Alabama should establish Bitcoin reserve, says state auditor
An official in the US state of Alabama produced a litany of benefits a state Bitcoin reserve could bring.
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‘Unjustly enriched:’ Core Scientific knocks back $4.7M claim from Celsius
Core Scientific has rejected a multi-million-dollar administrative claim from Celsius Network, arguing it's owed an even higher amount from the crypto lender. 182 Total views 2 Total shares Bankrupt Bitcoin (BTC) mining firm Core Scientific has objected to paying a $4.7 million administrative claim put forward by crypto lender Celsius Network, leading to a battle…

US election agency approves use of NFTs as campaign fundraising incentive
According to the FEC, DataVault will receive “reasonable compensation” for each NFT issued to contributors as well as track all tokens issued for its own records. 225 Total views 19 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFTThe United States Federal Election Commission (FEC) has issued an advisory opinion stating DataVault Holdings…

New tech allows crypto users to mint NFTs with ‘proof of presence’
IoTeX's project uses "verifiable GPS data to mint NFTs that prove you were at a certain place at a certain time," said Larry Pang. 813 Total views 9 Total shares The latest product from IoTeX, a privacy-focused platform for the Internet of Things, reportedly brings the concept of a smartphone’s trusted execution environment with real-world…

Blockchain gaming market is a ‘game of musical chairs’ — Gunzilla exec
Gunzilla Games Web3 director says the biggest problem in blockchain gaming is the lack of “new money coming into the system.”

One thing disruptor banks didn’t expect to be challenging: Compliance
Innovative challengers are building compliance into their DNA and outcompeting established players.

Transaction Speed and Profitability Are Linked in Crypto
Crypto markets move at the speed of light, but many financial institutions today are still using cumbersome cold storage and hardware wallets — the most well-known digital asset security methods — to secure their coins.However, institutions are realizing that these methods are simply too slow to be practical for day-to-day use, and that using them…

South Korea postpones decision on corporate crypto investments
The regulators focused on crypto investor protection and new stablecoin rules while postponing the question of corporate crypto trading.

Maker, now Sky’s, new stablecoin lashed over ‘freeze function’
The new USDS stablecoin from Maker, now Sky, has a freeze function which the project's founder claims won't be part of the token at launch.