Filecoin’s critics point to the challenges of decentralized storage to say that “NFTs are no more permanent than any other part of the web.” But this oversimplifies the project, by insisting data be “permanent.” Of course, nothing is truly “permanent”; every system comes with its own set of tail risks and disclaimers. If we truly want to protect against even the 0.01% chance that any single system fails, we want to take a more comprehensive, layered approach. Source
Day: February 15, 2022
Animoca Brands and Venture Accelerator Brinc Launch $30 Million Play-to-Earn Guild Fund – Bitcoin News
The blockchain firm Animoca Brands announced the company has partnered with the venture accelerator Brinc in order to launch a play-to-earn (P2E) Guild Accelerator Program. Both firms plan to dedicate $30 million over the next two years toward early-stage startups focused on expanding the global P2E ecosystem. Animoca Brands and Brinc Launch P2E Fund for Early-Stage Startups On February 14, the blockchain firm Animoca Brands revealed it has partnered with the venture accelerator firm Brinc. The two companies have launched a new fund dedicated to the play-to-earn (P2E) ecosystem by…
ConocoPhillips Selling Excess Gas to a Bitcoin Miner in North Dakota
So-called flaring, where excess natural gas is burned off into the atmosphere as part of oil drilling operations, has become standard industry practice because of the lack of transportation infrastructure. Aiming for the win-win of running their rigs while slashing carbon emissions from flaring, bitcoin miners, including Crusoe Energy and JAI Energy, are setting up shop next to drillers to capture that power. However, it’s not known if either of these companies are involved with this ConocoPhillips project. Original
La Météo Bitcoin FR – Mercredi 9 février 2022 – Analyse Crypto Fanta
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Protego Trust Beefs Up Board by Adding Brian Brooks and Michael Carpenter
The new appointments deepen the digital bank’s expertise in digital assets, regulatory compliance and bank operations as it hopes to become a federally chartered national bank. Source
Humans Are the Last-Mile Problem of Bitcoin Crowdfunding for Canada Truck Protest
On Monday, after Canadian Prime Minister Justin Trudeau enacted the never-used “Emergencies Act,” Deputy Prime Minister Chrystia Freeland said banks are allowed to freeze accounts related to the protestors without a court order and will be shielded from lawsuits for acting “in good faith.” Canada’s Toronto-Dominion Bank had already started freezing accounts, reportedly. Original
Bitcoin Rose About 3% Tuesday on Russia/Ukraine Optimism
Bitcoin Rose About 3% Tuesday on Russia/Ukraine Optimism Source
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Here’s why the SEC keeps rejecting spot Bitcoin ETF applications
It is not the first time the U.S. Securities and Exchange Commission (SEC) rejected proposals for a Bitcoin spot exchange traded product (ETP), but efforts continue to be made by different financial institutions. The recent attempt made by Cboe BZX Exchange on Jan. 25 to list the Fidelity Wise Origin Bitcoin Trust as a Bitcoin ETP has also failed. The SEC letter published on Feb. 8 pointed out that the exchange has not met its burden to demonstrate the fund is “designed to prevent fraudulent and manipulative acts” and “to…
Cryptocurrencies Rebound After The Super Bowl
The top ten cryptos were all up yesterday after some crypto companies advertised during the pro football championship game. Yesterday’s market volatility continued with the SPX500 and DJ30 falling 0.29% and 0.44%, respectively, as well as NASDAQ100, rising marginally by 0.25%. Investors were again unnerved by geopolitical tensions throughout Europe to bring about a sell-off in their stocks on Friday evening; however, they seemed calmer today. Related Reading | Bitcoin Price: Research Group Sees Crypto Hitting $200,000 The UK100 fell 1.75% yesterday as broader market fears over the geopolitical situation…