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“# 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…
“# Coinbase IPO a ‘watershed moment’ for crypto regulation: Caitlin Long ” Caitlin Long, founder of Wyoming-based digital asset bank, Avanti Bank & Trust, has predicted Coinbase’s upcoming IPO will be a “watershed moment” for cryptocurrency regulation. Speaking alongside SEC commissioner Hester Peirce during BlockFi and Real Vision’s “Bitcoin in the Real World” event on…
“# Crypto escrow agent dodges jail after lying over stolen millions ” A Manhattan federal judge has let an escrow agent walk free for deceiving a crypto investment manager about having purchased $3.25 million worth of Bitcoin on their behalf in 2018. During a hearing held over video conference on Feb. 4, U.S district Judge…
“# Billionaire Bitcoin investor backs away from California governor bid ” Only 10 days after announcing he would run for California state governor, long-time Bitcoin proponent and billionaire investor Chamath Palihapitiya has backed away from the idea in a Feb. 2 episode of The All In Podcast. E20 is here! — @Jason & @chamath reconcile—…
“# LL Cool J and Paul Tudor Jones back $72M crypto fund ” Several high-profile figures in finance and entertainment are reportedly backing a new venture capital crypto fund from former Digital Currency Group investor Travis Scher, Silver Lake Partners co-founder Glenn Hutchins, and his son James Hutchins. According to a report from Yahoo Finance,…
“# Different kind of gas fees — Electrocoin enables crypto petrol payments in Croatia ” Crypto-payment processing firm Electrocoin is partnering with a local oil and gas company in Croatia to allow drivers to pay for a full tank using crypto. According to Croatian news outlet Poslovni dnevnik, people needing to gas up their vehicles…
“# Robinhood reportedly allowing instant deposits for crypto purchases again as DOGE surges ” Stock and crypto trading app Robinhood has reportedly re-enabled instant deposits for cryptocurrency purchases after almost a week. Robinhood has removed the original update on its support page suspending instant deposits, and its website currently shows certain users once again have…
“# Hedge or cyclical? Eternal debate on Bitcoin’s status sees a new twist ” One of the most enduring cryptocurrency-related narratives revolves around the search of crypto’s definition as an asset class. Is Bitcoin (BTC) more of a digital currency or digital gold? Do its unique properties warrant viewing it as something completely distinct from…
“# Robinhood saga reveals deeper flaw in Web 2.0: Oasis Labs executive ” Robinhood’s decision to halt the trading of several stocks, including GameStop and AMC, underscores a “huge flaw” in the way the internet exists today, according to Anne Fauvre-Willis, COO of the privacy-focused Oasis Labs. Control is at the crux of the issue,…