6 Questions for Jennifer Wines of Fidelity Private Wealth Management

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Jennifer Wines, vice president of Fidelity Private Wealth Management.Jen grew up between Mexico, Canada and the United States.

BREAKING: Nasdaq listing hints that the SEC may soon approve ETF application from Valkyrie

Vice president of listing qualifications Eun Ah Choi said Nasdaq had certified Valkyrie’s Bitcoin ETF shares for listing on the exchange. The US Securities and Exchange Commission, or SEC, may soon approve an application from crypto asset manager Valkyrie for a Bitcoin Strategy exchange-traded fund, with the shares to be listed on the Nasdaq Stock Market.According to an Oct.

Nigerian Presidency: Vice President Yemi Osinbajo Against ‘Willy-Nilly Devaluation of the Naira’

The Nigerian presidency has denied reports that the country’s Vice President (VP), Yemi Osinbajo, was calling for the devaluation of the local currency when he recently questioned the naira’s official exchange rate.

Almost 1.1M people have already signed up for Coinbase NFT waitlist

Sanchan Saxena, the Vice President of product at Coinbase said yesterday that the “insane” amount of traffic from signing up to waitlist temporarily broke the site.

Nigerian Vice President Says Current Naira Exchange Rate ‘Artificially Low’

Nigerian Vice President Yemi Osinbajo recently warned that the country’s official naira exchange rate of N411 for every dollar is artificially low.

6 Questions for Olga Kupchevskaya of MyEtherWallet

We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Olga Kupchevskaya, vice president of research and development for MyEtherWallet.Olga is vice president of research and development for MyEtherWallet.

Why 'the overarching demand' isn't as easy as it sounds for DeFi

Diana Pires, Crypto.com’s Senior Vice President of Institutional Sales, was recently one of the speakers at Blockworks' Digital Asset Summit.

Tehran Stock Exchange CEO resigns following discovery of Bitcoin miners in basement

Iranian authorities have conducted many raids on crypto miners in abandoned factories, homes, and small businesses — nothing quite as high profile as the country's largest stock exchange. Ali Sahraee, the chief executive officer of the Tehran Stock Exchange since 2018, has reportedly resigned after the discovery of cryptocurrency mining rigs in the building.According to a report from the country’s state-run media, the Islamic Republic News Agency, Tehran Stock Exchange, or TSE, market vice president Mahmoud Goudarzi will be leading the company following the departure of Sahraee.

ECB Vice President Says He Wouldn’t Ban Crypto, but Warns Against Money Laundering and Terrorism

European Central Bank (ECB) vice president Luis de Guindos says he’s not looking to ban cryptocurrencies but highlights the importance of establishing rules in the nascent industry to curb financial crimes.

ECB Vice President States Crypto Should Be Regulated Like Other Assets

European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are.

Coinbase Executive Slams Crypto Provision in Infrastructure Bill, Gives List of Suggestions for Lawmakers

Coinbase’s global vice president of tax, Lawrence Zlatkin, is sharing his critique on an editorial response from Bloomberg that discusses the crypto provisions defined in the ongoing US infrastructure bill.  Bloomberg’s op-ed took the stance that the crypto provisions within the original bill will help to bolster the government’s tax revenue from crypto entities paying […] The post Coinbase Executive Slams Crypto Provision in Infrastructure Bill, Gives List of Suggestions for Lawmakers appeared first on The Daily Hodl.

Fed’s Vice Chair Says Tapering May Happen in 2021, Senator Joe Manchin ‘Alarmed Over Record Amount of Stimulus Injections’

The US central bank’s vice chairman Richard Clarida explained on Wednesday that the Federal Reserve could begin tapering large asset purchases this year.

Cryptocurrency Swap Not Banned in Iran, President’s Legal Team Says

Current regulations do not prohibit the swapping of digital currencies, according to the Iranian Vice Presidency for Legal Affairs.

Circle and Unstoppable Domains to introduce username-based USDC payments

USD Coin holders will soon be able to transfer the stablecoin via human-readable addresses across supported wallets and crypto exchanges. The bid to introduce human-readable addresses as an alternative to the usual lengthy alphanumeric crypto wallet address system is set to achieve another milestone following the recent partnership between Circle and Unstoppable Domains.According to an announcement issued on Wednesday, Unstoppable Domains, a blockchain domain name provider, and USD Coin (USDC) stablecoin issuer Circle are collaborating to release readable “.coin” usernames for USDC transfers.As part of the partnership, both companies will collaborate to enable support for .coin username extensions across wallets and crypto exchanges that support the popular stablecoin.Under this arrangement, USDC transfers will become akin to sending an email, likely mitigating the problem of transferring coins to the wrong address, especially for the not-so-tech-savvy.Indeed, the announcement quoted Josh Hawkings, senior vice president of marketing at Circle, making a similar point adding that the feature will help to make USDC more accessible.Commenting on the partnership, Unstoppable Domains CEO Matthew Gould said, “Simple usernames combined with dollar-pegged stablecoins take the fear and risk out of spending crypto.”Related: Unstoppable Domains’ .crypto websites now available via Brave browserThe Circle partnership comes swiftly on the heels of a similar collaboration with popular crypto wallet provider Blockchain.com.

