Author: NBTC
The Evolution of Crypto Regulation: Insights from Joey Garcia of Xapo Bank In a recent interview, Joey Garcia, Director and Head of Regulatory Affairs and Public Relations at Bitcoin-focused Xapo Bank, shared his journey and insights into the evolution of digital assets regulation. Joined by CryptoSlate Senior Analyst James Van Straten, Garcia provided a detailed account of the challenges and milestones in shaping regulatory frameworks for digital assets. The Early Days of Crypto Regulation Joey Garcia’s journey with Xapo Bank began in 2014 when he met Wences Casares, a renowned figure in the digital assets space. Casares approached Garcia with…
Kamala Harris’s potential choice of anti-crypto Gary Peters as running mate could negatively impact Bitcoin and the broader cryptocurrency market. The crypto community is urged to be vigilant and spread awareness about Peters’ anti-Bitcoin stance to influence informed voting decisions. Organized labor is quietly urging Vice President Kamala Harris to consider Sen. Gary Peters (D-Mich.) as her running mate, according to information obtained by Axios. This is an issue because Michigan is a crucial battleground state for Democrats, and strong union support could make Peters a strategic choice for Harris. Blockchain researcher Collin Brown shared an important warning with the…
Charles Hoskinson, the Cardano founder, hints at the possible launch date of the 90’s FPS game Doom on Cardano’s Hydra scaling solution. Notably, he revealed this in a post on X today, suggesting proponents could get a chance to play the game at the upcoming Rare Evo conference in Las Vegas, Nevada. For the uninitiated, the Rare Evo blockchain conference is slated to occur between August 15 to 17, with Hoskinson featured as one of the speakers. In his recent disclosure, the Cardano founder shared a link to the game, which appeared to be an extension of the official Hydra.family…
The Ton ecosystem has announced its partnership with Crust Network. By increasing the capabilities of decentralized storage and providing a better user experience, this integration marks a key milestone for both the Crust Network and the Ton ecosystem. 🤝 @CrustNetwork x #TON 💎 https://t.co/UH7KrcGt4e — TON 💎 (@ton_blockchain) July 31, 2024 Crust Network is a purpose-built layer one blockchain providing composable cloud storage solutions for all ecosystems’ developers, builders, and end-users. It includes application layer storage interfaces and supports IPFS and other storage layer protocols. Decentralized computing can be supported by Crust’s technology stack. More About this Partnership Initially developed…
In a recent post on the X social media platform, legendary trader John Bollinger predicted that Bitcoin, the leading cryptocurrency, would keep consolidating within its current range. Bollinger noted that the flagship coin failed to pull off a price bounce after its two-bar reversal at the lower Bollinger Band. On June 25, the creator of one of the most popular trading tools said that the “lovely” two-bar reversal was supposed to be sufficient for a price jump. The chartist suggested that the cryptocurrency could potentially test the highs. However, this wasn’t the case. Back in 2021, Bollinger said that the…
Today, July 30, marks nine years since the main network of Ethereum (ETH) was launched. Many enthusiasts celebrate this day as the birthday of one of the biggest blockchains. Nine years later, Ethereum is the biggest altcoin on the market and second biggest cryptocurrency after Bitcoin. As things stand, market capitalization of ETH, the network’s native currency, totals $401 million. The total value locked in the blockchain nears $60 billion. Thus, on this exact day in 2015, the former COO of the Ethereum Foundation, Stephan Tual, shared a post on a blog making the network rollout official. In his post,…
Hardcore Bitcoin supporter and Bitcoin advisor to El Salvador president Max Keiser has made a stunning statement about MicroStrategy – the business intelligence company founded and spearheaded by Michael Saylor. He stated that the potential for MicroStrategy’s stock price growth is basically limitless. Keiser’s mega-bullish MSTR prediction Max Keiser believes that many financiers who have been in the profession for many decades still fail to understand the successful strategy employed by MicroStrategy and why its stock price is skyrocketing. He also believes that MicroStrategy’s stock “literally has no top.” There are still people who are financiers for decades who STILL…
The U.S. Securities and Exchange Commission (SEC) and Department of Justice charged the founder of crypto social media platform BitClout with wire fraud and the sale of unregistered securities. According to court documents, Nader Al-Naji – known pseudonymously as “Diamondhands” – raised approximately $257 million from the sale of BitClout’s native token, BTCLT. Al-Naji led investors to believe that the money would be used to pay him and other BitClout employees, but instead spent “more than $7 million of investor funds on personal expenditures” including renting a mansion in Beverly Hills and giving family members “extravagant cash gifts,” an SEC…
Trading and investing platform eToro announced today (Wednesday) the launch of staking services for Solana (SOL) and Ethereum (ETH). This addition allows users to earn rewards by participating in staking activities. Previously, eToro offered staking for Cardano (ADA) and Tron (TRX). Now, Solana and Ethereum are also included. To qualify for staking rewards, users must be in a country where staking is allowed and must have held an open position in the staked cryptocurrency for a specific period, known as ‘intro days’. Positions held via CFDs, CopyTrader, Smart Portfolios, or short positions are not eligible. eToro will retain a portion…
An Airbnb owner has been forced to implement a new ‘no crypto mining policy’ after a tenant installed 10 mining rigs that racked up a $1,500 electricity bill in just three weeks. Ashley, who runs a TikTok channel about her Airbnb experience, said her guest brought the computers to mine crypto at her property and also installed an electric vehicle charging point. “It was cheaper for them to rent a house to pay for that electricity,” she said. The guest was apparently honest about his crypto mining and told Ashley that he made over $100,000 during his stay. She’s not…