Sept. 7, 2022 marks exactly one year since El Salvador became the first country in the world to adopt Bitcoin (BTC) as legal tender by enforcing the Bitcoin Law. Advocating for Bitcoin as legal tender last year, El Salvador President Nayib Bukele promised that Bitcoin adoption would benefit the 70% of the local population that had a lack of access…
sponsored The Ethereum Merge is shaping up to be the biggest event in the crypto space in over five years, and that could mean some significant impacts on your crypto portfolio. We know that sometime between September 10th and 20th, the Merge will take place, resulting in the Proof of Stake “Beacon Chain” merging with the current Proof of Work…
Merge-related cryptocurrencies, including Ethereum (ETH), Ethereum Classic (ETC), and Lido Finance (Lido), have posted severe losses over the past 24 hours. Ethereum dropped 8.82% over the past 24 hours and trades at around $1,515 after bouncing off from its support at $1,500 earlier today. Ethereum is now down 68.95% from its all-time highs of $4,891.70 recorded in November 2021, per…
Decrypt on the Street: An NFT Trip to Tiffany’s, a Search for Status In this episode of Decrypt on the Street, reporter Sander Lutz jumps through hoops in the hopes of obtaining an exclusive “NFTiff” from Tiffany & Co. Sander learns manners and spiritual awareness from two coaches, only to fall short of the digital brass ring. Source: https://decrypt.co/videos/decryptos/tZvhuEpY/decrypt-on-the-street-an-nft-trip-to-tiffanys-a-search-for-status
As global investment in cryptocurrency and blockchain companies dropped to $14.2 billion in the first half of 2022 from a record $32.1 billion last year, accounting firm KPMG predicts that a slowdown in crypto investment will continue for the remainder of the year. “During the first half of 2022, numerous factors combined to affect the upward trajectory of fintech investment…
Bitcoin headlines more often than not focus on the price. Whether it goes up or down in U.S. dollar terms, the media rides the wave accordingly, denoting “bubbles” and “crashes” as they come. As a result, the technology’s fundamentals get little to no coverage and the “Bitcoin curious” audience doesn’t get much insights into what is shaping the peer-to-peer (P2P)…
Guidelines for security tokens in South Korea will be announced by the end of 2022. Simultaneously, the pilot market with a regulatory sandbox will be launched before the formal institutionalization. Chief South Korean financial regulator, the Financial Services Commission (FSC), published the report with the results of a joint policy seminar it held together with the Financial Supervisory Service, Korea…
Three federal agencies in the United States — the Federal Bureau of Investigation (FBI), the Cybersecurity and Infrastructure Security Agency and the Multi-State Information Sharing and Analysis Center — jointly issued an advisory seeking information to curb ransomware attacks. As part of the #StopRansomware campaign, the joint cybersecurity advisory alerted citizens of Vice Society, a ransomware-type program that encrypts data…
A Bitcoin (BTC) evangelist in Lebanon took their love for Bitcoin to the next level. Said Nassar, an international business engineer, themed his wedding day around Satoshi Nakamoto’s innovation, Bitcoin. Each and every wedding guest received Satoshis (the smallest denomination of a Bitcoin) as a wedding gift for attending the Nassar family’s special day, while the theme of the wedding…
A lawyer representing Russian IT specialist Alexander Vinnik has urged the government in Moscow to discuss a potential exchange of prisoners with the United States, where he was recently extradited. The French legal expert is convinced only a return to his homeland could save Vinnik who has deteriorating health after solitary confinement in France and hunger strikes in Greece. Vinnik’s…