Ghana Vice President Praises Central Bank’s CBDC Initiative, Says Digital Currencies Can Boost Intra-African Trade

The Ghanaian Vice President, Mahamudu Bawumia, has implored African governments to start exploring digital currencies as such alternatives have the potential to enhance intra-African trade.

Ghana’s Vice President: African Countries Should Embrace Digital Currencies

According to Dr Mahamudu Bawumia, employing digital currencies in the economy would restore the trade sector.

Ghana's vice president declares Africa should embrace digital currencies

Digital currencies are primed to reinvent trade between African countries. Ghana's vice president Dr Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent.As reported by Ghanaweb Bawumia outlined his argument during the Fifth Ghana International Trade and Finance Conference, which boasted the theme of “Facilitating Trade and Trade-Finance in AfCFTA; The Role of the Financial Services Sector.” He argued that trade between African countries demands a “single central payment” system.

CCP Driving Chinese Regions to Make Blockchain Progress – Report

Xi Jinping. Source: a video screenshot, Youtube, VICE News China’s blockchain technology ambitions may be even greater than once thought – with a media outlet claiming to have seen evidence of the Chinese Communist Party (CCP)’s blockchain planning. In a report from the Epoch Times, a New York-based outlet aligned with the Falun Gong movement, journalists reported they had seen internal

Let's face reality... Is Bitcoin's bull run really over?

The constant volatility of the Bitcoin market has forced analysts to repeatedly change their lens from bearish to bullish and vice versa.

Licensed Iranian crypto miners ordered to halt production 'altogether'

Even Iran's minister of labor has reported electrical disruptions to his home as crypto miners continue to exert demand on the country's power grid. Eshaq Jahangiri, the first vice president of Iran under Hassan Rouhani, has called on all legally operating crypto miners in the country to stop producing coins.According to a Wednesday report from the Tasnim News Agency, Jahangiri said at a meeting with officials of the Ministry of Energy that the electricity restrictions for Iranians were likely to continue until early August, purportedly in line with Rouhani’s previously announced prohibition on crypto mining.

Alfacash Partners With Coinify To Improve Credit Card Options

Alfacash is already offering the trading of over 30 cryptocurrencies for fiat (and vice versa) in a fully non-custodial and automatic process.

Alfacash partnered with Mercuryo to improve credit card options

Disclaimer: The text below is a press release that was not written by Cryptonews.com. Alfacash is already offering the trading of 30+ cryptocurrencies for fiat (and vice versa) in a fully non-custodial and automatic process.

Alfacash partners with Mercuryo to improve credit card options

Alfacash is already offering the trading of 30+ cryptocurrencies for fiat (and vice versa) in a fully non-custodial and automatic process.

Fed Vice Chair Quarles Says Digital Dollar Could Pose Significant Risks to US Banking System

The Federal Reserve’s vice chairman of supervision and the chair of the Financial Stability Board (FSB), Randal K.

Crypto miner claims all major Yunnan operations shut down in advance of CCP anniversary

It's unclear if the shutdowns are due to orders passed down from above or the result of China's announced regulatory crackdown on crypto miners. Reports alleged that cryptocurrency miners in China’s Yunnan province may be out of commission for a day if not longer due to the Chinese Communist Party’s 100th anniversary celebration this week.According to Kevin Zhang, the vice president of mining infrastructure company Foundry Services, all major Bitcoin (BTC) mining farms in Yunnan have been shut down as of today.

Here's what the Fed vice chair had to say about Bitcoin, CBDCs and parachute pants

The Fed and Treasury have established their skepticism when it comes to cryptocurrencies and other digital assets.

Foreign CBDCs and stablecoins unlikely to threaten US dollar, says Fed vice chair

Though Randal Quarles said there was a "legitimate and strong regulatory interest in how stablecoins are constructed and managed," a US dollar-pegged coin could help provide support for its fiat counterpart. Randal Quarles, vice chair for supervision of the Federal Reserve Board of Governors, said he believed neither dollar-pegged stablecoins nor digital currencies issued by foreign central banks are likely major causes for concern for the US dollar.In a prepared statement for the Annual Utah Bankers Association Convention Monday, Quarles said that foreign currencies — whether fiat or digital — would be unlikely to challenge the US dollar’s role in the global economy.

