In brief Russia’s central bank last week said Bitcoin mining and transactions should be banned. But the finance ministry today said the country needs to “regulate, not prohibit” crypto. Russia’s finance ministry today called for cryptocurrency regulation—just one week after the country’s central bank called for a ban. Ivan Chebeskov, director of the finance ministry’s financial policy department, today said…
In a letter to the leadership of the United States House Financial Services Committee, ranking member Patrick McHenry took a jab at “inconsistent treatment and jurisdictional uncertainty” inherent in U.S. crypto regulation and called for the committee to take on its critical issues. McHenry, a Republican representing North Carolina, opened by mentioning that the committee’s Democratic chairwoman Maxine Waters is…
Who says Ethereum is only for DeFi and ape NFTs? In a bid to expand the use cases for decentralized tech beyond the usual suspects, Blockscan, the team that created the Etherscan blockchain explorer, has released Blockscan Chat in beta. According to the site’s homepage, “Blockscan Chat is a messaging platform for users to simply and instantly message each other,…
The mayor of New York City, Eric Adams, converted his first paycheck into bitcoin and ether before the price of the cryptocurrencies plummeted. However, the mayor said, “When you are a long-term investor, you don’t keep your eyes on your portfolio.” He added that the purpose of receiving a paycheck in bitcoin is to send a message that New York…
Major crypto exchange Coinbase has given a $150,000 grant to Hope for Haiti as part of a pilot program aimed at providing financial assistance to Haitians experiencing social and economic hardship. In a Tuesday announcement, Hope for Haiti said Coinbase would be making the $150,000 contribution to its pilot project with financial inclusion-driven firm Emerging Impact and the Celo Foundation.…
The head of YouTube Gaming, Ryan Wyatt, will soon be leaving his post at the Google-owned tech company. Starting in March, Wyatt will become the CEO of Polygon Studios, a new venture dedicated to building on the Ethereum sidechain Polygon. Despite YouTube’s own growing interest in blockchain and NFTs, Wyatt says it’s time for a new venture. “I came to…
If you are panicking right about now, I implore you, in fact, I urge you to sell all of your bitcoin now. All of it. No this is not a joke. This article is not some trading analysis, pick-me-up full of hopium or copium. This is going to outline a series of straight up facts and reasons why you should…
sponsored While the latest news and information about cryptocurrency & NFT projects are better known through Web 2.0 social media companies such as Twitter, Instagram, and Youtube. There aren’t any decentralised social platforms available in the market that allows users to own the NFT while being able to display their NFT or Token assets on the social platforms. The cryptocurrency…
Another Bitcoin (BTC) miner from the Solo CK mining pool has solo mined a new block on the Bitcoin blockchain, earning a block reward of 6.25 BTC (over $220,000 at current prices) as a result. The event took place on Monday at a block height of 720,175. Solo mining consists of attempting to validate blocks by a single miner, without…
In brief OpenSea may soon be adding support for Solana NFTs, per leaked screenshots. The images show functionality for Solana and the popular Phantom wallet. Leading NFT marketplace OpenSea is primarily focused on Ethereum, but support for the rising Solana NFT ecosystem could be right around the corner as newly-leaked screenshots suggest. The screenshots come from Jane Manchun Wong, a…
