Why a New York Bill Barring New Crypto Mines Would Be Bad for Business

Posted: 06 May 2022 03:37 PM PDT

The state senate should reject the legislation, which recently passed the assembly and would place a moratorium on approvals for permits for digital mining operations that use nonrenewable energy sources.

Ice Cube's Basketball League Is Taking on New 'Owners' With NFTs

Posted: 06 May 2022 02:28 PM PDT

VaynerMedia CEO Gary Vaynerchuk and rapper, actor & BIG3 co-founder Ice Cube joined CoinDesk's "First Mover" to discuss decentralized sports team ownership via NFTs.

While Most Crypto Prices Went Down, Smart Money NFT Trades Were Up: Nansen Data

Posted: 06 May 2022 02:04 PM PDT

Staked ETH tokens are still showing signs of investor confidence.

Market Wrap: Crypto Sell-Off Stabilizes Amid Bearish Sentiment

Posted: 06 May 2022 01:29 PM PDT

Bitcoin (BTC) is down by 6% over the past week and appears to be stabilizing after Thursday's sell-off. Traders remain cautious, although some altcoins such as GALA have rallied.

‘Tamagotchi on Crack’: Irreverent Labs Raises $40M for NFT Cockfighting Game

Posted: 06 May 2022 12:56 PM PDT

Investors are backing a gaming studio whose "MechaFightClub" title is predicated on 6,969 robot chicken NFTs, according to government filings.

Nueve de cada 10 bancos centrales planean lanzar monedas digitales, según encuesta

Posted: 06 May 2022 12:40 PM PDT

Un reporte del Banco de Pagos Internacionales reveló que más de la mitad de los bancos centrales están desarrollando CBDCs o realizando experimentos concretos.

Why on Earth Would Land Be Scarce in the Metaverse?

Posted: 06 May 2022 11:51 AM PDT

With their "skeuomorphic" designs and prodigious fundraising, Web 3 metaverse projects may have fallen into a trap of their own making.

Web 3 IRL: Seattle’s CafeDAO Tests Brick-and-Mortar DAO Model

Posted: 06 May 2022 11:44 AM PDT

That said, "We don't want for someone to spill coffee and have all the DAO members vote for who cleans it up."

Inflation Will Create a Political Vacuum. Can Bitcoin Fill It?

Posted: 06 May 2022 11:38 AM PDT

Prices are rising at a time of pervasive distrust in government to fix the problem. That leaves the door open to bitcoin, the ultimate anti-inflation hedge.

Bitcoin Breaking Down, Support at $30K

Posted: 06 May 2022 11:12 AM PDT

Bitcoin (BTC) is breaking down after failing to hold $40K over the past few months. A weekly close below $34,246 could yield further downside targets.

Binance y Sequoia aportan fondos para que Elon Musk adquiera Twitter

Posted: 06 May 2022 07:57 AM PDT

Las compañías se encuentran entre las múltiples firmas que aportaron fondos en apoyo a la adquisición de Twitter por parte del multimillonario.

Cipher Mining, WindHQ Joint Venture Secures $46.9M Loan From BlockFi

Posted: 06 May 2022 07:36 AM PDT

The Alborz JV will use the proceeds to purchase S19j Pro mining rigs for its 40 megawatt data center in Texas.

Nvidia Failed to Disclose Cryptomining Revenue Impact in 2018, SEC Says

Posted: 06 May 2022 07:32 AM PDT

Without admitting or denying the SEC charges, the chipmaker agreed to pay a $5.5 million dollar fine to settle the affair.

Banco Central de Argentina prohíbe a bancos ofrecer servicios con criptomonedas

Posted: 06 May 2022 07:05 AM PDT

El anuncio se dio tras un acuerdo del país con el FMI, en el cual se estipuló que Argentina desalentaría la utilización de criptomonedas

Ready Games Raises $3M to Bring Web 2 Gaming to the Web 3 World

Posted: 06 May 2022 07:01 AM PDT

The initiative could lead to a sizable increase in the number of NFT games in Apple's App Store.

US Officials Add North Korea-Linked Bitcoin Mixer, More BTC and ETH Addresses to Sanctions List

Posted: 06 May 2022 06:08 AM PDT

The U.S. Treasury Department is ramping up efforts to ice the flow of stolen crypto from a historic $620 million hack.

The NY Mining Moratorium’s Odds Just Got a Lot Worse

Posted: 06 May 2022 06:05 AM PDT

A bill that aims to place a two-year moratorium on certain types of proof-of-work crypto mining operations in New York was dealt a huge blow on Thursday.

US Jobs Report Shows Gain of 428,000, Adding to Price Pressures

Posted: 06 May 2022 05:44 AM PDT

Friday's Labor Department report showed that employment growth slowed but it's still high enough worry the Federal Reserve about a too tight labor market.

Bitcoin Breaks Bullish Trend Line; US Jobs Data Eyed

Posted: 06 May 2022 04:22 AM PDT

An above-forecast U.S. wage-growth figure may revive expectations of a 75 basis point Fed rate hike and bring more volatility to markets.

9 Out of 10 Central Banks Exploring Digital Currency, BIS Says

Posted: 06 May 2022 03:59 AM PDT

A survey conducted in 2021 by the Bank for International Settlements found more than half of central banks are developing CBDCs or running concrete experiments.

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