The ARwards: The Official OVR Contest for Content Creators

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Following the announcement of a few days ago, the decentralized multiverse platform OVR, which unites the physical and virtual worlds through Augmented Reality, has launched “The ARwards” contest open to all creators who are looking for an opportunity to gain wide visibility and possibly win interesting prizes. First of all, The ARwards is completely free for any participant who will simply be asked to register. Creators will be required to provide: username, password, email and nationality, thus completing the registration in less than five minutes. The platform offers content creators…

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Dogecoin Co-Founder Suggests an Ethereum Bridge to Doge and Compatible NFT Markets

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Billy Markus, the co-founder of Dogecoin, explained on Wednesday that an Ethereum bridge to the Doge network would bolster the dogecoin ecosystem. Markus also said that non-fungible token (NFT) markets “would help Dogecoin” as well. Dogecoin Co-Creator Thinks 2 Ideas Could Help the Doge Network The popular crypto asset dogecoin (DOGE) has gained a whopping 7,500% during the last 12 months and reached a high of $0.731 per unit on May 8, 2021. However, DOGE is down 72% since that all-time high and 25.4% during the last month. While the…

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Pelosi delays infrastructure vote as Democrats struggle to reach deal

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Speaker Nancy Pelosi pushed off a planned vote on a bipartisan infrastructure bill late Thursday after top Democrats in the House, Senate and the White House failed to reach a deal to pass the legislation. Pelosi and other top Democrats engaged in hours of frenetic negotiations, hoping to produce a bicameral deal on President Joe Biden’s broader social spending package, which progressives had demanded in exchange for their votes on the Senate-passed infrastructure bill. But after the daylong frenzy, in which senior aides for Pelosi, Senate Majority Leader Chuck Schumer…

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Former Federal Prosecutor: There’s Much More to Crypto Than Financial Use Cases, Regulation Cannot Be One Size Fits All

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Former federal prosecutor Katie Haun says that regulators really need to take stock of the fact that we’re beyond just financial use cases of cryptocurrency. “There’s much more to crypto than that,” she said, adding that “Regulation cannot be one size fits all.” Haun further said that crypto is not the Wild West and the industry wants clarity, not lack of regulation. Former Federal Prosecutor Discusses Crypto Regulation and SEC’s Role Katie Haun talked about cryptocurrency and its regulation at CNBC’s Delivering Alpha Conference Wednesday. Haun is a general partner…

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SEC Chairman Gary Gensler Looks Forward to Review of Bitcoin Futures ETF Filings

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, explains that some laws provide “significant investor protections” for exchange-traded funds (ETFs), including those seeking to invest in bitcoin futures. He looks forward to seeing the SEC’s review of such filings. SEC Chairman Looks Forward to Staff’s Review of Bitcoin Futures ETF Filings SEC Chairman Gary Gensler talked about crypto regulation and bitcoin exchange-traded funds (ETFs) at the Financial Times’ Future of Asset Management North America conference Wednesday. In prepared remarks, he discussed “investment vehicles providing exposure to…

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Billionaire Orlando Bravo Owns Bitcoin, Says ‘It Will Increase Significantly, I’m Very Bullish’

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Orlando Bravo, the billionaire who co-founded private equity firm Thoma Bravo, says he is very bullish on bitcoin, expecting the cryptocurrency to “increase significantly.” He described: “Crypto is just a great system. It’s frictionless. It’s decentralized. And young people want their own financial system. So it is here to stay.” Billionaire Investor ‘Very Bullish’ on Bitcoin Orlando Bravo, co-founder and managing partner of private equity firm Thoma Bravo, talked about bitcoin Wednesday at CNBC’s Delivering Alpha conference. His net worth as of Sept. 29 is $6.3 billion, according to Forbes.…

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Democrats grit their teeth after Manchin lists demands

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Democrats are desperately trying to make lemonade out of the bag of lemons Joe Manchin handed them Thursday. Senate Democrats spun away Manchin’s utter rejection of their $3.5 trillion spending dreams and embrace of a $1.5 trillion plan as a positive development, saying that it offered them a path forward for negotiation on a potential deal. When that deal will come to fruition, however, is anyone’s guess. And that still leaves some Democrats pretty sour about the whole affair, as progressive aspirations face their second major setback. Their original goal…

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Congress averts shutdown, sends 9-week funding patch to Biden’s desk

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Congress thwarted a government shutdown that would occur at midnight on Thursday after both chambers swiftly passed a short-term spending bill, sending the measure to President Joe Biden’s desk just hours before federal cash expires. The House passed the stopgap bill in a 254-175 vote on Thursday afternoon, just a few hours after the Senate approved the bill in a 65-35 tally. The continuing resolution would keep spending levels static for both the military and non-defense programs, buying Congress until Dec. 3 to either work out a broader deal on…

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Solana-Based DEX Soldex AI, CEO John Robertson Explains the Impact

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One of the backbones of crypto market in today’s world are decentralized exchanges that took the world by the storm in recent years. And as the crypto exchange market is moving and developing rapidly, it is absolutely no surprise that the exchanges have to evolve in accordance. Therefore, today, The CEO of Soldex.ai, John Robertson will present you with the next step in crypto exchanges, which is the AI powered trading that may be the future of the token trading. The impact of Soldex.ai and what makes it to stand…

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Coinbase to Add Direct Deposit Feature — US Paychecks Can Soon Be Converted to Crypto

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On September 27, the digital currency firm Coinbase announced that U.S. customers will soon be able to directly deposit their paycheck into their Coinbase accounts. With the new direct deposit feature, Coinbase customers can leverage their funds to make investments, generate yield, or add value to their Coinbase prepaid debit card. US Coinbase Customers Will Soon Be Able to Use Direct Deposit Feature Coinbase has come a long way since the firm was created in 2012, and now as a publicly-listed company, the crypto firm offers a myriad of services…

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Manchin proposed $1.5T top-line number to Schumer this summer

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Joe Manchin proposed a deal to Senate Majority Leader Chuck Schumer this summer to limit the total cost of Democrats’ sweeping spending bill to $1.5 trillion, according to a copy of the agreement obtained by POLITICO. Manchin also suggested beginning debate no earlier than Oct. 1. The West Virginia senator has been distributing the document to Democratic colleagues and leaders in recent days to underscore that he has outlined his red lines on President Joe Biden’s jobs and families plan. The one-page understanding is dated July 28, right before the…

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DC Comics Aims to Release ‘One of the Largest NFT Drops Ever’ at This Year’s Fandome

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One of the largest and oldest American comic book publishers DC Comics, Inc., has announced the firm has partnered with Palm NFT Studio in order to unleash a large swathe of non-fungible token (NFT) collectibles. The NFT drop will take place during the DC Fandome on October 16 and the NFT art will feature superheroes like Batman, Superman, Green Lantern, Wonder Woman, and Harley Quinn. American Comic Book Publisher DC Comics to Drop a Large Collection of NFTs Two weeks from now on October 16, the American comic book publisher…

