Author: Justin

Lawmakers Ask The CFTC To Clarify Their Role Monitoring Crypto Risks

Bipartisan lawmakers from the U.S. House and Senate Agriculture Committees have requested clear information from the chair of the Commodities Futures Trading Commission (CFTC) about the crypto industry and their role in monitoring it and taking enforcement actions. The CFTC chair Rostin Behnam intends to expand the regulator’s authority over the crypto market. Democrats and…
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01/13/2022 0

Jack Dorsey’s Block To Democratize Bitcoin Mining With Open Source Mining System

Block, formerly known as Square, is working on an open-source bitcoin mining system, according to CEO Jack Dorsey. He referenced a more detailed thread on the project’s objectives by the company’s general manager for hardware, Thomas Templeton. We’re officially building an open bitcoin mining system ✨ https://t.co/PaNc7gXS48 — jack⚡️ (@jack) January 13, 2022 Block Is…
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01/13/2022 0

Why Sovereign Nation States May Begin Acquiring Bitcoin In 2022

Bitcoin has grown from being ‘internet money’ used by only a few thousand people during its first few years to being part of the balance sheets of big companies and sovereign states. El Salvador is a case in point for a country that has committed fully to the bitcoin mission, putting millions of dollars into…
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01/13/2022 0

Bitcoin Revisits $44k As Exchange Outflows See Uptick

Bitcoin has enjoyed some uptrend over the past day as the crypto once again visits the $44k price level. On-chain data suggests that an uptick in exchange outflows may be behind the move. Bitcoin Exchange Outflows Observe A Spike In The Past Couple Of Days As pointed out by an analyst in a CryptoQuant post,…
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01/13/2022 0

Bitcoin Is Massively Overvalued, Billionaire ’Bond King’ Jeff Gundlach

Billionaire Jeff Gundlach has shared his thoughts around bitcoin, saying that the digital asset is massively overvalued. Gundlach who is also known as the ‘Bond King’ is the founder of the investment firm, DoubleLine Capital. Bitcoin which has suffered numerous dips that have caused it to lose over 30% of its all-time high value continues…
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01/13/2022 0

Velas Network Blasts off Through Partnership with SpaceChain into the New-Age Space Race

While the space race for humanity began in the mid-1950s, blockchain technology took its first steps outside Earth in February 2018, and now Elon Musk has declared the start of the space race in early June 2021. With the recent news that SpaceX was going to carry some payload funded by Dogecoin, the latter was…
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01/13/2022 0

Fed Chair Jerome Powell Argues private stablecoins can co-exist with US CBDC

On Jan. 11, Federal Reserve Chair Jerome Powell told Senate legislators that nothing prevents privately issued stablecoins from coexisting with a prospective Fed central bank digital currency (CBDC). Jerome Powell Confirms Fed-issued Digital Currency Is Underway Sen. Pat Toomey (R-Pa.) asked Powell during his confirmation hearing for a second term as Fed chairman whether there…
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01/13/2022 0

When Art Meets Automobile

Since their inception, cars have captivated artists. Cars have been featured in studios and galleries worldwide as objects of love, hate, and even as a fetish. And, more often than not, this is because artists are self-proclaimed fans of the art they create. With Web3 being a powerhouse of revolution, art has taken a whole…
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01/13/2022 0

Wikipedia Considers To Stop Accepting Crypto Donations Because Of The ESG FUD

Even Wikipedia fell for the environmental FUD surrounding Proof-Of-Work mining. A proposal to “stop accepting cryptocurrency donations” is currently under discussion. It starts with the same thin arguments that the whole mainstream media irresponsibly uses. However, it gets better and more interesting. In general, it’s amazing to see both sides of the argument unfolding. Even…
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01/13/2022 0

How To Turn Unused Internet Bandwidth Into Cash?

Monetizing your internet connection According to OpenVault’s broadband study from 2021, the average US household uses approximately 435GB of data per month. However, many internet service providers (ISPs) offer 1TB+ monthly data allowances or unlimited data plans. Many internet users waste hundreds of millions of gigabytes worth of unused bandwidth every month. Now there is…
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01/13/2022 0

SocialGood – Shopping That’s Good for Your Wallet

SocialGood has a smartphone app worldwide, called the SocialGood App, which allows users to get SocialGood (SG) crypto assets for free by shopping at over 1,800 online retailers. Shopping with the app through a process called Shopping Mining™, users can shop and receive SG as a form of “cryptoback”. How is SocialGood beneficial for your…
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01/13/2022 0

TA: Ethereum Dips Turn Attractive, Bulls Could Aim $3,500

Ethereum gained pace above the $3,250 zone against the US Dollar. ETH price is correcting gains from $3,400, but dips might be limited in the near term. Ethereum started a strong increase above the $3,250 resistance zone. The price is trading above $3,250 and the 100 hourly simple moving average. There is a major bullish…
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01/13/2022 0

Bribe Looks to Usher In DAO 2.0 With Voter Extractable Value

Community governance is a concept that hearkens back to the early days of cryptocurrency, when intrepid cypherpunks pooled resources, shared ideas, and tinkered with one another’s proposals. With everyone pulling in the same direction, but each bringing his own talents and theories to the table, the idea was that those most committed to a project…
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01/12/2022 0