Day: October 11, 2021

Ripple to Support Solar Energy Projects to Reduce Crypto Industry's Carbon Footprint

Blockchain company Ripple has announced a partnership with Lincoln-based financial services company Nelnet. As part of the deal, it will jointly invest $44 million into the company’s renewable energy business division in order to provide funding for American solar power projects. Ken Weber, Ripple’s head of social impact, claims that shrinking the industry’s carbon footprint

U.S. Navy Man Tried to Sell Nuclear Secrets for Monero

A U.S. Navy engineer and his wife recently attempted to sell nuclear secrets for cryptocurrency, according to court documents, Toebbe Asked for $100,000 In Monero Beginning in 2020, Jonathan and Diana Toebbe attempted to sell Navy information regarding the design of nuclear-powered warships to a foreign representative. Toebbe aimed to get $100,000 of cryptocurrency by

Early Facebook Investor Andreessen Horowitz Nabs Engineers From Novi Crypto Wallet

Venture capital firm Andreessen Horowitz, a founding member of the organization behind Facebook’s Diem cryptocurrency project, is making sure something good comes of an investment that has thus far failed to bear fruit. Two lead engineers for Facebook’s Novi wallet, which will be used to hold a dollar-based stablecoin issued by the Diem Association that

Morehead: Bitcoin’s Wild Volatility to Be “A Thing of Our Primordial Past”

Dan Morehead, Founder and CEO of Pantera Capital, claimed that the four-year crypto price cycles that investors have grown accustomed to “are done.” In addition, he believes we can expect less volatility, on both the upside and downside. Bitcoin Price Likely to Stabilize Going Forward, Says Morehead In Pantera Capital’s October Investor Letter , Dan

Ethereum On-Chain Metrics Set the Stage for a Rally

Ethereum could soon breach $4,000 and march toward new all-time highs as on-chain metrics turn bullish. Ethereum Primed for Volatility Ethereum has been relatively stagnant while Bitcoin appears to be heading toward new all-time highs. The second-largest cryptocurrency by market cap has mostly traded within a $250 price pocket since the beginning of the month,

Ethereum NFT Game Sorare Investigated by UK Gambling Commission

Sorare , an Ethereum -based fantasy soccer game built around NFT digital trading cards, has come under scrutiny by the United Kingdom’s Gambling Commission, which is investigating whether the game requires a gambling license—which it does not currently hold—to continue operating in the country. The U.K. Gambling Commission posted a statement on Friday , writing,

Former UK Chancellor Enters Crypto’s Revolving Door, Joins Custody Firm Copper

Cryptocurrency firms have long called for more regulatory certainty from governments, while also making it known that any government rules should be favorable to their industry. Since many jurisdictions still cast a wary eye on the upstarts, crypto companies have employed a classic tactic: hiring former regulators and legislators. The latest instance is Philip Hammond,

ConsenSys Reportedly Raising Funding at $3B Valuation

The update follows an April funding round in which ConsenSys raised $65 million from JPMorgan, Mastercard, and others. ConsenSys Reportedly Hits $3 Billion Valuation ConsenSys, the Ethereum software company run by Joseph Lubin, is reportedly raising funds that would value the company at $3 billion. Financial Times reported on the development, citing “people briefed on

Edward Snowden Has Perfect Response for Bitcoin-Hating JPMorgan CEO

World-famous whistleblower Edward Snowden recently used the dismissive “OK, Boomer” phrase as a scathing retort against JPMorgan CEO Jamie Dimon. ok boomer https://t.co/7uQ9dyGYAC — Edward Snowden (@Snowden) October 11, 2021 As reported by U.Today, Dimon recently ruffled the feathers of the Bitcoin community by calling the largest cryptocurrency “worthless”: I personally think that Bitcoin is

Decentralized Messenger Secretum Launches on Solana: Details

Secretum encrypted peer-to-peer messenger addresses the major bottlenecks of the modern instant messaging segment. Empowering messengers with blockchain: What is Secretum? Developed by Lithuanian blockchain engineers and telecom experts, Secretum pioneers the usage of Solana (SOL) blockchain for decentralized messaging software. 💥 Secretum is focused on making communications and crypto ownership completely safe on Solana

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