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Senate passes 9-week funding patch to thwart shutdown

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The Senate passed a stopgap spending bill Thursday afternoon that would prevent a government shutdown come midnight and punt the funding cliff into early December. The measure now lands in the House, which is expected to clear the bill for President Joe Biden’s signature with mere hours to spare before cash stops flowing to federal agencies. The continuing resolution would keep spending levels static for both the military and non-defense programs, buying Congress until Dec. 3 to either work out a broader deal on new funding totals or yet another…

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Pelosi mounts eleventh-hour push for infrastructure vote

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Speaker Nancy Pelosi on Thursday declared she had no plans to delay a high-profile vote on President Joe Biden’s infrastructure bill, even as members of her leadership team bluntly warned the vote could fail. Pelosi told reporters a half-dozen ways that Democrats were muscling ahead with the vote despite mounting progressive threats to tank the bill without a clear path forward for the party’s separate — but politically linked — safety net bill. “We’re on a path to win the votes. I don’t want to even consider any options but…

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Senate to pass 9-week funding patch to thwart shutdown

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The Senate is slated to pass a stopgap spending bill Thursday afternoon that would prevent a government shutdown come midnight and punt the funding cliff into early December. The chamber is expected to vote on the nine-week patch around lunchtime, sending the measure to the House, which is expected to clear the bill for President Joe Biden’s signature with mere hours to spare before cash stops flowing to federal agencies. The continuing resolution would keep spending levels static for both the military and non-defense programs, buying Congress until Dec. 3…

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CFTC Charges 14 Trading Platforms Offering Crypto-Related Investments

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The Commodity Futures Trading Commission (CFTC) has charged 14 trading platforms that claim to offer crypto-related investments but have either failed to register with the CFTC or falsely claimed to be registered. These websites also exhibit other signs of being scams. 14 Entities Charged by CFTC After charging major cryptocurrency exchange Kraken, the Commodity Futures Trading Commission (CFTC) has now gone after trading platforms claiming to offer crypto-related investments. The CFTC announced Wednesday that it has “filed charges against 14 entities for either failing to register as futures commission merchants…

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Survey Shows 64% of Britons Believe Crypto Is ‘Not a Safe Investment,’ Respondents Think Ethereum Is a Drug, Cardano Is Cheese

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While there’s a lot of hype surrounding digital currencies like bitcoin, a great number of people are still confused by the crypto economy and the myriad crypto assets that exist. One study shows that some people think Ethereum is a drug, while others think Cardano is a cheese. Traders of Crypto Surveys Hundreds of Britons, Researchers Parse 12 Months of Crypto Query Data A recent study published by the researchers at tradersofcrypto.com combed through the most-searched questions that could be entered into Google Keyword Planner in order “to discover how…

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How Binance Helps Legal Authorities Take Down Cybercriminals Laundering Illicit Funds

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According to the latest UN statistics, global money laundering transactions reach up to $2 trillion a year. A small fraction of that huge amount passes through the digital assets ecosystem, and responsible actors in it are working to bring that down even more. As the world’s leading cryptocurrency exchange, Binance has especially taken it upon itself to protect the safety and security of the virtual finance world. Here is how it helps legal authorities to take down cybercriminals laundering money. Busting the $500 Million FANCYCAT Ring In June 2021, Binance…

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Terra to Apply Columbus 5 Mainnet Migration

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Terra, a top 15-ranked cryptocurrency by market capitalization, is planning to apply the Columbus 5 upgrade to its mainnet today. If everything goes according to plan, this new update will bring improvements to allow the Terra network to keep expanding. Columbus 5 will change how the network mints UST (terrausd), the main stablecoin of the blockchain, and will also bring integration with other chains, and faster transactions. Columbus 5 to Go Live Today Terra, a smart contract-enabled cryptocurrency chain, is prepared to apply the new Columbus 5 mainnet upgrade today.…

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Nigerian Lawmaker Proposes Closure of All Domiciliary Accounts in Order to Save Imperiled Naira

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Nigerian lawmaker Ibrahim Obanikoro has called on Nigerian authorities to “close all domiciliary accounts for the next 12 months.” Such a move, he argues, will help to ease pressure on the naira, which has depreciated by more than 10% in the past two months. The Naira’s Continuing Depreciation The call by Obanikoro comes nearly two weeks after threats from the Central Bank of Nigeria (CBN) governor forced Abokifx to stop publishing the naira’s black market exchange rates. Yet even after the suspension of the service, the naira continues to slide…

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The White House is fine with the hell progressives are raising

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Progressives in the House are revolting. Inside the White House, they’re welcoming it. One by one, liberal lawmakers have announced that they will vote to defeat a bipartisan infrastructure bill if moderate Democrats and the White House do not offer a firm outline for an accompanying social and climate spending package as well. And just as tensions within the party were at a seeming boiling point this week, Sen. Bernie Sanders (I-Vt.) turned it up even further, urging House Democrats to vote against that bipartisan infrastructure bill when it is…

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Democrats dial back drug-pricing plans to win over moderates

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Top congressional Democrats are acknowledging for the first time that they’ll have to scale back their drug pricing plans to win centrist votes for their giant social spending package. Leadership may drop efforts to have the government directly negotiate the prices for medicines in private insurance plans and make fewer drugs subject to negotiations in Medicare, among the changes under consideration. It’s a sign the drug industry is bending a potential compromise in manufacturers’ favor after spending more than $171 million lobbying in the first half of this year, including…

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Russian Post to Employ Blockchain Technology in Parcel Tracking

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The national postal operator of Russia plans to implement a parcel tracking system that will rely on blockchain technology. The introduction of the new service is part of Russian Post’s digital transformation strategy and is expected to reduce the number of lost shipments. Blockchain-Based Tracking System to Help Russian Post Save Time and Resources In the context of efforts to develop its services and improve the efficiency of its logistics, Pochta Rossii, or Russian Post, is considering various options, including the implementation of blockchain technology, a representative of the company…

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EverRise Brings Buyback Token and Ecosystem of dApps to Polygon and Ethereum

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PRESS RELEASE. Singapore, September 30, 2021. Less than three weeks after releasing its first dApp EverOwn for Binance Smart Chain, EverRise is proud to announce they will launch EverBridge to both the Ethereum and Polygon blockchains on October 5th. With EverBridge, EverRise will make its revolutionary suite of dApps available to projects on both networks starting with EverOwn for Ethereum on October 5th, followed by EverOwn for Polygon on October 8th. This will expand the reach of EverRise’s security solutions and enable the $RISE token to be traded and utilized…

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‘Faster and Cheaper Cross-Border Transfers’ — Banking Report Led by BIS Highlights the Benefits of Cryptocurrency

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According to a report published by the Bank of International Settlements (BIS) and a group of central banks, digital currencies can lead to faster settlement and cheaper transfers. Moreover, the banking group leveraged a prototype that shows how money transfers can be done in seconds with very little processing fees. Inexpensive Transfers & Speed: Bank of International Settlements Report Says Digital Currencies Can Be More Effective During the second week of September, the head of the Bank of International Settlements (BIS) Innovation Hub, Benoît Cœuré, explained that central banks need…

