Day: July 14, 2021

Compass Taps Oklo for Nuclear Bitcoin Mining Plans

Compass is planning to use nuclear energy to mine Bitcoin. Compass Joins Oklo for Nuclear Energy Play Compass Mining is taking steps to start using nuclear energy. The Bitcoin mining firm, which lets customers buy and host their own mining rig at a facility around the world, has partnered with nuclear energy company Oklo in

Dogecoin Creator Jackson Palmer Says Crypto Preys on ‘Financially Desperate and Naive’ in Tweetstorm

The co-founder of Dogecoin today launched an astonishing attack on cryptocurrency—claiming it has the “worst parts of today’s capitalist system.” Jackson Palmer, who founded Dogecoin in 2013 for fun with co-founder Billy Markus before selling all his holdings, explained in a Wednesday Twitter thread why he wants nothing more to do with the crypto world.

Holly Herndon Launches DAO-Controlled Vocal Deepfake Platform ‘Holly+’

Experimental composer and singer Holly Herndon has announced Holly+, an online instrument that channels audio files through a digital model of her own voice. Upload a file, and a glitched-out version of Herndon will sing it back to you. In a statement, Herndon has described the project as a kind of vocal deepfake . The

SEC Settles With Crypto ICO Ratings Site Over Undisclosed Payments

The SEC isn’t just going after years-old crypto projects for initial coin offerings (ICOs). It’s also going after long-gone websites that promoted them. The US Securities and Exchange Commission today announced it had settled charges with Blotics Ltd., which ran, a now-defunct website that rated ICOs. Coinschedule purported to be a safe haven for

Solana Wallet Phantom Raises $9M to go Multi-Chain

Solana-based crypto wallet Phantom has raised $9 million in a Series A funding round led by Andreessen Horowitz. Phantom Wallet to Go Multi-Chain Phantom, a Solana-based crypto wallet, has closed a $9 million Series A funding round. The raise was led by Andreessen Horowitz (a16z), with participation from Solana Foundation, Variant Fund, Jump Capital, and

BTC, ETH, and BNB Price Analysis for July 14

The cryptocurrency market is trying to break its bearish streak, with the majority of the top 10 coins being in the green zone. Top coins by CoinMarketCap BTC/USD Bitcoin (BTC) has risen by 1 percent over the last day. BTC/USD chart by TradingView Bitcoin (BTC) has once again bounced off the support at $32,000, having

Stablecoins Should Be More Strictly Regulated, Fed Chair Tells Congress

Testifying today before the House of Representatives, Fed chairman Jerome Powell said stablecoins should be subject to stricter regulation, and treated like bank deposits or money market funds. A stablecoin is a kind of cryptocurrency that’s pegged to the price of a physical currency, typically the US dollar. The idea is that the peg keeps

Dogecoin Co-Founder Says Crypto Is Controlled by “Powerful Cartel” of Wealthy Figures

Dogecoin co-founder Jackson Palmer has vented his frustration with the cryptocurrency industry in a lengthy Twitter thread, claiming that it’s controlled by “a powerful cartel” of wealthy figures: Ads Ads Despite claims of “decentralization”, the cryptocurrency industry is controlled by a powerful cartel of wealthy figures who, with time, have evolved to incorporate many of

ECB Launches Digital Euro “Investigation Phase”

The initial stage of the project is expected to last 24 months. ECB Investigating Possible CBDC The European Central Bank is taking steps towards developing a digital euro. The ECB published a statement Wednesday, confirming its plans to launch a digital euro project. It will open with a 24-month “investigation phase,” placing particular focus on

ShapeShift to Become Decentralized Exchange, Airdrops FOX Tokens to 1M+ Users

ShapeShift, the cryptocurrency exchange founded in 2014 by Erik Voohees, announced today that it will decentralize its operations and gradually shutter its corporate business. Instead, the firm will turn over control to its users and become a decentralized exchange (DEX) that enables trading without intermediaries. According to the firm , ShapeShift’s codebase and technology will

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