Adams stressed that blockchain technology can help combat income inequality and serve as a tool for giving incentives to residents. He said governments can use blockchain technology to send food stamps directly to digital wallets, put public records on the blockchain, or give out a dollar-to-dollar reimbursement for such products as healthy baby food. Source link
The Information Commissioner’s Office (ICO) today announced fines totalling £405,000 to five companies responsible for over 750,000 unwanted marketing calls targeted at older, vulnerable people. The ICO also issued these companies with enforcement notices that require them to immediately stop making these predatory calls. After receiving complaints from the public and information from partner organisations, including Action Fraud, Trading Standards, the consumer group Which? and the call blocker provider trueCall, the ICO began investigating a number of companies that were calling people to sell insurance products or services for white…
The Ukrainian government has launched an official cryptocurrency donation website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight against Russia. The donation platform is a collaboration between the Ministry of Digital Transformation of Ukraine, Everstake, and cryptocurrency exchange FTX. Government’s Crypto Donation Website Now Live The Ministry of Digital Transformation of Ukraine announced Monday that it has launched the official “Aid For Ukraine” website to raise funds in support of the Ukrainian armed forces and humanitarian aid programs in the fight…
The funding round was co-led by Animoca Brands and Liberty City Ventures. Source
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On Tuesday, Crypto.com, one of the fastest-growing cryptocurrency and financial services platforms, announced that it began the initial phase of its platform’s launch in the United States. Q4 2021 volumes have gone up or down and how much? According to the firm, the exchange is now available for waitlisted users with a progressive rollout over the coming months. At the same time, Crypto.com invited institutional investors based in the US to join the waitlist. “We are excited to be expanding our offering for professional traders to the US. Crypto.com Exchange …
Cardano founder Charles Hoskinson has shown interest in helping bring back the woolly mammoth by participating in an investment round that was just concluded. Hoskinson who was co-founder of Ethereum and later founded his own blockchain Cardano was one of the multiple investors that participated in an investment round in Colossal, to help them bring the extinct species back to life. Colossal Raises $60 Million Colossal is a biotech firm founded by George Church, a professor at the Harvard Medical School, in 2021. Church has been dedicated to bringing this…
Peter Schiff is one of the most vocal bitcoin detractors known to investors. The economist has never been one to hide his disdain for the digital asset and continues to bash it at every chance he gets. This time around, Schiff who has always touted the superiority of other investment forms such as stocks above bitcoin has revealed what he thinks will cause the digital asset to rally upwards again. Bitcoin Needs The Nasdaq As always, Peter Schiff continues to push the usefulness of other assets like stocks over that…
President Biden announced his executive order last week. It’s light on practical effects but the symbolism may be the point. Source
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