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Tesla CEO Elon Musk Opposes Governments Regulating Crypto, Says They Should ‘Do Nothing’

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Tesla CEO Elon Musk thinks governments should not try to regulate cryptocurrency. “I would say, do nothing,” he recommended. Musk believes that it is not possible to destroy crypto, but governments can “slow down its advancement.” Elon Musk Says Governments Should ‘Do Nothing’ and Leave Crypto Alone Tesla CEO Elon Musk discussed cryptocurrency and China on Tuesday at Code Conference in Beverly Hills, California. Responding to a question from New York Times columnist Kara Swisher about whether it is “the right thing” for governments to regulate and take control of…

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House approves doomed debt limit extension but hurdles loom

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The House on a mostly party-line vote approved an extension of the debt ceiling through 2022 Wednesday, but Republican opposition in the Senate will almost certainly doom the measure. The vote came amid intraparty division over Democrats’ strategy to address the debt limit and several other high-stakes standoffs bedeviling them this week. That includes averting a government shutdown that will kick in Friday and the fate of President Joe Biden’s infrastructure bill, which was slated for a vote Thursday. Some Democrats predicted the infrastructure vote would not even happen Thursday.…

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Manchin offers alternative plans to Democrats’ ‘fiscal insanity’

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Joe Manchin released a statement on Wednesday afternoon panning his colleagues’ spending plans as “fiscal insanity.” Then he started to lay out how he wants to work on President Joe Biden’s family plan. As all of Washington hangs on his every word, Manchin said he did want to clinch a reconciliation bill even as some progressives fear he’s trying to kill the whole thing. But rather than approach the effort as the multi-trillion-dollar social spending and climate change bill envisioned by his colleagues, Manchin said Democrats needed to start with…

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Miami Mayor: China’s Crypto Crackdown ‘Creates Incredible Opportunity for America’ in Bitcoin Mining

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The mayor of Miami, Florida, sees China’s cryptocurrency crackdown as “the turning point” that “creates an incredible opportunity for America.” He said: “Their loss is our gain and America can and will lead the future by providing a clean power home for bitcoin miners and all who are building on/with/for bitcoin.” Miami Mayor Sees US Benefiting From China’s Crypto Crackdown Miami Mayor Francis Suarez, who has been trying to build his city into a bitcoin hub, sees the crypto crackdown by the Chinese government as an opportunity for his city…

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Schumer, Pelosi toil to ease cross-Capitol rifts over Biden agenda

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Daylight is cracking through between Chuck Schumer and Nancy Pelosi after nearly five tight-knit years leading congressional Democrats together. The two leaders are trying to ease the cross-Capitol differences that have consumed the Democratic Party’s majorities the past two weeks. And they’ve been laboring to get their caucuses and President Joe Biden on the same page. The speaker and Senate majority leader headed to the White House on Wednesday afternoon to try and shore up Biden’s jobs and families plan, which is on the brink of collapse as Senate moderates…

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Salvadoran President Shares Video of Volcano-Powered Bitcoin Mining Facility

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On Tuesday, Salvadoran president Nayib Bukele shared a video of a bitcoin mine operating adjacent to a volcano. Bukele discussed the volcano-powered bitcoin mining on June 9 when he talked about the “95MW of 100% clean, 0 emissions geothermal energy from our volcanos.” El Salvador’s Nayib Bukele Shares a Video of the ‘First Steps’ Behind the Volcano-Powered Bitcoin Mine Construction The president of El Salvador shared a video via the social media platform Twitter that said “First steps,” as the film shows ASIC bitcoin mining rigs being installed at a…

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Thailand to Develop ‘Cryptourism,’ Considers Issuing Utility Token

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In search of ways to heal its travel industry, hurt by the pandemic, Thailand is now recognizing an opportunity to tap into a growing market of cryptocurrency holders. Fostering a “cryptourism atmosphere” is what the country’s tourism agency intends to do, including by minting a new token and facilitating bitcoin card payments. Tourism Board of Thailand Plans to Employ New Coin to Spur Demand From Crypto Market Pondering how to capitalize on the expanding global crypto user base, the Tourism Authority of Thailand (TAT) has pitched the idea of issuing…

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Lina Khan’s big tech crackdown is drawing blowback. It may succeed anyway.

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In July, the CEO of the biotech giant Illumina flew to D.C., checked into a hotel room off M Street and tried to conduct a routine piece of business: Persuading the Federal Trade Commission to let his company buy a cancer startup. But nobody from the FTC would meet with him. In the Obama and Trump eras, a pilgrimage to Washington was a tried-and-true strategy for CEOs seeking to resolve antitrust logjams — often yielding a flurry of meetings between commissioners and companies like Google, T-Mobile and Apple. But as…

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Kraken Charged by CFTC Over Margined Crypto Transactions, $1.25 Million Penalty Imposed

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The Commodity Futures Trading Commission (CFTC) has charged Payward Ventures, the operator of cryptocurrency exchange Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing to register.” CFTC Charges Kraken, Imposes $1.25 Million Penalty The Commodity Futures Trading Commission (CFTC) announced Tuesday that it has imposed a $1.25 million penalty on cryptocurrency exchange Kraken. The derivatives regulator issued an order filing and settling charges against Payward Ventures Inc., dba Kraken, “for illegally offering margined retail commodity transactions in digital assets, including bitcoin, and failing to…

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Swash Will Bring You Back Control of Your Data so You Can Earn From It, Not Tech Monopolies

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Who controls your data is a vital and growing concern these days. People are now fully aware of how the giant tech monopolies are extracting value out of users’ private information while they get nothing in return. Regulators, companies and users have all began to challenge the way this happens by limiting the invasion of privacy wherever possible. However, the potential of transferring value to users still remains allusive. Swash changes the paradigm by putting data monetization in the hands of the users themselves. Creating a New Age of User…

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Central Bank of Ukraine Seeks to Hire Blockchain Developer

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National Bank of Ukraine is hiring a blockchain expert who will likely support its digital currency project. The vacancy has been announced as the financial institution prepares to pilot e-hryvnia salary payments for government workers as early as this year. NBU Posts Blockchain Developer Ad on Linkedin The central bank of Ukraine is looking to employ a blockchain developer with promises of career growth opportunities and a private sector salary. A job posting describing the role’s responsibilities and the benefits candidates may expect has been recently published on Linkedin by…

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Biden bets it all on unlocking the Manchinema puzzle

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Joe Biden knows the way to progressives’ hearts but he’s still trying to figure out what makes Joe Manchin and Kyrsten Sinema tick. Between now and Thursday, the White House is devoting all of its energy to sketching out a framework for a social spending and climate package upon which the factions of the Democratic party can agree. Inside the West Wing, the belief is that it all begins with nailing down the two centrist Senate Democrats on what they can live with in the president’s $3.5 trillion plan, in…

