Mining PAC launches ad for Ted Cruz as early voting begins in Texas
More than 18 million registered voters in the Lone Star State will decide whether to replace Senator Ted Cruz with Representative Colin Allred starting in 2025.
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Fiat inflation has cost Bitcoin hodlers 20% over the past decade
Since 2010, inflation has turned $1 into 84 cents while $1 invested in Bitcoin would be worth $274,000. Bad news — the increase in the Bitcoin (BTC) price over the past decade may have been overstated because of the accompanying fiat inflation. Since Bitcoin is typically denominated in fiat — United States dollars usually —…
Trump adds RFK Jr to transition team as former president faces new indictment
The pro-crypto ex-Democrat Robert F. Kennedy Jr. has joined Donald Trump’s team, which will help to form a government if Trump wins the presidential election in November.
European DeFi startups saw a 120% increase in VC funding in 2022: Finance Redefined
Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.The ongoing downturn in the crypto market hasn’t stopped European venture capital (VC) firms from investing in DeFi projects. A new report revealed that European DeFi startups saw a 120%…
Bitcoin and Crypto Now Accepted for Bus Tickets in Fortaleza, Brazil
Fortaleza, a major city of northeast Brazil, will start accepting Bitcoin (BTC) as payment for bus tickets by the end of 2019.Transportation service says paying with Bitcoin will reduce operational costsA local transportation service announced an initiative to allow citizens to pay for bus tickets by credit and debit cards as well as Bitcoin and…
Institutional investments in Solana blockchain DApps up 54% in Q3
Institutional investments in Solana-based applications surged to $173 million in Q3 2024, marking a significant increase, according to a Messari report.
Bitcoin mining is becoming more environmentally friendly
Bitcoin (BTC) mining’s environmental impact has always been a controversial topic. On the one hand, critics emphasize that securing the Bitcoin network takes more power than some whole countries’ annual electricity consumption. On the other hand, much of the crypto community argues that it is a necessary activity that has enabled the Bitcoin blockchain to…
Do Kwon dismisses allegation of cashing out $2.7B from Terra (LUNA), UST
The rumor surfaced after a Twitter thread by @FatManTerra shared the alleged details on how Kwon, along with Terra influencers, managed to drain funds while artificially maintaining the liquidity. 587 Total views 2 Total shares Do Kwon, the CEO and co-founder of the infamous Terra (LUNA) and TerraUSD (UST) ecosystems, refuted the claims of cashing…
Not the best week for crypto lending: Law Decoded, June 20-27
The Celsium failure continues to draw attention to the lending issues from regulators and community. 110 Total views 19 Total shares Due to Celsius Network’s withdrawal suspension in mid-June, the very topic of crypto lending made its entryway to the acute issues list for the regulators. Last week, lawmakers and officials continued to raise the…