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El Salvador Powers Crypto Mining with Volcano Power

Source Node: https://beincrypto.com/el-salvador-powers-crypto-mining-with-volcano-power/
Time Stamp: September 30, 2021 12:28 AM - Modified On: September 30, 2021 - Published By:
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The President of El Salvador, Nayib Bukele, posted a video of the groundbreaking of a crypto mining project via power from a local volcano.Sponsored Sponsored According to a Tweet from President Bukele, the nation started an ambitious project which utilizes renewable energy to power massive Bitcoin mines. The post reads “First steps…” and shows an aerial view of a massive power plant at the foot of a volcano. Moreover, the video reveals shipping containers which house massive crypto mining rigs. An operator begins to plug in the machines as the

DeFi protocol run by ex-Coinbase dev just did $3.6 billion in daily trading volume

Source Node: https://cryptoslate.com/defi-protocol-run-by-ex-coinbase-dev-just-did-3-6-billion-in-daily-trading-volume/
Time Stamp: September 28, 2021 5:00 AM - Modified On: September 28, 2021 - Published By:
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dYdX (DYDX), a decentralized derivatives exchange that runs on Ethereum (ETH), has surpassed Coinbase’s volume for the first time, executing over $3.6 billion in trades in a 24-hour period.The protocol’s success came in the midst of Beijing stepping up its clampdown on crypto, which spurred the recent interest in decentralized exchanges (DEXs) and other decentralized finance (DeFi) products among Chinese users.Ethereum Layer-2 DEX doing more volume than Coinbase“5 years ago I left Coinbase and eventually founded dYdX. Today, for the first time, dYdX protocol is doing more trade volume than

Ripple’s Use Case Stand Out While Others Remain Speculative

Source Node: https://coinquora.com/ripples-use-case-stand-out-while-others-remain-speculative/
Time Stamp: September 27, 2021 4:48 AM - Modified On: September 27, 2021 - Published By:
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Regulation News Ripple and SEC legal talks continue. XRP provides great cross border payments. The Securities and Exchange Commission (SEC) and Ripple (XRP) legal talks in the US continue to heat up. As a result, these issues have become one of the most talked-about topics in the crypto world. Recently, the CEO of Ripple, Brad Garlinghouse, insisted that the SEC has provided no clarity in crypto regulation and has lost sight of its mission to protect investors. Despite this ongoing heated debate between SEC and Ripple, XRP continues to provide

Twitter launches BTC tipping for iOS users via Lightning Network

Source Node: https://bitcoinerx.com/bitcoin/twitter-launches-btc-tipping-for-ios-users-via-lightning-network/
Time Stamp: September 26, 2021 3:39 AM - Modified On: September 26, 2021 - Published By:
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Twitter has launched a tipping feature worldwide via bitcoin’s Layer 2 Lightning Network. The social media company has more than doubled the amount of bitcoin deployed on the network since the start of 2021. The San Francisco-based Twitter enabled tipping via BTC for global users of the iOS, with Android access promised “soon,” FuturesMag disclosed. The feature also gives users the option of tipping content creators in fiat currencies via third-party services like Venmo, Cash App, and Wealthsimple Cash. It is worth noting that Square’s Cash App — a payment

Shiba Inu coin (SHIB) pumps and sees $2 billion traded after Coinbase listing

Source Node: https://cryptoslate.com/shiba-inu-coin-shib-pumps-and-sees-2-billion-traded-after-coinbase-listing/
Time Stamp: September 17, 2021 9:00 PM - Modified On: September 17, 2021 - Published By:
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Shiba Inu coin (SHIB) believers were in for a surprise Friday morning after Coinbase, one of the world’s largest and most regulated crypto exchanges, listed the memecoin on its platform.“SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive or store SHIB,” the exchange said in a tweet.SHIB is now live on Coinbase and in the Coinbase iOS and Android apps. Coinbase customers can log in now to buy, sell, convert, send, receive or

Hoskinson says FUD-storm ‘nothing new’ for Cardano

Source Node: https://ambcrypto.com/hoskinson-says-fud-storm-nothing-new-for-cardano/
Time Stamp: September 7, 2021 10:30 PM - Modified On: September 7, 2021 - Published By:
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Two things don’t change in the Cardano ecosystem. Regular upgrades, and the IOHK CEO, tackling all the FUD, criticism and comments directed towards Cardano. At press time, ADA was trading at the $2.67 mark, although with a price correction of about 7% in 24 hours. Meanwhile, the team prepared for the upcoming fork that’s scheduled to take place on September 12th. It would potentially introduce smart contracts to the network’s mainnet. Charles Hoskinson, founder of Cardano, took to Twitter to highlight an important issue that was making the rounds on

Panama’s crypto-bill will make it ‘compatible’ with crypto-assets, digital economy

