Charities are becoming more receptive to crypto donations thanks to the mainstream adoption of Bitcoin and other digital assets. Blockchain-based nonprofit organization Endaoment has raised more than $7 million for charities in its first year of operations, marking another major milestone for the rapidly growing cryptocurrency donations industry. Endaoment’s donor-advised funds, or DAFs, have been…
Read more
Facing an electricity deficit largely blamed on cryptocurrency miners, Kazakhstan is trying to avoid an energy crisis this winter. The president of the country has insisted on the need to maintain power supply for the industry and population, calling for urgent legal regulation of the expanding coin minting sector. President Tokaev Calls for Legislative Regulation…
Read more
Brooklyn Nets star Kevin Durant has been inducted into the “blank check” hall of fame. Kevin Durant, a two-time NBA champion, has launched a special purpose acquisition company (SPAC) to look at collaborating with technology-driven businesses, including cryptocurrency enterprises. The firm was established in conjunction with Durant’s business associate Rich Kleiman. Durant, who was an…
Read more
The leading crypto industry association in Iran has slammed authorities for their passive stance regarding crypto regulation. The government’s inaction is a source of concern, the organization said, offering its assistance to regulators whom it considers not sufficiently qualified to deal with the complex issue.
Blockchain Association Proposes Public-Private Partnership on Crypto Rules in…
Read more
New ecosystem partners, attractive creator incentives and the successful completion of a $93 million funding round are a few reasons why SAND has rallied 393% in the past two weeks. The blockchain gaming ecosystem has seen explosive growth over the course of 2021 as nonfungible tokens (NFT) and the play-to-earn gaming model helped create new…
Read more
The bipartisan pair sent a letter to the securities regulator demanding spot ETF approval. Congressmen Todd Emmer and Darren Soto sent a bipartisan letter to Securities & Exchange Commission Chair Gary Gensler on Wednesday, strongly questioning why the agency has denied approval for the creation of a Bitcoin spot ETF while allowing Bitcoin Futures ETFs…
Read more
It appears EOS holders are extremely dissatisfied with the direction the network has headed. Members of the EOS ecosystem, a blockchain designed to power decentralized applications, or DApps, are voicing their dissatisfaction with former developer Block.one. As a result, they have formed their own organization and elected new leadership in an effort to revamp the…
Read more
The proposal, called the ACCEPT Resolution, would apply to gift shops, vending machines and restaurants. United States Senator Ted Cruz of Texas submitted a resolution on the Senate floor Monday that would require the acceptance of cryptocurrency payments at all gift shops, restaurants and vending machines located within the Capitol Complex. The resolution, titled Adopting Cryptocurrency…
Read more
The multi-year partnership aims to increase local crypto adoption in the esports landscape across the globe. Twitch Rivals, an esports tournament host featuring Twitch streamers and pro gamers, has onboarded crypto trading platform Crypto.com as a global marketing and cryptocurrency platform partner. The multi-year partnership will see Crypto.com as an official partner of Twitch Rivals…
Read more
With а growing threat of electricity shortages in the winter months, Ukraine has busted another large coin minting facility illegally drawing power from the grid. The country’s security agency announced it’s stepping up efforts to ensure the nation’s energy system is well-protected from such consumers. Large-Scale Illegal Mining Operation Uncovered in Central Ukraine The Security…
Read more
