning to the project as it prepares to tackle the Metaverse.
Shiba Inu (SHIB) fetches 30% gain on Robinhood listing rumor and bullish chart pattern
Shiba Inu (SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form. The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in trading volume. That shows that investors have been less concerned about the downtrend. As a result, …
Twitter CEO Jack Dorsey Launches New Legal Defense Fund To Protect Bitcoin Developers From Lawsuits
The former head of Twitter is spearheading a new effort to advocate on behalf of Bitcoin (BTC) developers in legal matters. Jack Dorsey announced the creation of the nonprofit Bitcoin Legal Defense Fund (BLDF) in an email sent to members of the developer community. “The Bitcoin community is currently the subject of multi-front litigation. Litigation …
Congressman Introduces Bill To Limit Federal Control of US-Backed Crypto Assets
A US Representative is introducing a bill that would prevent the Federal Reserve from issuing government-backed crypto assets directly to individuals. Congressman Tom Emmer of Minnesota says that the Federal Reserve issuing a central bank digital currency (CBDC) would centralize the financial information of Americans, leaving them open to surveillance from their own government. “As …
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