Blaine Luetkemeyer, a House Representative from Missouri, revisited the issue of major companies exerting control over vast swaths of the Internet, something he expressed concerns about encroaching in the crypto space. Speaking at a Wednesday hearing on digital assets with the The House Committee on Financial Services, Luetkemeyer addressed Bitfury CEO and former Acting Comptroller of the Currency Brian Brooks…
On Wednesday, Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct Authority, or FCA, issued the following statement to the Treasury Committee when asked about the risks of the much-unregulated cryptocurrency sector in the country: When we talk about the compensation scheme, we have to draw some pretty clear lines. I would suggest anything is crypto-related should not be entitled…
The roller coaster ride that is the cryptocurrency market continued its volatile ways on Dec. 8 as Bitcoin (BTC) price briefly slipped below the $49,000 level. Despite the setback, there are still clear signs that crypto mass adoption is taking place, a prime example being Visa’s announcement the it will launch crypto consulting and advisory services for merchants and banks. Analysts…
In brief Artist Micah Johnson created an experiential installation around his Aku NFT character for Art Basel in Miami. Aku World featured exclusive NFTs and merchandise, plus artwork, panel discussions, and an enormous version of Aku’s helmet that visitors could enter. Aku has rapidly become a standout in the rising NFT space. Created by former MLB player Micah Johnson, the…
The French video game manufacturer based in Montreuil, Ubisoft Entertainment SA, has announced the company has launched a blockchain-based platform called Ubisoft Quartz. According to the company, the platform will enhance specific games with playable and energy-efficient non-fungible token (NFT) assets. Ubisoft Quartz Revealed For quite some time, video game companies have shown strong interest in NFT technology and blockchain-based…
On Wednesday, the Banque de France (BdF), the BIS Innovation Hub (BISIH), and the Swiss National Bank (SNB) announced the success of a pilot run of a wholesale central bank digital currency (wCBDC), titled Project Jura. The project aimed to investigate cross‑border settlement with euro and Swiss franc wCBDCs, and launched on a third‑party distributed ledger technology platform. The experimental…
The Biden-Harris administration has unveiled its strategy on “countering corruption.” It includes utilizing the government’s newly established task force, the National Cryptocurrency Enforcement Team, to focus on “complex investigations and prosecutions of criminal misuses of cryptocurrency.” US Crypto Enforcement Strategy for ‘Countering Corruption’ The White House announced Monday, “In line with the president’s direction, the Biden-Harris administration is releasing the…
Hong Kong venture capital firm Chiron Partners has launched a new ecosystem fund dedicated to Terra (LUNA), opening the door to new innovations for the layer-one decentralized finance, or DeFi, protocol. The Chiron Terra Fund I, also referred to as CTI, will deploy $50 million in capital to support innovative projects building on top of the Terra ecosystem. Projects at…
Visa is launching an advisory and consulting service on Bitcoin and cryptocurrency for its institutional clients, according to multiple reports Wednesday. The payments giant will advise banks, fintech companies, and retailers looking to implement Bitcoin services. “Visa hopes its crypto consultancy can help further mainstream adoption of bitcoin,” according to a CNBC report. “Like rival Mastercard, the credit card giant…
A privacy-focused guide on building a secure home network with a pfSense firewall, explaining how to set up dedicated home networks to separate your family’s WiFi web browsing from your Bitcoin mining traffic; how to configure a VPN with WireGuard; and how to send all your internet traffic through Mullvad VPN tunnels with automatic load balancing to switch between tunnels…
