As the U.S. federal government — acting through its Securities and Exchange Commission — continues to valiantly protect investors and the public interest from the grave dangers of a spot Bitcoin exchange-traded fund, one major American city after another begin embracing or at least exploring the potential of crypto and blockchain technology to improve various aspects of city finance, administration…
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Indian Parliament Committee Discusses Crypto Regulation With Industry Experts – Regulation Bitcoin News
India’s parliamentary committee on finance has held a meeting with representatives from the crypto industry and other stakeholders on cryptocurrency and its oversight. “There was an understanding that cryptocurrency can’t be stopped but it must be regulated” and “There was a consensus that a regulatory mechanism should be put in place to regulate cryptocurrency.” First Parliamentary Meeting Dedicated to Crypto…
The View from Solana’s Celebration in Lisbon
For four days last week, Solana took over Lisbon, Portugal. Decrypt travelled to the first Solana Breakpoint conference to get a firsthand view of the Solana community, which has celebrated milestone after milestone over the last 12 months. Here’s what we found. A city-wide celebration of Solana Non-crypto folks arriving in Lisbon would have been forgiven for not knowing what…
How Coinbase is Building our Global Engineering Team
TLDR: Coinbase is now hiring in Brazil and Singapore, building upon remote-first and timezone based regions of work. By Manish Gupta, EVP of Engineering Coinbase continues to rapidly grow our Engineering team around the world. As a global company, we need deep technical and market-specific expertise across the key regions we serve. Earlier this year, we established our first tech hub…
What can Eric Adams do? The limits of turning New York City into a crypto hub
Despite his actual term at the helm of the New York City government kicking off some 1.5 months from now, Eric Adams, the city’s mayor-elect, has already started governing by publicity. Making the Empire City more business and tech-friendly is a centerpiece of Adams’ vocally projected agenda, and — much to the crypto community’s delight — the incoming mayor has…
Crypto Lender Nexo Announces $100M Token Buyback Program
Nexo’s Board of Directors has today approved a $100 million buyback program for its native token NEXO. According to the program’s terms, the company is now authorized—at the company’s discretion and effective immediately—to periodically repurchase NEXO on the open market. It is expected that the program will be completed within the next six months after which the Nexo Board of…
Nasdaq-listed Bitcoin mining firm Marathon to raise $500M in debt
Marathon Digital Holdings, one of the largest Bitcoin (BTC) mining companies in the United States, is looking to raise $500 million in debt to buy Bitcoin and set up new Bitcoin miners. The Nasdaq-listed company officially announced Monday a private debt offering featuring a $500 million aggregate principal amount of its convertible senior notes. The company also expects to grant…
Marathon Plans to Raise $500 Million From Convertible Senior Notes to Buy Bitcoin and Mining Rigs – Mining Bitcoin News
On Monday, the enterprise bitcoin mining operation Marathon Digital Holdings announced the firm will raise $500 million from convertible senior notes in order to accrue more “bitcoin or bitcoin mining machines.” Publicly-Listed Mining Operation to Raise $500M From Debt Markets to Purchase Bitcoin and ASIC Devices Marathon (Nasdaq: MARA), is one of the largest U.S. mining operations and on November…
Bitcoin falls from $66K highs, Tesla down 3% after Elon Musk warns he could sell more stock
Bitcoin (BTC) tested $65,000 as support as U.S. markets opened Nov. 15 as a weekend surge ended in retracement. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Analysts maintain positive BTC price outlook Data from Cointelegraph Markets Pro and TradingView showed BTC/USD giving back a chunk of its overnight gains having hit local highs above $66,000. In a move away from recent…
DJ Deadmau5 Dropping ‘Head5’ NFT Collection on OpenSea
Electronic music producer Joel “deadmau5” Zimmerman is venturing further into the metaverse with another NFT collection, “head5.” Together with his long-time collaborator Nick “Smearballs” DenBoer, deadmau5 will put 5,555 NFTs, minted on the Polygon blockchain, up for sale on OpenSea on Monday. The 3D head-shaped NFTs will cost 0.15 ETH each, or about $680 at the time of publication. So…