Chinese Bitcoin miners ‘not even in the mood to drink anymore’

Many Bitcoin miners in China are down with the blues as Beijing forces several operations to go offline. China, once home to about 65% of the total Bitcoin (BTC) mining hash power has given the boot to several miners in the country.The country’s Bitcoin mining ban means miners have been forced to shut down their operations with some establishments already moving hardware overseas.Tweeting on Wednesday, Kevin Zhang, vice president of crypto mining advisory outfit Foundry says the mood among Chinese miners has grown sour, adding:“Sentiment is obviously quite dreary and the reality is setting in that it’s GG for mining in China.

El Bitcoin, Supportive Lawmakers, FUDy Seizures and 20 Crypto Jokes

What a week! The El Salvador President unveiled plans to give bitcoin the status of legal tender, and quickly the news shook the Cryptoverse that that will indeed officially happen in just 90 days, with lawmakers across Latin America expressing their support for bitcoin adoption, including the Ecuadorian Vice Minister of Economic Inclusion - with all this raising some existential BTC questions.

A man and his S.C.A.M.: Solo dev ‘Dreesus’ on making a memecoin legit

After minting a memecoin, a solo developer now has to grow his Frankenstein creation into a success. You might not know Dreesus, but if you’ve been following crypto the last few months you’re likely familiar with his work.Following the launch of his Simple Cool Automatic Money ($SCAM) token, the pseudonymous developer garnered coverage from a seemingly endless list of mainstream and cryptomedia publications, including Vice, The Wall Street Journal, Benzinga, Mic, The Verge, The Week, and CNBC, among others.

More Latin American MPs Push for Bitcoin Laws – Including a Gov’t Vice Minister

The ranks of Latin American politicians joining the laser-eyed, bitcoin (BTC) adoption-supporting movement are beginning to swell – and while the majority of the crowd are young, opposition party MPs, the group now boasts at least one government vice minister. While the movement began in earnest over the weekend, when the President of El Salvador Nayib Bukele expressed his

Shanghai Man: Miners banned, exchanges targeted? Here's what's really happening

A look at the last week of crackdowns, including a ruling from Vice Premier Liu He.

US Regulators Urgently Working on Joint Cryptocurrency Regulation: Fed’s Quarles Says It’s ‘High Priority’

US government agencies are urgently working together on a joint regulatory framework for cryptocurrencies, Federal Reserve Vice Chair of Supervision Randal Quarles has confirmed.

US Agencies In ‘Sprint’ to Align on Bitcoin Regulations

The Fed, the OCC, and the FDIC are rushing out cryptocurrency plans, says the Federal Reserve Vice Chair. 

'Next Great Miner Migration Will be Away from China' - Poolin Exec

The global Bitcoin (BTC) hashrate, or the computational power of the network, will spread from China to the rest of the world - which is a redistribution beneficial for Bitcoin, according to Alejandro De La Torre, Vice President at Hong Kong-headquartered major mining pool Poolin. Many miners are actually looking to move from China – the home of over 50% of all

ECB Vice President Says Crypto Assets Are ‘Not a Real Investment’ Citing Weak Fundamentals

The vice president of the European Central Bank (ECB), Luis de Guindos, has warned that crypto assets are “not a real investment” and are “subject to a lot of volatility.” His comments followed massive sell-offs across a broad range of cryptocurrencies.

Fed’s Vice Chair for Supervision Calls on Bank Regulators to Pay More Attention to Cryptocurrency

The Federal Reserve’s top supervisory official has called on bank regulators to pay more attention to cryptocurrencies and stablecoins.

Warren Buffett Dodges $2 Trillion Crypto Question As Partner Munger Says Bitcoin Is Bad for Civilization

Berkshire Hathaway CEO Warren Buffett and company vice chairman Charlie Munger are sending a clear message that they are not fans of cryptocurrencies despite the meteoric rise of the emerging asset class.  During the company’s recent annual shareholder meeting, the Oracle of Omaha dodges a question regarding the $2 trillion valuation of cryptocurrencies as he […] The post Warren Buffett Dodges $2 Trillion Crypto Question As Partner Munger Says Bitcoin Is Bad for Civilization appeared first on The Daily Hodl.

Berkshire Hathaway Vice Chairman says Bitcoin Is Disgusting

Charlie Munger speaks ill of Bitcoin, coming off as the latest billionaire to criticize the cryptocurrency amid its ongoing bull run.

Berkshire Hathaway’s Charlie Munger Finds Bitcoin ‘Disgusting and Contrary to the Interest of Civilization’

Berkshire Hathaway Vice Chairman Charlie Munger, Warren Buffett’s right-hand man, says he hates bitcoin’s success.

Bitcoin is a 'disgusting' product that comes 'out of thin air,' says Charlie Munger

"I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth," said the billionaire. Charlie Munger, billionaire investor and vice chair of Warren Buffett’s Berkshire Hathaway conglomerate, did not mince words when it came to describing his feelings on crypto. In the Berkshire Hathaway Annual Shareholders Meeting streamed live on Saturday, Munger addressed questions from investors alongside his fellow billionaire.

