Monthly Archives: December 2021

Nifty News: Melania Trump drops NFT, Arabian Camels produces NFT film and Whitney Houston keeps selling hits

Crypto News

NFT mania may have cooled, but the industry is still booming. Melania Trump, Whitney Houston and Applebee’s made NFT-inspired headlines this week. Catch up on nonfungible token (NFT)-related news this week from restaurants to movies and music. Below is a roundup of stories you don’t want to miss.  Melania Trump’s eyes become an NFT Former first lady Melania Trump launched her own NFT platform and dropped her first digital collectible titled “Melania’s Vision,” which will be on sale through the rest of the month. “Melania’s Vision” is […]

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Paraguay’s Bitcoin Bill Passes the Senate

Crypto Daily

The bill, which does not make bitcoin legal tender in Paraguay, will be discussed by the country’s Chamber of Deputies in 2022. A Paraguayan bill seeking to regulate the trading and mining of Bitcoin and cryptocurrencies in the country passed the Senate on Thursday. Senator Fernando Silva Facetti, a co-author of the bill, said on Twitter that the legislation now heads to Paraguay’s Chamber of Deputies, where it will be debated in 2022. The bill does not make bitcoin a legal tender in Paraguay. In July, Bitcoin […]

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Lamar Wilson, Founder Of Black Bitcoin Billionaire, Discusses Freedom From Censorship

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Lamar Wilson and C.J. Wilson sit down to discuss Bitcoin, onboarding new users and freedom from censorship. Listen To This Episode: Spotify Google Libsyn Lamar Wilson, freedom maximalist, OG Bitcoiner and founder of Black Bitcoin Billionaires (the largest Bitcoin-based club on Clubhouse) joined C.J. Wilson on this week’s episode of “Bitcoin Bottom Line.” The two sat side by side in Austin, TX, taking a break from writing a book together (along with others) that focuses on how to change the narrative of Bitcoin on Capitol Hill. Lamar […]

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US Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system

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“The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets,” says the FSOC. In an annual report published on Friday, the United States Financial Stability Oversight Council, or FSOC, voiced its concern over the adoption of stablecoins and other digital assets.  Regarding stablecoins, the FSOC said consumer confidence could be undermined by factors such as illiquidity, lack of appropriate safeguards, opacity regarding redemption rights, and cyber attacks. “A run on stablecoins during strained market conditions may have […]

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Russia to Decide Between Full Ban and Legalization of Crypto Investments, Trade

Crypto Daily

Authorities in Russia are discussing two very different approaches to the regulation of cryptocurrencies and related activities. While the Bank of Russia is reportedly seeking to introduce a ban on buying crypto assets, lawmakers are moving forward with efforts to adopt rules for mining, exchange, and taxation that would effectively legalize cryptocurrencies. Russian Officials Debate Over Alternative Crypto Regulations Russian institutions, including the central bank and the lower house of parliament, the State Duma, are mulling over how to put the country’s growing crypto space in order. […]

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Compute North Supports Nebraska’s Storm Restoration Efforts With Energy Curtailment

Crypto Daily

The company quickly powered down part of its data center to provide needed relief to Nebraska’s energy grid. Bitcoin mining infrastructure provider Compute North helped the Nebraska Public Power District’s (NPPD’s) storm restoration efforts on Wednesday by quickly reducing the power usage of a 100 megawatt (MW) data center. Severe weather across the state damaged power lines and affected more than 7,000 NPPD customers. “Our thoughts are with the families in the impacted regions of Nebraska, and we are glad we are able to do our part […]

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Altcoin Roundup: Three smart contract platforms that could see deeper adoption in 2022

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2021 is coming to a close and the Ethereum network still has a fee problem. Here’s how competitor networks attempted to capitalize on Ethereum’s unresolved issues. Decentralized finance (DeFi) dominated media headlines throughout 2021 and the sector, along with nonfungible tokens (NFTs), helped to initiate the mass adoption of cryptocurrencies. While high yields on staking and instant profits from flipping jpegs have proven to be very lucrative for investors, it’s important to remember that none of it would have been possible without the underlying capabilities of smart […]

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Going meta: digital cities, attacks on female creators, and more

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Seoul looks to join the metaverse starting in 2023, Meta challenges a women’s right to control the Instagram handle “metaverse,” and Francis Haugen issues a warning about the potential risks of the virtual world. Following the announcement that Facebook’s parent company would be rebranding in a shift towards the metaverse, many projects have started similar initiatives entering the virtual space, from buying property to testing the limits of what this universe has to offer.  Digital cities: Santa Monica and Seoul The Downtown Santa Monica District west of […]

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This Is Bitcoin’s Moment, Don’t Let Politicians Waste It

Crypto Daily

Bitcoin offers an incredible advantage for America as we head into the future — and the opportunity cannot be squandered. The United States has always been the global financial leader in my lifetime. But at the moment, government leaders are missing an opportunity to empower Americans to utilize digital currencies. Our incomprehensible unwillingness to embrace digital currency puts our mantle of leadership at risk. Bitcoin, in particular, is primed to become the premier currency of the 21st century. Its scarcity makes it, quite literally “digital gold” and […]

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Millennial Millionaires Own Bitcoin And Want More: Survey

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Over 80% of the young millionaires own bitcoin and cryptocurrency, and 53% have at least half their wealth in such assets. The vast majority of millennial millionaires own bitcoin and are planning to increase their holdings next year, according to a new survey conducted and reported by CNBC. The survey polled investors with $1 million or more in investable assets to uncover that 83% of millennial millionaires own cryptocurrencies. More than half (53%) have allocated at least 50% of their wealth in cryptocurrency, while about a third […]

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