The price of bitcoin fell about 1.5% to $27,250 following the news. Original
Tesla Sold $936M Worth of Bitcoin in Second Quarter
Day: July 20, 2022
Tech trade group calls for regulatory clarity, claiming crypto job losses threaten US interests
The tech trade group Chamber of Progress called on members of the United States Senate and House of Representatives for regulatory clarity in the crypto space in an effort to prevent firms from leaving the country. In a Wednesday letter addressed to eight committee chairs in the House and Senate, Chamber of Progress financial policy director Janay Eyo urged Congress to consider moving forward on “substantive legislation to ensure the future of our nation’s crypto industry,” citing concerns about jobs and the country’s position as a leader in global finance.…
Minecraft Bans NFTs, Sending One In-Game Builder’s Token Spiraling
“To ensure that Minecraft players have a safe and inclusive experience, blockchain technologies are not permitted to be integrated inside our client and server applications, nor may Minecraft in-game content such as worlds, skins, persona items, or other mods, be utilized by blockchain technology to create a scarce digital asset,” Minecraft studio Mojang said in a statement. Source
UK financial markets bill authorizes regulation of stablecoins, service providers
The Financial Services and Markets Bill was introduced into the UK Parliament on July 20. The comprehensive bill, which was meant to preserve the UK’s leading place in the financial world post-Brexit, repealed retained EU laws, reformed certain insurance laws, supported victims of financial fraud and established new growth and competitiveness objectives. The bill also regulated stablecoins. The presence of stablecoin regulation in the bill was confirmed the evening before in the programmatic speech delivered by Chancellor of the Exchequer Nadhim Zahawi. Although stablecoin regulation was intended to be part…
Nominate Your School for the 2022 Best Universities for Blockchain
Against this backdrop, CoinDesk is kicking off its third annual Best Universities for Blockchain ranking. We are seeking nominations for any university with blockchain courses, faculty, clubs, conferences or research. How much has the growing interest in cryptocurrencies and non-fungible tokens entered the college campus? CoinDesk has been tracking university blockchain activity since 2020. We will be scoring schools worldwide for their scholarly impact, campus blockchain offerings, employment and industry outcomes and other measures. Source
Nominate Your School for the 2022 Top Universities for Blockchain
Against this backdrop, CoinDesk is kicking off its third annual Top Universities for Blockchain ranking. We are seeking nominations for any university with blockchain courses, faculty, clubs, conferences or research. How much has the growing interest in cryptocurrencies and non-fungible tokens entered the college campus? CoinDesk has been tracking university blockchain activity since 2020. We will be scoring schools worldwide for their scholarly impact, campus blockchain offerings, employment and industry outcomes and other measures. Source link
Bullish Rally Sees It Climb to Sixth Spot by Market Cap
On CoinMarketCap, XRP has risen to sixth place as of today, July 20, with a market value of $17.63 billion. Being able to exceed not just Binance USD but also Cardano and Solana is a noteworthy accomplishment for Ripple’s native currency. Ripple’s native token, XRP, provides a means of payment settlement between banks and digital assets exchanges. It decreases the number of extra steps needed when transferring money internationally, which leads to lower fees. Related Reading | Solana And Avalanche Poised For Gains As Crypto Market Enjoys New Tailwinds However, by breaking…
Short Positions Over $165 Million Get Liquidated Following The Bitcoin And Ethereum Uptrend
No one can say that the crypto winter is over yet, But the good news is that Bitcoin and ETH seem to have gained significant momentum in the past 24 hours. This greenish price movement has caused many investors to liquidate their short positions. Another good news is that the global crypto market cap that plummeted recently has gained $150 Billion. Now it is more than 1 Trillion. Ethereum Price Gains As Bitcoin Surges As per available data on CoinMarketCap, BTC price at the time of writing is on the…
US ‘Missing From the Table’ on CBDC Discussions: Atlantic Council Director
Lipsky, who previously served as an adviser at the International Monetary Fund (IMF), said those investigating the use of a CBDC includes South Korea, Japan and India, in addition to China, which currently leads the way in pilot testing efforts. China is said to have about 250 million registered digital wallets using its digital yuan. Source
Consensys to Tokenize Smart Contract and Blockchain Audits via TURN Token Launch – Altcoins Bitcoin News
The Ethereum-centric and decentralized protocols software firm Consensys has announced the launch of TURN token, or “Time-Unit Representative NFTs.” Consensys details that TURN tokens will create a new market for tokenized security auditing via Consensys Diligence, the firm’s smart contract audit service. Consensys Diligence to Launch TURN Tokens in Mid-August From August 15th to the 19th, Consensys disclosed a token sale will take place that will feature the company’s TURN token, which stands for “Time-Unit Representative NFTs.” The company’s smart contract audit service Consensys Diligence essentially will be tokenized and…