Day: October 20, 2021

Diem Answers Senate by Distancing Itself From Facebook

Diem published a press release today in response to lawmakers’ attempts to shut down the launch of its Novi wallet. “Diem Is Not Facebook” Yesterday, members of the U.S. Senate attempted to stop the limited launch of the Novi wallet that occurred yesterday. That letter was addressed to Facebook, and it criticized the company’s plans

Andrew Yang and Bankless Release NFT to Support Forward Party

Former presidential and New York mayoral candidate Andrew Yang is moving forward with his new Forward Party. To help fund his third party, which seeks to “reform the dysfunctional duopoly” in the U.S. political system, he’s revealed an NFT collaboration with decentralization project Bankless. Yang, appearing on the October 18 edition of the Bankless podcast,

AMC Could Create Its Own Cryptocurrency, CEO Says

Adam Aron, CEO of the theater chain AMC, has suggested that the company could issue its own cryptocurrency. AMC Is “Hyperactive In Cryptocurrency” Aron hinted at plans during an interview with CNBC while noting that AMC is “getting hyperactive in cryptocurrency.” “There are a lot of reasons why AMC could be a successful issuer of

Flow Blockchain Now ‘Controlled by Community,’ Says Dapper Labs

Dapper Labs’ Flow blockchain blockchain is one of the most prominent networks in the rising NFT market, powering NBA Top Shot to more than $750 million of secondary market trading volume to date. As the firm expands into new NFT projects and other directions, it has also been working to further decentralize the Flow network.

VanEck’s Bitcoin Futures ETF Will Go Live Next Week

VanEck has gained approval for its Bitcoin futures ETF and set a date for its launch, according to a post-effective filing. VanEck’s ETF Will Launch on Oct. 25 The VanEck Bitcoin Strategy ETF has now been approved by the U.S. Securities Exchange Commission. The fund is allowed to begin trading after Saturday, Oct. 23, but

Bitcoin Sets New All-Time High Above $66,000

The world’s largest cryptocurrency by market dominance surpassed new all-time highs today. The update comes the day after the first U.S. Bitcoin futures ETF went live on the New York Stock Exchange. Bitcoin Hits New Highs Bitcoin, the world’s most popular cryptocurrency, just broke all-time high. It briefly crossed $66,000 on multiple exchanges this afternoon.

Ethereum Breaks $4,000, Targets New All-Time Highs

Now that Bitcoin has set a new all-time high, it appears that Ethereum wants to catch up. The smart contracts giant recently breached a crucial resistance level that could lead to a raise of as much as 134%. Ethereum Breaks Through Resistance Ethereum is back above $4,000 for the first time in nearly two months.

Australian Lawmakers Want Crypto Framework That Recognizes DAOs

The Australian Senate’s Select Committee on Australia as a Technology and Financial Centre (ATFC) has today presented its final report outlining its recommendations for a clear regulatory framework for the digital assets sector in Australia. The report includes a total of 12 recommendations, including the establishment of legal structures to recognize decentralized autonomous organizations (DAOs).

Cardano's Project Catalyst Fund6 Concludes Voting Campaign

Only a few hours remain for Cardano (ADA) enthusiasts to take part in the largest community vote, i.e., a referendum designed to indicate the winners of Project Catalyst. 711 applicants, $4 million in ADA at stake According to the “last call” announcement by Input Output Hong Kong, the development studio behind Cardano (ADA), its Project

Tether Responds to $1 Million Bounty, Calling It “Cynical” Stunt

Stablecoin issuer Tether has blasted the $1 million bounty announced by New York-based investment firm Hindenburg Research as “cynical” in its response. Aptly named after one of the worst airship disasters in history, Hindenburg is notorious for opening short positions on stocks that it thinks will crash. The firm’s best-known targets include electric carmaker Nikola

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