Bitcoin Magazine News

‘DeFi Will End Poorly’ Without Protections: SEC Chair Gary Gensler

The emerging decentralized finance (DeFi) industry is one of the most innovative areas in crypto, according to the U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler. [...]

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25 October 2021 14:42

‘I Don’t Get the Appeal’ Of Some NFTs: FTX CEO Sam Bankman-Fried

Sam Bankman-Fried, CEO of cryptocurrency exchange FTX, has admitted he doesn’t fully understand the appeal of the non-fungible token (NFT) market.  That’s not due to any flaw [...]

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25 October 2021 14:19

Solana Rises 10%, Overtaking XRP

Ethereum competitor Solana flipped the market cap of XRP, becoming the sixth-largest cryptocurrency in the world, according to data aggregator CoinGecko.  Solana currently trades at $209.58, up [...]

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25 October 2021 12:41

Polymarket Under CTFC Probe for High Profile Crypto Bets

Polymarket, a self-described “decentralized information markets platform”, is facing a probe from the Commodity Futures Trading Commission (CFTC) for possibly falling foul of U.S. trading regulations, per [...]

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25 October 2021 11:49

How EX Sports NFTs Are Changing The Game for Niche Athletes

Freestyle footballer Séan Garnier could teach the Premier League a thing or two. Indeed, some of the world’s most famous soccer players have joined Garnier’s millions of [...]

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25 October 2021 11:46

Competing Bitcoin ETFs Gear Up For ‘Brutal Fee War’

What once seemed a remote possibility, is now an accelerating reality as two U.S.-listed exchange-traded funds (ETFs) tied to Bitcoin futures debuted on Wall Street last week. [...]

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25 October 2021 10:59

Dogecoin, Shiba Inu Ride the Elon Musk Hype Cycle

Tesla CEO and some-time Saturday Night Live guest Elon Musk has once again shifted the already volatile cryptocurrency markets with a series of tweets, causing the prices [...]

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25 October 2021 10:31

Facebook Whistleblower Bought ‘Crypto at the Right Time’ and ‘Fine for the Foreseeable Future’

Frances Haugen, a former Facebook product manager-turned whistleblower, told the New York Times she is “fine for the foreseeable future” because she “bought crypto at the right [...]

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25 October 2021 10:28

Fidenza Artist Sells $7M Worth of Ethereum NFTs Buyers Haven’t Seen Yet

Think of it like a mystery box preorder—worth millions of dollars.  Tyler Hobbs, whose “Fidenza” digital artworks have generated more than $150 million in trades to date [...]

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24 October 2021 20:10

Edward Snowden Slams Sam Altman’s Worldcoin: ‘Don’t Catalogue Eyeballs’

As issues with cyber safety and data leaks spread, a much-hyped new crypto project from Y Combinator founder Sam Altman aims to mitigate scams and breaches caused [...]

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24 October 2021 16:54

The Bizarre Rise of the ‘Bitcoin Citadel’

In 2013, a Redditor going by the name Luka Magnotta—hopefully not the convicted Canadian murderer—delivered an ominous fantasy of a future in which Bitcoiners reign supreme. Posing [...]

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24 October 2021 14:01

Why Do You Think It’s Called Discord?

I don’t recall exactly when Ryan Bubinski started berating me about migrating to Discord. Most likely his Discord blitz began during one of our many-times-a-day Zoom meetings [...]

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24 October 2021 13:01

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