At the U.S. Senate Banking Committee hearing Tuesday, Senator Elizabeth Warren called on the chairman of the Securities and Exchange Commission (SEC), Gary Gensler, to increase oversight of cryptocurrency. She brought up several problems she associates with cryptocurrency that could hurt small investors. Senator Elizabeth Warren Says ‘There’s a Whole List of Problems With Crypto’ …
Category archives: Bitcoin News
Bridgewater’s Ray Dalio Warns Regulators Will Kill Bitcoin If the Crypto Becomes ‘Really Successful’
Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, believes that if bitcoin is “really successful,” the regulators will “kill it,” reiterating his previous concerns of governments banning cryptocurrencies. Nonetheless, he sees bitcoin as a good alternative to cash and owns some. Billionaire Hedge Fund Manager Ray Dalio Warns of Regulators Killing …
Cardano (ADA) tops list of most developed projects, outrunning Ethereum two years in a row
Research on blockchain development trends, compiled by Outlier Ventures, shows Cardano is the most developed from a sample of 50 open-source protocols. Over a two-year period, the report aimed to identify development trends, including rising commit levels and protocols that demonstrate consistent levels of core developers. It threw up some notable mentions, such as Avalanche …
DataDash founder Nicholas Merten on how he plans to fix crypto’s “usability” problem
CryptoSlate recently had the opportunity to chat with popular YouTuber DataDash, otherwise known as Nicholas Merten. Nicholas is the founder of both DataDash, one of the largest cryptocurrency YouTube channels with over 470,000 subscribers, and Digifox, the first major app giving all U.S. citizens the ability to receive a portion or all of their income …
AdEx Network announces charity NFT Auction, ADX token burn, and a $6,000 prize
Today saw over 50 unique AdEx NFTs go under the hammer at a crypto auction as part of a broader drive to popularize NFTs and donate a part of the proceeds towards charitable causes, AdEx said in a release shared with CryptoSlate. 🔥AdEx Charity #NFT auction is live Current price is 0.518 Ξ If no …
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Peter McCormack says why Bitcoin is the MOST important technology
Few people in the public Bitcoin space have made more impact than Peter McCormack, a veteran of the crypto markets and host of the popular ‘What Bitcoin Did’ podcast. The Bitcoin allure—as is with most early crypto users—began back when McCormack discovered the asset could be used in the exchange for goods and services on …
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Top drone racing league taps Algorand (ALGO) for crypto, NFT initiatives
Top-ranked professional drone racing property Drone Racing League yesterday announced a long-term partnership with Algorand (ALGO), a high-speed blockchain platform that supports smart contracts. The Future of Finance meets the Future of Sports. @DroneRaceLeague announces a groundbreaking partnership with the leading blockchain technology company @Algorand https://t.co/dI9DyHkJGD — Nicholas Horbaczewski (@NicholasDRL) September 14, 2021 Recognized globally …
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Solana Restarts Mainnet, SOL Users Complain, Dev Says Network Stall Not Similar to ETH in 2016
The blockchain network Solana had issues processing blocks on September 14 and according to a status report on September 15 at 2:01 a.m. (EST), the Solana validator community “successfully completed a restart of Mainnet Beta.” Solana Validators Restart Mainnet Beta Solana is now a member of the club of blockchains that have stalled for several …
Sovryn Lists on AscendEX
press release PRESS RELEASE. AscendEX is thrilled to announce the listing of the Sovryn token (SOV) under the trading pair USDT/SOV on Sept. 15 at 1 p.m. UTC. Sovryn is a Bitcoin-based decentralized finance (DeFi) protocol launched in early 2020. The Sovryn platform provides the tools to trade, lend, and leverage Bitcoin and other assets …
Ground Reports Concerning Salvadoran Bitcoin Law Highlight False Narrative Painted by Influencers
On Tuesday, Bitcoin.com News spoke with Marc Falzon, an individual who has been documenting the bitcoin rollout in El Salvador since the law was implemented on September 7. Falzon says that there are a number of issues that no one is talking about in regard to the bitcoin law and the Chivo wallet, a government-crafted …
Sources With Ties to Washington Say Joe Biden Will Renominate Fed Chair Jerome Powell
Unnamed sources familiar with the matter indicate the Biden administration may allow Federal Reserve chairman Jerome Powell to continue as the central bank’s lead. The news follows three U.S. representatives asking Biden to replace Powell with a central bank leader that addresses equality and climate change. Jerome Powell to Stay for Second Term, Sources Say …
Investor: Coinbase’s $2 billion junk bond deal shows crypto ‘supercycle’ is in place
Coinbase, one of the world’s biggest and most regulated crypto exchanges that went public earlier this year, saw a recent ‘junk bond’ offering close at over $2 billion, showing glimpses of what demand in institutional circles for crypto is like. The exchange saw over $7 billion in orders pour for just $1.5 billion of debt …
‘Bear Market’ NFTs are going live on Zilliqa’s ZilSwap today
A range of cute bear non-fungible tokens (NFTs) went live on the Zilliqa blockchain—a collaborative result of the work of Switcheo Labs and Zilliqa. Not that Bear Market Called ‘The Bear Market,’ the NFTs are a commemorative NFT collection that will be available for pre-sale on 15 September, 8 am UTC. It celebrates both the …
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Data: Bitcoin (BTC) adoption grows 1,200% in Africa
The adoption of Bitcoin in Africa has swelled immensely over the past year, making it the third fastest-growing Bitcoin economy globally. BTC adoption up by 1200% in Africa A report produced by Chainalysis estimated the growth to be over 1,200%, which means there has been an increase in Bitcoin activities carried out by retail investors …
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NY Attorney General Shuts Down Crypto Trading Platform Coinseed That Cheated Investors out of Millions
New York Attorney General Letitia James has secured a court order to shut down cryptocurrency exchange Coinseed. The order also “permanently appoints the court receiver to obtain, safeguard, and return all assets invested and traded through” the exchange. New York Attorney General Letitia James Shuts Down Crypto Exchange The office of New York Attorney General …