Source Node: https://ambcrypto.com/after-el-salvador-panama-introduces-bill-to-regulate-cryptocurrencies/
Time Stamp: September 7, 2021 8:00 PM - Modified On: September 7, 2021 - Published By:
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As El Salvador became the first country to make Bitcoin legal tender, another Central American country took a step towards recognizing the importance of cryptocurrencies. The Republic of Panama, recently introduced its cryptocurrency bill. Panamanian Congressman Gabriel Silva, in a tweet thread, announced the same. According to him, the bill aimed to make Panama a “country compatible with the digital economy, blockchain, crypto assets, and the internet.” Moreover, use cryptocurrencies remained optional for individual citizens as well as businesses as per the said bill, which did not compel anyone to

Pranksy Drops $336,000 on Fake Banksy NFT

Source Node: https://beincrypto.com/pranksy-drops-336000-on-fake-banksy-nft/
Time Stamp: September 1, 2021 3:33 AM - Modified On: September 1, 2021 - Published By:
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Well-known NFT collector Pranksy has been the victim of an elaborate hoax that cost him more than $300,000.Sponsored Sponsored Twitter was ablaze with rumors of an official Banksy NFT being posted for sale on OpenSea on Tuesday. The listing caught the eye of famous British NFT collector and Co-Founder of NFTBoxes, Pranksy. Pranksy currently owns more than 39,000 NFTs on OpenSea. The listing gained further traction when it was discovered that a subpage on Banksy’s official website appeared with NFT information on it earlier in the day. The page featured

FTX Bags Naming Rights Of Cal Memorial Stadium For $17.5M To Display Their Brand

Source Node: https://www.newsbtc.com/news/ftx-bags-rights-of-cal-memorial-stadium/
Time Stamp: August 28, 2021 6:19 PM - Modified On: August 28, 2021 - Published By:
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Cal Memorial Stadium has sold its naming rights to FTX during its second vital branding move. This venture was put forward after the purchase of the Miami Heat Arena’s naming rights in March. FTX is a Crypto derivative exchange that bought the Cal Memorial Stadium from California University. This move by FTX aims to introduce its brand to the stadium. This derivatives exchange owned by Sam Bankman-Fried is exploring further in sports. That is why; they have made a 10 year deal of $17M just for the university’s stadium naming

Jack Dorsey says plan for ‘TBD’ bitcoin project is to build a decentralized exchange

Source Node: https://www.theblockcrypto.com/linked/115868/jack-dorsey-bitcoin-decentralized-exchange?utm_source=rss&utm_medium=rss
Time Stamp: August 27, 2021 2:40 PM - Modified On: August 27, 2021 - Published By:
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advertisement Last month, Square CEO Jack Dorsey disclosed plans for a project called TBD that, at the time, would focus on the development of a platform for open-source financial services dedicated to bitcoin. That project has a clearer roadmap, according to Dorsey as well as Mike Brock, the CashApp exec put in charge of the initiative: a decentralized exchange. A decentralized exchange is a system for trading wherein no central party has custody or control of funds that pass through it.  We’ve determined @TDB54566975’s direction: help us build an open

Poly Network hacker returns less than 1% of the $600M theft

Source Node: https://cointelegraph.com/news/poly-network-hacker-returns-less-than-1-of-the-600m-theft
Time Stamp: August 11, 2021 12:07 PM - Modified On: August 11, 2021 - Published By:
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These transfers have occurred across the three wallets associated with the Poly Network hacker across the Ethereum, Binance Smart Chain (BSC) and Polygon networks. Poly Network confirmed receipt of the returned funds via a tweet issued on Tuesday.Details from Etherscan show that $2 million worth of Shiba Inu (SHIB) and $616,000 in Fei USD (FEI) tokens are being returned.So far, we have received a total value of $4,772,297.675 assets returned by the hacker.ETH address: $2,654,946.051BSC address: $1,107,870.815Polygon address: $1,009,480.809 pic.twitter.com/bPFAQk4mvS— Poly Network (@PolyNetwork2) August 11, 2021Data from BscScan also shows the

Ted Cruz says crypto got ‘screwed’ after senate votes on infrastructure bill

Source Node: https://cryptoslate.com/ted-cruz-says-crypto-got-screwed-after-senate-votes-on-infrastructure-bill/
Time Stamp: August 10, 2021 1:00 PM - Modified On: August 10, 2021 - Published By:
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In an occurrence with effects yet to be fully determined, US democrats have objected to moves to make further amendments to the crypto tax provision in the infrastructure bill. Senator Cruz reflects on crypto bill provisionTed Cruz, the lawmaker representing Texas at the United States Senate, revealed this in a tweet on Monday. “Crypto got screwed tonight,”he wrote, noting that the disagreement over the issue of spending took a partisan dimension with Democrats voting against its change.🚨Crypto got screwed tonight.🚨There’s a partisan disagreement on spending, so Dems objected to ALL further amendments.That