El Salvador, the first nation to adopt Bitcoin (BTC) as legal tender, has recently announced the relaunch of its wallet app Chivo, which is supposed to patch the previous version’s stability and scalability issues. The update is welcomed news for the Central American country’s crypto experiment, which faced some hurdles and harsh criticism over the last few months. While much…
Michelle Rempel Garner, a member of the House of Commons of Canada, has introduced a bill proposing the government set up a framework to encourage the growth of the cryptocurrency sector in the country. In the first reading of Bill C-249 in the House of Commons on Wednesday, Garner proposed having Canada’s Minister of Finance — currently Chrystia Freeland, a…
The governor of India’s central bank, the Reserve Bank of India (RBI), has reiterated his concerns that cryptocurrency is a “big threat” to the country’s financial and macroeconomic stability. He also warned investors of the risks of investing in crypto, stating this type of investment has no underlying value. RBI’s Multiple Concerns About Crypto Reserve Bank of India (RBI) Governor…
Jimmy Chambrade and Aurore Galves Orjol, co-founders of Bitcoin-lyon, first heard about Bitcoin (BTC) in 2014. Around that time, their close friend and now business partner, Bruce, mined Bitcoin using his laptop. However, it took three years and a face-melting bull run before the pair could set aside the time to engage with the technology. Fast forward to 2017, and…
The world’s biggest crypto exchange, Binance, is making a $200 million investment in magazine and digital publisher Forbes. According to CNBC, the strategic investment will make Binance one of the two biggest owners of Forbes, with the exchange also getting two directors out of nine total board seats as part of the publisher’s plan to merge with a publicly-traded SPAC (special-purpose…
By: Trent Fuenmayor, Program Manager, Coinbase Giving Coinbase’s mission is to increase economic freedom in the world through the crypto-economy. To achieve this, it is essential to develop common infrastructure that is transparent, safe, secure, and benefits all participants. The open source community has provided critical support for Crypto development, with some support from donations from industry organizations and academic…
Prices of ethereum and bitcoin were volatile on Thursday, as markets reacted to U.S. inflation data. Bitcoin briefly recaptured the $45,000 level, but sold off after the data was released. Bitcoin Bitcoin started the day in the green, hitting the $45,000 mark in the process, however as the U.S. equity session opened, prices weighed, as it was reported that consumer…
Ethernity Chain (ERN) is an authenticated and licensed NFT marketplace in the business of acquiring intellectual property, or IP, from big-name brands in sports, history, music and entertainment. Among these notable figures is Shaquille O’Neal, Lionel Messi and brands like DeLorean and Toys R Us. Cointelegraph spoke to Nick Rose, Ethernity Founder and CEO, about the launch of the company’s newest…
Newly minted Twitter CEO Parag Agrawal spoke about Web3 on today’s Twitter Q4 earnings call, Agrawal’s first earnings call as CEO since he took over for the outgoing Jack Dorsey at the end of November. In response to a question submitted via Twitter, Agrawal said, “If you think about the broader crypto ecosystem, which includes cryptocurrency, DeFi projects, and all…
Analyzing a new contender for NFT marketplace dominance Around the Block from Coinbase Ventures sheds light on key trends in crypto. Written by Connor Dempsey, Justin Mart, & Mike Cohen (WE’RE HIRING) Only in crypto can a platform built by anonymous founders come out of nowhere to challenge an industry leader, all in a matter of weeks. That’s precisely what…
