OCC Nominee Omarova Withdraws From Bank Regulator Consideration

“As a strong advocate for consumers and a staunch defender of the safety and soundness of our financial system, Saule would have brought invaluable insight and perspective to our important work on behalf of the American people. But unfortunately, from the very beginning of her nomination, Saule was subjected to inappropriate personal attacks that were far beyond the pale. I am thankful to Chairman Brown for giving her a fair hearing and the opportunity to demonstrate her qualifications,” he said. Source

CIA director says agency currently has ‘a number of different projects’ focused on crypto

Current director of the Central Intelligence Agency William Burns said his predecessor at the government agency initiated projects focused on gathering intelligence on cryptocurrency. Fielding a question on crypto at the Wall Street Journal CEO Council Summit on Monday, Burns said the CIA was looking to add expertise in cryptocurrencies and blockchain to its team of intelligence analysts in addition to communicating with industry experts. He said the challenges from the crypto space “could have enormous impact” on the United States given what he has already seen in ransomware attacks.…

Crypto Market “Etreme Fear” Metric Reaches Multi Month Low

Fear runs deep in the crypto market as major cryptocurrencies re-test critical support levels. On December 3rd, Bitcoin’s price wicked into the lows at $40,000 resulting in a record number of liquidated positions across exchange platforms. Related Reading | Crypto Market Analysis: December 6, 2021 At the time of writing, almost every cryptocurrency, but Bitcoin in the top 10 by market cap seems to show signs of recovery. The benchmark crypto trades at barely north of $50,000 after it was rejected at $51,500 with small losses in the past 24-hours.…

Is the Decentralization in DeFi an ‘Illusion’?

This episode is sponsored by NYDIG. Download this episode Today’s episode of “The Breakdown” is a grab bag of news stories from the past several days. NLW covers: The Bank for International Settlements report “DeFi Risk and the Decentralization Illusion” Regulatory updates from the Biden administration, Japan, the U.K. and India Institutions leading the selling last week OpenSea appears headed for IPO See also: India’s Crypto Bill Proposes ‘Arrest Without Warrant:’ Report “The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research…

Ex-Google CEO Eric Schmidt Joins Oracle Provider Chainlink as Strategic Advisor

Former Google CEO Eric Schmidt has joined Chainlink Labs as a strategic advisor, the blockchain project announced Tuesday. Chainlink develops oracle networks to connect real world data with smart contracts built on blockchains. Using node operators such as Deutshe Telekom’s T-Systems, Swisscom and the Associated Press, Chainlink’s network triggers and secures more than $80 billion in value locked in smart contracts across multiple blockchains in industries such as DeFi, insurance and gaming. “Blockchain networks and Chainlink oracles are at a crucial inflection point in terms of growth and adoption,” said…

Making Blockchain Easy for Everyone – Press release Bitcoin News

press release PRESS RELEASE. The blockchain revolution has captured the attention of millions in the past decade. The advent of cryptocurrencies like bitcoin has redefined the concept of money, while smart contract networks have expanded blockchain applications towards different sectors. While crypto adoption continues to grow, the onus is on the underlying technology to adapt to the new wave of users. Ethereum remains the leading smart contract network, but its problems are well documented. Scalability issues and high gas fees on Ethereum makes it difficult for developers and new projects…

Crypto Fans Rejoice, Gamers Revolt as Ubisoft Announces NFT Plans

Gaming giant Ubisoft is building non-fungible tokens (NFTs) into its latest “Tom Clancy” title, the company announced Tuesday. And some gamers are peeved. On one side of the argument are crypto investors and observers heralding the move as a bellwether of things to come: The integration marks the first time a mainstream video game is adding NFTs to its in-game economy. The ability to own and sell digital goods outside the walled garden of a given title has long been a holy grail for crypto-minded gamers. Probably nothing. https://t.co/yqU9SBvS7G —…

Ubisoft launches Ubisoft Quartz platform for playable and energy-efficient NFTs

French video game publisher Ubisoft announced its first foray into nonfungible tokens (NFTs) via a new platform called Ubisoft Quartz to launch in beta this week with Ghost Recon Breakpoint for PC players on Ubisoft Connect.  Introducing Ubisoft Quartz We’re bringing the first energy efficient NFTs playable in a AAA game to Ghost Recon: Breakpoint! Try it in the beta from December 9 with three free cosmetic drops and learn more here: https://t.co/ysEoYUI4HY pic.twitter.com/owSFE2ALuS — Ubisoft (@Ubisoft) December 7, 2021 Related: Microsoft muscles into the metaverse with Teams updates and…

Exchange listings and mainnet launch boost SUPER, PBR and BTT price

The cryptocurrency market is back in high spirits on Dec. 7 after the wider market bounced back from the Dec. 3 downturn in Bitcoin (BTC) price. Currently, bulls are aiming to send the price of BTC above the $52,000 support/resistance level and Ether (ETH) is trying to reclaim $4,400 but both assets are encountering push back at overhead resistance.  Even with BTC and ETH consolidating, traders’ change of sentiment has been a boon for altcoins and many have seen gains in excess of 50% within the past 24-hours. Top 7 coins with…

I Built a Laptop Bitcoin Mining Farm

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io I Built a Laptop Bitcoin Mining Farm Zero to Making $100k Per Month at 18 I Biaheza Story: My Dropshipping … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version