sponsored On November 2rd, 2021, RChain‘s blockchain scientist Atticbee visited ZB exchange as an invited guest for a very technical AMA. ZB is a global exchange being in operation for 8 years with a focus on keeping customers’ assets secure. Atticbee discussed the problems of current blockchain technology and RChain’s answer to these challenges, and why one day RChain will…
Category: News
Crypto has gone from ‘weird’ to ‘cool’ thanks to NFTs says Visa executive
Visas head of crypto Cuy Sheffield said that investing in cryptocurrency has become a lot cooler thanks to an influx of creative types drawn in by the booming NFT sector. Sheffield was speaking on day one of the Singapore Fintech Festival on Nov. 8. He said that a whole new class of mainstream users are flocking to crypto and that…
Robinhood COO praises Shiba Inu as crypto wallet waitlist grows to 1.6M
Robinhood COO Christine Brown has praised the Shiba Inu community but said safety was the platforms priority over the short term gain of listing new tokens. Brown made the comments in an interview for the Crypto Goes Mainstream event streamed live on YouTube on Nov. 10. When asked about Shiba Inu (SHIB) she said: One of my favorite things is…
Swedish Regulators Call for EU Ban on Crypto Mining, Power Company Defends Industry – Mining Bitcoin News
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company warns, however, that restrictions could…
NFT Artist Beeple Sells Latest Work for $29 Million at Auction
It’s not quite $69 million. But, hey, $29 million isn’t too shabby. Beeple, the digital artist whose tokenized artwork “EVERYDAYS: THE FIRST 500 DAYs” sold for a record $69.3 million at a Christie’s auction this March, has followed it up with a $28.9 million sale today of a hybrid physical and digital work. It’s the second-largest sum paid for an…
New York coin launching this week with Mayor-elect Eric Adams blessing
The NYCCoin is set to launch on Nov. 11 with the community-led proposal endorsed by New York Citys Mayor-elect Eric Adams. The NY-focused cryptocurrency is being launched by CityCoins, the same firm that provides the MiamiCoin. The project utilizes the Stacks Protocol built atop of the Bitcoin blockchain to enable smart contracts and issue its coins. CityCoins tweeted on Nov.…
Mastercard Launches First Crypto-Linked Payment Cards for Asia-Pacific Region – News Bitcoin News
Payments giant Mastercard is launching crypto-linked payment cards for the Asia-Pacific region in partnership with three crypto service providers. “For the first time, consumers and businesses in the Asia Pacific region will be able to apply for crypto-linked Mastercard credit, debit, or prepaid cards,” Mastercard said. First Crypto-Linked Mastercards in Asia-Pacific Region Mastercard announced Monday that it has partnered with…
Ripple to launch Liquidity Hub for finance firms that want to offer crypto trading
Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers. Ripple unveiled the Liquidity Hub service in a blog post on Nov. 9, touting a crypto-first future in which every company will need to have a strategy for crypto assets. The new service will target its enterprise clients…
DeFi must address transparency and pseudonymity
SEC Commissioner Caroline Crenshaw has highlighted the benefits of Decentralized Finance while warning of the dangers of failing to embrace a protective regulatory framework in a Nov. 9 opinion piece. The article, DeFi Risks, Regulations, and Opportunities, is the first in the inaugural issue of The International Journal of Blockchain Law. In it, Crenshaw outlines her belief that the DeFi…
Coinbase shares to open lower after 75% drop in net income in Q3
Coinbase (COIN) shares have taken a hit after the firm posted a 75% decrease in net income during the third quarter. COIN closed Nov. 9 with a 0.98% gain at a price of $357.39, however the release of the leading U.S. exchanges Q3 report after market close has coincided with a dip of around 13.10% (at time of this writing)…