Bitcoin is a competitor to gold, not the US dollar, reiterates Fed’s Powell
US Federal Reserve Chair Jerome Powell also dismissed the idea that people see Bitcoin as a symbol of a lack of faith in the US dollar.
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Changpeng Zhao four-month prison sentence lighter than expected
Prosecutors initially sought to charge the former Binance executive with 36 months.

P2E gamers, minors not any safer from the tax man, says Koinly
Modern parents are going to need to keep an even closer eye on their kids’ gaming habits, as some of them may be accumulating a hefty tax bill, according to a crypto tax specialist.Speaking to Cointelegraph during last week’s Australian Crypto Convention, Adam Saville-Brown, regional head of tax software firm Koinly said that many don’t…

‘Closer Than Ever’ to Bitcoin ETF, Says Bitwise Ahead of SEC Deadline
Executives at Bitwise Asset Management are highly optimistic as the deadline for the United States Securities and Exchange Commission’s (SEC) decision on their proposed Bitcoin (BTC) exchange-traded fund (ETF) looms on the horizon.Days ahead of the Oct. 13 deadline, an Oct. 7 CNBC report cites Matt Hougan, managing director and global head of research at…

Game distributor G2A opens gaming-focused NFT marketplace
G2A Capital Group CEO Bartosz Skwarczek said that the marketplace will help gamers find information on Web3 games and buy and sell assets associated with the games. 148 Total views 1 Total shares Digital game vendor G2A has recently launched a marketplace for nonfungible tokens (NFTs) linked to Web3 games to expand its offerings by

Blockchain Tech to Help Spanish Cider Makers Fight Counterfeits
Spanish cider companies are integrating blockchain to fight against counterfeit cider products and over-production. 898 Total views 21 Total shares Spanish cider makers Sidra Menéndez S.L. and Llagar Castañón S.L are using the Telos blockchain to track the production of their beverages. This will purportedly allow the cider makers to fight counterfeits and over-production. According to…

US House committee chair pushes back against SBF’s excuse to potentially delay testimony
"It is imperative that you attend our hearing on the 13th, and we are willing to schedule continued hearings if there is more information to be shared later,” said Maxine Waters. Own this piece of crypto history Collect this article as NFTMaxine Waters, chair of the United States House Financial Services Committee, has called out…

Regulatory sandbox and DeFi boom: How Spain pushed crypto adoption despite the pandemic
The year 2020 will go down in history for how the COVID-19 pandemic affected the Spanish economy. Beyond that, however, there have been important events from a governmental and regulatory point of view, as well as those related to private companies and the adoption of cryptocurrencies. Cointelegraph en Español is presenting you a summary of the…

Crypto mining will be a bridge to 100% renewable energy production, says Mike Colyer
"At some point Bitcoin mining will look like a utility, and it’s going to be a part of critical infrastructure for countries," said the Foundry Digital CEO. Mike Colyer, CEO of Foundry Digital, a crypto mining subsidiary of Digital Currency Group, says that mining Bitcoin could eventually help the world transition to green energy. Speaking at…