Warren Buffett’s Right-Hand Man: Bitcoin’s Success is ‘Disgusting’

Charlie Munger, the vice-chairman of Berkshire Hathaway, thinks that Bitcoin is a scourge on the planet.

Coinbase to acquire skew crypto data analytics platform

Some of skew's institutional clients include One River Asset Management and Susquehanna International Group. United States’ cryptocurrency giant Coinbase has acquired institutional-grade blockchain data analytics platform skew. Greg Tusar, vice president of institutional products at Coinbase, announced the news Friday, stating that the new acquisition will help customers make more informed trading decisions using real-time data analytics. “We’re excited to integrate skew’s data analytics platform with Coinbase Prime, allowing our customers to track cryptocurrency spot and derivatives markets in real-time.

Alfacash Store Launches Premium Accounts

Alfacash Store is available to buy cryptocurrency for fiat (and vice versa) in a fully non-custodial and automatic process, including high liquidity, fast operations and regulatory compliance.

‘Intense Crackdown’ until End of June as Seoul Fights Crypto Fraudsters

A new joint South Korean police-government-regulator crackdown on crypto-related fraud and multi-level marketing (MLM) fraudsters will be complete “by the end of June,” authorities stated, as Seoul moves to stamp out bogus and illicit crypto operators. Per Seoul Kyungjae and the Segye Ilbo, a number of vice ministers met the heads of financial regulators and police

South Korea plans interagency crackdown on illegal crypto transactions

South Korea’s top financial regulator established dedicated crypto investigation teams across the country last week. Several South Korean financial authorities are planning to join forces to combat illegal operations involving cryptocurrencies like Bitcoin (BTC). The interagency crackdown comes in response to growing concerns over speculative investments and potentially illegal activities amid the ongoing boom in crypto markets, Koo Yun-cheol, head of the Office for Government Policy Coordination, said Monday. “There is a need to pay special attention to the occurrence of illegal activities using virtual assets,” he stated at a vice ministers’ meeting on crypto, according to local news agency Yonhap. As part of the crackdown  — which is slated to continue until June — the Financial Services Commission will require local financial institutions to strengthen the monitoring of withdrawals of cryptocurrencies.

Peak fear? Bitcoin funding rates crash to lowest levels in 7 months

The funding rate of Bitcoin dropped to a level unseen since September 2020, signaling fear in the market. The funding rate of Bitcoin (BTC) has dropped to levels not seen since September 2020 as the price of Bitcoin plummeted below $52,000 on April 18. Quant trader and analyst Lex Moskovski says it shows fear has returned to the market. According to the data from Glassnode, the average Bitcoin futures funding rate across all exchange dropped to as low as around -0.03% on Sunday What is funding rate and why does it dropping matter? Bitcoin futures exchanges use a mechanism called "funding" to achieve balance in the market. The way the mechanism works is simple: if there are more longs or buyers in the market, the funding rate rises, and vice versa. As such, when the funding rate turns negative, it means the majority of the market is short-selling Bitcoin, indicating fear in the market. Moskovski said: "Wow, it's been a long time since we've seen funding this negative.

Nvidia triples revenue forecast for crypto mining GPU sales

The California chipmaker says Q1 financials for fiscal 2022 are on track to surpass initial estimates with demand for crypto mining graphics cards on the rise. Nvidia says the positive performance of its various market segments has seen the company revise its initial forecasts for Q1 of fiscal 2022. The company made this known during its annual investor day on Monday revealing total revenue for Q1 is already tracking above the $5.30 billion forecast included in its previous end-of-year earnings call. This positive market performance has also extended to Nvidia’s graphics processing unit, or GPU, sector with the company raising its Q1 revenue estimate for its cryptocurrency mining processor, or CMP, product three-fold to $150 million. Indeed, as previously reported by Cointelegraph, Nvidia had set its initial forecast for crypto miner sales for Q1 at $50 million back in February. According to Nvidia’s press release, surging demand is at the heart of its optimistic outlook with Colette Kress, executive vice president and chief financial officer of the chipmaker adding: “Overall demand remains very strong and continues to exceed supply while our channel inventories remain quite lean.

Former Apple Music exec joins crypto firm Ledger as head of NFT division

In his new position as Ledger’s vice president of NFTs, Brooks will be responsible for bridging the platform with the artistic community. Apple Music veteran Parker Todd Brooks is leaving the company to join Ledger, one of the biggest providers of cryptocurrency hardware wallets. According to a Friday announcement, Brooks will now head Ledger’s non-fungible token, or NFT, division as the company expands its support for the storage, display, management and security of NFT pieces. Brooks is joining Ledger after spending the last seven years with Apple Music, helping launch Apple Music and music radio station Beats 1 after Beats Music was acquired by Apple in 2014.

