“According to a new International Money Fund (IMF) report, cryptocurrency is much more popular in countries with insecure currencies and corrupt governments…” reports The Street, adding that the report concludes “the best way forward is not fight, but to learn how to better regulate cryptocurrency.” The IMF surveyed more than Read more…
Meta may have given up on its Diem cryptocurrency, but the company is still exploring finance products, according to a new Financial Times report. The parent company of Facebook and Instagram reportedly has a few irons in the fire, including virtual currency employees have apparently taken to calling “Zuck Bucks.” Read more…
Almost half of all cryptocurrency owners in the United States, Latin America and Asia Pacific purchased the digital assets for the first time in 2021, according to a new survey from U.S. cryptocurrency exchange Gemini. The survey of nearly 30,000 people across 20 countries, which was conducted between November 2021 Read more…
The U.K.’s top regulator has been cracking the whip on crypto companies, but the government just sent a strong message on its blockchain game plan: The British are coming. The U.K. government on Monday unveiled a big push into crypto, including a plan to mint its own NFT. From a Read more…
Bitcoin hit a milestone Friday “that gets the world ever closer to the moment when the final new bitcoin will enter the world,” reports Axios. “The supply of coins broke 19 million…” “Bitcoin is hard-coded so that it has both a predictable emission schedule and a hard cap of 21 Read more…
Texas has started requiring new large-scale cryptocurrency miners to seek permission to connect to the state’s power grid in anticipation of a flood of requests expected to drive up electricity demand. The Electric Reliability Council of Texas is requiring utilities to submit studies on the impact of miners and other Read more…
“To wake up to one of these things is pretty special — to have a Leonardo at home,” said Joe Kennedy, the director of the contemporary art dealership Unit London, enthusing recently about an elaborately framed LED screen with a digital replica of Leonardo da Vinci’s “Portrait of a Musician” Read more…