Day: June 10, 2022

Will Smith has a Cryptocurrency Coin Will Smith Inu! Don't Buy. Site is hacked

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Armstrong tweets in public airing of Coinbase’s internal discontent

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A disgruntled Coinbase employee, identified only as 0x58E3, created a petition on Mirror.xyz on Thursday calling for the removal of three company executives. The petition, titled Operation Revive COIN, has been taken down, but it was captured by the Internet Archive and other websites. Coinbase CEO Brian Armstrong responded to it at length on Twitter.  Coinbase chief operating officer Emilie Choi, chief product officer Surojit Chatterjee and chief people officer LJ Brock were the targets of the call for removal for “executing plans and ideas that have led to questionable…

Here’s how blockchains are helping to advance the global energy grid

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The blockchain industry’s impact on the energy sector has been a major source of controversy over the past five years. Governments and environmental protection advocates have routinely expressed concerns about the amount of energy required to keep the Bitcoin network secure. Data shows the network’s energy consumption now rivals the yearly energy consumed by some small countries. Historical Bitcoin network power demand. Source: CCAF While much of the debate has centered around the negative environmental impacts of Bitcoin (BTC) mining, the drive to maximize earnings from mining and integrate blockchain…

Luxury Fashion Retailer Farfetch to Accept Crypto Assets for Payments – Bitcoin News

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The British-Portuguese luxury fashion retailer Farfetch said it will accept crypto assets soon thanks to a partnership with the German crypto platform Lunu. Farfetch will accept seven different crypto assets including bitcoin, ethereum, and binance coin, and the feature will be rolled out to select clients and then expanded to the general public. Luxury House Farfetch Partners With Lunu and Plans to Accept 7 Different Crypto Assets for Payments Luxury and high-end fashion houses are dipping their toes into the world of digital currencies and blockchain concepts like non-fungible tokens…

Stablecoins are paving the way for mass adoption of crypto, June 2–8

Stablecoins are a controversial subject in crypto. Questioning the legitimacy and backing of Tether (USDT) is a right of passage for many entering the crypto market for the first time. The meltdown of the Terra (LUNC; or the old LUNA) ecosystem left little doubt that algorithmic stablecoins don’t have a future beyond Do Kwon’s fantasies. Pesky regulators are constantly poking and prodding at dollar-pegged assets to carve out firmer rules on their usage.  But, if you look beyond all the fear, uncertainty and doubt, stablecoins are providing liquidity to millions…

Mike Novogratz Predicts Next Crypto Cycle Begins in October

As for how Galaxy Digital (GLXY) and others might navigate the next bull market, Novogratz says to “fight the impulse to be so greedy.” Those who got into Luna early enough had an easy 300X return, he said, and that’s just not reality in the markets. “When ecosystems go real fast, there’s a reason for it. Know what you are investing in. You don’t get 18% for free.” Source

TURNING POINT FOR BITCOIN (important)!! Bitcoin News Today, Bitcoin Price Prediction after BTC Crash

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