Bitcoin mining stocks have outperformed BTC by 455% over the past 12 months

While Bitcoin is up 900% in the last 12 months, shares in the four largest publicly-traded mining firms are up 5,000% over the same period. Despite the top publicly-listed Bitcoin mining firms operating at losses, their share prices have dramatically outperformed BTC over the past 12 months. Appearing on CNBC, Fundstrat’s vice president of digital asset strategy, Leeor Shimron, shared his analysis into the market performance of the four-largest publicly-traded mining firms — Marathon Digital Holdings, Riot Blockchain, Hive Blockchain, and Hut 8, each of which represent a market cap of more than $1 billion. Over the past 12 months, Shimron found the average return for shares in the mining firms to have been 5,000%, while BTC has gained 900% over the same period.

Diem co-creator leaving Facebook for Planet Labs

Kevin Weil has previously said that the launch of the Facebook-backed stablecoin would be "a journey of years and decades." Kevin Weil, the vice president of product at Facebook's digital wallet unit and one of the creators of the Libra token, now called Diem, will be leaving the social media giant. In a Twitter thread today, Weil said he would be leaving Facebook after almost three years to become the president of product and business at San Francisco-based space and analytics company, Planet Labs.

Vice President of Nigeria Tips Cryptocurrencies To Challenge Traditional Banking

Following the ban on cryptocurrencies, Nigerian Vice President has predicted a radical shift in the financial system that could see digital assets emerge as frontrunners.

Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Be Regulated and Not Prohibited

In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets.

Blockchain and crypto will challenge current finance, Nigeria VP says

Yemi Osinbajo sees potential for crypto and blockchain. Nigeria’s vice president, Yemi Osinbajo, delivered a speech at an economic summit on Friday in which he spoke positively of crypto and blockchain.  “There is no question that blockchain technology generally, and cryptocurrencies in particular, will in the coming years, challenge traditional banking, including reserve banking, in ways that we cannot yet imagine,” Osinbajo said on Friday during the Central Bank of Nigeria, or CBN, Bankers’ Committee Economic Summit.

Mastercard Vice Chair: Bitcoin’s Too Volatile for Payments

Bitcoin’s volatility stands in the way of it becoming a good payment instrument, said Mastercard’s executive vice chair Ann Cairns.

Berkshire Hathaway’s Charlie Munger Advises Investors to Never Buy Bitcoin or Gold

Berkshire Hathaway’s vice chairman and Warren Buffett’s long-time business partner, Charlie Munger, has advised investors not to buy bitcoin or gold.

How has Bitcoin's recent price woes impacted institutional interest

Based on the Ecoinometrics report, last week AMBCrypto reported on the rising dependence of Institutions on Bitcoin and vice versa.

Bitcoin will not become a global medium of exchange, says Charlie Munger

Billionaire investor and Berkshire Hathaway vice-chairman Charlie Munger has once again dismissed the value proposition of Bitcoin. Like Berkshire Hathaway chairman Warren Buffett, the 97-year-old Munger is a known critic of Bitcoin (BTC). Addressing the 2021 Daily Journal annual meeting with shareholders organized by Yahoo Finance on Wednesday, Munger again espoused some negative sentiments about the largest cryptocurrency by market capitalization. Fielding questions from shareholders concerning Bitcoin, Munger stated: “I don’t think Bitcoin is going to end up [being] a medium exchange for the world.

Buffett's Partner Munger Bashes Bitcoin, Says It's 'Substitute For Gold'

Charlie Munger. Source: A video screenshot, Youtube/Yahoo Finance Charlie Munger, the vice-chairman of Berkshire Hathaway, the chairman of the Daily Journal and the business partner of star investor Warren Buffett, has lashed out at crypto and amateur trading on platforms such as Robinhood.

Bitcoin is an 'artificial substitute for gold' acc. Berkshire Hathaway's Charlie Munger

Vice-Chairman of Berkshire Hathaway and billionaire investor Charlie Munger remains unimpressed with Bitcoin’s recent rally past $50,000. In a recent interview with the Daily Journal, Munger said The post Bitcoin is an 'artificial substitute for gold' acc.

Francis Suarez, Miami’s pro-crypto mayor, to appear on Blockchain & Booze tonight

As Miami becomes the hottest spot in America for crypto, Mayor Suarez wants to know: "How can I help?" But will he actually be swigging Miami Vice cocktails? Francis Xavier Suarez, the mayor of Miami and a firm Bitcoin proponent, will appear for a 30-minute fireside chat on Blockchain & Booze this evening. The episode, hosted by Adam Levy of blockchain venture studio and fund Draper Goren Holm, and streamed live from Cointelegraph’s Twitter account, will explore Miami’s emerging status as a global crypto hub, as well as Suarez’s civic leadership responsibilities. The

Ripple Executive Says Company Working With Central Banks To Develop Digital Assets

The vice president of RippleX James Wallis says Ripple is currently working with central banks on developing digital currencies.

