Russian central bank proposes blanket ban on crypto mining and trading
News

Russian central bank proposes blanket ban on crypto mining and trading

In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: trends, risks, measures” compares cryptocurrencies to a Ponzi scheme and calls for a complete ban on their use throughout Russia. The authors claim that cryptocurrencies are highly volatile in nature and are being…

Continue Reading

Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles
News

Meta reportedly plans to integrate NFTs on Facebook and Instagram profiles

Multinational tech conglomerate Meta is reportedly diving into nonfungible tokens (NFTs) by integrating a feature that will let users show off their NFTs on their Facebook and Instagram profiles. According to the report, Meta is currently working on prototypes that will allow users to mint collectible tokens. Meta is also discussing potentially launching a marketplace that allows the buying and…

Continue Reading

Bitcoin Mining 'Is a Perfect Battery': Why Foundry Insists Green Activists are Wrong
News

Bitcoin Mining ‘Is a Perfect Battery’: Why Foundry Insists Green Activists are Wrong

In brief Bitcoin mining’s migration to North America has raised scrutiny of its environmental impact. Mining giant Foundry claims the industry is accelerating a move to renewables. The issue has become hot enough to merit a hearing in Congress. When Congress meets on Thursday to discuss the environmental impact of cryptocurrency, it will highlight a growing problem for Bitcoin miners:…

Continue Reading

News

How Will The Latest Powell Pivot Impact Bitcoin?

Watch This Episode On YouTube Listen To This Episode: In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and I sat down with Dylan LeClair to talk about all Federal Reserve news, rate hikes, balance sheet normalization (QT), U.S. government austerity and world news. LeClair is the head of market research for Bitcoin Magazine and produces the Deep…

Continue Reading

Aleph.im raises $10M to develop censorship-resistant data storage
News

Aleph.im raises $10M to develop censorship-resistant data storage

The competition among the computing networks is warming up, with decentralized players coming into the stage with backing from the crypto ecosystem. Decentralized storage and computing network Aleph.im completed a $10 million funding round led by Stratos Technologies. Zeeprime, NOIA Capital, Theia, Bitfwd Capital have contributed to the funding, among others. The cross-blockchain network aims to provide fully decentralized computing…

Continue Reading

'It’s Time': NBA Top Shot Maker Dapper Labs Set to Launch NFT Platform for UFC
News

‘It’s Time’: NBA Top Shot Maker Dapper Labs Set to Launch NFT Platform for UFC

In brief Dapper Labs and Ultimate Fighting Championship will launch the UFC Strike NFT collectibles platform on January 23. Meanwhile, the NFL All Day platform is still set to launch publicly by the end of the current NFL season. After finding success with NBA Top Shot and inking subsequent deals with the NFL and LaLiga, Dapper Labs announced today that…

Continue Reading

The Problems Bitcoin Solved - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides
News

The Problems Bitcoin Solved – Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides

Watch This Episode On YouTube Listen To This Episode: The last time I talked to a lawyer, it wasn’t this fun. Mark Maraia, author, contributor and now contributor liaison here at Bitcoin Magazine, has incredible insight into various industries that are all impacted by Bitcoin. As he explained, there was a nagging feeling of looming problems and inefficiencies in many…

Continue Reading