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Nigerian CBDC Website Goes Live, Central Bank Faces Trademark Infringement Allegations

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According to reports from Nigeria, the official website for the Central Bank of Nigeria (CBN)’s e-naira digital currency is now up and running. The reports come just a few days before the start of the central bank digital currency (CBDC) rollout. E-Naira Similar to Physical Currency An analysis by regional news outlet This Day suggests that the website had recorded more than a million hits barely 24 hours after it went live. Such a reaction, according to the publication, points “to the level of interest in the proposed digital currency.”…

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Alibaba Suspends Sale of Cryptocurrency Mining Hardware on Its Platform

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Alibaba, the Chinese e-commerce giant, has announced it will no longer allow the sale of cryptocurrency mining gear on its platform. The sales behemoth made this announcement yesterday via its official website. The move is a direct consequence of the latest ban the Chinese government has applied to cryptocurrency trading and mining. Other institutions and exchanges have also been affected. Alibaba Bans ASIC Miner Sales Alibaba, one of the biggest sales companies in China, has announced it intends to ban the sale of cryptocurrency miners and cryptocurrencies themselves on its…

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Cardano to Invest $100 Million to Fund Decentralized Finance Projects

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Emurgo, the financial arm of leading cryptocurrency project Cardano, has announced it will invest $100 million in the development of decentralized finance-based products for the ecosystem. The company will spin two subsidiaries for this task, with one being fully dedicated to incentivizing the creation of Africa-based startups that use the Cardano blockchain in the development of their products. Cardano to Push Ecosystem With $100 Million Emurgo, the financial arm of Cardano, is planning to kickstart the development of Cardano-related products by directing $100 million to two new investment vehicles. The…

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Pan-African Exchange Yellow Card Raises $15 Million in Latest Funding Round

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Yellow Card, an Africa-focused crypto exchange platform, recently announced a capital raise of $15 million from its Series A funding round. The capital raise, which is Yellow Card’s largest, was led by Valar Ventures, Third Prime, and Castle Island Ventures. Square, Coinbase Ventures, and Blockchain.com Ventures also participated in the round. Making Cryptocurrencies Accessible According to the exchange platform’s blog post, part of the funds raised will be used to “ramp up hiring and continue its expansion across the continent.” On the other hand, Chris Maurice, founder and CEO of…

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Huobi-Backed SocialFi Platform, Torum to Make Social Metaverses a Reality With Avatar NFTs

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PRESS RELEASE. Torum is set to launch a pioneering social metaverse and socially integrated Avatar NFTs through a unique SocialFi platform. 29th September 2021, Kuala Lumpur, Malaysia — Torum SocialFi platform has announced that it will be launching a ‘Social Metaverse’ and the world’s first-ever social-integrated Avatar NFT, following a strategic investment from Huobi Ventures back in August 2021. Torum SocialFi Platform The conceptualization and creation of metaverses has been on the rise since the explosion of the NFT market, and Torum is leading the social side of this emerging…

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China’s Great Firewall Censors Crypto Websites Coingecko, Coinmarketcap, Tradingview

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On September 28, reports stemming from social media and crypto-focused forums detailed that China has been blocking a number of cryptocurrency websites. The Twitter handle for 8btc News tweeted that the web portals coinmarketcap.com and coingecko.com have been blocked from mainland China. The ‘Great Firewall,’ as it is often called, has also blocked a number of other sites like tradingview.com as well. Specific Crypto Web Portals Are Currently Inaccessible in China One thing the world knows is that China likes to censor the internet and via the combination of legislative…

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Manchin, Sinema leave Dems in lurch as Biden agenda teeters

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Democrats wanted clarity Tuesday from Sens. Joe Manchin and Kyrsten Sinema after back-to-back meetings with President Joe Biden. They didn’t get it. During a private meeting with the president, Sinema made clear she’s still not on board with the party’s $3.5 trillion social spending plan and is hesitant to engage on some specifics until the bipartisan infrastructure package passes the House, according to a person who spoke with her. “This is the third time she said she has told the president, ‘I’m not there,’” the person said, quoting Sinema as…

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US Senators Introduce Bill Requiring Treasury to Report on Cryptocurrencies and Their Use Globally

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Two U.S. senators have introduced a bipartisan bill aimed at improving the oversight of cryptocurrency. The bill requires the Treasury Secretary to submit a report to Congress on cryptocurrencies and their competitiveness globally, including how other countries are using and mining them as well as their impacts on supply chains. New Bill Introduced to Improve Oversight of Cryptocurrencies and Their Uses Globally Senator Maggie Hassan, a member of the Senate Homeland Security and Governmental Affairs Committee, and Senator Joni Ernst introduced legislation on cryptocurrency Monday. The bill states that its…

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Progressives dig in as Pelosi tries to save key vote

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Progressive leaders on Tuesday declared that a majority of their 100-member caucus still plans to tank President Joe Biden’s infrastructure bill this week without a firm commitment that party leaders can finish their broader social spending package. And now they have a key ally across the Capitol: Sen. Bernie Sanders. “I hope that if there is no agreement here in the Senate, we’ve got to maintain the dual track and it should be defeated,” Sanders (I-Vt.) said Tuesday, following up his remarks with tweets urging House progressives to vote against…

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Democrats back off debt fight to stop shutdown

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The Senate is expected to vote as early as Wednesday on a revamped spending bill that would forestall a government shutdown at the end of the week after Democrats ditched action on the debt limit amid staunch Republican resistance. The standalone continuing resolution comes after Senate Republicans refused to fast-track a package on Tuesday that pairs government funding with suspension of the debt ceiling through the midterms next year. Several GOP senators have said they will support a bill to prevent a shutdown and deliver disaster aid to storm-battered states,…

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Manchin, Sinema leave Dems in a lurch as Biden agenda teeters

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Democrats wanted clarity Tuesday from Sens. Joe Manchin and Kyrsten Sinema after back-to-back meetings with President Joe Biden. They didn’t get it. During a private meeting with the president, Sinema made clear she’s still not on board with the party’s $3.5 trillion social spending plan and is hesitant to engage on some specifics until the bipartisan infrastructure package passes the House, according to a person who spoke with her. “This is the third time she said she has told the president, ‘I’m not there,’” the person said, quoting Sinema as…

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SEC Chair Gary Gensler Says Crypto Will ‘Not End Well’ if It Stays Outside Regulations

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that cryptocurrency “is not going to end well if it stays outside the regulatory space.” The SEC has been criticized for taking an enforcement-centric approach to regulating the crypto industry. SEC Chair Says Crypto Will Not End Well Staying Outside Regulations SEC Chairman Gary Gensler talked about cryptocurrency regulation Monday during an interview with former federal prosecutor Preet Bharara at Code Conference in Beverly Hills, California. He explained that the crypto sector in the U.S. has many…

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Biden opposes changing Senate rules to raise debt limit

