ESPN and Autograph, the nonfungible token (NFT) platform co-founded by Tom Brady, announced a multi-year partnership on Wednesday that kicks off with a documentary release and an NFT collection. A 10-part ESPN+ documentary series called “Man in the Arena: Tom Brady” chronicles the milestones of the NFL legend’s career through a psychological and emotional lens. The docuseries is produced by Religion of…
The TerraUSD (UST) Bitcoin reserve just got one step closer to its $10 billion Bitcoin reserve goal. In a series of transactions on Wednesday morning, Terra founder Do Kwon added another $230 million in BTC to the Luna-LFG wallet. At the time of this writing, the wallet held 35,767.98 BTC worth roughly $1.6 billion. On Twitter, Kwon nonchalantly listed the…
At Bitcoin 2022, a panel of top-tier developers sat down on the Open Source Stage to discuss the different options available to users who wish to use the Lightning Network, an overlay network on top of the Bitcoin blockchain that brings ultra-fast and super-cheap bitcoin payments. “By lifting things off the Bitcoin chain, we get this freedom to experiment and…
On April 6, onchain data shows the Luna Foundation Guard’s (LFG) bitcoin wallet has added 5,040 bitcoin to its reserves. The added funds were worth roughly $221 million at the time of settlement. LFG managed to purchase the bitcoins while bitcoin lost 3.9% against the U.S. dollar during the last 24 hours. LFG Buys the Dip Acquiring 5,040 More Bitcoin…
About the author Attorney Nicholas Mowbray’s practice focuses on U.S. federal income tax matters, with an emphasis on international tax and the taxation of financial products. The views expressed here are his own and don’t necessarily represent those of Decrypt. It’s no secret the IRS is on the hunt for new sources of tax revenue—and that the agency has turned…
A panel of four major players in the ASIC space took the stage of Bitcoin 2022 to discuss the state of the application-specific integrated circuit (ASIC) market and future outlooks. The panel included Nishant Sharma, Johnny Yao, Mike Francis, Chris Manzano and Kristy-Leigh Minehan, all of whom have a plethora of experience in ASICsThe conversation spanned innovation, consensus change, supply…
Global crypto markets were trading nearly 6% lower as of writing this, with SOL one of the biggest crypto’s to fall during the session. While falling by over 12% on the day, RUNE and WAVES fell by as much as 20% on Thursday. WAVES WAVES was easily one of the biggest gainers in March, as it rose from a low…
The Swedish central bank’s digital currency project, a proposed CBDC known as the e-krona, has successfully finished its second phase of trials. According to Riksbank, the nation’s central bank, the asset is now technically ready to be integrated into banking networks and to facilitate transactions. During the second phase of the e-krona pilot project — which began in February 2021…
Bitcoin (BTC) has been struggling to break the $47,000 resistance and even with today’s drop below $44,000 there is still mounting evidence that the market structure is healthy. On Dec. 3, 2021, Bitcoin initiated a 25.6% correction that lasted 18 hours and culminated with a $42,360 low. Four months later, the price remained 18% below the $56,650 closing on Dec.…
Kevin O’Leary is a well-known businessman and entrepreneur, who is particularly famous for his role on “Shark Tank.” In 2019, he was quoted in an interview with CNBC saying that Bitcoin is “worthless” and “garbage.” Since then, O’Leary has changed his tune, claiming to have invested 20% of his portfolio in bitcoin and other cryptocurrencies in a recent interview on…
