Part One: A Declaration Of Independence There is a lot of history one could survey when examining Independence Day. Some historians might reference the 1940s, or the 4th of July being recognized as a federal holiday; maybe BBQs or fireworks would find their way into the conversations. A military historian might dive into the American Revolution, 1776, the Continental Congress…
Month: July 2022
Coinbase Responds to Reports of Selling Customer ‘Geo Tracking’ Data to US Government – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has insisted that it does not sell “proprietary customer data” after reports surfaced that its Tracer product is providing “historical geo tracking data” to the U.S. Immigrations and Customs Enforcement (ICE). Coinbase Responds to Reports of It Selling Customer Data to U.S. Government Cryptocurrency exchange Coinbase came under fire last week when reports surfaced accusing…
Bitcoin Price Action Does Matter
This is an opinion editorial by Joakim Book, a Research Fellow at the American Institute for Economic Research, contributor and copy editor for Bitcoin Magazine and a writer on all things money and financial history. “If crypto can be good for the real world, then crypto prices going down should be bad for the real world.” – Matt Levine for…
EU Makes Deal on MiCA Legislation to Regulate Crypto Markets – Regulation Bitcoin News
Representatives of key European Union (EU) institutions and member states reached an agreement on the Markets in Crypto Assets regulatory proposal. The progress in the negotiations over the comprehensive legal framework for the Union’s crypto space comes after earlier this week European officials agreed to adopt a set of anti-money laundering rules for cryptocurrency transactions. EU Parliament, Council, Commission Agree…
Hodler’s Digest, June 26-July 2
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link. Top Stories This Week After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in…
Embattled Crypto Hedge Fund Three Arrows Capital Files for Chapter 15 Bankruptcy – Bitcoin News
The troubled crypto hedge fund Three Arrows Capital Ltd., otherwise known as 3AC, has filed for bankruptcy according to recent court filings. The court papers show 3AC is aiming for an ancillary Chapter 15 proceeding so liquidators and creditors cannot seize the firm’s U.S. assets. 3AC Files for Bankruptcy — ‘Tremors’ From the Crypto Market Fall ‘Continue to Reverberate,’ Says…
How to Launch a DAO
In brief A decentralized autonomous organization is an organizational structure where control is spread out rather than hierarchical. DAOs use smart contracts on a blockchain, with participants using governance tokens to vote on proposed actions. It’s not difficult to spin up a new DAO; the hard part is getting people to join, and retaining them. The term DAO (short for…
In Wake of Layoffs and Pulled Job Offers, Coinbase Announces European Expansion Plan
Coinbase wants to expand in Europe, with CEO Brian Armstrong meeting policymakers in London and Dublin this week despite a market downturn and recent layoffs. The biggest U.S. cryptocurrency exchange, according to a company blog post, seeks to be “driving a concerted effort to strengthen our presence in Europe.” Just last month, Coinbase announced it would cut its workforce by…
NFT Sales Stave off Crypto Market Downturn This Week With a Slight Uptick in Volume – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales have managed to stay consistent this week while the crypto economy saw more losses over the last seven days. The week prior, $152.9 million in NFT sales were recorded across 18 blockchains and during the past week, $154.3 million in sales were executed. While Ethereum saw the most NFT sales this week, the chain saw a…
This Week in Coins: Bitcoin and Ethereum Erase Gains, 3AC Files for Bankruptcy
This week in coins. Illustration by Mitchell Preffer for Decrypt Bitcoin’s and Ethereum’s 30% gains last week were short-lived, as both market leaders depreciated more than 10% over the last week, with Bitcoin falling below the key $20,000 support level. The world’s favorite cryptocurrency, as of this writing, was trading for just $19,203, and leading rival Ethereum suffered steeper losses,…