April 2022 | Page 16 of 153 | Last Cryptocurrency News Feed

New York Mayor urges state to abandon ‘stifling’ BitLicense scheme

“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement. 277 Total views 20 Total shares New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth.In…

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Hong Kong watchdog warns stablecoins could undermine HKD in CBDC paper

Hong Kong’s financial watchdog says it is concerned over the rising popularity of stablecoins, as it invites the public to give their say on the merits and challenges of e-HKD. 157 Total views 17 Total shares The Hong Kong Monetary Authority (HKMA) has warned that stablecoins could undermine the Hong Kong dollar in a just…

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Riot Blockchain To Build a Private Electricity Station For its Bitcoin Miners

Bitcoin mining is a very energy-intensive activity, but that won’t be a problem for Riot Blockchain Inc. This U.S. mining company decided to create its own electrical substation in Texas to obtain higher profits. On April 27, Riot Blockchain Inc, a bitcoin mining company founded in 2000, announced its intentions to build a 1.7 gigawatt…

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One Step Closer To Municipal Bitcoin Permanent Funds

Fort Worth starting to mine bitcoin opens the door for more municipalities to put bitcoin mining proceeds into a permanent fund for future use.The below is a direct excerpt of Marty's Bent Issue #1198: “One step closer to bitcoin mining permanent funds” Sign up for the newsletter here. (Source) (Source) (Source) This is an encouraging…

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Colorful billionaire’s Dubai real estate firm now accepts BTC and ETH

“Offering yet another transactional mode is exciting, and we are glad to recognize the value this technology brings to our customers,” said DAMAC Properties’ general manager of operations Ali Sajwani 101 Total views 2 Total shares Multi-billion dollar Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin (BTC) and Ether (ETH) payments for its…

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Edward Snowden reveals he was one of six who helped launch Zcash

It turns out the pseudonymous John Dobbertin, who was one of the six participants in the Zcash Ceremony, was Edward Snowden all along. 548 Total views 3 Total shares Cybersecurity poster boy and government surveillance whistleblower Edward Snowden has revealed he played a pivotal role in the creation of privacy token Zcash (ZEC).A video from…

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Meta’s Reality Labs posts $2.9B loss: ‘I recognize it’s expensive’ says Zuck

Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call but Zuckerberg remains optimistic about future profitability from the metaverse. 369 Total views 4 Total shares Meta Platforms Inc., formerly known as Facebook Inc., posted its Q1 2022 earnings on Wednesday, with its Metaverse-focused Reality Labs division posting increased losses.The Reality…

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US Congressman Could Face Charges for Promoting a Crypto Pump and Dump Scheme

Madison Cawthorn, a Republican congressman from North Carolina, has been accused of his involvement in a pump and dump crypto scheme dubbed Lets Go Brandon (LETSGO). According to a recent report by the Washington Examiner, several regulatory watchdogs have implicated Cawthorn in an alleged insider trading scheme involving the relatively short-lived crypto project. Let’s Gо…

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Bitcoin Ignites The Impulse For Social Justice Movements

Bitcoin’s decentralized public ledger dismantles current oppressive financial tools by providing people a tool of empowerment. Bitcoin leaves no one behind.In recent years, controversy around critical race theory (CRT) has sparked fierce political debates across America. On the education front, surrounding issues of teaching history, the country has been divided.CRT is an academic theory that…

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Evaluating Bitcoin’s Risk-On Tendencies

It’s possible that equities volatility has yet to peak this year and further volatility spikes could have a negative impact on the bitcoin price.The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market…