Bitfinity Network launches Bitcoin L2 with $12M backing
Bitfinity Network secures $12M to bring EVM compatibility and expanded DeFi functionality to Bitcoin using ICP’s Chain Fusion.
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Brave Browser Wants the UK to Use GDPR to Crack Down on Google
The team behind Brave Browser thinks that Google has an unfair competitive advantage due to its massive trove of user data. In a submission filed with the United Kingdom’s consumer protection agency, Brave argued that the country’s failure to enforce European data protection laws gives Google an unfair advantage.Brave’s stanceIn an interview with Cointelegraph, Dr.…
Blockchains CEO Acquires Kirkwood Bank of Nevada for $28 million
The CEO of blockchain incubator and investment firm Blockchains LLC, has purchased a bank for $28 million, The Nevada Independent reported on July 1.According to the report, CEO Jeffrey Berns said he bought out Kirkwood Bank of Nevada in order to secure financial inclusion for Blockchains as well as other blockchain-based businesses:“Purchasing the bank was…
Kamala Harris presents an opportunity for Democrats on crypto, say lawmakers
A letter called for the Democratic National Committee to “include pro-digital asset language” in its platform and for Kamala Harris to consider a pro-crypto running mate.
Year of sponsorships: Celebrities who embraced crypto in 2021
Though the crypto space has seemingly moved beyond the endorsements many minor celebrities bestowed on token projects during the 2018 initial coin offering boom, its growing popularity and acceptance now has professional sports players, Hollywood elites and politicians backing major companies dealing with digital assets.In June 2021, Kim Kardashian promoted EthereumMax (EMAX) via an Instagram…
Shiba Inu (SHIB) jumps 40% on Elon Musk’s cryptic endorsement, Coinbase listing
Shiba Inu (SHIB) crept up Friday as traders assessed its addition on Coinbase, one of the world’s leading crypto exchanges.The SHIB/USDT exchange rate jumped up to 16.42% to $0.00000950 for the first time since June 29, 2021. The latest move uphill came as a part of an overall bullish trend that started Thursday, wherein SHIB…
Crypto industry seeks to educate, influence US lawmakers as it faces increasing regulation
Interaction between the cryptocurrency industry and Capitol Hill is becoming ever more intensive as efforts to regulate crypto grow in tandem with its popularity. The surge in crypto industry lobbying last year was given some concrete parameters in February by crypto analytics startup Crypto Head. It released a report showing that the crypto companies that…
Bitcoin advocate Mow lists six proposals for Trump's Nashville speech
The Bitcoin advocate aims to influence the political leader to consider Bitcoin a viable and strategic component of the national economy.
Australian Financial Regulator Could Oversee Facebook’s Calibra Wallet
The Australian Prudential Regulation Authority (APRA) is seeking to oversee stablecoin projects like Facebook's controversial stablecoin Libra.In an official proposal to the Senate published on Jan. 20, APRA submitted a possible regulatory framework dedicated to fintech and regulatory technology (regtech) covering topics ranging from digital wallets to data protection. The proposed framework, “is intended not only…