Ethereum co-founder Vitalik Buterin has been granted Montenegrin citizenship. Buterin joins other members of the crypto community with global experience who have been invited to help the small Southeast European nation attract investments and develop its blockchain sector. Vitalik Buterin Obtains Montenegrin Passport Prominent crypto figure Vitalik Buterin is now a citizen of Montenegro, the country’s public service broadcaster revealed…
Category: News
Elon Musk endeavors to buy Twitter but will reconsider position if rejected
In a letter sent to the chairman of Twitter’s board Bret Taylor on Thursday, entrepreneur Elon Musk, best known for founding and heading Tesla and SpaceX, has offered to purchase the entire Twitter company for $54.20 a share, stating that the social media platform has “extraordinary potential” that he will “unlock.” Published by the U.S. Securities and Exchange Commission in…
Elon Musk Offers to Buy ‘100% of Twitter’ for $43 Billion
Tesla CEO Elon Musk has offered to purchase 100% of Twitter Inc. stock for $54.20 per share, at a total price of $43 billion, following his earlier purchase of a 9.2% stake in the social media giant. The offer was disclosed in an SEC filing, in which Musk stated that, “My offer is my best and final offer and if…
Stimulus Check Returns On Bitcoin Mining
The two-year anniversary of the first of three coronavirus economic impact payments (aka, stimulus “stimmy” checks) deposited in U.S. taxpayers’ bank accounts came and went on April 11, and headlines about monetary inflation, possible economic recession and generally grim financial tailwinds are everywhere. The ethos of Bitcoin stands diametrically opposed to the perceived reckless spending and money printing that characterized…
Top Latin America delivery app to accept crypto
Rappi, the most popular delivery service in Latin America, is working with Bitso and Bitpay to accept Bitcoin (BTC) and other cryptocurrency payments. As reported by Cointelegraph Brazil, Rappi is integrating with Bitso and Bitpay through a trial project in Mexico. However, it’s unclear whether the pilot plan will also enable access to the service in Brazil and other Latin…
Ava Labs Raises $350M to Build Out Avalanche at $5.25B Valuation: Report
Ava Labs, the lead developer of the Avalanche blockchain, is seeking to raise $350 million in funding. The new round will put the New York-based company’s valuation at a whopping $5.25 billion, according to a Bloomberg report citing people familiar with the matter. Since the round hasn’t been made public, those people spoke on condition of anonymity, with one source…
Algorand Looks to Prove Why Algoracle Is Needed in the Contemporary Blockchain and Crypto Sector – Press release Bitcoin News
press release PRESS RELEASE. As the complexity of current dApps (decentralized applications) on Algorand grows, so must the infrastructure, notably oracles, to enable significantly higher and better feature sets. In the Algorand ecosystem, Algoracle’s opinions on off-chain computing are therefore worth discussing in key detail. What is it exactly? Since smart contracts are unable to access external data on their…
Texas regulators order virtual casino to stop selling NFTs
A virtual, Cyprus-registered casino Sand Vegas Casino Club faced an emergency cease and desist order from Texas and Alabama state securities regulators. The company is ordered to “stop a fraudulent investment scheme tied to metaverses”. On April 13, the Texas State Securities Board reported issuing the order, accusing Sand Vegas Casino Club, Martin Schwarzberger and Finn Ruben Warnke of illegally…
Elon Musk Offers To Buy ‘100% of Twitter’
Tesla CEO Elon Musk has offered to purchase 100% of Twitter Inc. stock for $54.20 per share, following his purchase of a 9.2% stake in the social media giant. The offer was disclosed in an SEC filing, in which Musk stated that, “My offer is my best and final offer and if it is not accepted, I would need to…
Users could have lost all their NFTs
The research arm of cyber security software firm Check Point said it identified a vulnerability in the Rarible NFT marketplace that could have seen many of its roughly two million active monthly users lose their NFTs in a single transaction. Check Point is a multinational IT security firm that was founded in Ramat Gan, Israel in 1993 and also claimed…