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The White House said Tuesday that President Joe Biden opposes changing the filibuster to suspend or raise the debt ceiling, closing off a break-the-glass option to avoid financial calamity. White House press secretary Jen Psaki confirmed that Biden’s position on reforming the filibuster has not changed as Democrats search for options to deal with the approaching debt ceiling deadline amid persistent refusal from Senate Republicans to step in and help. Earlier in the day, Treasury Secretary Janet Yellen warned congressional leaders that her department could run out of money by…

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Yellen pegs Oct. 18 as ‘best estimate’ for debt limit breaking point

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The Treasury Department could run out of money by Oct. 18, triggering a disastrous default on the nation’s debt that would damage the U.S. economy for years to come, Secretary Janet Yellen warned congressional leaders in a new letter on Tuesday morning. Actions the agency is taking to skimp on cash to keep paying the government’s bills on time could be exhausted in just three weeks, she said. “At that point, we expect Treasury would be left with very limited resources that would be depleted quickly,” the secretary wrote. “It…

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Democrats agonize over debt limit options amid GOP blockade

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Democratic leaders keep ruling out what may be the only way to avoid a debt default, leaving lawmakers and financial markets uncertain of how a dramatic clash with Republicans over raising the debt ceiling will play out. Senate Majority Leader Chuck Schumer (D-N.Y.) seemed to shut the door on using budget reconciliation to raise the debt ceiling. Instead, he is leaning on Republicans to stop blocking a debt limit increase as the country creeps closer and closer to cataclysmic debt limit breach in three weeks. Schumer concluded on Tuesday afternoon…

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Verifone Enables Retailers to Accept Cryptocurrencies, Says Merchants’ Appetite for Crypto Payments ‘Has Exploded’

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Verifone, a global payment system provider with 35 million devices in 150 countries, is rolling out crypto payment support in the U.S. in partnership with Bitpay. Verifone’s platform processes more than $440 billion annually. The company says, “the appetite for crypto payments has exploded this year.” Major Retailers Will Soon Be Able to Accept Cryptocurrency Payments via Verifone Major payment solution provider Verifone announced Tuesday its partnership with Bitpay “to enable consumer cryptocurrency payments on Verifone’s in-store and Ecommerce Cloud Services platforms in the United States.” Verifone provides “end-to-end payment…

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Confusion over Covid-19 boosters lingers as states roll out shots

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States are wrestling with how to dole out Covid-19 boosters after federal regulators set eligibility guidelines so broad that nearly all of the 100 million Americans who received the Pfizer-BioNTech vaccine qualify for a third shot. People age 65 and older, as well as people 18 to 64 with underlying health conditions or jobs that increase their risk of developing severe Covid, are eligible for a third dose, federal health officials said last week. The sheer breadth of qualifying medical conditions and occupations, plus the lack of any proof requirements,…

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World-Famous DJs Paul Oakenfold, Carl Cox, Paul Val Dyk Spin and Crossfade Into the NFT Universe

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While celebrities and athletes have been jumping into the non-fungible token (NFT) scene headfirst, a large quantity of music acts have also entered the NFT industry. On Tuesday, a lineup of world-famous DJs are being represented in a newly launched NFT collection called Djenerates. The NFT collection is supported by prominent DJs like Carl Cox, Paul Oakenfold, Paul Val Dyk, Benny Benassi, Sven Väth, and Blond:ish. Prominent DJs Featured in NFT Collection In 2021, non-fungible token (NFT) assets have become a billion-dollar industry and it seems everyone is trying to…

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‘People are going to get skittish:’ White House sweats over McAuliffe

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President Joe Biden can’t afford Terry McAuliffe to lose the governor’s race in Virginia — and the White House knows it. It’s a scenario the president and his aides and close allies increasingly view as a real possibility, given tightening poll numbers in the race and signs of Democratic apathy. The White House, Democratic National Committee and outside partners are closely coordinating their efforts and speaking almost daily, according to three people familiar with the dynamic. Just over a month before Election Day, they are planning to ramp up activity…

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Milley and Austin head for Capitol Hill buzz saw

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Joint Chiefs Chair Gen. Mark Milley and Defense Secretary Lloyd Austin are set to square off with angry lawmakers this week as congressional probes into Afghanistan turn their focus toward the Pentagon brass’s actions during the chaotic withdrawal. The hard questions won’t end there for the nation’s most senior military officer. Milley will almost certainly face questions about calls he made to reassure his Chinese counterpart late in former President Donald Trump’s term. Milley and Austin testify before the Senate Armed Services Committee on Tuesday and in the House on…

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Law Enforcement in Russia’s Samara Region Investigates 8 Cases of Fraud Related to Finiko

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The investigation into the Russia-based crypto pyramid Finiko is growing with law enforcement officials in Samara region announcing they have launched eight criminal cases against Finiko associates. Authorities are also working to identify more victims of the Ponzi scheme, Russia’s largest in recent years. Finiko Members Under Investigation in Samara, Russia The Russian Ministry of Interior’s Main Department in Samara Oblast, a region bordering Tatarstan, is investigating eight cases of fraud against Finiko associates. The members of the Ponzi scheme are accused of misappropriating 6 million rubles from investors who…

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Blockchain Startup Triall Introduces a Tokenized Ecosystem to Speed Up and Improve Medical Research

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PRESS RELEASE. Triall launches its main utility token TRL on Uniswap following a successful token pre-sale that raised more than 2 million USD. AMSTERDAM, Sept 28, 2021 – Blockchain startup Triall launched its main utility token TRL in an initial DEX offering (IDO) on Uniswap at 13:00 UTC today, after raising more than 2 million USD in its token pre-sale campaign. The company introduces a tokenized ecosystem that helps secure and streamline the development of new vaccines and medicines during clinical trials. As part of its launch, Triall also introduces…

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Dems may drop debt fight to avoid shutdown

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Democrats are hinting they’re willing to drop the debt ceiling from their government funding package this week in order to avoid a government shutdown, a sign that their slim majorities are eager to avoid a shuttered federal government on their watch. Senate Republicans sank Democrats’ plans to fund the government and raise the debt ceiling together on Monday evening, sending Democratic leaders scrambling to avoid a government shutdown that would kick in Friday morning. They have several options, Democrats said in the aftermath, but a government shutdown is not one.…

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Pelosi steers Dems toward infrastructure vote, without spending bill in tow

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Speaker Nancy Pelosi is reversing a months-long vow to push through the two major planks of Democrats’ domestic agenda in tandem, a huge shift just days before a critical infrastructure vote. Pelosi explained her thinking in a rare Monday night caucus session, saying she and President Joe Biden are continuing to push the Senate on negotiations related to the social spending package, but the House must move ahead on infrastructure this week before surface transportation funding expires Thursday. The speaker had declared earlier this summer that the House would only…

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Hogan carves out anti-Trump lane for 2024

