North Carolina Bitcoiners set up Hurricane search and rescue operation
The Bitcoiners will focus on the “overlooked” communities in western North Carolina that have received little to no state or federal support and remain cut off from life-saving supplies.
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OpenSea lays off 20% of its staff, citing ‘crypto winter’
The bear market in Bitcoin and altcoins has had a negative impact on staffing levels at major crypto companies, including exchanges, lending platforms and marketplaces. 121 Total views 33 Total shares Nonfungible token (NFT) marketplace OpenSea announced mass layoffs on Thursday, joining other crypto companies in reducing headcount during one of the most volatile periods…

6 Questions for Lyn Alden Schwartzer of Lyn Alden Investment Strategy
We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes!This week, our 6 Questions go to Lyn Alden Schwartzer, founder of Lyn Alden Investment Strategy, which provides an investment research service for both retail and…

Nifty News: Collector spends $488K minting Tubby Cats, NFT vending machine
An anonymous nonfungible token (NFT) collector spent 204 Ether (ETH) worth roughly $488,800 (at the time of writing, considerably more when it occurred) on gas fees to mint 1,000 Tubby Cats NFTs.In total, the Tubby Cats enthusiast clearly had some capital to burn as they spent more than $720,000 on minting the NFTs including gas…

New York legislators to vote on PoW mining moratorium this week
If passed, the suspension of both new licenses and renewal applications will last for two years. 304 Total views 21 Total shares New York's legislature might ban proof-of-work (PoW) crypto mining in the state for at least two years, citing environmental concerns. Over the past weekend, on Saturday and Sunday, several crypto advocacy groups — including…

El Salvador stacks 150 Bitcoin after BTC price crashes below $50k
With this purchase, El Salvador’s Bitcoin reserve now amounts to 1,270 BTC, which is worth nearly $60.3 million at the time of writing. 4176 Total views 45 Total shares The Republic of El Salvador has procured 150 Bitcoin (BTC) amid the biggest bear market since Bitcoin attained an all-time high of nearly $68,000 back in…

100 billion reasons Apple should get behind Bitcoin: Michael Saylor
Portfolio manager Dan Weiskopf has a win/win plan for a fitting marriage between tech’s biggest giant and Bitcoin, which has been endorsed by Michael Saylor. 858 Total views 12 Total shares Apple should invest a portion of its massive cash reserves in Bitcoin, Toroso Investments’ portfolio manager Dan Weiskopf posted earlier today on the ETF…

Former PayPal employees launch decentralized cross-border payment network on Algorand
“Fueling cross-border transactions with regulated stablecoins to represent fiat on-chain has never been done before,” said Borderless Capital CEO David Garcia. 2500 Total views 18 Total shares Two former PayPal workers in business and technology have launched a cross-border payment system aimed at “faster, cheaper, and more transparent payments.”In an announcement today, fintech infrastructure firm…

Animoca creates billion-dollar metaverse fund for developers
The company’s co-founder announced that the fund is still in the works but plans to provide billions to startups with a metaverse focus. Own this piece of crypto history Collect this article as NFTThe GameFi champion and metaverse developer Animoca Brands has a billion-dollar fund in its plans, according to a report from Nikkei Asia…