The European Parliament continued to keep crypto users and advocates at the edge of their seats last week as yet another piece of potentially harmful legislation — this time, a set of demanding data disclosure requirements for digital asset service providers — was rushed to a vote mere days after a near miss on banning proof-of-work-based cryptocurrencies. Unlike the relatively…
The United Kingdom’s economic and finance ministry has said it intends to amend its existing regulatory framework to incorporate stablecoins used as a means of payment. In a Monday announcement, HM Treasury said certain stablecoins could potentially become “a widespread means of payment” for retail customers in the United Kingdom following a consultation with various organizations, universities and individuals conducted…
Today, the United Kingdom announced plans to become a “global crypto asset technology hub.” “It’s my ambition to make the UK a global hub for crypto asset technology, and the measures we’ve outlined today will help to ensure firms can invest, innovate and scale up in this country,” the UK’s Chancellor of the Exchequer Rishi Sunak said in a prepared…
DOGE was once again higher on Monday, as traders bought the token, days after a video about the meme-coin was shared by Elon Musk. This came as CAKE was also a big mover today, climbing beyond the $10 mark, hitting a multi-month high in the process. Dogecoin (DOGE) DOGE rose for a second consecutive session, as bulls continued to pile…
Neutrino Dollar (USDN), a stablecoin issued through Waves-backed Neutrino protocol, lost its U.S. dollar-peg on April 4 amid speculations that it could become “insolvent” in the future. USDN plunges 15% despite WAVES backing USDN dropped to as low as $0.822 on Monday with its market capitalization also diving to $824.25 million, down 14% from its year-to-date high of $960.25 million.…
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…
In brief BIG3, a professional basketball league, will fractionalize team ownership via NFT collectibles. League co-founder Ice Cube spoke to Decrypt about BIG3’s NFT plans. The BIG3 basketball league does things differently than the NBA, with 3-on-3 matches, four-point shots, and teams that aren’t tied to cities. And now, the league that rapper and actor Ice Cube co-founded in 2017…
The legendary rapper, actor, and entrepreneur Ice Cube talks to Decrypt’s Andrew Hayward about why his BIG3 basketball league plans to offer fractional team ownership in the form of NFTs, plus his personal interest in crypto. Source: https://decrypt.co/videos/interviews/iBeP1A7B/ice-cube-crypto-and-nfts-are-the-ultimate-fuck-you-to-the-mainstream
Bruce Fenton, a Bitcoin-advocate, has announced his candidacy for the United States Senate in New Hampshire. Fenton was a previous director of the Bitcoin Foundation and moved to New Hampshire in pursuit of the Free State Project, a political pro-freedom movement. “Democracy is a poor and overhyped system that results in two wolves and a sheep deciding what is for…
Following recent multi-month highs, BTC continued to consolidate on Monday, as markets marginally fell to start the week. In addition to bitcoin, the current uncertainty in crypto markets also pushed ETH lower, falling below its $3,500 level as a result. Bitcoin BTC was trading in the red to start the week, as the world’s largest cryptocurrency continued to move away…