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Larry Hogan is going national, using his cred as a popular blue-state Republican to help other GOP candidates ahead of a potential 2024 presidential bid. The Maryland governor, an outspoken critic of former President Donald Trump, is lending his help to Republicans in states filled with suburban voters who bolted the party during the Trump era. Over the past few weeks, Hogan has campaigned for Virginia gubernatorial hopeful Glenn Youngkin and Georgia Gov. Brian Kemp. This weekend, he was the keynote speaker at an Amelia Island, Fla., conference hosted by…

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Trump demanded a Texas ‘audit’ and Gov. Abbott scrambled

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Donald Trump’s letter to Texas Gov. Greg Abbott demanding he pursue an “audit” of the 2020 election set off a “mad dash” in the governor’s office as aides sought to figure out just how serious the former president was, according to two sources familiar with the situation. In the letter, Trump called on Abbott to hold a “Forensic Audit of the 2020 Election” and pass HB 16, a bill recently filed in the Third Special Session of the Texas legislature, which would allow for an Arizona-style “audit” of the presidential…

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Texas Republicans chart course for national politics

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A strict new abortion law kicked off a huge national backlash. Thousands of Haitian migrants seeking asylum prompted mass deportations and scrutiny on Border Patrol policy. State officials announced four new reviews of the 2020 vote. And that was just in September — and just in Texas. The massive, Republican-controlled state has dominated the national political spotlight this year, driving increasingly conservative policies into the heart of big debates over everything from voting to public health initiatives, critical race theory and more. These legislative moves have positioned Texas as a…

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Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa

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The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending remittances. This search for an alternative inevitably led many to crypto. Although the use of such alternatives to fiat cash continues to grow, many of the intended beneficiaries in places like Africa are still unable to use such digital currencies. Kenya’s Kotani Pay Addresses…

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Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’

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Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto. Anthony Scaramucci Thinks Institutions Are Still Not Big on Crypto Anthony Scaramucci, CEO of Skybridge Capital, thinks there is still a long way until bitcoin and cryptocurrencies are embraced by institutional investors. In an interview…

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JPMorgan Boss Jamie Dimon: ‘If You Borrow Money to Buy Bitcoin, You’re a Fool’

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Jamie Dimon, the CEO of one of the biggest financial institutions of the world, JPMorgan, has once again let the world know about his stance on bitcoin and cryptocurrencies. Dimon stated that whoever borrowed money to purchase bitcoin was, in his opinion, a “fool.” However, his personal opinion has not clashed with the fact that JPMorgan is now offering access to six cryptocurrency funds for its customers and even created its own digital ledger token for payments, called JPM Coin. Jamie Dimon Blasts Cryptocurrencies JPMorgan’s CEO Jamie Dimon blasted crypto…

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Refinable Lists on AscendEX

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PRESS RELEASE. AscendEX, a global digital asset trading platform, is thrilled to announce the listing of the Refinable token (FINE) under the pair USDT/FINE on Sept. 28 at 1 p.m. UTC. Refinable is an interactive, multi-chain capable NFT marketplace with a one-stop solution to create, discover, trade, and leverage NFTs for brands and creators. Refinable is the first NFT marketplace built on the Binance Smart Chain enabling users and established brands to interact with each other by leveraging NFTs. Beyond standard marketplace features, Refinable’s strategy is quite different from other…

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‘Snakes, tentacles and dragons’: GOP boosts incumbents with new Texas congressional map

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Texas Republicans’ new congressional map shores up some two dozen of their incumbents while capitalizing on the GOP’s newfound appeal among Latino voters by creating two new pickup opportunities in the Rio Grande Valley. The end result of the map proposed on Monday: It will likely give Republicans control of at least 24 of the state’s 38 congressional seats next November, with a good shot at one or two more. Yet while it blunts Democrats’ suburban momentum by shredding up the purple areas around the state’s major cities — one…

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California’s incredible shrinking Republican Party

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SAN DIEGO — It took a decade of electoral defeats and the humiliation of this month’s failed gubernatorial recall. But as the California Republican Party gathered over the weekend for its biannual convention, the bleak reality sunk in. For the foreseeable future, Republicans likely won’t be winning top-of-the-ticket statewide races in California — or even seriously competing in them. Even party stalwarts here acknowledged it. It’s a predictable evolution for a moribund party, but one loaded with identity-altering implications for the GOP in the nation’s most populous state. For years,…

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14- and 9-Year-Old Brother and Sister Duo Rake in $30K a Month Mining Crypto With Renewable Energy

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The beauty behind cryptocurrency networks like Bitcoin is the fact that anyone can participate in the field of crypto mining. In fact, two siblings explained in a recent interview that they rake in more than $30K per month mining digital assets. Kid Duo Captures $30K a Month Mining Digital Currencies A 14- and 9-year-old brother and sister pair have made headlines in recent times for explaining how they make over $30,000 a month mining crypto assets. The 9-year-old Aanya Thakur and her brother 14-year-old Ishaan mined three types of digital…

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29 Crypto Exchanges Survive New Regulation in South Korea, 37 Exchanges Must Shut Down

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The deadline for crypto exchanges and service providers in South Korea to meet requirements to stay open under the new regulation has passed. Twenty-nine cryptocurrency exchanges met the deadline to continue operations but only four of them can offer trading in Korean won. New South Korean Crypto Regulation in Effect The Act on Reporting and Using Specified Financial Transaction Information requires crypto exchanges to obtain Information Security Management System (ISMS) certification and submit a report to the country’s Financial Intelligence Unit (FIU) by midnight on Sept. 24. Exchanges that want…

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Northern Data AG Acquires Bitcoin Miner Bitfield — 33,000 Miners Gained in Stock-for-Stock Deal

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On Monday, the high-performance computing (HPC) infrastructure provider and bitcoin mining firm Northern Data AG announced the acquisition of the bitcoin mining operation Bitfield N.V. in a stock-for-stock deal. Northern Data says the company will obtain 33,000 of the latest generation ASIC bitcoin miners from the arrangement. Northern Data AG Acquires Bitfield N.V. — Firm gains Immediate Access to Deployable ASIC Mining Rigs The Bitcoin network hashrate is hovering just above the 140 exahash per second (EH/s) handle at the time of writing. Bitcoin mining has become incredibly competitive and…

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Republicans set to block bill to avert shutdown, lift debt ceiling

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Senate Republicans are poised to sink Democrats’ plans to fund the government and raise the debt ceiling on Monday evening, sending congressional leaders scrambling to avoid a government shutdown that would kick in Friday morning. The GOP is set to reject a proposal to fund the government into December and lift the debt ceiling past next year’s midterms, a vote that needs the support of 10 Republicans to advance over a GOP filibuster. But only a handful of GOP senators are even considering it, presaging its immediate doom. That leaves…

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Master Ventures Adds Polker (PKR) to Portfolio as Play-to-Earn Project Gains Traction

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Malta, 27 Sep 2021 – Master Ventures have announced that they have added Polker into their highly regarded investment portfolio. The decision from Master Ventures to invest in the Polker comes as the platform prepares to launch its beta play-to-earn game to the public after a hugely successful September. Master Ventures’ portfolio includes the likes of Coinbase, Ripple, and Kraken – and now Polker (PKR). Master Venture’s have added Polker to their portfolio as the team behind the project hit milestone after milestone throughout September. Polker launched onto a centralized…

