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“# Wallstreetbets vs. Wall Street: A prelude to DeFi bursting onto the scene? ” Was last week’s Reddit versus Wall Street stand-off really the “beginning of the end for centralized finance,” as Gemini founder Tyler Winklevoss described it? Or was it just a one-time instance of individuals coming together to right a perceived wrong —…
“# Federal reform could transform crypto’s cannabis use case ” The recent vow by United States Senate leader Chuck Schumer to end federal prohibition of cannabis could have knock-on effects for Bitcoin (BTC) and the wider cryptocurrency industry. Schumer and fellow Democratic senators Ron Wyden and Cory Booker released a joint statement on Feb. 1,…
“# Theta blockchain launches first decentralized exchange dubbed ThetaSwap ” Theta (THETA) has launched ThetaSwap, the blockchain’s first decentralized exchange platform, according to an announcement issued on Friday. ThetaSwap v1 users will reportedly be able to swap Theta-based TNT-20 tokens in much the same way as is the case for automated market maker services like…
“# EY deploys blockchain products on China’s Blockchain-based Service Network ” Ernst & Young, one of the world’s largest professional services networks, is expanding its blockchain services in China in partnership with major local blockchain projects. According to a Feb. 5 announcement, EY will deploy its blockchain products on the Ethereum blockchain and Blockchain Open…
“# Twitter’s Jack Dorsey has fired up a full Bitcoin node ” Twitter founder and CEO Jack Dorsey has fired up his own Bitcoin (BTC) node. On Jan. 5, the tech billionaire posted a screenshot of the Bitcoin node software Bitcoind running on his computer, meaning Dorsey now lends a hand in validating Bitcoin transactions….
“# MEW now provides access to 2000 DeFi and NFT DApps on mobile ” Ethereum wallet and interface MyEtherWallet, or MEW, has brought decentralized applications to its 1.3 million monthly users through a new “DApps Browser” feature in the MEW mobile app. The collaboration with DApp analytics site DappRadar opens the door for MEW users…
“# FunFair (FUN) gains 183% as the blockchain-based gaming industry grows ” Many DApps and blockchain-based games are designed with casino-style and RPG features that allow players to use cryptocurrency for gambling. FunFair is essentially a white-label, turnkey blockchain-based casino and the platform aims to provide services with zero set-up fees and no monthly minimums….
“# Merging traditional finance and DeFi is critical for mass adoption ” When capital markets opened for the first time this year on Jan. 4, 2021, the focus of the front page of the Financial Times was squarely aimed at Bitcoin (BTC) with the headline: “Bitcoin tops $34,000 as record-breaking rally resumes.” That Bitcoin is…
“# US Library of Congress report highlights proof-of-stake tax blindspot ” Republican Representative Tom Emmer has called for more precise tax guidelines regarding cryptocurrency earnings, after a report he commissioned from the Law Library of Congress showed a stark disparity between regulatory approaches taken by various tax authorities around the world. The 128-page study examined…
“# Germany’s blockchain initiative: How adoption became a reality in 2020 ” Germany has a very diverse, active blockchain ecosystem of companies and enthusiasts, especially in the city of Berlin. And an important step in the development of this ecosystem has been taken by the federal government itself, which tries to preserve and promote the…