Eric Adams – New York’s newly elected mayor – has just confirmed that he will accept his first three paychecks in Bitcoin. This comes shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.” In New York we always go big, so I’m going to take my...Read More
The metaverse is where all the rage is now, and Enjin has ambitious plans to support projects in its ecosystem designed towards a decentralized metaverse. Consequently, the blockchain-powered gaming platform announced the formation of a $100 million fund on November 4th. Dubbed ‘Efinity Metaverse Fund,’ the main objective behind it is to support its partners...Read More
CME Futures, the futures-exchange giant that offers regulated bitcoin services, has secured a massive investment from Google worth $1 billion aiming to transfer its core trading systems to the cloud. The news was first reported by the Wall Street Journal, and informs that the tech giant will provide its cloud services to CME to “power...Read More
The leading cryptocurrency exchange – Binance – and the non-profit association – France FinTech – joined forces to create a €100 million ($116 million) blockchain project in Europe. It will come by the name of “Objective Moon,” whose goal is to support the development of the digital asset industry in France and the rest of...Read More
Jack Dorsey – CEO of Square – recently announced that CashApp would be available to anyone 13 years and older. Notably, CashApp offers users the opportunity to easily purchase Bitcoin alongside stocks. This may mean that, in the near future, teenagers could start purchasing BTC. Bitcoin for Teens? The CEO revealed the news for teens...Read More
Andrew James Bragg, Australia’s senator for New South Wales, recently acknowledged that cryptocurrency enthusiasts in the country are very eager to receive regulations on their activities in the country. Demand for Regulation Continues to Increase In an official statement on Tuesday, Bragg noted that a clear and comprehensive regulatory framework for digital assets will increase...Read More
Former police officer Eric Adams was elected the 110th mayor of New York City over Republican anti-crime activist Curtis Sliwa. Adams had promised to restore the pandemic-ravaged city to its former glory within a year. But this victory can also pave the way for New York to become a Bitcoin hub as visioned by the...Read More
Yves La Rose, the founder of the EOS Network Foundation, discussed the project’s future, its stance on the relationship between EOS and Block.one, while also outlining how it might move forward. EOS And Block.one Parting Ways? Earlier this year, Yves La Rose stepped down as the CEO of EOS Nation. Speaking today, he revealed his...Read More
Zaryn Dentzel, the founder of the popular mobile virtual network operator Tuenti, has had his bitcoins stolen, according to a recent report. The crime transpired in his house after a group of five perpetrators broke in and tortured him for his password containing the BTC wealth. As reported by El Espanol on November 3rd, Dentzel,...Read More
Francis Suarez – the pro-crypto mayor of Miami – vowed to receive his next paycheck entirely in bitcoin. Thus, he can become the first American politician to be paid in the primary cryptocurrency. Proving His BTC Support Ever since the beginning of 2021, Francis Suarez has demonstrated quite a favorable approach towards the cryptocurrency industry...Read More
Gary Gensler – chairman of the Securities and Exchange Commission (SEC) – recently revealed the US government’s completed stablecoin report. It outlines risks associated with such tokens and provides “prudential” recommendations to congress on how to address them. Stablecoins: Benefits and Risks The POTUS’ Working Group on Financial Markets (PWS) produced the report in collaboration...Read More
The infamous whistleblower Edward Snowden opined somewhat negatively on Shiba Inu and its ability to bring fortune to its holders. According to him, the meme coin is nothing more than a “clone of dog money” that can turn to be a highly dangerous investment strategy. Do Not Mortgage The Farm to Buy SHIB In a...Read More
Fast-food giant Burger King has partnered with Robinhood to distribute cryptocurrencies to its customers. All buyers that make a $5 purchase will receive guaranteed Dogecoin, alongside a chance to win ether and bitcoin. Crypto With Your Combo Meal As detailed in a press release from Burger King earlier today, the new crypto giveaway is part...Read More
The New York-based giant Digital Currency Group sold $700 million worth of shares in a secondary sale in a deal on Monday led by some high-profile participants such as SoftBank, Alphabet Inc’s Capital G, and Ribbit Capital. With this, DCG becomes the latest’ decacorn in the crypto space. The secondary round, which valued the company...Read More
Bitcoin’s price could add 60% of value in the next 30 days to close just shy of $100,000, predicted the analyst behind the popular stock-to-flow model, PlanB. He was spot on in regards to the September BTC close price and was agonizingly close in October. Bitcoin to Near $100K By November’s End? PlanB is among...Read More