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‘Who Holds All the Bitcoin’ List Debunked — Without Cryptographic Proof No BTC Ownership Claim Holds Water

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A web portal that displays a list of alleged owners of all the bitcoin in the world has been shared a great deal since China cracked down on crypto trading last week. The web portal claims that the Chinese government owns 194,775 bitcoin that reportedly stem from the Plustoken crypto scam. The problem with the list’s sources is that the ownership verification is highly inconclusive and doesn’t offer much of anything aside from speculation. Does China or Bulgaria Really Hold Billions in Bitcoin? Ever since China made a few statements…

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Major Crypto Exchanges Cut Ties With Chinese Users After China’s Latest Crackdown on Cryptocurrency

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Major cryptocurrency exchanges are cutting ties with users in China following the latest crypto crackdown announcement by the Chinese government. Huobi has stopped letting new users in China sign up for its services while Binance has blocked account registrations using Chinese mobile phone numbers. Major Crypto Exchanges Stop Signing Up Chinese Users Following China’s latest crackdown announcement, several cryptocurrency exchanges and service providers said they have begun cutting ties with users in China. Crypto exchange Huobi announced Sunday that it will “gradually retire existing mainland China users.” The exchange wrote:…

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Fractious Dem caucus set to huddle as divides threaten agenda

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House Democrats returned to the Capitol on Monday for a five-day stretch of critical deadlines, increasingly anxious that intraparty divides could threaten the fate of President Joe Biden’s agenda. Speaker Nancy Pelosi will summon her caucus for a private meeting Monday evening, the first gathering since she announced the vote on Biden’s infrastructure package would be Thursday, rather than Monday. The California Democrat also declared over the weekend that the House would vote this week on Democrats’ sprawling domestic policy bill — a highly ambitious goal that would require virtually…

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Former Ethereum Dev Virgil Griffith Pleads Guilty to North Korea Charge, Enters Plea Deal for 6.5 Years: Report

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On September 27, 2021, at the Southern District of New York courthouse, the trial against former Ethereum developer Virgil Griffith started at 9:30 a.m. (EST). Griffith was facing 20 years behind bars for discussing blockchain technology in North Korea. Around 10:30 a.m., Griffith pleaded guilty and accepted a plea deal with up to six and a half years in prison. Former Ethereum Dev Pleads Guilty Virgil Griffith appeared in court today and about an hour into the trial, the defendant pleaded guilty in an apparent plea bargain. The former Ethereum…

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Crypto Exchange Binance Ends Some Services in Singapore to Comply With Regulation

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Binance is terminating some services in Singapore, including fiat deposit services and spot trading of cryptocurrencies, to comply with the country’s regulations. The exchange has already ceased trading in Singapore dollars. Binance Scaling Down Services in Singapore Cryptocurrency exchange Binance announced Monday some changes to its offerings in Singapore. The company wrote: 　With effect from 2021-10-26 04:00 AM UTC (12:00 PM UTC+8), users in Singapore will not be able to access certain functions on Binance.com including fiat deposit services, spot trading of cryptocurrencies, the purchase of cryptocurrencies through fiat channels…

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US Government Seizes Trezor Wallet With $6.3 Million in Bitcoin From Gift Card Fraud Case

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On September 22, 2021, a U.S. district judge from San Antonio, Texas, granted a summary judgment on the civil forfeiture of 147 bitcoin worth $6.3 million held on a Trezor hardware wallet. According to the court filing, the crypto assets stemmed from a Target gift card fraud incident that started in 2016. Gift Card Fraud Money Turned Into Bitcoin The Western District of Texas, San Antonio Division Court has been dealing with a case that involved gift card fraud and bitcoins. According to the court filing, an American named Jaymes…

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Cryptowisser: Then, Now and What’s Next for NFTs

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Non-Fungible Tokens (NFTs) have been around for some time now, with what is recognized as the first-ever NFT “Quantum” created back in 2014. Since then, the industry has evolved and grown into what you see today; a flourishing and wholly absorbing market built on the Ethereum blockchain, offering a mixture of scarcity and provability, which equates to real value through digital ownership. Mainstream media coverage of NFTs focuses on CryptoArt, which is a unique look at art media, based on a decentralized blockchain. The relationship between the NFT world and…

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Facing a heap of defeat, progressives stake hopes on spending bill

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Immigration, voting rights, policing, gun control: Congress is filled with liberal hopes crushed by the reality of slim Democratic majorities. So progressives are digging in on what could be their last chance at success in years. As Democrats race to pull together a multitrillion-dollar party-line social spending package, Speaker Nancy Pelosi’s left flank is pushing as hard as it can to see progressive priorities reflected. They’ve repeatedly vowed to tank a bipartisan infrastructure bill on the floor as soon as this week if they don’t see more movement — a…

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Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa

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Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will be able to buy, sell, and transfer cryptocurrencies like bitcoin, ethereum, and the USDC stablecoin. South Africa Ripe for Disruption and Innovation According to a report that quotes the start-up’s VP for strategy and partnerships in Africa, Pardon Mujakachi, Chipper Cash has made the foray into South Africa because it believes the country “is ripe for disruption and innovation in…

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’No backup plan’: Democrats reject grueling debt limit off-ramp

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Democrats are running out of time to prepare an unpalatable debt limit contingency plan as Republicans keep stonewalling and the nation nears a devastating default. GOP leaders have insisted that Democrats lift the cap on government borrowing without Republican votes, by using the same budgetary move that’s helping them take up a mammoth social spending plan as soon as this week. But that’s an untested play, one that could put the whole package — which is already wobbling amid intraparty disputes — at risk. It’s a lengthy maneuver, too: Experts…

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Pelosi sets infrastructure vote as Dem leaders struggle to unify caucus

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Speaker Nancy Pelosi on Sunday announced the House will vote Thursday on President Joe Biden’s infrastructure bill, as Democratic leaders race to unify their fractious caucus ahead of a critical week. Pelosi told her members Sunday night that the vote will now take place Thursday, the same day that a slate of surface transportation programs expire, rather than Monday as originally planned. Debate on the infrastructure legislation will still begin Monday, Pelosi said — the date she and a group of moderates had originally agreed upon in August. Pelosi and…

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Covert Postal Service unit probed Jan. 6 social media

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In the days after the Jan. 6 attack on the Capitol, an obscure arm of the U.S. Postal Service did some serious internet sleuthing. On Jan. 11, the United States Postal Inspection Service’s Internet Covert Operations Program — better known as iCOP — sent bulletins to law enforcement agencies around the country on how to view social media posts that had been deleted. It also described its scrutiny of posts on the fringe social media network Wimkin. Few Americans are aware that the same organization that delivers their mail also…

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Pandemic relief brought economic security to millions. Some lawmakers see lasting lessons.

