Bitcoin and Ether options worth $2.7 billion set to expire
The upcoming 21,000 contract expiry is dwarfed by the significantly larger $4.3 billion options expiry on May 31, according to Deribit.
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US Senator Reports to Jail Pending Verdict in Cryptocurrency Fraud Case
A Georgia state senator has reported to jail over allegedly lying about the theft of cryptocurrency mining equipment worth $300,000, The Guardian reported Dec. 27.Republican Michael Williams, who originally reported the alleged theft in May, made a false police report and gave a false statement, court documents claim.Williams had said servers with a value of…

Tampa mayor to accept pay in Bitcoin — Report
The news came mere days after Miami Mayor Francis Suarez announced that he's going to take his next paycheck entirely in BTC. 1459 Total views 46 Total shares Jane Castor, the mayor of Tampa Bay, Florida, has announced that she will begin accepting her paycheck in Bitcoin (BTC), according to multiple sources who attended Florida’s…

Ethereum’s Adoption Rate After 5 Years Far Exceeds Bitcoin’s
One metric suggests that heading into its fifth anniversary, Ethereum has had a much faster rate of growth and adoption than Bitcoin. 551 Total views 5 Total shares One key metric suggests that Ethereum (ETH) has enjoyed a much faster rate of adoption and growth in the first five years of existence than Bitcoin (BTC).Comparing…

Offline Staking, Explained
Offline staking allows users to stake their cryptocurrency in an offline wallet and earn staking rewards for doing so. An offline wallet is also known as a hardware wallet or a cold storage wallet, meaning it is not connected to the internet. Staking rewards offer users an opportunity to earn interest on their cryptocurrencies. They…

Bank of America offers bullish outlook for DeFi and NFTs
“[Crypto] is a trend that has barely started — money is the easiest application and the Bitcoin use case started there,” said Bank of America. 1230 Total views 15 Total shares The Bank of America Corporation (BoA) has published a research report offering a bullish outlook for the long-term prospects of cryptocurrency.The report, published on…

Customer demand prompts Charles Schwab file for Crypto Economy ETF
Schwab’s crypto ETF would buy into stocks on its Crypto Economy Index to give investors indirect access to digital assets by investing in businesses that deal with crypto. 190 Total views 21 Total shares Multinational financial services giant Charles Schwab has responded to client demand to invest in cryptocurrency by filing with the Securities and…

UNICEF Innovation Fund to Invest in Blockchain-Related Projects
The UNICEF Innovation Fund is investing $100,000 in six companies for developing blockchain projects, according to an announcement published Dec. 10.The UNICEF Innovation Fund was launched specifically to finance early stage and open-source technology that can benefit children. The fund identifies solutions in tech areas like blockchain, machine learning, quantum computing, artificial intelligence (AI), and…

In the Economy 3.0, metaverses will create jobs for millions
Job creation is traditionally engineered by politicians desperate to get the country back to work and to be seen as stimulating the economy. From the job creation programs of the Great Depression to United States President Barack Obama’s American Jobs Act, employment schemes have a long, checkered history. Today, fostering meaningful employment for the masses…