During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins minted in the early days were sent with little concern for privacy, and were worth more than $4 million at the time of transfer. Blockchain Parsers Catch 2 Block Rewards From 2010 Move 100 Bitcoin…
Day: February 18, 2022
$53 million raised for Assange showed the power of DAOs
“DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which recently raised $53 million in support of Wikileak’s founder, Julian Assange. According to Noa, the fundraising campaign was “a huge success” that showed how the power of a DAO can have an impact on political and social issues. The DAO mechanism allowed anyone willing to support Assange’s to make a donation in ETH and become a member of the organization. In exchange, AssangeDAO members…
Bashoswap Building a Cardano-Powered Decentralized Exchange
February 18, 2022 – Kaunas, Lithuania Bashoswap – a decentralized exchange (DEX) on Cardano network that aims to facilitate swaps between ADA and other crypto assets built on Cardano. It was founded in late 2021 by a group of blockchain experts with years of experience in the tradfi and stock exchange markets, with a mission to develop a fully-featured DeFi product that will be of huge benefit to the Cardano ecosystem – as it will take an entirely new approach to fund the project. When launched, users could swap their Cardano tokens…
Wyoming lawmakers introduce legislation for state-issued stablecoin
Four members of the Wyoming Legislature have sponsored a bill that would allow the state treasurer to issue a stablecoin. On Thursday, Wyoming state Senators Chris Rothfuss and Tara Nethercott with House Representatives Jared Olsen and Mike Yin introduced Senate File SF0106, titled the “Wyoming Stable Token Act.” If signed into law, the bill would authorize the treasurer to issue a U.S. dollar-pegged stablecoin redeemable for fiat held in an account by the state. The state treasurer — Curtis Meier at the time of publication — would consult with the…
Crypto-Powered Wireless Network Helium Raises $200M at $1.2B Valuation: Report
Tiger Global and FTX Ventures were among the new investors in the company, Axios reported. Source
Skyweaver Is a Great Blockchain Game, and an OK Regular Game
Despite the odds stacked against it, Skyweaver, the latest play-to-earn NFT gaming phenomenon, might reach an audience beyond crypto. The actual iPhone app runs smoothly. The onboarding process takes you straight to the action, though the tutorial was perhaps a few beats too long. The art is reminiscent of an aged-up Superman: The Animated Series, and looks really good. Most importantly, the game is fun. Source link
State Lawmakers in Illinois, Georgia Propose Tax Incentives for Bitcoin Miners
But to qualify for the Illinois tax incentive, existing and new enterprises looking to make use of the incentive must first make an investment of no less than $250 million in the state and create at least 20 full-time jobs. Within two years of qualifying, enterprises must also certify they are carbon neutral, according to the proposed bill. Original
Signals Suggest That Ethereum Might Make A Break Above $3,085
Ethereum has been on another decline along with the market. After struggling to cross $3,100, the digital asset had taken another beating down that saw it crash below $3,000 once again. However, this does not signal more downtrends. In fact, indicators point to the coming upside from Ethereum despite the recent trend, one that would see it test another important resistance point. Ethereum Crossing $3,000? It is no secret that Ethereum has largely fluctuated around $3,000. This price mark is important to the asset, hence the reason why bulls continue…
Ethereum System Skale Launches $100M Ecosystem Fund
Skale’s first $5 million in grants will be awarded to projects focused on the rapidly-growing blockchain gaming sector, including play-to-earn (P2E) games and the metaverse. For the kickoff program, Skale is partnering with Network of Decentralized Economics (NODE), a Liechtenstein-based foundation. Source
Floki Inu Bark Attracts BSC And Ethereum Whales
Dog-themed meme currency Floki Inu, named after Elon Musk’s Shiba Inu dog, is attracting Ethereum and Binance Smart Chain whales after receiving speculative market interest on Friday. On social media, Shiba and Floki followers engage in a heated debate over an ad for their respective dog-themed cryptocurrency. This may have been good news to FLOKI as Ethereum and BSC whales began to show interest in the cryptocurrency. According to data aggregator portal WhaleStats, FLOKI is currently among the top 10 tokens acquired in the last 24 hours by 1,000 of the…