AI firm Genius Group surges 66% after ‘Bitcoin-first’ treasury strategy
Genius Group has recently reshuffled its board with crypto and Web3 execs and is now targeting to hold $120 million in Bitcoin.
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ShapeShift DAO launches NFT auction in support of female artists
Nonfungible tokens have emerged as one of the most popular use cases of blockchain technology, generating billions of dollars in revenue through 2021. 224 Total views 12 Total shares Non-custodial cryptocurrency platform ShapeShift DAO has launched a new nonfungible token (NFT) auction in support of female artists in the nonfungible token and blockchain industries —…
New York Financial Regulator Greenlights 10 Tokens for Custody
The regulator responsible for issuing licenses to crypto firms in NY greenlisted 8 coins for trading, including all 3 Paxos tokens. The New York State Department of Financial Services has issued a greenlist of 8 virtual currencies for sale and trade, and 10 coins approved for custody by licensed entities.According to a Aug. 3 update…
Guide Highlights Patchwork of Crypto Tax Laws in Latin America
Research from Latin American crypto exchange Buda has highlighted a patchwork of laws, confused regulations and unusual concepts governing crypto taxation in the region.Buda has provided a series of tax guidelines outlining measures crypto traders should take into consideration when looking to comply with the authorities in Chile, Colombia, Peru, and Argentina.In various countries in…
European Central Bank bets on CBDCs over BTC for cross-border payments
ECB’s interest in identifying the best cross-border payment solution stems from the fact that it serves as the central bank of the 19 European Union countries which have adopted the euro. 536 Total views 18 Total shares A recent study conducted by the European Central Bank (ECB) on identifying the ultimate cross-border payment medium crowned…
China court declares virtual assets legal properties protected by law: Report
Despite a blanket ban on cryptocurrencies imposed by Beijing in 2021, many Chinese courts over the years have established that virtual asset holders have property rights. 245 Total views 7 Total shares People’s courts in China exercise judicial power independently and are not subject to interference by an administrative or public organization. These courts try
Attack of the vampires: Uniswap loses 57% TVL as rivals up rewards
Rival decentralized exchanges are upping their liquidity mining rewards to attract Uniswap’s former-liquidity providers, leading to SushiSwap’s TVL tripling in one week. 2255 Total views 6 Total shares With leading decentralized exchange Uniswap having ceased its yield-farming incentive program, rival automated market makers 1inch, SushiSwap and Bancor are snapping up liquidity providers with targeted rewards.On…
3,000 New S17 Pro Antminers Start Operation at Riot’s Oklahoma Crypto Mine
Digital currency mining firm Riot Blockchain has begun deploying around 3,000 new units of S17 Pro Antminers as part of the full upgrade of its Oklahoma City mining facility.Per a Jan. 8 press release, Riot now operates nearly 3,000 more S17 Pro Antminers it purchased from Chinese mining giant Bitmain. The new mining machines are…
Africa: The next hub for Bitcoin, crypto adoption and venture capital?
The cryptocurrency space has no shortage of skeptics. While many people criticize the environmental impact of proof-of-work blockchains or the proliferation of scams, one particular argument against crypto often stands out: Blockchain has no real use cases. Every two weeks, Cointelegraph’s The Agenda podcast breaks down this critique and explores the various ways blockchain and crypto…