Cuba’s art market shut down completely during the pandemic, leading the community to turn to digital markets for survival. However, artists say that they remain censored due to the United States sanctions against Cuba, with US based platforms like Open Sea going to the extremes of deleting content and accounts linked to the country itself. The censorship began in January…
Coinbase is reportedly under investigation by the SEC.The investigation is meant to determine if the company listed cryptocurrencies that should have been considered securities.Kraken reportedly is under investigation by the U.S. Treasury Department for violating sanctions. Scrutiny over cryptocurrency exchanges from U.S. regulators is growing by the day. Coinbase Global Inc., ($COIN) is facing a probe from the Securities and…
This article originally appeared in Bitcoin Magazine’s “Censorship Resistant Issue.” To get a copy, visit our store. Look Ma, No Hands I’ve wanted to be a doctor for as long as I can remember. When I was seven years old, my father bought me a bicycle for my birthday. He wheeled it into the living room with childlike enthusiasm, sure…
El Salvador’s president wants to buy back $1.6 billion in sovereign debt as the country’s finances look increasingly strained after a series of mistimed bets on Bitcoin. In a Tuesday tweet, Nayib Bukele said he was sending two bills to Congress to authorize funding for the buybacks. The president, who made Bitcoin legal tender in the tiny Central American country…
The FOMC raised target rates for the federal funds rate by 75 basis points.Federal Reserve Chairman Jerome Powell indicated “unusually large” increases could be appropriate in future meetings.Powell also stated a period of economic slowdown will be necessary to restore price stability. The Federal Open Markets Committee (FOMC) raised its target interest rate for the federal funds rate by 75…
On Wednesday, the Web3 digital identity platform Unstoppable Domains announced the company has secured $65 million in financing in a Series A funding round led by Pantera Capital. The latest funding gives Unstoppable Domains a post valuation of $1 billion, pushing the blockchain startup up to unicorn status. Unstoppable Domains Joins the Growing List of Crypto Unicorns, Raising $65 Million…
Bitcoin (BTC) charged above $22,000 on July 27 after the United States Federal Reserve enacted another major interest rate hike. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Fed: “Appropriate” to keep hiking after July Data from Cointelegraph Markets Pro and TradingView showed BTC/USD reacting positively to confirmation that the Federal Open Markets Committee (FOMC) had unanimously voted to hike the Fed…
It’s been 40 years since the classic sci-fi adventure film Tron hit movie screens around the world. Produced by Donald Kushner and released by Walt Disney Productions, its highly original futuresque concept made history by revolutionizing the use of computer animation in film while introducing audiences to one of the earliest interpretations of a digital metaverse. Reflecting on the movie’s…
On Wednesday, the U.S. Federal Reserve raised the federal funds rate by 75 basis points (bps) in order to tame inflation and stabilize the American economy. The recent rate hike is the U.S. central bank’s third rate increase after increasing the benchmark rate by 50 bps last March. Fed Hikes Rate by 75 bps for a Second Time in a…
ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs. Source: https://cointelegraph.com/news/ethereum-options-data-show-pro-traders-ready-to-go-long-into-eth-s-merge
