Crypto leaders are divided over whether Mark Zuckerberg should lead Facebook into the Metaverse, with Hodl Assets Jenny Ta saying he needs to resign if Meta is to succeed while Animocas Yat Siu says Zuck is the only one who can drive the company forward. Ta is the Chief Operating Officer (COO) of nonfungible token (NFT) platform developer Hodl Assets,…
press release PRESS RELEASE. 3air is using an ISP platform built on Cardano to provide internet to the most unconnected regions in Africa. November 2nd, 2021, Dubai, UAE – Today, 3air, a blockchain-based startup, announced it will leverage the power of decentralization to provide internet connectivity to consumers in Africa and provide the physical infrastructure to support this through its…
Legal experts have warned that a section of the Infrastructure Bill, which is due for a vote today, amends a part of the tax code and makes a failure by businesses and individuals to report digital asset transactions a criminal offense. University of Virginia School of Law lecturer Abraham Sutherland said it is a separate provision to the controversial broker…
Paytm, one of India’s largest payments companies, is open to offering bitcoin services if the crypto asset becomes legal in the country, according to its chief financial officer. If bitcoin “was ever to become fully legal in the country, then clearly there could be offerings we could launch,” he said. Paytm Open to Bitcoin Offerings Paytm Chief Financial Officer Madhur…
Australian fund management company BetaShares new crypto company ETF smashed Australian Securities Exchange (ASX) records within the first 15 minutes of listing. The Capital Appreciation Portfolio Diversification (CRYP) fund enables investors to gain exposure to 50 pure-play listed crypto companies from around the world such as exchanges, mining companies and equipment firms. Some of the top companies on CRYP include…
One of the ANZ banks senior executives has told a Blockchain Australia forum that the crypto sector has grown too big to be ignored by traditional finance. The comments came a day after rival Commonwealth Bank announced that it would roll out crypto trading services for 10 digital assets via its Commbank app. The State of Play forum was held…
Jerome Powell, everyone’s favorite, unelected, talking piece of coral that presides over the Federal Reserve took to the stage November 3 in order to spew his typical “Fedspeak.” An important note before we begin. The Federal Reserve is creating new policies because they cannot be trusted. Two officials were caught in a scandal for their trading practices, obviously profiteering from…
This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industrys most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations. It was a quiet week in the mainland as much of the Chinese crypto community was either lying low, off in Lisbon, or recovering from a week-long hangover…
What Is Bitcoin Mining? Bitcoin mining is the process by which new bitcoins are entered into circulation; it is also the way that new transactions are confirmed by the network and a critical component of the maintenance and development of the blockchain ledger. “Mining” is performed using sophisticated hardware that solves an extremely complex computational math problem. The first computer to find the…
U.S. lawmakers have called on the Securities and Exchange Commission (SEC) to approve bitcoin spot exchange-traded funds (ETFs). Since the SEC has approved the trading of bitcoin futures ETFs, the lawmakers said it “should no longer have concerns with bitcoin spot ETFs and should show a similar willingness to permit the trading of bitcoin spot ETFs.” Lawmakers Urge SEC to…