Ethereum is struggling again vs. Bitcoin: Why is ETH/BTC showing weakness?

Ether is stagnating against Bitcoin despite BTC's strong rally after BNY Mellon embraces digital assets. The price of Ether (ETH), the native cryptocurrency of Ethereum, has been stagnating against Bitcoin in recent days after a strong few weeks against BTC. In the past few weeks, ETH and BTC have shown some inverse correlation as ETH rallied strongly when BTC consolidated, and vice versa. ETH/BTC 15-minute price chart (Binance).

Crypto-Centric VC Fund Lures in Billionaire Investor Paul Tudor Jones and Rapper LL Cool J

This week the former Digital Currency Group (DCG) Vice President of Investments, Travis Scher, announced a $72 million crypto-focused venture capital fund backed by the billionaire investor Paul Tudor Jones and hip-hop star LL Cool J.

Miami Mayor Hires City’s First CTO in Fintech, Crypto Push

Saif Ishoof, the vice president of engagement at Florida International University, will be the city of Miami’s first-ever chief technology officer.

Bitcoin payments are the 'second stupidest idea I’ve heard,' says Late Show’s Stephen Colbert

But to be fair, they're a long way behind remote-controlled junk cages. Stephen Colbert, the charismatic host of CBS’ The Late Show, isn’t holding back his punches or his jokes when it comes to Bitcoin. In a segment dubbed “Quarantinewhile,” which features a roundup of amusing news stories for viewers to watch while stuck inside, Colbert referenced a recent report from Vice in which hackers took control of internet-connected chastity cages — devices worn by men to prevent them from engaging in any sort of sexual activity — and demanded Bitcoin (BTC) to unlock them. “Getting paid in Bitcoin? That’s the second stupidest idea I’ve heard,” said Colbert with a chuckle, implying the first would be: “Apparently these people hooked up their dong cages to the net and then they got hacked [...] Of course this is going to happen — it’s one thing to give control of your deprivation box to a loved one, but it’s quite a leap of faith to say: let’s put my junk up in the cloud.” Colbert was one of the few late night talk show hosts to do a mainstream segment on cryptocurrency back in April 2013 when the price of Bitcoin was fluctuating between $50-300.

XRP tumbles despite former Amazon exec joining Ripple as engineering lead

“Ripple’s all-star engineering team continues to grow,” Ripple CEO Brad Garlinghouse said of the firm’s new senior VP. Amid legal action from the SEC, Ripple has brought in fresh blood from Amazon to lead its engineering team. In a statement released today, Ripple CEO Brad Garlinghouse announced that former Amazon vice president of delivery experience, Devraj Varadhan, has joined Ripple as its new senior vice president of engineering.

From $2 To $200 And Vice Versa In 20 Hours: Another Typical Day In DeFi

Another DeFi token went through a massive pump and dump cycle, increasing by 100x and losing it all in less than 20 hours.

Why Warren Buffett’s Longtime Partner Is Wrong About Bitcoin (Opinion)

Charlie Munger, the Vice-Chairman of Warren Buffett's Berkshire Hathaway, is wrong about Bitcoin.

Total Tokenization, Taproot, Bitcoin ETF + More News

Source: iStock/Photographer, Filmmaker, Designer Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Adoption news The vice president of the Russian metals giant Norilsk Nickel has spoken out about his company’s ambitious tokenization plans, saying new platforms now make it possible to

BlackRock is looking to hire a blockchain VP with experience in crypto assets

The world’s largest asset manager is looking to fill the role of vice president, blockchain lead.

BlackRock Prepares to Make More Crypto Moves + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news The American asset management giant BlackRock is looking to expand its crypto team, and has posted a vacancy for the new role of vice president and blockchain lead on its website in a bid to to drive up

Asset Management Giant BlackRock Hiring VP With Expertise in Valuating Crypto Assets

Trillion-dollar asset management firm BlackRock is currently looking for a vice president to help the company assess the fundamental value of crypto assets.

World's Largest Asset Manager BlackRock Looking for Blockchain Exec

BlackRock has published a job listing for a blockchain vice president with experience in digital assets valuation.

Joe Biden Admin Will Ultimately Support Crypto - Circle CEO

Joe Biden and Kamala Harris, the vice president-elect.

Ripple Planning Aggressive Expansion of XRP Remittance Platform in 2021

Ripple’s senior vice president of product management and corporate development says the payments firm is planning a major expansion of its XRP remittance platform next year.

Another mainstream company is seeking approval to invest in crypto

Anthony Scaramucci's investment firm, SkyBridge, seeks approval from the SEC to invest in crypto. Investment firm SkyBridge, founded by former Goldman Sachs' vice president Anthony Scaramucci, is one of the latest companies looking to invest in cryptocurrency. The company is putting together a hedge fund that includes Bitcoin (BTC) investment, according to a United States Securities and Exchange Commission, or SEC, filing from Friday.

