Month: May 2022

Coinbase launches new crypto think tank to help shape policies

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Cryptocurrency exchange Coinbase has created a “crypto native think tank” in an attempt to help shape the global conversation around policies for digital assets. The newly formed Coinbase Institute will also publish research on crypto and Web3. Coinbase tapped its Director of Policy Hermine Wong to head the institute. She previously served in the Division of Economic and Risk Analysis at the United States Securities and Exchange Commission (SEC) and before that worked at the Department of State. The related Coinbase Institute Advisory Board has also been formed and will…

Ropsten testnet Merge set for June 8

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The Ethereum ecosystem is set for a “huge testing milestone” with the Ropsten testnet Merge set to be conducted on June 8. According to the Merge testnets page on Github, Ethereum DevOps engineer Parathi Jayanathi submitted a pull request for the Ropsten testnet Merge configuration code on Monday, suggesting the implementation is ready to go. Ropsten is one of several testnets created by the Ethereum Foundation in 2017 and which is currently maintained by the Geth developer team. This specific testnet is seen as the best replication of the Ethereum…

Jamiroquai to Bring ‘Virtual Insanity’ to The Sandbox Blockchain Metaverse – Metaverse Bitcoin News

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On Wednesday, the acid jazz-funk band Jamiroquai revealed it has partnered with the blockchain-based virtual world platform The Sandbox in order to “get funky in the metaverse.” According to the announcement, Jamiroquai plans to bring virtual insanity to the band’s virtual land located in The Sandbox metaverse. Acid Jazz-Funk Band Jamiroquai Joins the Sandbox Virtual World Another popular music act is joining the virtual world The Sandbox, as the subsidiary of Animoca Brands announced on Wednesday that Jamiroquai is now a project partner. Jamiroquai is an award-winning band that plays…

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Crypto jobs market holding up despite tech industry cutbacks

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The crypto job market shows few signs of slowing down despite high profile cases of staff layoffs and hiring freezes across big tech companies.  In recent weeks, several major tech companies have announced a paring back of staff, citing a downturn in the traditional market and narrowing demand for products that had boomed during the pandemic. Recently announced hiring cuts include Twitter, Uber, Amazon and Robinhood. On Tuesday, movie streaming service Netflix terminated the roles of 150 mostly U.S.-based employees, amidst a slowdown in revenue growth. Earlier this month, Facebook…

Goldman CEO “Big Believer” in Blockchain

While the digital currency ecosystem has persisted to revolve in its bearish cycle, a number of financial industry veterans have continued to validate the technology backing the cryptocurrencies. One of the latest of these experts is David Solomon, the Chief Executive Officer of Goldman Sachs, who has been vocal about his belief in the technology that underpins cryptocurrencies. Speaking to CNBC’s Squawk Box host Andrew Ross Sorkin, Solomon said he has a lot of interest in any technology – be it blockchain or any other yet to be developed that…

Bank of England’s Cunliffe Warns Crypto Will See Tough Times as Federal Reserve Tightens Financial Conditions – Regulation Bitcoin News

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Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, has warned of hard times ahead for cryptocurrency investors as the Federal Reserve and other central banks tighten monetary policy. Bank of England’s Executive Warns About Crypto Sir Jon Cunliffe, deputy governor for financial stability at the Bank of England (BOE), had a warning for crypto investors at a Wall Street Journal conference Tuesday, Reuters reported. The Bank of England executive cautioned that crypto investors should expect more difficult times ahead. He explained that as the Federal Reserve and…

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Novogratz says LUNA tattoo is a constant reminder investing ‘requires humility’

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Mike Novogratz, the billionaire founder of crypto asset management firm Galaxy Digital, has told his followers that his LUNA-inspired tattoo will serve as a reminder to remain humble in the world of venture capital investing.  Following the fallout of the recent LUNA / UST meltdown, Novogratz penned an open letter on Wednesday, telling his followers that: ​​“My tattoo will be a constant reminder that venture investing requires humility.” It was on Jan. 5 tha Novogratz first showed off his wolf-themed tattoo to his 461,000 Twitter followers in an enthusiastic demonstration…