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Second Digital Dollar Whitepaper Published

Reading Time: 2 minutes A second proposal for a digital dollar has been published Congressman Jim Himes outlined his vision for a CBDC controlled by the Federal Reserve The paper is in contrast to the ECASH system put forward in March which sees The Treasury in control A second vision for a digital dollar has […]

Ontario Securities Commission Bans Kucoin, Settles with Bybit

Reading Time: 2 minutes The Ontario Securities Commission has banned Kucoin from operating in the region Kucoin was also hit with a large fine, as was Bybit Bybit an continue to operate but must adhere to securities laws to avoid the same fate The Ontario Securities Commission (OSC) has banned cryptocurrency exchange Kucoin from operating […]

eBay Delves Deeper Into NFTs With KnownOrigin Acquisition

Online commerce giant eBay has announced the acquisition of a non-fungible token marketplace as it extends its foray into the NFT ecosystem. eBay announced that it had acquired a NFT marketplace called KnownOrigin marking its largest move into the digital collectibles space. U.K.-based KnownOrigin was founded in 2018 as a platform to enable content creators […]

Canadian Regulator Penalizes KuCoin and Bybit for Violating Securities Laws

The Ontario Securities Commission (OSC) slapped cryptocurrency exchanges KuCoin and Bybit with enforcement actions, as both companies acted in contravention of local securities laws. Bybit to Stop Accepting New Users From Ontario According to an official press release on Wednesday (June 22, 2022), the OSC said KuCoin and Bybit operated an unregistered crypto trading platform. […]

Jay-Z’s Brooklyn Zoo sneakers finally go on auction as NFT

As a join between IRL sneaker culture and Web3, NFT marketplace ClubRare will auction a prototype sneaker from the popular Jay-Z line. The Brooklyn Zoo sneaker company used this prototype to make only ten pairs of sneakers, and its resale value is over $25,000. The sneaker will be auctioned on June 21 and contains the […]

Discussing How Bitcoin Can Unlock Thermal Energy From The Ocean

A conversation about Level39’s recent article about using thermal energy from the ocean to generate electricity and mine bitcoin with the excess. This is a recording of a recent Twitter Spaces conversation about Level39’s “How Bitcoin Can Unlock The Energy Of The Ocean For 1 Billion People.” Listen To This Twitter Spaces: AppleSpotifyGoogleLibsynOvercast Transcript [00:06] […]

Dogecoin Increasingly Tied To Terrorism And Child Sex Abuse Material, Research Shows

Dogecoin, Elon Musk’s favorite cryptocurrency, is now being utilized in a greater number of illegal acts, according to a new analysis. The token’s value and popularity have risen dramatically in recent months. The research’s author, Blockchain analytics firm Elliptic, claimed to have discovered proof that the famous meme coin was being utilized by criminals as […]

Stablecoin Dominance Hits All-Time High as Crypto Winter Deepens

When traders and investors exit their crypto asset positions, they usually convert them into stablecoins before taking them off exchanges as fiat. That exodus has been going on for the past six weeks, causing the stablecoin market share to grow. Furthermore, this is despite the reduction in the supply of the world’s largest one, Tether. […]

NFT-MAKER: Making Non-Fungible Tokens More Accessible

Since Cardano enabled smart contract capabilities in September 2021, the network has attracted many developers seeking to create blockchain solutions such as decentralized finance applications, crypto tokens, non-fungible tokens (NFTs), games, metaverses, and web3 apps. NFTs have become very popular today, creating more demand for NFT platforms, toolsets, and marketplaces. Although many NFT projects are […]