U.S.-based NFT marketplace OpenSea has allegedly begun blocking users based in Iran, according to multiple reports from frustrated collectors and creators who recently found themselves unable to access the site. While OpenSea has not yet responded to Decrypt’s request for comment, some users, such as notable collector and entrepreneur Farokh, are suggesting that if Iranian users are being blocked, it…
The Iota Foundation and Imperial College London recently announced the launch of a four-year distributed ledger technology, or DLT, initiative designed to research and develop solutions to foster socially conscious, circular economic models and businesses around servitization. The Imperial-Iota-Infrastructures Lab, known as the I3-Lab, will operate within the Dyson School of Design Engineering and has adopted the tagline “infrastructure powered by…
Bitcoin For Fairness announces travel plans to Zimbabwe and Zambia. BFF helps people in emerging countries learn basic financial literacy, as well as best practices for spending, saving and using bitcoin.The initiative connects entrepreneurs, activists, and developers to assist people in emerging countries take back their privacy and freedom. Nonprofit organization Bitcoin For Fairness (BFF), founded in January by Bitcoin…
After spending years ridiculing Bitcoin and cryptocurrency, Wall Street’s billionaire class is finally warming up to the idea of virtual assets powering the digital economy. This week, Citadel founder and billionaire Ken Griffin formally backtracked on his anti-crypto stance as he announced that his firm would begin offering digital assets to its clients. Of course, Griffin isn’t the only wealthy…
Leaked images that allegedly derive from the leading non-fungible token (NFT) marketplace Opensea indicate that the platform may soon introduce Solana-based NFTs. The images were discovered by the tech blogger Jane Manchun Wong who is well known for leaking information about yet-to-launch features from specific tech platforms. Tech Blogger With History of Discovering Yet-to-Launch Features Says Opensea Plans to Add…
UkraineDAO, the decentralized autonomous organization created by Pussy Riot’s Nadya Tolokonnikova, Trippy Labs and PleasrDAO members, crowdfunded 2188 ETH, or $6.1 million, for a 1/1 Ukrainian flag NFT. Proceeds will go to nonprofit organizations in Ukraine that are helping those affected by the Russian invasion. The NFT sale was hosted as a PartyBid auction, allowing people to pool resources and bid collectively for…
The city of Lugano, Switzerland, will make bitcoin legal tender and allow citizens to pay for any public service fees or taxes in bitcoin, city director Pietro Poretti co-announced in an event livestreamed on Thursday alongside mayor Michele Foletti and CTO of Tether Paolo Ardoino. The city has already worked with over 200 merchants to propel the adoption of bitcoin…
GEM Mining’s February BTC mining update shows it produced 200.5 BTC.18,065 miners are currently active with 1.77 EH/s. 14,000 Miners set to come online by the end of 2022, fully-hosted and funded by GEM mining. GEM Mining, a 97% carbon neutral institutional-grade mining company with a deployable mining fleet of 32,000 miners, announced their bitcoin mining production update for February,…
Bitcoin (BTC) bulls flipped the table on Friday’s options expiry after a 14% rally on Feb. 28. Holding the price above $43,000 confirms a decoupling from traditional markets. For instance, the MSCI Emerging Markets equities index is down by 3.5% in 5 days, while the United States Russell 2000 small-capitalization index gained 0.9%. Investors are increasingly concerned about the ramifications…
press release PRESS RELEASE. Auditchain will deploy its Pacioli validating node staking contracts to Polygon Mainnet on 7 March, 2022 as it prepares to decentralize the $600 Billion global accounting, assurance and reporting services industry. Auditchain Labs AG, (https://auditchain.finance) the developer of the world’s first decentralized accounting, financial reporting, audit, and analysis virtual machine for assurance and disclosure, today announced…
