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October 19, 2022
The British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom. Prices in the United Kingdom continue to rise, hitting another 40-year high of 10.1%. According to figures from the U.K’s Office for National Statistics, the Consumer Prices Index (CPI) rose by 10.1% in...
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The organization transitioned to a DAO in July 2021 as part of a broader pledge to decentralize its operations. ShapeShift, a noncustodial crypto exchange and decentralized autonomous organization (DAO), has taken additional steps toward complete decentralization by migrating users to a new open-source application — a move the organization said would enhance user mobility. The...
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The Tezos NFT ecosystem gained a lot of traction over the past year due to its low cost of minting and energy efficiency. The Tezos blockchain partnered with Web3 automation platform Taco to allow Shopify users to access Tezos nonfungible tokens (NFTs) via Taco’s NFT loyalty program. The e-commerce giant has established itself as a growing...
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On-chain Cardano metrics show a decline in transactional activities on the network. Cardano (ADA) price is in the process of painting its seventh red monthly candle in a row as the token fell to its lowest level since February 2021. The trend saw ADA’s price rising nearly 800% to $3.16 between February 2021 and September...
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Legal jurisdictional issues relating to cryptocurrencies and digital assets have necessitated a law reform project sponsored by the Ministry of Justice. The Law Commission of England and Wales hopes to establish the United Kingdom as a leading jurisdiction for grappling with legal disputes involving emerging technologies like cryptocurrencies, digital assets and electronic documentation. The project,...
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The U.S. dollar may be finally ready to come down as the Eurozone says September annual inflation was the highest ever. Bitcoin (BTC) sagged with United States equities at the Oct. 19 Wall Street open as markets awaited tech earnings. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Eurozone sees fresh all-time high inflation Data from...
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Immutable co-founder Robbie Ferguson highlights the potential for Web3 gaming to cause a shift in digital property ownership and value sharing. There is no substitute for experience. Even when an experience can feel regrettable, like getting your brother’s Runescape account banned. Robbie Ferguson grew up as an avid gamer, accumulating thousands of hours playing his...
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The Japan Virtual and Crypto Assets Exchange Association says it plans to make it easier for authorized exchanges to list digital currencies by loosening the screening process. The Japan Virtual and Crypto Assets Exchange Association, the governing body that deals with crypto assets in Japan, released documents of plans to further ease crypto laws in...
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Dubbed Nucoin, the token creation process will receive collaboration from 2,000 clients in the following months. Nubank, a fintech bank in Brazil, announced  the creation of the Nucoin token on the Polygon blockchain on Oct. 19, paving the way for a rewards program for its 70 million clients across Latin America.  The company said that...
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Counterparty risk and “liability” form enduring qualities setting Bitcoin apart, says Fidelity Digital Assets. Bitcoin’s (BTC) future may “stand in stark contrast to the rest of the world,” asset manager Fidelity Investments predicts. In a recent research piece, “The Rising Dollar and Bitcoin,” released Oct. 10, Fidelity Digital Assets, the firm’s crypto subsidiary, drew a...
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