Bitcoin (BTC) and altcoins dropped further on Feb. 17 after the situation in Ukraine worsened and Russia expelled Bart Gorman, the United States Deputy Chief of Diplomatic Mission, from the country after President Biden reiterated that the threat of a Ukraine invasion by Russia was “very high.” Data from Cointelegraph Markets Pro and TradingView shows that the afternoon resurgence in sell-side pressure…
Actor and producer Reese Witherspoon, through her production company Hello Sunshine, has optioned hit books like Wild, Gone Girl, Big Little Lies, and Little Fires Everywhere and turned them into hit movies and TV shows. Now she’s ready to do the same with her favorite NFT collection. Through a new deal announced on Thursday, Hello Sunshine will develop feature films…
Is it actually possible for individual U.S. states to establish bitcoin as legal tender currency? Arizona State Senator Wndry Rogers seems to think so, based on the submission (SB 1341) she crafted and introduced late last month, aiming to establish bitcoin as legal tender in the State of Arizona. Meanwhile Texas Governor Candidate Don Huffines has promised to recognize bitcoin…
Russian authorities recently announced that they aim to ban bitcoin (and cryptocurrencies), only to later backtrack with the message that the industry is going to be strictly regulated instead. Curiously, some prominent Bitcoiners have cheered this development, namely the provision of making bitcoin a recognised currency under Russian law. But as I’ll explain in this piece, there is nothing to…
In brief NFT project Solana Monkey Business and the community-run MonkeDAO are locked in a dispute over royalties and funding. MonkeDAO members are considering “entangling” their NFTs by wrapping them, thus circumventing the original royalty model by forking the project. As the Solana NFT ecosystem has risen in recent months, Solana Monkey Business has emerged as the leading project—much like…
Stattrak partnered with ZEBEDEE to integrate the Lightning network to achieve low-cost and efficient bitcoin payments.Stattrak is a free-to-play, play-to-earn mobile platform for fantasy esports that pays in bitcoin.ZEBEDEE is a fintech services company focused on providing Bitcoin services for the gaming industry. Strattrak, a mobile platform for play-to-earn fantasy esports, has launched bitcoin rewards with ZEBEDEE, a fintech developer…
This story comes out of PubDAO, a decentralized news wire. After the ConstitutionDAO saga in November arguably brought DAOs mainstream, more decentralized autonomous organizations are cropping up and quickly raising millions of dollars for real-world causes, from FreeRossDAO to AssangeDAO. But while the massive amount of money DAOs can generate and the purchases they make are regularly covered, what tends…
The White House will reportedly be issuing an executive order as early as next week directing government agencies to study different aspects of the digital asset space with the goal of creating a comprehensive regulatory framework. In a Thursday report from Yahoo! Finance, Jennifer Schonberger said an official familiar with the matter within the Biden administration revealed the executive order…
The U.S. state of Colorado is preparing to accept cryptocurrency for tax payments, said Governor Jared Polis. “We expect to accept crypto by this summer,” he said, adding that after tax payments, crypto will be accepted for other things like driver’s licenses or hunting licenses. Colorado to Accept Crypto for Tax Payments The governor of the U.S. state of Colorado,…
Bitcoin is now legal in Ukraine as its parliament approved in final reading a bill that caters to the president’s recommendations. However, the country has not made bitcoin a legal tender. “The new law is an additional opportunity for business development in our country. Foreign and Ukrainian crypto companies will be able to operate legally, and Ukrainians will have convenient…
