Memecoins drove Tron network revenue to new high over Q3: Messari
Nearly a third of Tron’s record $151 million quarterly revenue came from its new memecoin launchpad SunPump over a two week period.
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Educating regulators will help mitigate risks, says Figment exec
Robert Ellison noted that a regulatory framework for staking is achievable because the concept is very easy to understand. 124 Total views 2 Total shares Cointelegraph's managing editor Alex Cohen interviewed Figment's staking marketing director Robert Ellison at the European Blockchain Convention (EBC) 2022. The duo discussed topics like educating regulators on blockchain and crypto,…

Inside the blockchain developer’s mind: Blockchain consensus, Part 1
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In previous parts, Andrew Levine of Koinos Group discussed some of the challenges the team has faced since identifying the key issues they intend to solve and outlined three of the…

Bitcoin price dips under $21K while exchanges see record outflow trend
Bitcoin (BTC) sold off into the June 27 Wall Street open as United States equities fell.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView$25,000 eyed as bulls' line in the sandData from Cointelegraph Markets Pro and TradingView showed BTC/USD following stock markets downhill as the last week of June began.At the time of writing, the pair traded below…

Nomura’s crypto arm Laser Digital bags Dubai VARA license
Laser Digital said it would also launch trading and asset management operations in the coming months, including over-the-counter (OTC) service. 16 Total views 39 Total shares The crypto arm of Nomura has obtained an operating license from Dubai’s Virtual Asset Regulatory Authority (VARA) amid the Japanese financial holding’s attempts to leave its mark in the…

Nigeria bans ATM cash withdrawals over $225 a week to force use of CBDC
The limits set by the Central Bank of Nigeria are part of a broader push to encourage digital financial transactions. Own this piece of crypto history Collect this article as NFTNigeria has drastically reduced the amount of cash individuals and businesses can withdraw as it attempts to push its “cash-less Nigeria” policy and increase the…

Shop.com now accepts Bitcoin payments after partnership with BitPay
The e-commerce portal offers the option to pay with Bitcoin, Ether, Dogecoin as well as several major dollar-pegged stablecoins. 585 Total views 21 Total shares United States-based e-commerce platform Shop.com is the latest such site to adopt cryptocurrency payments. The company, which is owned by Market America, announced its partnership with crypto payment service provider BitPay,…

IRS needs congressional authority to handle crypto, says chief
"Most crypto, virtual currencies are designed to stay off the radar screen," said Charles Rettig. 854 Total views 1 Total shares Internal Revenue Service chief Charles Rettig called out lawmakers for not taking the initiative on addressing the problem of many U.S. residents not paying taxes on crypto.In a Tuesday senate hearing on the IRS’…

Jenkins the Valet founder wants to create a decentralized Web3 content company
“My mom cried when I got the job as valet at the Bored Ape Yacht Club, one of the preeminent social clubs for apes. She hooted and grunted and peeled open one of our finest bananas. ‘Jenkins,’ she said, ‘you’re going to rub shoulders with some of the finest apes from around the world.’ I…