Key developments in consumer, corporate, government and institutional adoption of Bitcoin and blockchain technologies.
Ethereum Name Service’s amazon.eth domain fetches $1 million bid
Speculation mounts that the internet retail giant is behind the bid for the amazon.eth ENS name.
EthCC gets underway as building a decentralized society and surviving a bear market top the bill
The premiere Ethereum conference, EthCC, kicked off with investors, builders, and founders from across the ecosystem converging on Paris.
Nexo has a crypto card that lets you spend without selling your assets
The card is linked to Nexo's crypto Credit Lines, and using digital assets as collateral enables users to make fiat payments at over 90 million Mastercard merchants.
Time Magazine looks to turn all future subscriptions into NFTs
The President of Time Magazine recently said he hoped to fully digitalize all future subscriptions and migrate into NFTs on"TIMEPieces" collection, so that all consumers can own their data.
Ethereum’s centralized dApps may overshadow the decentralization of proof-of-stake
The United States operates 47% of Ethereum nodes, with around 33% going through Amazon AWS. While the consensus layer may become more decentralized, the infrastructure still relies on a few large US companies.
Paraguay’s new bill may turn the country into mining heaven
The Senate of Paraguay sent a new bill for the approval of the President. If the bill passes, crypto miners could use affordable excess energy and be exempt from VAT.
Start-ups turn to crypto-native messaging platforms
Prominent entrepreneurs say there is a need for web3 messaging platforms. A handful of startups are already working on a solution.
Gensler says SEC can consider tailoring rules for crypto industry compliance
Gensler said several crypto companies have been non-compliant with offering unregistered securities to investors.
Bitcoin of America’s customer service is advancing the cryptocurrency industry
Bitcoin of America, is changing how we think about crypto by recognizing the struggle customers go through when they are new to the industry
New York Yankees employees can get partially paid in Bitcoin with NYDIG partnership
As part of NYDIG's Bitcoin Savings Plan, Yankees employees can convert part of their salary to Bitcoin with no fees.
Disney Accelerator announces Polygon, Flickplay, Lockerverse in the class of 2022
Polygon has been chosen to join the Disney Accelerator program as it moves deeper into crypto and web 3
Gaming going strong amidst crypto winter with 1.1 million UAWs
Numbers show that gaming activity makes up for 52% of all unique active wallets (UAW), with Splinterlands being the most popular game.
JPMorgan loses 3 executives to crypto industry jobs
Several top executives of traditional firms have left their jobs for web3 projects.
Rio de Janeiro aims to become Brazil’s crypto ecosystem
The city established a Municipal Committee for Crypto Investments to work on governance and investment models for the city.
Monetizing online identities with SimpDAOs
A recent episode of Bloomberg Crypto podcast mentioned the emergence of SimpDAOs as a way for influencers to monetize their online identities.
Elon Musk pulls out of Twitter deal amid “false and misleading” information from Twitter
The future of Crypto Twitter may be less exciting as Elon Musk pulls out of the deal to purchase the platform. Musk claims Twitter breached the terms of its agreement by using "false and misleading representations" of information.
Banking Circle adds USDC payments and fiat conversion
Banking Circle announced that it will allow payments in USDC as well as conversion of USDC to fiat currencies.