Day: January 25, 2023

How Crypto Regulation Could Stimulate Regenerative Finance (ReFi) Adoption

The carbon-offset industry, which has exceeded $270 billion annually, is increasingly coming under scrutiny due to the perception that a lot of it leads to greenwashing, and that many offsets are generated and retired with insufficient transparency. Dozens, if not hundreds, of ReFi projects have been born in the past few years designed to leverage crypto rails to solve the coordination and transparency problems among the different stakeholders such as project developers, investors and demand partners such as corporations, governments and end users of voluntary offsets. Original Source adoptionCryptoFinanceReFiregenerativeRegulationStimulate CryptoX…

Doodles Releases Eagerly Awaited New NFT Project Doodles 2 on Flow

“We’ve productized the community’s desire to customize their Doodles so that it matches their IRL vibe exactly,” said Doodles head of product and co-founder Jordan Castro. “Tech aside, Doodles 2 is the passport that’s used in all of our products – experiences, games, apps, music, animation releases, to bring further personalization, customization and rewards to our fans.” Source

Bitcoin due shake-up vs. gold, stocks as BTC price dips under $22.5K

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Bitcoin (BTC) saw weakness at the Jan. 25 Wall Street open as United States equities fell in step.  BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price faces stiff resistance Data from Cointelegraph Markets Pro and TradingView showed BTC/USD heading below $22,500 after failing to crack resistance near five-month highs. U.S. stocks saw a weak start to the session, the S&P 500 and Nasdaq Composite Index down 1.1% and 1.6%, respectively at the time of writing. Bitcoin bulls had themselves faced trouble attempting to push into an area of liquidity…

‘Human B’ shows a personal journey with Bitcoin

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The human side of Bitcoin (BTC) is seldom explored in legacy or mainstream crypto media outlets. Even within the Bitcoin space, Bitcoin is “number goes up” technology, while catchphrases like “Bitcoin to the moon” and “have fun staying poor” rattle around like coins in a jar.  Bitcoin documentaries tend to sensationalize Bitcoin as a panacea to the world’s problems instead of offering nuanced portrayals of Bitcoin’s impact on the individuals who form the decentralized movement. Moreover, while the price per Bitcoin has inflated, ballooned and popped over the past five…

Unredacted Financial Documents Show Blockfi’s $1.2 Billion Connection With FTX, Alameda Research  – Bitcoin News

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Unredacted documents mistakenly sent to the bankruptcy court indicate that the now-defunct crypto lender Blockfi had more than $1.2 billion tied up with FTX and Alameda Research. The accidentally revealed documentation shows that Blockfi’s exposure to the bankrupt crypto firm FTX was more than what the company had previously disclosed. Unredacted Documents Reveal Blockfi’s $1.2 Billion Exposure to FTX, Alameda Research It seems that Blockfi had a lot more money tied up with FTX and Alameda Research than what was originally suggested by the firm. A CNBC report indicates that…

Boeing Q4 2022 Results Reveal Quarterly Loss Brought About by Labor & Supply Headwinds

Despite seeing a surge in product demand for Q4 2022, Boeing sustained a gigantic $663 million loss due to macroeconomic constraints.  Boeing (NYSE: BA) recently posted its Q4 2022 financial report, which showed a losing effort characterized by labor and supply strains. The American aeronautics manufacturing giant posted a loss of $663 million in the fourth quarter amid supply chain constraints. These unsavory operational elements overshadowed the increased revenue the company realized from higher demand in aircraft sales and deliveries. Nonetheless, Boeing chief executive officer Dave Calhoun optimistically viewed the latest quarterly…

Sen. Hawley Introduces Act to Ban Lawmakers from Trading Stocks

The bill was supported by some representatives of both the Republican and Democratic parties. A new bill has been submitted by Senator Josh Hawley, this bill is expected to refrain members of Congress from trading and possessing stocks, leveraging the name of his legislation to criticize the investment activities of Rep. Nancy Pelosi and her family. Hawley, on Tuesday, introduced the Pelosi Acr, also called the Preventing Elected Leaders from Owning Securities and Investments Act. The act has renewed a legislative boost to diminish stock trading by legislative members that…

Kingdom Of The Netherlands To Adopt TRON As Legal Tender

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On January 24, Justin Sun, TRON Founder, announced that St. Maarten has expressed his wishes to adopt TRON which is alongside TRON’s goals of massive adoption on a global scale. St. Maarten bares plans of adopting TRON TRX price down by 3.31% Price to peak by Q2 of 2023; could potentially shoot to $0.0973 St. Maarten, also spelled Saint Martin, is a country located in the Kingdom of the Netherlands in the Lesser Antilles, northeastern Caribbean Sea. Image: Zipmex Decentralization, The Name Of The Game TRON (TRX) refers to the decentralized open-source blockchain network…

The Most Consequential Congress and Crypto Season Yet – CoinDesk

Season 4 (2023) is shaping up to be the most memorable yet, with drama in both the speaker’s race and crypto policy. The industry is at its lowest point in the show’s history as the damage done by FTX’s collapse continues to reverberate. Relationships are tarnished, skeptics are more emboldened than ever and, in some cases, crypto is seen as politically toxic. Divided control of Congress provides opportunities for the industry, but it will take dedicated negotiations, education and political power to move anything. Fortunately, these are familiar challenges for…