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“# Governments are looking to buy Bitcoin, NYDIG CEO confirms ” State-owned investment funds are reportedly making inquiries into buying Bitcoin (BTC). According to Robert Gutmann, CEO of New York Digital Investment Group, the firm has been having conversations with sovereign wealth funds about possible Bitcoin investments. Gutmann made this known while appearing at a…
“# Riot Blockchain stock plunges with Bitcoin as market correction deepens ” Shares of Riot Blockchain (RIOT) and other cryptocurrency miners sold off sharply on Thursday, as Bitcoin’s (BTC) gravitational pull on the market continued to broaden. RIOT declined by as much as 14.4% during Thursday’s session, extending its losing streak to four days. The…
“# Microsoft waffling over Bitcoin? BTC’s return to Xbox unlikely to spur adoption ” Microsoft has been sending mixed signals when it comes to its true intentions regarding Bitcoin (BTC) as well as the cryptocurrency market in general. On one hand, Microsoft president Brad Smith gave an interview earlier this year, claiming that the multinational…
“# Texas chases after Wyoming with crypto law proposal, but challenges remain ” Everything is bigger in Texas, but when it comes to crypto-friendly legislation, this doesn’t seem to be the case… just yet. On March 12, 2021, Texas Representative Tan Parker introduced the Uniform Commercial Code, also known as UCC, amendment bill (House Bill…
“# Solana raises $40 million in strategic investments from OKEx, MXC exchanges ” The Solana Foundation, the grants program behind the Solana high-performance blockchain, has inked partnerships with cryptocurrency exchanges OKEx and MXC to launch two strategic investment funds designed to fuel the ecosystem’s expansion. The two funds, which are collectively valued at $40 million,…
“# Double jump.tokyo signs up to layer-two scaling solution for NFTs ” Double jump.tokyo, the developer of popular blockchain game My Crypto Heroes, announced on March 25 that it will use the Immutable X platform to mint and trade nonfungible tokens, or NFTs, across all its games. Immutable X is a layer-two solution for the…
“# India’s government orders companies to disclose crypto holdings ” While the legal status of cryptocurrencies remains undecided in India, companies in the country involved in virtual assets must now report their activities as part of their financial statements. The new rule follows amendments made by the country’s Ministry of Corporate Affairs to Schedule III…
“# Blockchain-friendly Wyoming challenges Delaware’s biz incorporation dominance ” Amid the patchwork of state and federal regulations for crypto and blockchain firms, Wyoming seems to have established itself as a more progressive jurisdiction for companies involved in the novel technology. For Pierluigi Matera, professor of comparative law at the Link Campus University of Rome, these…
“#Branding for Web Designers: How to Create a Brand for Your Design Business” Creating a recognizable, memorable brand is challenging for nearly any business. Branding can make or break a company. If your brand is forgettable, you can kiss your customers goodbye. The stakes are high for creating a winning brand. However, web design companies…
“# Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India ” An Indian cryptocurrency ban would have grave implications for the future of the country’s economy, and would result in currency devaluation “of the worst form,” says blockchain entrepreneur and HashCash CEO Raj Chowdry. Chowdry, also the managing director of the United States-based…