News

  • To benefit NFTs and cryptocurrency, Apple will permit third-party app stores.

    Under the new rules, European customers would be able to download alternative app marketplaces outside of Apple’s proprietary App Store, thus allowing them to download apps that skirt Apple's 30% commissions and app restrictions according to a Dec. 13 Bloomberg report citing those familiar with the matter.
  • PayPal has been featured in a Black Mirror episode——Elon Musk

    To list just some of PayPal’s notable deplatformings, it has shut down the accounts tied to the censorship-free focused Freedom Phone startup, news website Consortium News, the Free Speech Union lockdown sceptic blog The Daily Sceptic. All of which could be deemed as leaning right politically, or at least as holding alternative views.
  • The Crypto Winter Reduces Profitability, Causing the Most Recent Drop in Bitcoin Mining Difficulty

    At these “depressed profitability levels, even miners using energy-efficient machines like the Antminer S19j Pro need access to electricity priced lower than $0.08 per kWh,” said Jaran Mellerud, an analyst at Luxor. Even though the average energy price on the network is about $0.05 per kilowatt hour (kWh), many miners are paying about $0.07 - $0.08 per kWh, Mellerud said.
  • The Elizabeth Warren-led cryptocurrency plan, which may give the SEC the majority of regulatory power

    The senator demanded new regulations to govern the crypto industry after the collapse of the crypto exchange FTX. Elizabeth Warren led cryptocurrency bill in works, may give SEC most regulatory authority. Warren’s office is investigating crypto-related issues, including taxation, regulation, climate, and national security, according to details by Semafor, which “could change.” 
  • Elon Musk's hint to Twitter 2.0's plans causes Dogecoin to increase.

    Dogecoin investors continue to be hopeful that Musk’s vision for Twitter 2.0 will include some form of DOGE integration. Source:cointel...
  • Vitalik Buterin talks about how excited he is about Ethereum's future.

    Vitalik Buterin says that money, blockchain identities, decentralized finance (DeFi), decentralized autonomous organizations (DAOs) and hybrid applications are the top developments he is excited about in the Ethereum ecosystem. In a Dec. 5 blog post, the Ethereum co-founder describes his experience of using Ether as a means of payment in a cafe in Argentina
  • Japanese Regulator Indicates Potential Preparation for DeFi Police

    The top Japanese financial regulator has given a hint that it may be preparing to attempt to police the decentralized finance (DeFi) sector.The Financial Services Agency (FSA) issued a call for DeFi players to take part in a “fact-finding survey” on the sector.The FSA wants to “research” its “understanding” of “actual conditions” surrounding “on-chain and off-chain” data management “in decentralized financial systems.”The agency asked would-be contributors to the initiative to register their interest in the form of a “bid,” with a deadline of December 9.
  • Due to "poor usage," Coinbase Wallet will no longer support BCH, ETC, XLM, and XRP.

    In a Nov. 29 notice on its help pages, Coinbase said the wallet will no longer support Bitcoin Cash , XRP , Ethereum Classic and Stellar Lumen , as well as their associated networks. The crypto firm cited "low usage" of the four tokens in its decision.
  • Binance is now the largest Bitcoin holder in the world, holding nearly 600,000 coins valued at $9.6 billion.

    The Bitcoin balance of Binance, the world's largest cryptocurrency exchange, has risen significantly over the past month following the collapse of FTX, with total holdings now nearing 600,000 BTC. According to data by crypto analytics platform Coinglass, Binance currently holds over 575,000 BTC coins, having added more than 137,011 coins just over the past week and a total of 67,347 BTC coins over the past month. 
  • Cryptocurrency Prices Hold Steady as New CEO Slams "Complete Failure" The Shocking Mismanagement is Clearly Presented Here

    New FTX CEO John Ray reveals today in a court declaration “the complete failure of corporate controls” at bankrupt crypto exchange FTX.FTX CEO John Ray lays bare the enormity of the task he faces in finding and securing the property of the debtors as the liquidators seek to unravel the governance and management nightmare that is FTX.Despite the latest grim news, crypto prices are holding up relatively well, with bitcoin firming at around $16,696, and some bright spots such as Litecoin up 8% at $62 and XRP ticking upwards at $0.38, gaining 2.7%.
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