News

US Senator Hagerty to CFPB Director: Dont Stifle Crypto Innovation

U.S. Senator Bill Hagerty (R-VA), who was elected in 2020 to represent Tennessee after a stint as Ambassador to Japan, spoke to newly appointed Consumer Financial Protection Bureau Director Rohit Chopra regarding cryptocurrencies in a banking committee hearing, saying I just want to make certain as you exercise those oversight responsibilities that we don’t stifle innovation in this arena. Digital…

Continue Reading

News

AMC Theatres CEO considers adding Shiba Inu as payment for ticket purchases

AMC Entertainment is in the process of updating its technical infrastructure to allow consumers to pay online with Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Dogecoin (DOGE) for movie tickets. But it doesn’t stop there. In a Twitter post early Friday morning, Adam Aron, the company’s CEO, asked if users would be potentially interested in paying with Shiba Inu as…

Continue Reading

News

Kraken’s ‘Shocktober’ Report – Bitcoin News

Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits, these being more prone to sell due to market movements. ‘Shocktober’ Report Paints a Bullish Panorama …

Continue Reading

News

Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years

A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate digital currency mining activities generate about 98 billion tenge ($230M USD) per year in the country. Alan Dordzhiev, the president of the NABDC, issued the following…

Continue Reading

News

Ethereums new all-time high prepares ETH for ‘continuation to $5,000’

The cryptocurrency market is in high spirits on Oct. 29 after bulls managed to lift the price of Bitcoin (BTC) back near the $63,000 support zone and Ether (ETH) has established a new all-time high at $4,460. ETH/USDT 4-hour chart. Source: TradingView Here’s what anlaysts are saying about the market now that Bitcoin is finding support above the $60,000 level…

Continue Reading

News

How SIGHASH_ANYPREVOUT And Eltoo Could Improve The Lightning Network

Watch This Episode On YouTube Listen To This Episode: In this episode of “The Van Wirdum Sjorsnado,” hosts Aaron van Wirdum and Sjors Provoost discussed SIGHASH_ANYPREVOUT, a proposed new sighash flag that would enable a cleaner version of the Lightning Network and other Layer 2 protocols. Sighash flags are included in Bitcoin transactions to indicate which part of the transaction…

Continue Reading

News

Patreon May Let Creators Offer Fans ‘Exclusive Memberships’ Through Social Tokens

In brief Patreon is considering letting creators use crypto tokens to monetize their fanbases. Creator-centric social tokens are already available via platforms like Rally and Roll. Patreon lets creators earn income directly from supporters via subscriptions, potentially yielding stronger bonds with fans while enabling new types of business models. Now, the service says that it is considering adding the option…

Continue Reading

News

Cardano stablecoin protocol Ardana raises $10M in latest funding round

Ardana, a stablecoin ecosystem built on the Cardano (ADA) blockchain, received $10 million in seed capital from a group of investors led by Three Arrows Capital and Ascensive Assets. Ryan Matovu, CEO and co-founder of Ardana, issued the following statement regarding the deal: As the first all-in-one stablecoin ecosystem built on Cardano, our platform provides users with convenient access to…

Continue Reading