Russia legalizes Bitcoin and cryptocurrency mining

Cryptocurrency automated teller machine (ATMs) operator CoinFlip has postponed support for the  stablecoin tether (USDT). The company announced the development in a tweet on May 1.CoinFlip initially revealed that it will start listing Tron-powered stablecoin USDT at over 180 CoinFlip’s ATMs on April 30. However, in about 24 hours CoinFlip posted an update, saying that…

According to Mike Belshe, the U.S. SEC’s reluctance to address a “basic” regulatory issue like the issuance of a BTC ETF could have paved the way for FTX's alleged illicit activities. 358 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe collapse of crypto exchange FTX and other…

Canadian adult entertainment streaming website Pornhub has announced a partnership with cryptocurrency payment and billing startup PumaPay to enable its users payments in cryptocurrencies, according to a tweet August 23. Pornhub is now accepting PumaPay, with its “unique” pull payment protocol that will allow users automatically pay for their subscriptions, including PornHub Premium. PornHub promoted…

New FTX fund targets projects that are “massively scalable” and could spend millions of dollars productively. 216 Total views 22 Total shares Global crypto exchange platform FTX launched a fund called the FTX Future Fund with an aim to support long-term improvements for humankind. The project will deploy up to a billion dollars to support…

SoftBank Group Corp (SFTBY), the parent company of Fortress Investment Group is expected to lose $12.5 billion for the fiscal year that ended in March, per an April 13 report from Bloomberg.WeWork — $24 billion lossIt seems that Vision Fund is the main culprit of the anticipated loss. SoftBank Group announced that it would lose…

Automated market maker (AMM) Balancer announced today a widely-anticipated V2 of their decentralized exchange protocol, featuring a host of upgrades centered on “security, flexibility, capital efficiency and gas efficiency"  — but yield farmers are left wondering about the all-important liquidity mining details, which are still in development. “The main architectural change between Balancer V1 and…

Jake Fraser believes that DAOs can let fans get involved from the scriptwriting process to the selection of actors who will play in a film. 131 Total views 3 Total shares As more people begin to integrate Web3 technologies into entertainment and production, the use case for decentralized autonomous organizations (DAOs) in filmmaking has been…

Blythe Masters, the CEO of Digital Asset, a tech company that builds products on distributed ledger technology (DLT), has stepped down, according to an announcement published Dec. 18.Per the announcement, Masters has requested to leave for personal reasons after three years of serving at the company. Masters will purportedly stay active in Digital Asset’s operations…

The former United States Senator Max Baucus will be leading the board that includes 11 other prominent figures. 108 Total views 6 Total shares As the crypto community grows, issues within the crypto community become more complex. Regulatory, political and social issues often get in the way of crypto adoption, slowing the advancements within the…