Ethereum-based (ETH) decentralized finance, or DeFi, risk management marketplace Risk Harbor will soon take over control of Terra’s Ozone Protocol, according to a press release published on Thursday. Ozone is a decentralized insurance mechanism that provides coverage in the event of technical failures on the Terra DeFi ecosystem. The latter is a dual-token platform that features its governance token LUNA…
Watch This Episode On YouTube Listen To This Episode: In this episode of the “Bitcoin Magazine Podcast,” host Christian Keroles was joined by Dave Bradley, the founder of Bitcoin Brains, cofounder of Bull Bitcoin and chief revenue officer at Bitcoin Well. Bradley is a Bitcoin OG and he broke down how he first got into Bitcoin, and then moved into…
The bullish optimism seen earlier in the week was dialed back on Nov. 4 after recent comments from U.S. Federal Reserve Chairman Jerome Powell confirmed that the central bank would soon start to taper its monetary policy of easing and bond buying. These statements appear to have kicked off a series of price decreases across the crypto market and both…
Newly elected New York City Mayor Eric Adams has reiterated his pledge to make the city a crypto hub by accepting his first three paychecks entirely in Bitcoin. In a Nov. 4 response on Twitter to Francis Suarez re-elected for another term as of Tuesday Adams said he would be matching the Miami mayors pledge to accept his next paycheck…
At nearly 400,000 people, the Navajo Nation is one of the largest Native American tribes in the United States. It’s also one of the most impoverished, with poverty statistics closer to the world’s least developed countries than its neighboring cities of Phoenix, Arizona, or Santa Fe, New Mexico. Nearly 50% of Navajo are unemployed, 40% don’t have running water, 32%…
In brief New York City mayor-elect Eric Adams tweeted that he will take his first three paychecks in Bitcoin. He made the pledge after Miami mayor Francis Suarez tweeted that he would take his own next paycheck in Bitcoin. Democrat Eric Adams won election Tuesday as the next mayor of New York City, and hes already leaning into campaign promises…
Bitcoin’s (BTC) 90% year-to-date gain was largely fueled by the SECs recent exchange-traded fund (ETF) approval and in the first 48-hours of listing, ProShares Bitcoin Strategy ETF ($BITO) was able to amass $1.1 billion in assets under management. On Nov. 1 the U.S. Treasury released its stablecoins report, which basically urged Congress to regulate the industry. In short, the working…
Russian institutions have responded to a call from а public movement for joint efforts to identify cryptocurrency transfers related to drug trade. The anti-drug organization, Stopnarkotik, recently asked the interior ministry and the central bank to investigate alleged connections between U.S.-sanctioned crypto exchange Suex and a darknet market operating in the region. Russian Authorities Respond to Stopnarkotik’s Request for Action…
NYC Mayor-Elect Eric Adams will take his first three paychecks in bitcoin. The move comes in response to Miami Mayor’s announcement two days before, saying he would take his next paycheck fully in BTC. One of Bitcoin’s most essential characteristics, game theory, has begun playing out at the U.S. politics level. Game theory has started playing out in politics as…
On Nov. 2, award-winning writer and director Quentin Tarantino announced he would auction off seven uncut scenes from Pulp Fiction as nonfungible tokens, or NFTs, built on the Secret Network (SCRT). The digitized assets will include the first uncut scripts of the movie, as well as secrets about the film and its creators. While the NFTs will feature public metadata,…
