Tether onboards head of government affairs from PayPal

The Central Bank of Jamacia recently announced that it would be launching its central bank digital currency (CBDC), dubbed the Jamaican Digital Exchange, or Jam-Dex, in the first quarter of 2022. According to the Jamaican government, the national digital currency will help to lower transaction costs while allowing the unbanked to access financial services.It is…

The plaintiff in the case demanded 217.7 BTC in compensation for his Bitcoin mining infrastructure investment. 582 Total views 20 Total shares A district court in Beijing has rejected monetary compensation in a Bitcoin (BTC) mining contract plea against a blockchain company.The Chaoyang District People’s Court on Wednesday deemed the Bitcoin mining contract between the…

The United Kingdom Jurisdiction Taskforce of the Lawtech Delivery Panel published a statement concerning the status of cryptocurrencies, distributed ledger technology (DLT) and smart contracts under English and Welsh private law.U.K. entrepreneur network Tech Nation announced the paper’s publication on Nov. 18. The document attempts to address the legal uncertainties of cryptocurrency and recognizes crypto…

The yearly average for BTC/USD is circling $9,000 for only the second time in history amid bullish halving sentiment. 839 Total views 28 Total shares Bitcoin (BTC) may have reversed all price losses since its crash in March, but another price indicator is about to make a new all-time high.As noted by Yassine Elmandjra, crypto-asset…

BTC price volatility keeps the pressure on traders with stocks leaving Bitcoin ever further behind.

CoinMarketCap has introduced new metrics intended to combat fake volume, however, concerns linger that the platform favors parent company Binance. 2282 Total views 43 Total shares Leading crypto data aggregator CoinMarketCap (CMC) has introduced new metrics ranking exchanges and market pairings based on a number of factors that are intended to reduce the impact of…

The blockchain and cryptocurrency rave is not ending anytime soon. And as more people are being introduced to revolutionary technologies in the digital space, new improvements upon these technologies are also being introduced. In the last couple of years, the DeFi and NFT industries have experienced immense levels of growth and, currently, metaverses and Web3…

Ethereum successfully completed its long-awaited transition to proof-of-stake via "the Merge" on Sep. 15, while traders have been increasingly shorting Ether (ETH) in anticipation of a sell-the-news event.  Ethereum funding rate plummeEther's futures funding rates across leading derivatives platforms dropped below zero—to their worst levels to date—before the Merge. The rate dropped to as low as…

NFTs are blamed for everything from tacky art to economic inequality and environmental destruction. But, the arguments by critics don‘t add up, writes Something Interesting‘s Knifefight. “For every minute you are angry, you lose sixty seconds of happiness.”— Ralph Waldo EmersonToward the end of January, one of my favorite content producers on the internet Dan…