Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well as their impacts on supply chains. New Bill Introduced to Improve …
Tag archives: Bitcoin
SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC has been criticized for taking an enforcement-centric approach to regulating the crypto industry. SEC Chair Says Crypto Will Not End Well Staying Outside Regulations SEC …
U.S Senate candidate proposes Fort Nakamoto as a strategic Bitcoin reserve
The COO of VC firm Thiel Capital and U.S Senate candidate Blake Masters wants to set up “Fort Nakamoto” – a “strategic reserve of Bitcoin,” which he likened to Fort Knox and gold. This move was inspired by China’s renewed crackdown on cryptocurrency last week, which led to further downturns across the market. Masters intends …
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Fat-fingered $22.5 million Ethereum gas fee returned to Bitfinex
The miner who received over seven thousand Ethereum as an incorrectly paid transaction fee has returned (most of) the funds. In a tweet, decentralized crypto exchange wallet app DeversiFi thanked the miner at the heart of the storm for returning the money following Bitfinex’s embarrassing blunder. While some say the miner is a fool for …
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Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’
Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments has exploded this year.” Major Retailers Will Soon Be Able to Accept Cryptocurrency …
World-Famous DJs Paul Oakenfold, Carl Cox, Paul Val Dyk Spin and Crossfade Into the NFT Universe
While celebrities and athletes have been jumping into the non-fungible token (NFT) scene headfirst, a large quantity of music acts have also entered the NFT industry. On Tuesday, a lineup of world-famous DJs are being represented in a newly launched NFT collection called Djenerates. The NFT collection is supported by prominent DJs like Carl Cox, …
Green Bay Packers Running Back Aaron Jones Joins Crypto Exchange FTX’s Ambassador Team
On Tuesday, the crypto firm FTX Trading Ltd, announced that the Green Bay Packers running back Aaron Jones has joined the company as an FTX Ambassador in a long-term partnership. The collaboration with the NFL player follows the firm’s partnership with seven-time Super Bowl winner Tom Brady and his wife Gisele Bündchen. FTX Inks Long-Term …
Why Deutsche Bank sees Bitcoin (BTC) becoming ’21st century gold’
Why Deutsche Bank sees Bitcoin (BTC) becoming ’21st century gold’ | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest Bitcoin › Germany › Banking No more volatile than gold was for centuries, Bitcoin has the potential to replace the precious metal, Deutsche Bank believes. Andjela …
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The ‘Crypto Kiosk’ at Art Basel is bringing NFTs mainstream
ArtBasel is back but not as we know it. One of the most prestigious art fairs in the world has adopted NFTs this week. The highly respected exhibition is showcasing a range of NFTs through the Galerie Nagel Draxler. When you see NFTs popping up at ArtBasel you know that things just got a little …
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Cryptocurrency Derivatives Exchange Bitget to Sponsor Juventus as Its First-Ever Sleeve Partner
sponsored Singapore-based cryptocurrency derivatives exchange Bitget announced a partnership with Juventus to become its sponsor. According to the agreement, Bitget will act as Juventus official partner and official cryptocurrency exchange partner, and also its first-ever sleeve partner. Established in 1897, Juventus is one of most time-honored and award-winning football clubs worldwide. It was the first …
23,250 ‘Sleeping Bitcoins’ Spent in 2021: This Year Old School Miners Moved $1 Billion in BTC From 2010-2013
On Bitcoin’s 12th anniversary, a mystery miner from the early days spent 1,000 decade-old bitcoins that were mined in 2010. The strange miner was not the only entity that spent 2010 BTC block rewards during the last nine months, but this miner returned on a few occasions to spend strings of ten-year-old block rewards. As …
Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to Finiko
The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victims of the Ponzi scheme, Russia’s largest in recent years. Finiko Members Under Investigation in Samara, Russia The Russian Ministry of …
Blockchain Startup Triall Introduces a Tokenized Ecosystem to Speed Up and Improve Medical Research
press release PRESS RELEASE. Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million USD. AMSTERDAM, Sept 28, 2021 – Blockchain startup Triall launched its main utility token TRL in an initial DEX offering (IDO) on Uniswap at 13:00 UTC today, after raising more than …
This crypto ad exec tells us how the industry will evolve and why transparency is so important
CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain. What is the professional background of the Paradox founders and what is their previous experience in crypto? I am a blockchain, fintech, and cryptocurrency specialist …
DeFi protocol run by ex-Coinbase dev just did $3.6 billion in daily trading volume
dYdX (DYDX), a decentralized derivatives exchange that runs on Ethereum (ETH), has surpassed Coinbase’s volume for the first time, executing over $3.6 billion in trades in a 24-hour period. The protocol’s success came in the midst of Beijing stepping up its clampdown on crypto, which spurred the recent interest in decentralized exchanges (DEXs) and other …