[Bybit contributes $19M to BitDAO in ETH, USDT and USDC to support DeFi growth] Are DAOs a new way for companies to go public? As more crypto companies go public, some are returning to a decentralized business model.ShapeShift CEO Erik Voorhees explains the ethos and reasons why.Cryptocurrency service providers are headed for the public market…
Senate clears key procedural hurdle on $1 trillion infrastructure deal, moving one step closer to passage
Senate Democrats and Republicans cleared another key procedural hurdle Saturday on a roughly $1 trillion bill to improve the country’s infrastructure, inching the proposal closer to passage even as significant policy and spending disputes continued to divide the chamber.The 67-27 vote had been expected on the bipartisan measure, which proposes massive new investments in the…
NFTs are skyrocketing and everyone from Katy Perry to the NBA is selling them – but they’ve got a long way to go before they really go mainstream, Rarible’s co-founder says
NICOLAS ASFOURI / Contributor/ Getty Images Despite the buzz, NFTs have a long way to go before becoming mainstream, Rarible cofounder Alex Salnikov said.They have to become more affordable and accessible, and companies figure how they might appeal to consumers, he told Insider.Interest in the digital assets has skyrocketed, prompting celebrities and leading corporates to…
America’s Cancel Culture Comes For ExxonMobil
Friday produced an unfortunate energy-related story.It is a story that is emblematic of how difficult it has become for groups of parties with varied interests to work cooperatively to find common ground in the energy and environment space.It is one of a thousand stories we see every day of the current cancel culture impacting every…
‘Green’ bitcoin alternative Chia is leading to hard disc shortages – New Scientist
‘Green’ bitcoin alternative Chia is leading to hard disc shortages [Technology] 10 May 2021 Cryptocurrencies based on owning a large number of hard discs, rather than using computer processors, could offer a less energy-intensive alternative to bitcoin and might even make it cheaper to build data centres – although one is already causing soaring demand…
The NFT space is booming again, but experts say there are 5 challenges the digital collectibles space still needs to overcome
Digital artist FEWOCiOUS auctions five new unique NFT works of art.Noam Galai/Getty Images NFTs have exploded in popularity in 2021, soaring to an eye-popping $2.5 billion in sales volume in the first half of 2021.Still, the industry is still very early on in the adoption curve and is yet to break into the mainstream.Here are…
Inside the charmed world of billionaire Mike Novogratz’s family dynasty
More On: wall street JPMorgan reinstates indoor mask mandate as Delta variant spreads De Blasio’s vaccination orders leave NYC businesses more confused than ever ‘Little guy’ may feel sharp pain from Robinhood’s IPO arrow Inside the secret sex dungeon scandal that shocked Wall Street Mike Novogratz’s wrestling days at Princeton prepared him well for the…
How cryptocurrency became a powerful force in Washington
At 2:36 p.m.Wednesday, the message went out on Twitter: “Crypto Red Alert!”The message, from a left-leaning tech advocacy group called Fight for the Future, urged people to call U.S.senators to object to one provision of new rules for cryptocurrencies in the massive federal infrastructure bill.Senate offices were swamped with phone calls.Opposition to the provision came…
Cancer patient spent night in hotel to escape power cut
A Marsascala woman who is undergoing chemotherapy paid to spend the night in a hotel after a prolonged power cut left her and her family suffering in the heat and darkness for over 17 hours.The woman’s daughter, who asked not to be named, said the family was forced to seek a hotel room for the…
Singapore to grant licences to digital payments services providers in ‘momentous’ move for cryptocurrencies | South China Morning Post
Singapore’s central bank has told “several” digital payments service providers that they will be granted licences to operate in the city state, in a move analysts say cements its status as Asia’s leading crypto-financial hub.Jason Davis, an associate professor of entrepreneurship and family enterprise at Insead, said it was a “careful next step” into a…