Picking winners in the next cycle — Wyoming Blockchain Symposium VC panel
Crypto startup companies attracted $2.7 billion in venture capital funding during the second quarter of 2024.
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Kazakhstan Won’t Tax Cryptocurrency Mining: Report
Kazakhstan’s lawmakers won’t be taxing cryptocurrency mining until the mined crypto is exchanged for fiat money. According to a legislative analyst at a local blockchain association, cryptocurrency mining will not be treated as entrepreneurial activity but rather a “purely technological progress,” local business publication Kursiv reports Dec. 4.Madi Saken, legislative analyst at the National Association…
‘Unlucky’: Agave and Hundred Finance DeFi protocols exploited for $11M
A hacker has made off with approximately $11 million in Wrapped ETH, Wrapped BTC, Chainlink, USDC, Gnosis, and Wrapped XDAI after using a “re-entrancy” attack on DeFi lending protocol applications Agave and Hundred Finance.The attack comes within 24 hours of news breaking of the Deus Finance exploit, where hackers stole over $3 million in Dai…
What it’s actually like to use Bitcoin in El Salvador
I attempted to spend two weeks travelling in El Salvador living on Bitcoin. I tried to pay for every single thing with Bitcoin, or Satoshis, small amounts of Bitcoin. Spoiler alert, I failed. Outfoxed by car hire companies (fortunately my car of choice was not Fiat); stubborn restauranteurs, a parking meter, pupusas, and a fancy…
Here’s what happened in crypto today
The crypto market remains volatile after the June 14 Federal Open Market Committee (FOMC) announcement and presser with Federal Reserve Chairman Jerome Powell revealed that the central bank would pause rate hikes for June. While this move aligned with investors’ expectations, the crypto market has yet to show any bullish momentum. Powell also mentioned that…
New York Financial Regulators Grant BitLicense to Bitcoin ATM Operator
The New York State Department of Financial Services (NYDFS) has granted a virtual currency license, or BitLicense, to Cottonwood Vending LLC, according to an official tweet on Jan. 31.Cottonwood Vending is a Bitcoin (BTC) ATM operator with terminals in New York City and the surrounding area. According to the tweet, the granting of such licenses…
Square’s earnings 2.5X expectations, Bitcoin revenue up 1000% in 12 months
Square’s quarterly earnings beat out expectations by more than double thanks to Bitcoin’s dramatic rally. 2607 Total views 22 Total shares U.S.-based financial services firm, Square Inc, reports that its quarterly earnings doubled analyst expectations amid booming demand for crypto assets.Global financial data provider Refinitiv had predicted Square would see earnings of 16 cents per…
Warren Buffett’s Berkshire Hathaway crosses $1T — nears entire Bitcoin market
Buffett's profits this year is almost the same as what an average Bitcoin trader has generated in 2024.