Month: February 2023

Bitcoin retirement plans elicit caution from regulators

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Even as the crypto market continues to forge an impressive recovery from the 2022 bear market, the industry continues to attract the wrath of regulators worldwide, especially in the United States. Three U.S. financial watchdogs recently issued stern warnings to individuals looking to invest in retirement funds offering exposure to digital assets. The U.S. Securities and Exchange Commission’s (SEC) Office of Investor Education and Advocacy, the North American Securities Administrators Association and the Financial Industry Regulatory Authority (FINRA) warned investors that individual retirement accounts (IRAs) that include cryptocurrencies could potentially…

Ethereum Price Prediction – Have You Missed Your Chance?

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Ukraine-based blockchain firm reports company ‘stronger’ one year into war

Sergey Vasylchuk, the chief executive officer of staking provider Everstake, said the company is continuing to move forward despite the continuing military conflict between Ukraine and Russia. Exactly one year ago today — Feb. 24, 2022 — Russian military forces invaded many areas of Ukraine in what has become one of the biggest conflicts in modern Europe since World War II. In the last twelve months, more than 8,000 civilians have died, many Ukrainian cities have been shelled with at least one almost leveled, and the country continues to be…

How to Use a DAO to Build a Web3 Community

Similarly, DAO communities can also be said to scale horizontally as its membership grows. The larger the community, the more decentralized its decision making. In a sense, this natural state of growth means DAO members have the responsibility to market the DAO and grow its membership. At scale, this is a powerful force leading to even faster ecosystem growth. Source BuildCommunityDAOWeb3 CryptoX Portal

Electronic Arts Founder Trip Hawkins Joins Web3 Gaming Startup

“I’m excited to begin my journey with Games for a living, leveraging new and emerging technologies to enhance performance and create exciting, immersive experiences for gamers,” Hawkins said in a press release. Hawkins added that he expects blockchains to be used more by content creators and that the company plans “to do it in a way that helps enhance game performance and value for players while keeping things fun.” Source

Global Crypto Regulation Progresses Whilst US Remain Stringent – Blockchain News, Opinion, TV and Jobs

By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK). As Bitcoin consolidates around $24,000, there have been progressive advancements with crypto regulation globally. Firstly, global payments giant Ingenico, who has 40 million terminals in 37 countries, now accepts crypto payments in France as it integrates a digital asset platform. Furthermore, private Bitcoin wallets will not be banned by the EU’s new anti-money laundering bill, so people will be allowed to legally participate in self-custody in the EU – a big win for crypto enthusiasts and digital asset platforms…

Cointelegraph 2023 Top 100 finale: First place goes to…

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Who takes the cake as the prime mover of the crypto and blockchain sector for 2023? The answer is more of a “what” than a “who.” Good Ol‘ Bitcoin, the industry’s pioneer cryptocurrency, sits atop the list as the most impactful player in the space on the Cointelegraph Top 100.  Bitcoin (BTC) was created following the 2008 global financial crisis with the goal of doing things differently — in a decentralized fashion requiring less trust than traditional finance. But the cycle has made a full circle, and global financial trouble…

ECB Says Digital Euro Should Focus on Online Payments First & Onboard Other DeFi Functionality Later

Although yet to decide on a digital euro, the ECB already believes the CBDC should prioritize online payments and peer-to-peer transactions. According to the European Central Bank (ECB), the upcoming digital euro should prioritize online and peer-to-peer payments. In a recent online publication, the Eurosystem banking entity explained that other possible uses of the digital euro should play second fiddle to efficient support for online transactions. Secondary roles of the central bank digital currency (CBDC) may include tax payments, welfare payment receipts, and transactional payments. Titled the “Rollout Approach for the…

Crypto and blockchain education becomes priority at top universities

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In a world where cryptocurrencies and blockchain technology make direct peer-to-peer transactions possible and transcend traditional financial norms, more people want to learn about them to keep up with the times. Universities worldwide are beginning to offer cryptocurrency-related courses to cater to this new paradigm. Due to rising demand, many of the world’s top universities offer crypto-related courses. There’s been a lot of hype regarding cryptocurrencies — mainly due to their disruptive potential — and the rise of crypto education has strongly coincided with this. According to a 2022 survey…