Monthly Archives: July 2021

Bitcoin For Georgia: How To Use Bitcoin As A Nation!

Georgia is just one of many developing countries which would benefit from the adoption of Bitcoin. “The effects from major countries’ policies will hit emerging countries economically and financially.” -Jack Mallers (CEO Strike) “Bitcoin is perfect money for the internet. It is instant, it is safe, it is free. Bitcoin is the internet of money. At its core, Bitcoin is a great technology that will change the world forever.” – Andreas Antonopoulos (Author) “Cryptocurrency has become a worldwide transaction of which you cannot even identify who owns […]

More info

Study suggests Canadian CBDC could promote digital innovation within the country

The Bank of Canada suggested that a Canadian CBDC could provide a number of innovations, including the elimination of transaction fees from debit and credit cards. A study released by Canada’s central bank, Banque du Canada, has noted a number of favorable reasons that the country could benefit from its own Central Bank Digital Currency, or CBDC. The document laid out two scenarios that might result in the bank issuing a CBDC at some future date. One would be if citizens were no longer widely using cash […]

More info

Crypto.com deploys its Ethereum Virtual Machine chain testnet

Running on a proof-of-authority consensus algorithm, Cronos is powered by Ethermint, a proof-of-stake chain interoperable with Ethereum and EVM-compatible chains. The Crypto.com chain testnet allowing projects built on Ethereum to transfer over to its ecosystem from chains compatible with Ethereum Virtual Machine is now live. In a Tuesday announcement, Crypto.com said it had launched the testnet for its Ethereum Virtual Machine, or EVM, chain called Cronos, running in parallel to the Crypto.org chain. The chain is aimed at providing developers the ability to move projects from Ethereum […]

More info

Circle Publishes USDC Attestation, Reserve Report Reveals Segregated Accounts in USD-Denominated Assets

On July 20, the CEO of Circle Internet Financial LLC., Jeremy Allaire, published a blog post that explains the firm’s dollar-pegged stablecoin is backed by “prioritized trust, transparency, and accountability.” Allaire’s blog post follows a letter from the Centre Consortium’s accountant, Grant Thornton explaining that the stablecoin’s reserve account information matches the accompanying reserve account report, which is “correctly stated.” Circle Publishes Stablecoin Reserve Transparency Blog Post, Letter from Grant Thornton, and the Latest Reserve Attestation At the end of May, the cryptocurrency community started discussing the […]

More info

Bitcoin Exchange FTX Raises $900 Million, Largest Raise In Exchange History

FTX Trading Ltd just raised $900 million from over 60 investors and now has a $18 billion valuation. Today, fan-favourite bitcoin exchange FTX Trading Ltd. announced the completion of a 900 million Series B fundraise at an $18 billion valuation, per a release sent to Bitcoin Magazine. According to the release, over 60 investors participated such as the Paul Tudor Jones family, Coinbase Ventures, VanEck, Insight Partners and many more. Many of the investors had nothing but spectacular things to say about the company and its CEO, […]

More info

Interview: A New ETF Offering Bitcoin Exposure With Wes Fulford

Wes Fulford joined the “Bitcoin Magazine Podcast” to discuss a clean energy mining ETF. Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn Overcast On this episode of the “Bitcoin Magazine Podcast,” Christian Keroles sat down with the CEO of Viridi Funds Wes Fulford to discuss the $RIGZ clean energy mining exchange-traded fund (ETF). The Viridi Cleaner Energy Crypto-Mining And Semiconductor ETF is an actively-managed, exchange-traded fund that is focused on investments within the cryptocurrency mining and mining infrastructure industries. RIGZ was created […]

More info

Enjin plans to use NFTs to promote sustainability and equality as member of UN pact

The company previously said it planned to enable carbon-neutral NFTs by 2030, and claimed its JumpNet blockchain is already carbon-negative. The United Nations Global Compact, a non-binding pact aimed at encouraging businesses to adopt sustainable and socially responsible policies, has accepted nonfungible token and blockchain gaming and platform Enjin as a participant. Enjin announced today it would be exploring ways to use nonfungible tokens, or NFTs, to promote sustainability and equality as part of the UN pact. The company suggested using the technology to fight climate change […]

More info

Robinhood Aims for $35 Billion Market Valuation in Upcoming IPO

An amended prospectus filed yesterday by Robinhood indicates the company is aiming to get a valuation of up to $35 billion in its upcoming IPO. The fee-free options, cryptocurrency, and stock trading service is expecting to sell up to 55 million shares and raise more than $2 billion when the IPO launches next week. Robinhood Aims for $35 Billion Valuation Robinhood, the fee-free, trade-it-all exchange, is aiming to achieve a valuation as high as $35 billion in its upcoming IPO, according to an amended prospectus filed with […]

More info

Rothschild Investment Corp More Than Tripled Its Bitcoin Position

Rothschild Investment Corp shared in a new filing that it has more than tripled its bitcoin exposure through GBTC over the past quarter. According to a filing with the United States Securities and Exchange Commission (SEC) from July 19, Rothschild Investment Corp has almost quadrupled its indirect bitcoin position since April, showing a “buy the dip” mentality during BTC’s recent price decline. The document details that the investment manager based out of Chicago increased its holdings of Grayscale Bitcoin Trust (GBTC) shares to 141,405 from 38,346 over […]

More info

Grooming Products Firm Axe Releases Limited Edition ‘Crypto Scented’ Doge Body Spray

On Tuesday, the company that owns the brand of male grooming products, Axe, announced the launch of a dogecoin-themed and “crypto scented” body spray. The release was limited and currently, the body spray featuring the image of the cartoon Shiba Inu is no longer available to U.S. residents. ‘Much Disappointment’ — Doge-Themed Body Spray Is No Longer Available Around 1,000 lucky Americans entered a giveaway of a limited edition dogecoin-themed body spray called “The Dogecan.” The body spray was released by the brand of male grooming products, […]

More info
1 2 3 6