YouTube’s Chief Product Officer Neal Mohan published a blog post today about the company’s upcoming plans for new products and features in 2022, citing an interest in Web3, blockchain, and NFTs. NFTs are digital tokens that exist on blockchain networks, such as Ethereum, that are used to verify ownership over an asset. Typically, NFTs point to ownership of an image,…
Legendary value investor Bill Miller reiterated in a Wednesday interview that holding bitcoin is akin to having insurance against financial catastrophe, echoing comments he made last month as he disclosed that bitcoin comprised half of his fortune. Miller explained that bitcoin doesn’t account for 50% of his portfolio any longer given the digital currency’s price decline over the past couple…
While Miami’s mayor Francis Suarez told the public he was a big believer in bitcoin and has accepted his pay in bitcoin, at the same time, a crypto coin called miamicoin (MIA) was launched. The Miamicoin project’s goal was to give Miami’s “citizens and supporters the power to support, improve and program the Magic City.” However, after reaching $0.05 per…
Chris Sununu, who has served as the Governor of New Hampshire since 2017, has established a commission aimed at investigating the technology and laws around digital assets in addition to recommending new legislation. On Wednesday, the New Hampshire Governor’s office announced it would be issuing Executive Order 2022-1 to create the Governor’s Commission on Cryptocurrencies and Digital Assets. Governor Sununu…
Creating a token requires deploying a smart contract which is simplified with modern platforms that enable users to fill in details of their proposed token without coding or technical knowledge. Traditionally, creating a token would require a creator to outline token properties, including the supply, name, and number of auxiliary functions. This step would be followed by deploying a smart…
In brief Bitfinex says it is entitled to the return of more than 94,000 Bitcoins as the “victim” of the hack. That may be unlikely given the company is under a cloud of regulatory and possibly criminal trouble. The Justice Department announced on Tuesday that U.S. law enforcement seized over 94,000 Bitcoins from a New York-based tech entrepreneur and his…
Bitcoin (BTC) bulls have good reason to celebrate the 22% gain in the past week. The price is pushing toward $46,000 and to the surprise of many, the $43,000 level held steady despite the volatility caused by the United States inflation data released on Feb.10. There have been mixed feelings on the macroeconomic side. For example, retail sales in the…
Bitso, a major Latin American cryptocurrency exchange and El Salvador’s crypto wallet assistant firm, has announced its formal launch in Colombia. As part of Bitso’s development strategy in Colombia, the exchange has hired former Mastercard executive Emilio Pardo as new country manager, the firm announced to Cointelegraph on Thursday. Pardo is former head of business development for the Andean Region…
MakerDAO, the decentralized organization (DAO) behind the DAI stablecoin, is rolling out a bug bounty program with Immunefi, the leading crypto security services platform—promising a record payout of $10 million to whitehat hackers who identify vulnerabilities in its smart contracts. With a maximum single payout of $10 million in DAI, MakerDAO’s bug bounty program claims to be not only the…
LEO fell for a second consecutive session, as crypto markets traded with higher levels of volatility on Thursday. THETA ignored this uncertainty and climbed by close to 20% today. Biggest gainers Following turbulence during today’s trading session, the global cryptocurrency market capitalisation was able to climb, and was around 1% higher as of writing. . Leading this gain was theta…