As US election dust settles, crypto traders and analysts eye new administration

Traders and analysts across the Twittersphere and beyond chime in on crypto's future While some in the community continue to question the outcome of the US Presidential election, mainstream media outlets and the Associated Press have definitively called the race for former Vice President and current President-Elect Joe Biden.  But with uncertainty out of the way, traders and analysts are now looking to determine what a Biden administration will mean for cryptocurrencies — and they appear to have come to a loose consensus that a President who says nothing about crypto is preferable to a president who actively disparages it.

CEO of crypto derivatives exchange FTX donated $5M to Biden campaign

The "relative newcomer" to politics joined other major CEO donors to the Democratic candidate. Sam Bankman-Fried, the CEO of Hong Kong-based cryptocurrency derivatives exchange FTX, donated $5.2 million to vice president Joe Biden's presidential campaign. As The Wall Street Journal reported on Oct.

Leading South Korean Hospital Group Readies Blockchain Move

South Korean hospitals could be set to usher in a new era of industry 4.0-era healthcare, and will look to use blockchain technology to upgrade the quality of the medical care they provide. Taking the lead is one of the country’s most prestigious hospital groups, Yonsei Medical Center, whose Vice President Yoon Dong-seop – also the Vice President of the Korean

Former Visa exec joins Crypto.com to drive Latin American market

Traditional finance execs are increasingly moving into crypto positions. The cryptocurrency industry welcomes another high-profile executive from traditional finance. Filomena Ruffa, a former vice president of innovation and strategic partnerships at Visa’s Latin America division, has joined Crypto.com to expand the company’s Latin American market. According to an Oct.

Tezos long-term Price Analysis: 26 October

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be considered investment advice Tezos has struggled to relive itself from the vice grip of the m The post Tezos long-term Price Analysis: 26 October appeared first on AMBCrypto.

PayPal de-platforms conservative domain registrar over ‘alternative currency’

Epik domain registrar claims the move is politically motivated to silence conservative voices. PayPal has terminated its services to domain registrar Epik, allegedly due to a risk of money laundering through its “alternative currency” Masterbucks, according to an article on Mashable. However, in a series of open letters, Robert Davis, Epik’s senior vice president of strategy and communications has suggested that the motive behind the move is to de-platform conservative voices. Epik notably provides domain services to Gab and the Proud Boys, among other far-right websites.

China's Vice President Wang Qishan: World Economy In Deep Recession, Finance Is The Core of Modern Economy

During Qishan Wang's speech, the Vice President of the People's Republic of China gave an overview of the world trend in economic development and finance.

Blockchain is still far from maturity, says China’s former IT minister

He doesn't seem to think China is that far ahead of the USA when it comes to blockchain development — at least for now. Wu Zhongze, China's former vice-minister for Science and Technology and a well-known digital economics expert, believes that blockchain technology is still quite young. During an interview with The Paper, the former IT minister also stated that there was still “not much difference between where China and leading economies such as the United States and Europe” stand in terms of developing blockchain-based ecosystems. Wu noted, however, that China has improved across a number of sectors that are necessary for blockchain development, including hardware manufacturing, platform and security services, industry investment, and financial development, adding: "With the innovative development of blockchain technology and industry, its application is accelerating, and the scale of the industry continues to increase.

Chinese Firms Could Take Global Blockchain Lead, Says Former Minister

A former Chinese IT minister says blockchain is still in its infancy and Chinese firms are poised to take the global lead – while there is also evidence to suggest that China’s mega tech companies are making steady progress with their blockchain projects. Per The Paper, Wu Zhongze, a leading digital economics expert and the former Chinese Vice-Minister for Science and

Ledger wants to help MicroStrategy secure its $400m Bitcoin treasury

Square's SubZero cold wallet is great, but Ledger Vault is better says the company's VP of Product. Ledger is mostly known for its consumer-facing hardware wallets, but since last year, a number of enterprises have also begun to use Ledger Vault, according to the company’s vice president of product, Jean-Michel Pailhon. This product is focused on providing custody solutions to enterprise clients.  In fact, the Ledger team is currently trying to sell MicroStrategy on the advantages of its product.

Coinbase VP of Business and Data Will Leave Over Mission Statement

In a LinkedIn post, Vice President of Business and Data Dan Yoo announced he is leaving the company after CEO Brian Armstrong's blog post saying the company was moving in an ‘apolitical’ direction and later offered a severance package for employees who disagreed.

Senior Japanese official fears China being ‘first-mover’ in digital currency

China might gain control over global CBDC standards, a Japanese official warns. Japanese banking officials continue to voice concern over China’s progress in the development of its central bank digital currency. Kenji Okamura, vice-finance minister for Japan’s international affairs, warned the global community of the potential risks of China’s digital yuan, Reuters reported Oct.

