Day: September 2, 2020

Adam Carolla Is Stuck in the Wrong Era

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Adam Carolla has, shall we say, controversial takes on things. But he stooped to a new low with his COVID-19 tweet. People have been calling him out — including other celebrities. 1990s babies remember a time when Adam Carolla was that funny guy on “Loveline” on MTV with Dr. Drew. If we’d have known then what we know now about these two, we probably never would have made them famous. In a tweet that can only be described as “terrible,” the former “Man Show” host tweeted about COVID-19 in such a way…

Lawmakers Ask Trump to Use Blockchain in COVID Relief

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Members of Congress are urging the federal government to use blockchain solutions to boost COVID relief efforts. In a Wednesday letter addressed to the U.S. President Donald Trump and federal officials, lawmakers said blockchain technology can help identify and authenticate individuals set to receive government benefits, streamline supply chains and create a registry of medical professionals.  This is the latest development in a trend of U.S. lawmakers actively advocating for blockchain applications and virtual currencies, with representatives re-introducing bipartisan legislation in January that would reduce the tax burden on small…

CEO shares an early adoption story about selling Bitcoin inside various Taco Bells

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Following an earlier endeavor selling Bitcoin (BTC) at a premium on eBay in 2015, Chris Maurice, CEO of African crypto exchange Yellow Card, made a small business selling the asset at multiple Taco Bell locations. Maurice worked with his friend Justin Poiroux on the endeavor. Poiroux, who later co-founded the Yellow Card exchange, first explained Bitcoin to Maurice about two years prior. “We would post on Craigslist and on LocalBitcoins, and we would say, ‘Hey we have Bitcoin, come meet up with us and give us cash and we’ll give you the Bitcoin,’” Maurice told…

Gareth Bale Is Proving He Lacks the Mindset to Be a Real Madrid Great

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Gareth Bale has revealed Real Madrid blocked his attempts to leave last summer. Bale still wants to move on, but says his club makes “things very difficult.” Bale has gotten the right mentality to be a star in Madrid the way Cristiano Ronaldo was. Gareth Bale was the world’s most expensive player when he joined Real Madrid in 2013. The Welshman has won the Champions League four times, La Liga twice, and one Copa del Rey trophy during his seven years in the Spanish capital. So everybody is happy, right?…

Did Khloe Kardashian & Tristan Thompson Just Play Us for Ratings?

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Khloe Kardashian is officially back with Tristan Thompson. She says they’re happy, and they’ve “never been stronger.” Whatever, girl — you know you never split with that man. Khloe Kardashian continues to think we’re all stupid. The youngest Kardashian sister swears on all that’s holy that she’s now back with Tristan Thompson, and they’re “stronger than ever.” But anyone with a half-brain can figure out that she and this man were never apart, and they most likely played us all for ratings. Khloe Kardashian Is The Patron Saint Of Pick-Me’s After watching…

Here’s Why This Top Analyst Expects Band Protocol (BAND) to Reach New Highs

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Band Protocol was an early winner in the DeFi craze, posting massive gains throughout August based on a combination of hype for oracle tokens, integration news, and exchange listings. This allowed it to surge from the lower-$2.00 region to highs of $18.00 – marking a massive rise that came about early on in the course of the ongoing DeFi bull market. Although the cryptocurrency’s momentum has since stalled, analysts are now noting that it may be well-positioned to see significantly further upside in the near-term. There are a variety of…

US federal court calls NSA’s mass phone data collection illegal

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In the final decision on a criminal case that began a decade ago, an appellate court has said that the National Security Agency’s phone data collection practices were in fact illegal. They did, however, uphold the convictions in the case. According to the 9th Circuit Court’s Sept. 2 opinion in USA v. Moalin: We conclude that the government may have violated the Fourth Amendment and did violate the Foreign Intelligence Surveillance Act (“FISA”) when it collected the telephony metadata of millions of Americans. The court continued to attack the program,…

Market Wrap: Bitcoin Falls to $11.1K; Ethereum Miners at Record Fee Percentage

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Bitcoin took a dive Wednesday. Ethereum miners are benefiting from all that DeFi. Bitcoin (BTC) trading around $11,396 as of 20:00 UTC (4 p.m. ET). Slipping 4.8% over the previous 24 hours. Bitcoin’s 24-hour range: $11,159-$12,058 BTC above its 10-day moving average but below the 50-day, a sideways signal for market technicians. Bitcoin trading on Coinbase since August 31.Source: TradingView Read More: Bitcoin Price Drops 4% After Latest Rejection at $12K Resistance Bitcoin dropped to as low as $11,159 on spot exchanges like Coinbase Wednesday. The fall was exacerbated by…

Superstar Altcoin Band To Snap Back After Lower High Is Set

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Following in the flaming hot footsteps of Chainlink, its closest competitor, fellow decentralized oracle solution Band Protocol had an incredible few month rally. The asset shot up to set a new all-time high, rising several hundred percent along the way. But after such a powerful and rapid rise, an elastic band effect could send the superstar altcoin snapping back toward a lower low, now that a lower high as been set on daily timeframes. Band Protocol Readies Reversal According To TD Sequential, Lower High May Mark Top For as hot…

For DeFi to Grow, CeFi Must Embrace It

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William Mougayar is the author of “The Business Blockchain,” producer of the Token Summit and a venture investor and adviser. DeFi has grown to a point where its mindshare now far exceeds its relatively small crypto market share. It has benefited from a catchy name, and continues to spawn catchy words like “sushi.” DeFi sounds better than what it is:  “automated algorithmic financial products with no central human intermediaries and plenty of decentralized computer-based protocols as the intermediaries.”  That said, no matter how you cut it, DeFi’s market share numbers are…