Ice Cube backs DOGE and an ‘incredible and historical’ transaction
Ice Cube said he is down with the “DogeArmy” after Bill Lee bought $625,000 worth of NFTs tied to the rappers’ BIG3 basketball league in DOGE. Go to Source Powered by WPeMatico
Month: May 2022
Argentina’s central bank steps in to block new crypto offerings from banks
Only four days have passed since two of Argentina’s biggest banks opened up to crypto trading but now the central bank has stepped in to block the offerings. Go to Source Powered by WPeMatico
Bitcoin Miners Reach the Halfway Point to the Next Block Reward Halving
On May 5, 2022, at block height 735,000, the bitcoin mining pool Poolin mined the 105,000th block reward since the last halving. The mined block also represents the halfway point to the next halving that is estimated to take place on or around April 27, 2024. Block 735,000 follows the network issuing over 19 million … Read more
Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)
The bill is a response from the Alabama Senator to Senator Warren and the Department of Labor’s bid to block Bitcoin investments in self-directed 401(k) investment plans. Go to Source Powered by WPeMatico
Hop Protocol reveals details of Hop DAO and Optimism-style airdrop
Cross-chain bridging protocol, Hop has launched Hop DAO, its community-owned governance structure that will see early users airdropped 8% of all HOP tokens. Go to Source Powered by WPeMatico
California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology,” said the governor. California’s Governor Issues Executive Order on Blockchain and … Read more
‘Decentralized Twitter’ Bluesky releases code, outlines content moderation
Bluesky outlined that it is “not possible to have a usable social network without moderation,” and intends to build a moderation model for the network dubbed “speech and reach.” Go to Source Powered by WPeMatico
Court orders BitMEX founders to pay $30M civil penalty
The three co-founders have been ordered to pay hefty fines for what the CFTC calls their involvement in serious violations of regulations and the Commodity Exchange Act. Go to Source Powered by WPeMatico
Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume
After almost seven months and over 8.4 million emails on the waitlist Coinbase opened its NFT marketplace to the public but only recorded 150 transactions on the big day. Go to Source Powered by WPeMatico
Elon Musk Secures Funding From Crypto-Friendly Binance, Sequoia, Fidelity to Buy Twitter
Tesla and Spacex CEO Elon Musk has secured $7.139 billion in new financing commitments to fund his acquisition of Twitter, including from several pro-crypto companies. Cryptocurrency exchange Binance, for example, has committed to invest $500 million in the social media platform alongside Musk. Crypto-Friendly Companies Join Elon Musk to Buy Twitter Tesla CEO Elon Musk … Read more