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Poverty rates have dropped to their lowest level in more than a decade. Workers’ wages are rising. Children’s hunger rates are falling, bankruptcy filings have plummeted and more people had health insurance in 2020 than the year before. Pretty upbeat news for an otherwise wretched pandemic year. Many Americans of ordinary means are doing markedly better in key areas than they were before the coronavirus shutdowns crippled major parts of the economy, recent data and surveys show, suggesting that the trillions of dollars in government relief in the last year…

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Netflix Announces Documentary About Quadrigacx’s Downfall

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Netflix, the world’s largest video streaming company, has announced it is working on a documentary that deals with the aftermath of the Quadrigacx saga. According to brief descriptions, the documentary titled; “Trust No One: The Hunt for the Crypto King,” deals with how the users affected by the death of Quadrigacx’s CEO Gerry Cotten try to uncover the mystery behind his strange death and the private keys that supposedly only he held at his death. Netflix To Release Quadrigacx Documentary Next Year Netflix, one of the leading video streaming sites,…

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Cryptocurrency-Trading Hamster Outperforms Bitcoin, S&P 500 Since June

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A hamster that trades cryptocurrencies has been outperforming Bitcoin and the S&P 500 since June. The rodent, called Mr. Goxx, uses a device called the “goxx box,” to give signals and make purchases in front of the live streaming audience that follows him. Mr. Goxx has achieved an impressive current score of +24% and even got to +50% before the latest crypto selloff. Crypto-Trading Hamster Performs Better Than S&P 500, Bitcoin A cryptocurrency-trading hamster that streams trading signals through Twitch has been on a roll since June, outperforming fellow human…

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South African University Professor Urges Country to ‘Finalize Cryptocurrency Policy’ — Warns Against Resisting Crypto

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A professor with the University of Johannesburg, Rabelani Dagada, has urged South Africa to finalize its cryptocurrency public policy if the country still wants to become a hub for digital currency innovation. History Will Repeat Itself In an opinion published by Itweb, Dagada warned South African authorities that the continued efforts to stifle cryptocurrencies will not achieve the intended objectives. He adds that regulators must learn from history that violently opposing an emerging innovation will not kill it. He explained: Technology has prevailed against violent and regulatory opposition. During the…

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Ripple CEO Says SEC Gives No Clear Framework for Crypto, Discusses XRP Lawsuit

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As the lawsuit with the U.S. Securities and Exchange Commission (SEC) continues, Ripple CEO Brad Garlinghouse insists that the Commission has provided no clarity in crypto regulation. He said the SEC is using its meetings with crypto companies as lead generation for enforcement actions, and the agency has lost sight of its mission to protect investors. Ripple’s CEO Claims SEC Uses Meetings With Crypto Companies as Lead Generation for Enforcement Actions Amid the SEC’s lawsuit over XRP, Ripple CEO Brad Garlinghouse reiterated his concerns over the lack of clarity in…

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Joe Biden, welcome to the thunderdome

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Though he is beset by turmoil overseas, confronting chaos at the border and struggling to contain a deadly pandemic back home, the president’s main challenge this week comes from his own party. With his economic and domestic policy agenda on the line, President Joe Biden needs a big win from his fellow Democrats, whose early unity around his presidency has been strained in recent months. Biden’s now trying to win it back. From Camp David, he worked the phones with lawmakers over the weekend, urging them to support the multitrillion…

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Rich Dad Poor Dad’s Robert Kiyosaki Predicts ‘Giant Stock Market Crash’ in October — Says ‘Bitcoin May Crash Too’

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Robert Kiyosaki, the best-selling author of “Rich Dad Poor Dad,” has predicted a “giant stock market crash” coming in October. He believes that “bitcoin may crash too.” The famous author also offered his opinion on China’s crackdown on cryptocurrencies. Robert Kiyosaki Warns of ‘Giant’ Market Crash in October Famous author and investor Robert Kiyosaki has predicted that a “giant stock market crash” is coming in October, noting that gold, silver, and bitcoin may crash as well. Rich Dad Poor Dad is a 1997 book co-authored by Kiyosaki and Sharon Lechter.…

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Billionaire Mike Novogratz Says Bitcoin Market Is ‘in Good Shape’ — China Has ‘Less and Less’ Influence Over Crypto

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The billionaire investor and CEO of Galaxy Digital, Mike Novogratz, says the bitcoin market is in good shape, noting that he sees “so much capital coming into the space.” He also commented on the dwindling influence China has over the crypto market. Billionaire Investor Says the Market Is ‘in Good Shape’ — ‘I’m Not Nervous’ Galaxy Digital CEO Mike Novogratz commented on the crypto market and the latest news of China’s crackdown on cryptocurrencies Friday. He explained that the crypto market was down for three reasons. The first is China…

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The Three Kingdoms: The New Era of Play-to-Earn Games

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CryptoKitties was the first to bring blockchain gaming to life, and games such as Axie Infinity defined how a good blockchain game should be. The Three Kingdoms aims to build on this with their next-generation play-to-earn game. The Three Kingdoms is a highly strategic third-generation NFT game based on the historical characters of the Three Kingdoms period in ancient China. The historical characters enable users to have engaging gameplay while obtaining rewards for their achievements. The Next Generation of GameFi What does the new era of play-to-earn games mean? The…

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China’s Crackdown Spurs Massive Onchain Transfers, Cold Wallets Move $3 Billion in Bitcoin and 800K Ether

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Following the latest statements from China’s central bank concerning cryptocurrencies and offshore crypto exchanges, massive amounts of funds have been moving onchain. On September 26, at approximately 1:00 a.m. (UTC) 72,999 BTC or $3.1 billion in bitcoin was dispersed to unknown wallets. Huobi to Gradually Retire Mainland China Users, 800K Ether Move from Huobi to an Unknown Wallet Word around the crypto campfire is that offshore exchanges near China are seeing massive amounts of crypto transfers during the last few days. For instance, theblockcrypto.com writer Wolfie Zhao revealed on September…

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Some cannabis firms see ‘disaster’ in federal legalization

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Cannabis entrepreneurs spent decades longing for Washington’s blessing — but now a vocal corner of the industry is afraid federal marijuana legalization poses an existential threat. Two in three Americans live in a state that has approved the sale of recreational weed. What has evolved in the policy gap with federal law over the past decade is a patchwork of state-sanctioned fiefdoms where cannabis markets have largely developed locally and extend just to the border. But the prospect of lifting all federal prohibitions has some business owners, regulators and lawmakers…

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SEC Denies Freedom of Information Act Request Concerning Tether Documents

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On September 24, the staff writer for The New Republic, Jacob Silverman, tweeted about a Freedom of Information Act (FOIA) request he filed that was ultimately denied. On the social media platform, Silverman wrote that he got Securities and Exchange Commission (SEC) responses to his FOIA requests and said the responses were “withheld because of possible law enforcement investigation.” Jacob Silverman Sought ‘Access to All Documents, Emails, Memos, and Reports Related to Tether’ There’s a ton of stablecoins these days and today, all the stablecoins in existence are valued at…

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