Monthly Archives: January 2022

Second Life creator returns to lay claim to the Metaverse

Crypto News

It looks like Second Life might be approaching its second coming, with creator Philip Rosedale returning to the project as it prepares to tackle the Metaverse. The founder of Linden Lab’s virtual online world Second Life Philip Rosedale will be rejoining the project as a strategic advisor to guide its entry to the Metaverse. While he is negative on content interoperability in the Metaverse describing it as “a total fail” he believes an NFT based future is the way forward long term. Second Life is an online […]

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Coinbase Acquires Fairx Exchange to Make Derivatives Market Approachable for Millions of Retail Customers

Crypto Daily

Nasdaq-listed cryptocurrency exchange Coinbase has acquired a regulated derivatives trading platform. Coinbase plans to make the derivatives market more approachable to millions of its retail customers. Coinbase Plans to Offer Crypto Derivatives to All US Customers Nasdaq-listed crypto exchange operator Coinbase announced Wednesday that it has acquired Fairx, a regulated derivatives trading platform. Fairx is regulated by the Commodity Futures Trading Commission (CFTC) as a derivatives exchange or Designated Contract Market (DCM). “Through this acquisition, we plan to bring regulated crypto derivatives to market, initially through Fairx’s […]

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Shiba Inu (SHIB) fetches 30% gain on Robinhood listing rumor and bullish chart pattern

Crypto News

SHIB’s 30% gain initiates a bullish reversal pattern and rumors of a major exchange listing and other developments have investors playing catch with the canine-themed meme coin. Shiba Inu (SHIB) seems to be preparing for a bullish breakout as a falling wedge pattern begins to form. The price of SHIB has been trending lower inside an area defined by two contracting trendlines while accompanying a decline in trading volume. That shows that investors have been less concerned about the downtrend.   As a result, falling wedges typically provide an […]

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US Lawmaker Launches Bill to Prohibit the Fed From Issuing Digital Currency Directly to Individuals

Crypto Daily

A U.S. lawmaker has introduced a bill in Congress to prohibit the Federal Reserve from issuing a central bank digital currency (CBDC) directly to individuals. “It is important to note that the Fed does not, and should not, have the authority to offer retail bank accounts,” he stressed. Bill Introduced to Prohibit the Fed From Issuing CBDC Directly to Consumers U.S. Congressman Tom Emmer (MN-06) announced Wednesday that he has “introduced a bill prohibiting the Federal Reserve from issuing a central bank digital currency (CBDC) directly to […]

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How Blockchain Commons Is Improving Individual Access To The Bitcoin Network

Crypto Daily

Standards put forth by the open-source software team at Blockchain Commons will help individuals get the most out of Bitcoin. The below is a direct excerpt of Marty’s Bent Issue #1144: “Gordian principles and software standards.” Sign up for the newsletter here. via Blockchain Commons I had the pleasure of sitting down and interviewing Christopher Allen and Wolf McNally from the Blockchain Commons project earlier this afternoon. Blockchain Commons is a group of open source developers focused on building open source tools and standards with interoperability in […]

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How Jack Mallers’ Strike Displays The Agility Of Bitcoin

Crypto Daily

The company started in 2019 is well on its way to revolutionizing the payments and remittances world through Bitcoin. I first heard of Jack Mallers in January 2020 and when I heard what he was doing with Strike, I immediately posted the message below on Facebook: I proceeded to watch everything I could find on him and his company. Jack Mallers is a very intelligent 27-year-old with a hoodie who operates out of a women’s clothing closet wearing Crocs, and he is proud of it! How do […]

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