Monthly Archives: December 2021

‘You don’t own Web 3.0,’ says Jack Dorsey, criticizing its centralized nature

It’s often the top priority for VCs and angel investors that businesses comply with relevant regulations, not decentralization, for growth. In a series of tweets posted on Tuesday, Jack Dorsey, the co-founder and former CEO of Twitter, as well as the founder and CEO of Square (now Block), voiced his criticism over the direction of Web 3.0 development. Elon Musk, the CEO of Tesla, joined Dorsey in the mockery. On an unrelated note, the same day, Dorsey replied, “Bitcoin will” when asked if crypto will replace the dollar. […]

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Crypto​.com partners with Los Angeles’ Angel City Football Club

The exchange said the partnership was aimed at encouraging “financial education, independence and financial empowerment” for women. Cryptocurrency exchange Crypto.com has inked another deal to expand its brand recognition in the United States with the professional women’s sports team Angel City Football Club. In a Tuesday announcement, Crypto.com said it had partnered with the Los Angeles soccer team in an effort to increase the awareness of and access to crypto, blockchain and Web 3.0 among Angelenos, soccer fans and the athletes themselves. The exchange said it plans […]

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Crypto.com Signs Multi-Year Deal With LA’s Angel City Football Club

The cryptocurrency exchange Crypto.com has announced the company has partnered with the Angel City Football Club (ACFC) as the ACFC’s official cryptocurrency and NFT partner. The deal follows a slew of sports-related partnerships Crypto.com has made this year, including acquiring the naming rights agreement to the former Staples Center home of the Los Angeles Lakers, and partnering with the largest mixed martial arts promotion company, UFC. Crypto.com Partners With Angel City Football Club On December 21, the digital asset trading platform Crypto.com revealed it has partnered with […]

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NFT gaming generated $2.32B in Q3 — BGA report

A report published by the Blockchain Gaming Alliance shows that nonfungible token games generated billions in revenue in the third quarter. Blockchain gaming continues to grow and dominate the nonfungible token space with a share of roughly 22% of all NFT trading volume in the third quarter of 2021, according to a report released by the Blockchain Gaming Alliance, or BGA. The report showed that NFT games accumulated $2.32 billion in revenue between July and September.  Metaverse-related activity was also highlighted in the report. It showed that […]

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Inside the Iranian Bitcoin mining industry

ViraMiner is an Iranian company that sets up Bitcoin mining farms and maintains them. It has two offices in western Tehran, located in separate adjacent buildings. When Magazine visits, its old office is busy on a Monday afternoon. This place is now officially dedicated to its repairing services alone. Mining devices are stored upon each other in yellow, green and red shelves raised against a wall facing the company secretarys desk. Across the entrance, there is a busy repair room where devices are opened. Power supplies, hash […]

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Interlay raises $6.5M to accelerate Bitcoin DeFi interoperability

Interlay is developing infrastructure for decentralized financial apps on multiple blockchains, including Ethereum, Cosmos, and Polkadot. DFG Capital has led a $6.5 million investment in the interoperability start-up Interlay, which is building infrastructure for decentralized finance applications across major blockchains such as Ethereum, Cosmos and Polkadot.  As per the announcement, the new funds will be used by Interlay to scale its operations and bring more developers on board with its open-source platform. In a statement, James Wo, DFG Founder and CEO, said Interlay’s solution will “expand the […]

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Bitcoin Giveaway: Actress Gwyneth Paltrow Gives Away $550K in BTC for the Holidays

Hollywood actress Gwyneth Paltrow is giving away $500,000 in bitcoin for the holidays. The winners are chosen at random and given bitcoin in “$20 increments and $100 increments.” She explained: “I wanted to do it to get women — my followers specifically, and Marvel fans — feeling excited” about bitcoin so they can “play around with it” and “trade it.” Gwyneth Paltrow Gives Away Bitcoin Actress and entrepreneur Gwyneth Paltrow announced Monday that she is giving away $500,000 in bitcoin for the holidays via Cash App, a […]

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Latest Court Ruling Is Not A Win For Craig Wright Or His Satoshi Claims

Craig Wright has suffered another loss in court related to debunked claims that he invented Bitcoin, and now he’s been ordered to pay $100 million. Craig Steven Wright has suffered a massive loss in the almost four-year-old legal dispute with Ira Kleiman, who has claimed that his deceased brother, David Kleiman, was entitled to 1.1 million bitcoin that Wright seized from him following a business partnership. The Australian-born Wright — who is currently living in the U.K. after fleeing his home country during the heat of Australian […]

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Bank of Russia to allow crypto investment via foreign firms: Report

Russian citizens and businesses will reportedly have the right to acquire Bitcoin, but not via local infrastructure. Russia continues sending mixed signals to the cryptocurrency markets as more reports provide details on the country’s upcoming crypto regulation. Shortly after Bank of Russia governor Elvira Nabiullina announced the Bank’s intention to prevent the local financial system from using crypto, another executive at the central bank has clarified that crypto investment will remain legal in Russia. There will be one important condition, however: Russians will only be able to […]

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The political Santas and Grinches of the crypto industry in 2021

Politicians, billionaires and both: Here’s a list of some of the most outspoken anti-crypto politicians and their pro-crypto counterparts from this year. 2021 was a huge year for the crypto industry. A few years ago, our elected officials probably hadn’t even heard of crypto before, let alone had an opinion on it. However, this year it seemed like crypto was the hot topic on the block all around the globe. Here is a list of the most outspoken crypto advocates and critics from the parliaments and white […]

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