This is an opinion editorial by George Mekhail, the director of marketing for Bitcoin 2023 and co-author of “Thank God For Bitcoin.” Becoming a dad is easy. Most men in the U.S. have done it. Simply becoming a dad isn’t that impressive. Congrats, you’ve participated in the miracle of procreation, doing one of the things you probably enjoy most. But…
NFT.NYC, one of the largest nonfungible token events, is preparing to open its doors for a fourth year, celebrating the diversity of NFTs across 16 sectors, including art, film, sports and ticketing. Held from June 20 to 23 in New York City, the blockbuster event will serve as a global melting pot of everybody who’s anybody in the NFT world,…
Russia’s third-largest oil producer, Gazpromneft, is entering the bitcoin mining space.Gazpromneft will be partnering with Swiss-based bitcoin mining firm BitRiver to deliver energy resources to new and remote oil field locations.BitRiver was previously sanctioned by the U.S. for reportedly assisting Russian avoidance of sanctions. The third largest oil producer in Russia, Gazpromneft, is partnering with Swiss-based bitcoin mining firm BitRiver…
Cryptocurrency derivatives exchange FTX has entered into an agreement to purchase Canadian crypto platform Bitvo. In a Friday announcement, FTX Trading Limited said it planned to acquire Bitvo as part of the crypto exchange’s effort to offer its products and services to Canadia-based users. The company added that the deal was “subject to regulatory approval and customary closing conditions,” but…
Three Arrows Capital was a darling among crypto investment firms for years. Now, amid the crypto bear market and after the Terra collapse last month, 3AC appears to be at real risk of insolvency and crypto companies have taken steps to insulate themselves from the distressed firm. Rumors that the Singapore-based firm could be insolvent started swirling last weekend. Since…
If you wanted to buy contraband online in the last five years or so, you may have noticed that the option to pay in bitcoin — once the most popular form of payment on darknet markets — is slowly disappearing. You may ask why it matters to you or the average Bitcoin enthusiast. (You’re presumably an excellent, law abiding citizen…
Crypto exchange Binance has courted controversy almost from its 2017 beginnings, and five years later, the dustups continue. On June 6, the United States Securities and Exchange Commission was reported to be investigating whether Binance Holdings broke U.S. securities rules in launching its digital tokens. Meanwhile, on the same day, Reuters published a scathing 4,700-word “special report” titled “How crypto…
A new bill presented in Brazil is trying to introduce bitcoin and other cryptocurrencies as an approved means of payment in the country. The bill, presented by Federal Deputy Paulo Martins, proposes to amend already existing regulations to include several dispositions that would allow cryptocurrency payments and investments to be officially supported. New Bill Proposes to Legalize Crypto for…
Antoni Trenchev, the co-founder and managing partner of crypto lending platform Nexo, has likened the current crypto crash to the Panic of 1907—the first global financial crisis of the 20th century, during which wealthy Wall Street institutions were forced to come to the rescue of their struggling peers. “This reminds me, quite frankly, of the 1907 bank panic where JP…
The United Arab Emirates has launched the world’s most expensive modern postage stamp to celebrate the 50th anniversary of the country’s foundation day. Emirates Post Group, a government-owned post office launched the first edition of the modern postage stamp with four editions. Each physical stamp in the collection comes with a digital version. The most expensive edition is the “Golden…
