Month: May 2022

Senator’s Financial Freedom Act would ensure Bitcoin can be in your 401(k)

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Republican Senator Tommy Tuberville from Alabama has unveiled a new bill he calls the Financial Freedom Act to allow Americans to add cryptocurrency to their 401(k) retirement savings plan unencumbered by regulatory guidance. The new bill is Tuberville’s response to the Department of Labor’s (DOL) push to potentially keep crypto out of 401(k) investment plans due to its perceived potential for risk to investors. As reported by Cointelegraph, the DOL said employees who choose to invest in crypto through their 401(k) could attract legal attention. In an op-ed for CNBC…

Bitcoin 2022 Conference – Mining Stage – General Admission Day 1

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin 2022 Conference – Mining Stage – Mining Stage This content is supported by Bitdeer Group. The World’s Leading Crypto Mining Platform – 0:00:00 – Intro panel 0:47:16 – Bitcoin Governance: Users, Devs, and Miners 2:27:15 – Geopolitical Risks of Mining 3:12:13 – How to Further Decentralize the Hashrate 3:57:13 – Innovations in the Mine 4:42:11 – Stratum V2 Deep Dive #Bitcoin #Bitcoin2022 #Mining Use promocode FOMO for 10% off everything in our store! ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io…

Bitcoin Price Breakdown Looks Real, Why BTC Could Dive Below $35K

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Bitcoin started a strong decline from the $40,000 resistance against the US Dollar. BTC broke the key $37,500 support to move into a bearish zone. Bitcoin started a strong decline below the $37,500 and $36,500 levels. The price is now trading below $37,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $39,250 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair might accelerate further lower below the $35,000 support zone in the near…

Hop Protocol reveals details of Hop DAO and Optimism-style airdrop

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Hop Protocol, a cross-chain bridge designed to facilitate the quick transfer of tokens between different Ethereum Layer-2 scaling solutions, has unveiled a new governance model alongside an airdrop that will see early users receive 8% of the total supply of soon-to-be-released HOP tokens. Similar to Optimism, which recently unveiled a new governance structure that will see early users airdropped 5% of the total supply of the OP token — Hop Protocol is aiming to create a community-oriented governance model, called Hop DAO, that seeks to aid Layer-2 scalability. An official…

California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3 – Regulation Bitcoin News

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California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging technology,” said the governor. California’s Governor Issues Executive Order on Blockchain and Crypto The governor of the U.S. state of California, Gavin Newsom, signed an executive order Wednesday to “create a transparent and consistent business environment for companies operating in blockchain, including crypto assets and related financial…

‘Decentralized Twitter’ Bluesky releases code, outlines content moderation

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Twitter’s decentralized social media project Bluesky has released its first batch of code, and also committed to content moderation on the network. Former Twitter CEO Jack Dorsey first announced Bluesky back in late 2019, but the project went independent in February after receiving $13 million worth of funding from Twitter. However, Dorsey is still a member of the board. Bluesky released its “Authenticated Data eXperiment” (ADX) protocol code via a May 5 blog post titled “Working in Public.” The team noted that it will be publicly sharing the process of…

DIAMOND MINING FOR 12 HOURS IN 1.17 MINECRAFT #3

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In This Video , I am Going to Mine Diamonds for 12 HOURS in HARDCORE Minecraft. Watch Till End to Find Out How Much Diamonds Can 12 Hours of Mining Gives You in Minecraft. Follow My Socials- Discord – Instagram – Twitter – Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for “fair use” for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might…

Court orders BitMEX founders to pay $30M civil penalty

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The U.S. District Court for the Southern District of New York has ordered a total of $30 million civil monetary penalties from the three co-founders of BitMEX crypto derivatives exchange, including former CEO Arthur Hayes. Hayes, Benjamin Delo, and Samuel Reed were each fined $10 million in consent payments according to a statement from the Commodity Futures Trading Commission (CFTC) at the conclusion of a court battle on May 5 in which the CFTC said they violated aspects of the Commodity Exchange Act and CFTC regulations from November 2014 to…

Tumbleweeds blow through Coinbase NFT on its first day: Just $75K in volume

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Coinbase, one of the largest crypto exchanges by volume, opened its beta non-fungible token (NFT) marketplace to the public on May 4 with on-chain data showing a maximum of 150 total transactions on the day and $75,000 in USD volume. The transactions captured by Dune Analytics show the total amount which took place through the 0x Protocol, the infrastructure behind Coinbase’s marketplace. Whilst not all transactions are guaranteed to be from Coinbase, since 0x announced its support for NFTs in January it has yet to announce any other partners apart…