This June 7 was presented in the United States the so long-awaited cryptocurrency regulation law announced in December last year; this marks a bipartisan milestone in what will be the first step toward passage by Congress in 2023. Stay until the end and find out everything you need to know about this law that promotes a solid legal framework and brings clarity to the growing industries of cryptocurrencies and blockchain in the United States. What is this cryptocurrency regulation bill about? This bill seeks to address the regulation of digital assets and has been raised by Kirsten Gillibrand, Democrat from…
Author: Farwa Raza
In the wake of growing carbon footprint concerns, IOTA joins Dell to develop real-time carbon footprint data. The two will also be joined by ClimateCHECK and BioE. These institutions are poised to work together to accurately track carbon footprints in real time in an effort to educate individuals and other organizations about the impact of their carbon footprint and how to limit it. This iconic collaboration was confirmed on Twitter by the Dell Edge Solutions team. The team is mandated to empower Dell customers with digital skills that can add value to their businesses. Looking to capitalize on emerging blockchain…
The identity of Satoshi Nakamoto is the biggest mystery of cryptocurrencies. Although in these 13 years many claimed to have created Bitcoin (BTC), the mystery of Nakamoto’s identity remains unsolved, but new “Satoshis” are still emerging to try to convince them that they are the creators of Bitcoin. The Satoshi of the moment is Bilal Khalid, who claims in a recently published book that he was the creator of the largest cryptocurrency in the world. Bilal became known around 2019, when he began to impersonate Satoshi Nakamoto, all mediated by an advertising agency called Ivy McLemore & Associates. The site…
The former CEO of Bitmex, Arthur Hayestold a story from his past as a Deutsche Bank trader and drew a parallel to what is happening in the US economy led by the Federal Reserve. An unusual bet at Deutsche Bank In a highly entertaining post and highly engaging read, Arthur Hayes recalls a remarkable moment in his life in Hong Kong as a trader at Deutsche Bank, when a co-worker nicknamed “Killah” said she could eat 10 Big Macs in a row in a row. of two hours. The challenge quickly turned into a gamble, involving a whole department of…
Brazil is known for having one of the most robust and efficient banking systems in the world. Its capital market is also an international benchmark in technology, security and regulatory quality. Now, the country appears as a new benchmark for world markets. This time, as the warehouse of the greater diversity of digital asset ETFs for investments in the universe of cryptocurrencies, which has attracted more and more investors and revolutionized the global circulation of assets and investments around the world. ETFs (Exchange Traded Funds) are funds traded in quotas, which reproduce the behavior of a set of assets or…
In a recent interview, Binance co-founder and CEO, Changpeng Zhao (also known as “CZ”), shared his thoughts on the recent failure of one of the highest-profile projects in the cryptocurrency market. As the leading digital asset market data provider CryptoCompare said in an excellent full report (titled: “Exploring UST’s Fall From Grace”) published on May 13, “The recent explosion in the Terra ecosystem has been one of the most shocking events in crypto history: comparable to the collapse of Mt.Gox in 2014 and the sharp market decline in January 2018 and March 2020.” On May 28, Terraform Labs announced that…
Nathaniel Chastain was involved in the world’s first digital asset insider trading case, a crime that took place at OpenSea. Former OpenSea Product Manager Arrested: World’s First NFT Insider Trading Case Yes. Insider trading doesn’t just exist in movies and in the world of traditional finance, imbued with fear, screaming, uncertainty and greed. From the stock market, where the phenomenon is more present, it has gone to the NFT, an area yet to be explored, just like the blockchain sector in general. This turns out to be the first case of insider trading that involves a digital asset. Nathaniel Chastain,…
The Oman Investment Authority, a sovereign wealth fund, participated in the $350 million Series C funding round from Crusoe Energy, the Denver-based company that pioneered reducing gas flaring with the help of the bitcoin mining, reports Bloomberg. Crusoe Energy CEO Chase Lochmiller says the company will open an office in Muscat, Oman’s capital, to capture flared gas and use it for mining. The term “gas flaring” refers to excessive gas flaring associated with oil drilling. The practice routinely faces criticism from environmental activists as it is a major source of greenhouse gas emissions. While Crusoe Energy claims it can greatly…
Tron took off 44% and now ranks as the third largest blockchain in terms of TVL. Tron, Tronix or TRX are designed to beat Bitcoin Y ethereum on your tracks with faster, cheaper and smarter transactions. tron it does not have a maximum supply, unlike Bitcoin, which means it has removed the element of scarcity, making it dwarf the “king of cryptocurrencies”. Despite its recession in 2021, many investors have remained bullish on Tron. TRX’s current TVL is now $5.9 billion, a figure it reached in just one month. The only two blockchains ahead of Tron are Ethereum and Binance…
El Salvador has partnered with Israel and will help the country work better with Bitcoin systems in the future. According to the vision of the Latin country, the search for alliances can be essential to attract more foreign investment to the place. Since 2021, The Savior It has become a world reference by adopting bitcoin as a currency. This allows its population to use it in everyday life without worries, whether in commerce or in any other consumer relationship. Also, bitcoin was added by the local government to the country’s treasury, being the first to call digital currency a store…