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Read More »Crypto Exec Ryan Salame Donates Millions to GOP Candidates
Ryan Salame is a 29-year-old libertarian-leaning republican who also works heavily in cryptocurrency. He runs FTX Digital Markets in the Bahamas where he presently lives, and he just shelled out more than $13 million of his own money to support a bunch of GOP candidates in the present midterm primaries. Ryan Salame Believes in the Republican Party The ironic thing about this situation is that recently Sam Bankman-Fried – who also is tasked with running FTX divisions –...
Read More »The SEC Just Made It Very Hard for Banks to Get into Crypto
It looks like there are plenty of banks out there that want to thin the line between themselves and crypto. They have digital currency plans in the mix and they’re ready to act on them, but the Securities and Exchange Commission (SEC) is allegedly getting in the way. The SEC Is Back to Its Old Tricks The SEC has recently released new accounting guidance that has made crypto development much harder on the side of traditional finance. According to the new rules, any bank...
Read More »Nassim Taleb Is No Bitcoin Fan
Bitcoin – despite its present price dilemma – has done quite well for itself. As a currency that’s only 13 years of age, the asset has moved along at a steady pace and has ultimately paved the way for all kinds of new and innovative financial structures and ideals such as digital payments and speculative investing. However, not everyone is a fan, and Nassim Taleb – the author of the acclaimed book “Black Swan,” has always had nasty things to say about the world’s number...
Read More »The Ethereum Merge Has Allegedly Affected Bitcoin
Bitcoin has gotten quite a few shakeups in the previous weeks largely due to activity from both Ethereum – the second largest digital currency by market cap and its number one competitor – after the Merge, and the Federal Reserve, which held another meeting about a week after it took place. Has Ethereum Weakened Bitcoin? It appears bitcoin can’t seem to receive a stable rest over the past several months. The currency has undergone some of its most bearish conditions, and...
Read More »Bitcoin Price Slips Despite Strong US Job Data in September
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Read More »“Change the Code” Campaign Seeks to Get BTC to Switch to Proof of Stake
Now that Ethereum has completed its Merge and gone from a proof of work (PoW) module to proof of stake (PoS), many environmental groups want bitcoin to do the same. Several have formed together to establish an initiative called “Change the Code, Not the Climate” as a means of pushing bitcoin more towards less energy-intensive methods of extracting units. Change the Code Seeks to Change BTC Forever $1 million has been spent on the Change the Code campaign. Greenpeace is also launching a new...
Read More »Jay-Z and Jack Dorsey’s Bitcoin Academy Receives Mixed Reactions
The Bitcoin Academy is a new project developed and initiated by rapper and businessman Jay-Z and former Twitter executive Jack Dorsey. Jay-Z, Jack Dorsey, and the Bitcoin Academy The goal was to present crypto opportunities and education to residents of the Marcy Houses (a housing project in New York where Jay-Z allegedly grew up) and provide them with information they’ll need to maintain financial independence and freedom. Classes range from “Careers in Crypto” to “Why...
Read More »Guardian Platform Seeks to Bring All Crypto Project Data Under One Roof
Guardian Platform – a leading ERC-20 token firm – is in the process of developing what it’s calling the “Stage 5” project data dashboard. The product is quite unique and ambitious in the sense that it will bring information about all the leading crypto-based projects out there right now to customers through a single point. Guardian Wants to Give Us All the Necessary Crypto Data One of the big things about crypto projects nowadays is that they are often somewhat obscure....
Read More »Uruguay Is Calling for Crypto Regulation
The government of Uruguay in South America has introduced a new bill that would see all cryptocurrency-related activity being regulated within the nation’s borders. Uruguay Wants to Regulate Crypto Under the new bill, central banks would serve as the ultimate regulatory authority. The status of cryptocurrencies and digital assets would be fully outlined in the bill, and all companies that delve in digital tokens or in blockchain would fall under the supervision of what’s...
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