gm: Christine Brown Left Robinhood to Go Full NFT Christine Brown left her perch as Robinhood Crypto COO at the end of March to launch a new crypto venture. Now she has announced her new gig: Co-founder and COO at Floor, a token-gated NFT portfolio app that has raised an $8 million seed round. She talked to Decrypt’s Dan Roberts…
Month: June 2022
Bitcoin Miners Will See 29% Rate Hike on Hydroelectric Power in Washington
The promise of cheap, hydroelectric power for Bitcoin miners in Washington state has started to fade. A 29% rate hike for hydroelectric power in Chelan County, created specifically for cryptocurrency miners, went into effect on June 1. The miners used to pay a lower, high-density load rate for their electricity. Now they’ll pay a newly-created cryptocurrency rate, known as Rate…
Former Robinhood, Button, Venmo Execs Raise $8M for NFT Company Floor
Christine Brown was Robinhood Crypto’s first COO and the face of its crypto business until she left at the end of March. At the time, she would only say she was “starting a crypto venture.” Today, Brown finally revealed where she has landed: Floor, a token-gated NFT portfolio tracking platform that is announcing an $8 million seed round today led…
Jack Dorsey and Jay-Z Announce The Bitcoin Academy
Jack Dorsey and Jay-Z announced The Bitcoin Academy, financial education for Marcy House residents in Brooklyn, New York. Classes are completely free to residents and will provide devices and data plans as needed.Programming for “Crypto Kids Camp” courses for children aged 5-17 will also be provided for free. Jack Dorsey, founder of bitcoin financial services company Block Inc., and Shawn…
MimbleWimble adds new features for Litecoin, but some exchanges balk
Litecoin is one of the earliest alternative coins (altcoins) that came to light after Bitcoin (BTC). Created in October 2011, it is now the 20th most valuable cryptocurrency, boasting a market capitalization of over $4 billion, according to CoinMarketCap data. The MimbleWimble upgrade was first conceived more than two years ago as part of the Litecoin Improvement Proposal. That was…
Jay-Z and Jack Dorsey Launch ‘Bitcoin Academy’ at Rapper’s Childhood Home in Brooklyn
Shawn Corey Carter aka Jay-Z grew up in the Marcy Houses of Brooklyn’s Bedford-Stuyvesant neighborhood. On Thursday, the rapper announced he and Block CEO Jack Dorsey are giving back to his childhood home by creating the Bitcoin Academy, a program to teach financial literacy. The Bitcoin Academy will consist of a series of online and in-person classes beginning later this…
Bitcoin Purpose At Oslo Freedom Forum
This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs. At this year’s Oslo Freedom Forum (OFF), a financial freedom content track gave freedom fighters from around the world the chance to learn about Bitcoin, and Bitcoiners the chance to learn the true extent of fiat slavery. As Matt Odell recently put it, “The most important…
Yellen Downplays Stimulus Contributing to Inflation, Republicans Grill US Treasury Secretary’s Decisions – Economics Bitcoin News
U.S. Treasury secretary Janet Yellen doesn’t think inflationary pressures stem from the stimulus policies enacted after the Covid-19 outbreak. While speaking to lawmakers on Wednesday, during the House Ways and Means Committee, Republicans criticized Yellen for not knowing about the risks of inflation. A U.S. senator from Wyoming questioned the Treasury secretary’s “pronouncements and decisions” concerning the record gas prices…
Bitcoin stocks correlation ‘feels like’ 100% as $30K BTC price frustrates
Bitcoin (BTC) wicked through $30,000 during June 9 as the Wall Street open revealed ongoing stocks correlation. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader sees “relief” from US CPI print Data from Cointelegraph Markets Pro and TradingView showed BTC/USD threatening to head lower as the S&P 500 likewise opened with modest losses. The pair had stayed in a tight range…
Crypto Ratings Project DeFi Safety Downgrades Solana Amid Infrastructure Concerns
DeFi Safety, an independent DeFi rating organization, has ranked Solana as the second-worst according to the firm’s technical criteria. Axie Infinity’s, the popular play-to-earn gaming platform, Ronin blockchain has been ranked as the worst, according to DeFi Safety. Ronin was hacked for $600 million in March 2022. The Montreal-based agency has rated over 240 Decentralized Finance (DeFi) protocols and 15…