Fraudsters are switching from credit cards to Bitcoin, says consumer protection company

Scammers are taking advantage of one of Bitcoin's strengths, as once lauded by Satoshi Nakamoto. Fraudsters are taking advantage of the irreversible nature of crypto transactions, says MyChargeBack’s vice president of global operations, Michael Cohen.

EU Goes for Crypto Regulations Slam Dunk

Valdis Dombrovskis (on the left), Executive Vice-President for an Economy that works for People at the European Commission.

Chamath Palihapitiya’s Social Capital Holds Bitcoin From 2013 Amid Talk of Public Listing

Social Capital, the Silicon Valley venture capital firm started by an early Facebook vice president, has held bitcoin since 2013.

Former HSBC, Citigroup, Merrill Lynch Execs Start $50M Crypto Fund

Liquibit Capital is also said to be managed by a former Barclays Capital vice president and two current JPMorgan and Wells Fargo technicians.

A Gov official in South Korea proposed the nation’s first blockchain voting platform

This region in South Korea may adopt a blockchain voting system. On September 11, the head of the Seocho regional government proposed a blockchain-powered voting platform for residents, and praised the recent influx of crypto-related developments across the country. According to UpDown Korea, Cho Eun-hee, who is the local government leader of one of Seoul’s most affluent districts, believes that it is the “right time” to start using blockchain technology, “so any citizen can easily propose their opinions.” The official from Seocho called on the country to take on a greater role in our “rapidly changing modern society” in the wake of the coronavirus pandemic, referring to recent decentralized innovations as the “fourth industrial revolution.” If his proposal becomes a reality, it would be the first blockchain platform in the country that would allow citizens to decide on local political affairs. Cho also stated that blockchain technology is the most “suitable for upgrading democracy”: "In the future, we plan to realize a direct democracy that everyone can trust by actively introducing blockchain to prevent security and forgery, and to this end, various businesses such as a blockchain academy that combines blockchain and administration, and smart senior business will be implemented." The government official believes that the district’s efforts could be “the foundation of a nationwide” blockchain adoption in the country, and that such a platform could allow citizens to engage in secure political discourse. Back in April, the Vice Minister of Strategy and Finance, Koo Jun-cheol, said that the blockchain market represents a “golden opportunity” for the country.

Latin America sends a ton of crypto to Asia, and vice versa

Latin American companies are looking towards crypto as an escape from the banking system. New York-based blockchain analytics firm Chainalysis has published new research highlighting there have been up to 200,000 crypto transactions in the past year, worth more than $1 billion between Latin America and Asia. The study Latin America Mitigates Economic Turbulence with Cryptocurrency, analyzed crypto trends in Latin America between July 2019, and June 2020, and shows that banking access issues and the need for remittances are driving unique patterns of cryptocurrency usage, especially in crossborder commercial-related transactions. While North America and Western Europe are the biggest source of fiat remittances to Latin America, East Asia transactions lead the way in the volume of crypto transactions.

CoinMarketCap execs resign four months after Binance acquisition  

CoinMarketCap Chief Executive Officer Carylyne Chan and Vice President Spencer Yang have departed from the leading cryptocurrency price tracking company.

CoinMarketCap's CEO Resigns Four Months After Binance Acquisition

CoinMarketCap's interim CEO Carylyne Chan quits, along with two vice presidents.

Geopolitical risks prevail as new players emerge in the crypto mining space

China is not the only country that wants control of this highly coveted industry. Taras Kulyk, Senior Vice President of Blockchain Business Development at Core Scientific, says that the countries competing to become leaders in the Blockchain space vary greatly in what they can offer to crypto miners. During an interview with Cointelegraph, Kulyk stated that global diversification of hashrate has been increasing as countries around the world vie for control of the crypto mining industry. Kulyk believes that China has been a desirable hub for crypto mining due to specific factors it enjoys, specifically the low cost of labor, access to units, and decreased cost of power during the rainy season, but he clarified: “One key economic concern driving recent crackdowns by authorities is theft of power which local politicians then have to clamp down.

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.

Goldman Sachs Is Hiring a New VP of Digital Assets

Goldman Sachs has put the word out it is seeking a new VP in the London-based Digital Assets team within its Global Markets Division. Investment banking giant Goldman Sachs is hiring a new vice president in the Digital Assets team within its Global Markets Division in London. According to a recent job posting on the investment firm’s website, the new VP will work with the Digital Assets team in “defining and executing Goldman Sachs’ distributed ledger technology (DLT) and blockchain efforts firmwide, including any potential initiatives in the cryptocurrency space.” The role requires that any applicants be able to identify opportunities where blockchain and DLT digital assets can add value. The current global head of digital assets for Goldman Sachs is Mathew McDermott, who assumed the role on Aug.