Memecoins continue to occupy center stage within the cryptocurrency market. A lot of the chatter is still focused on the performance of Dogecoin, Shiba Inu (SHIB), Floki Inu (FLOKI), and so forth. Now, Binance has decided to pin the two memecoin market leaders against each other by adding a SHIB/DOGE trading pair. The War Between...Read More
A new report by the San Francisco-based cryptocurrency exchange Coinbase revealed that its venture arm (Coinbase Ventures) had completed a total of 49 investments in the Q3 of 2021, averaging a new deal almost every two days. The figures have increased by 28 investments made in the previous quarter and 24 in the first quarter...Read More
Following Coinbase’s numerous mainstream marketing initiatives, consumers are demonstrably taking notice. The leading US crypto exchange’s mobile app is once again the most popular product in the App Store. It has received more downloads than any other application in the past few days. Coinbase Reigns Supreme A recent look at App Store statistics shows Coinbase...Read More
The Australian Securities and Investments Commission (ASIC) has taken slow but cautious steps regarding an exchange-traded product tracking the performance of bitcoin or another cryptocurrency. In the latest development, the organization published guidance detailing regulatory requirements for funds waiting to offer crypto ETPs, including exchange-traded funds (ETFs) and structured products. The guidance is designed to...Read More
In May, Ethereum’s Co-Founder – Vitalik Buterin – burned 410,24 trillion Shiba Inu tokens which would now be equivalent to $27.8 billion. Additionally, he donated 50 trillion SHIB ($3.4 billion calculated at today’s prices) to India, struggling with the COVID-19 infection by that time. Five Months Difference Dogecoin’s success since the beginning of 2021 has...Read More
The American entertainment company, primarily known for professional wrestling – WWE – joined forces with Blockchain Creative Labs to launch a non-fungible token marketplace. The digital collectibles will capture iconic moments from grand events like Wrestlemania and SummerSlam and will have an eco-friendly focus. ‘If You Smell… What WWE… Is Cooking!’ Despite retracing a bit...Read More
There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped...Read More
Following the decision made by the American multinational tech company, Facebook, to change its parent company name to Meta Platforms Inc, the prices of several metaverse gaming cryptocurrencies have experienced a significant increase. Facebook Rebrands to Meta The California-based company officially changed its corporate name to Meta Platforms Inc. yesterday, to move beyond the social...Read More
The Financial Action Task Force (FATF) has released guidance on virtual assets and virtual asset service providers (VASP). But the inclusion of decentralized finance (DeFi) and non-fungible tokens (NFT) have sparked a fresh debate. Just a week after the FATF had announced finalizing its crypto guidance, the global anti-money laundering watchdog released an updated version...Read More
One of the most prestigious business schools – Wharton School at the University of Pennsylvania – might become the next major organization that accepts bitcoin and other cryptocurrencies as a means of payment. The initiative will reportedly be available from the start of 2022, as the university will use Coinbase Global Inc to facilitate the...Read More
The world’s leading cryptocurrency exchange has tapped Patrick Hillmann, a GE and Edelman veteran, to become the company’s new Chief Communications Officer. Hillmann will be responsible for Binance’s public affairs division. The exchange announced the new appointment in a press release seen by CryptoPotato, which also outlined Hillmann’s new responsibilities. More precisely, he will oversee...Read More
Digital fintech platform COTI (Currency of the Internet) has announced that it will be launching its long-anticipated mainnet 2.0 next month. COTI Mainnet 2.0 Set to go Live The company shared the news about its upcoming mainnet version 2.0 launch with CryptoPotato, stating that the upgrade will feature scalability and speed capabilities, as well as...Read More
The Indian government will reportedly implement a regulatory framework for operating with cryptocurrencies by February next year. Instead of a complete ban, this time, the authorities will debate whether to accept bitcoin and the altcoins as an asset class. India’s U-Turn The world’s second most populated nation is one of the fastest-growing markets for cryptocurrencies....Read More
On Oct. 27, Ethereum core developer Raul Jordan posted that the Altair upgrade on the Beacon Chain had been successfully deployed. Ethereum stakers needed not to take any action as the improvements were all made in the background, but validators did have to pay attention. The Altair upgrade is another step closer to the full...Read More
Decentralized lending protocol Cream Finance has suffered a flash loan attack, losing over $130 million worth of various crypto assets. This was the third successful hack against the popular DeFi project in the past year. Cream Finance has confirmed it suffered an exploit this Wednesday through a flash loan attack, compromising mostly Cream LP tokens...Read More
