“We have to continue to be competitive” the mayor said in a keynote interview at a London crypto conference where he suggested scrapping the states’ BitLicensing requirement. New York City Mayor Eric Adams has hit out at his states’ BitLicensing regime, claiming that it stifles innovation and economic growth. In a closing keynote interview at...Continue Reading

Meta’s Reality Labs division posted a $2.9 billion loss in Wednesday’s Q1 earnings call but Zuckerberg remains optimistic about future profitability from the metaverse. Meta Platforms Inc., formerly known as Facebook Inc., posted its Q1 2022 earnings on Wednesday, with its Metaverse-focused Reality Labs division posting increased losses. The Reality Labs division — formerly known...Continue Reading

It turns out the pseudonymous John Dobbertin, who was one of the six participants in the Zcash Ceremony, was Edward Snowden all along. Cybersecurity poster boy and government surveillance whistleblower Edward Snowden has revealed he played a pivotal role in the creation of privacy token Zcash (ZEC). A video from Zcash Media featured an interview...Continue Reading

“Offering yet another transactional mode is exciting, and we are glad to recognize the value this technology brings to our customers,” said DAMAC Properties’ general manager of operations Ali Sajwani Multi-billion dollar Dubai-based real estate developer DAMAC Properties has started accepting Bitcoin (BTC) and Ether (ETH) payments for its luxury abodes. DAMAC Properties was founded...Continue Reading

As the inaugural conference presented by FTX and SALT in underway in the Bahamas, Cointelegraph gathered some key insights. The crypto community headed to Nassau in the Bahamas this week for the inaugural Crypto Bahamas conference. Like most conferences, panels fill up the agenda and on Wednesday the topics at Crypto Bahamas ranged from NFTs...Continue Reading

Notifi Network has integrated with the Solana Realms DAO platform to help increase governance participation rates by expanding notification services. You’ll never have an excuse to miss another governance vote if the decentralized autonomous organization (DAO) calls or texts  to badger you to vote.  The Notifi Network is banking on this concept to help improve...Continue Reading

Senator and outspoken crypto proponent Indira Kempis shared her excitement at the development on Twitter, stating that “for freedom, inclusion and financial education in Mexico.” Mexico’s Senate building now houses the country’s 14th Bitcoin (BTC) ATM, a sign of the country’s increasing interest in Bitcoin. The ATM was installed on Tuesday with the support of...Continue Reading

Retail digital payments are growing, but the country needs to implement further payment and financial inclusion reforms before a retail CBDC will be needed. The Philippines will pursue a wholesale central bank digital currency pilot project, to be called Project CBDCPh, Bangko Sentral ng Pilipinas governor Benjamin E. Diokno announced Wednesday. Diokno spoke about the...Continue Reading

A spokesperson reportedly hinted the closure was aimed at the company evaluating its “global office footprint.” Major United States-based payment processor PayPal will reportedly be closing its office in San Francisco, while the headquarters in nearby San Jose will remain available to employees. According to a Wednesday report from TechCrunch, the payments firm will be...Continue Reading