Blockchain and charity: How to restore trust in philanthropy

    Charity initiatives reflect our humanness in a world too much focused on individualism and consumerism. However, trust in charitable organizations and nonprofits has declined drastically over the last few years. Many businesses and individual influencers use giving for branding and promotion, often ignoring to ensure their funds reach the destination accordingly. The latest “Trust in Civil Society” report by Independent Sector…

    BitMEX co-founder predicts Bitcoin surge amid dollar liquidity rise

    BitMEX co-founder Arthur Hayes is bullish on Bitcoin. Hayes shared his thoughts on X Alongside a chart depicting net reverse repurchase agreement (RRP) and treasury general account (TGA) balance changes, Hayes referred to United States Treasury Secretary Janet Yellen as “Bad Gurl Yellen.” In the X post, Hayes encouraged fellow Bitcoin enthusiasts to stay focused, highlighting a…

    UK regulator advocates for asset managers to tokenize funds

    Investment managers in the United Kingdom are receiving regulatory support to leverage blockchain technology for the tokenization of funds, breaking away from conventional record-keeping systems. In a recent report published by The Investment Association (IA), it argued that fund tokenization – which refers to issuing tokenized units or shares on distributed ledger technology (DLT) – will lead to…

    Blockchain devs expect complications from EU smart contract kill switch

    The Data Act — a contentious piece of European Union legislation that includes a clause requiring the ability to terminate smart contracts — has been approved by the European Parliament. If introduced, the legislation will require a smart contract to have a “kill switch.” In a Nov. 9 press release, the parliament announced that the legislation…

    Crypto documentary ‘Bull Run’ takes on Bitcoin, tokenization and trading addiction

    The film industry has been suggested by many as one of the next frontiers of Web3 and blockchain technology. With movies historically funded by wealthy investors or centralized production companies, blockchain offers a unique set of tools to decentralize the investment process. Filmmakers can launch projects quicker, and individuals can have a stake in the…

    Jim Cramer admits he was wrong about Bitcoin — ‘I was premature’

    Markets commentator Jim Cramer has tacitly admitted he was wrong about Bitcoin, saying he was premature in calling for investors to sell the cryptocurrency. In a Nov. 22 segment of his CNBC Mad Money show, Cramer responded to a caller who inquired about buying shares in Bitcoin miner CleanSpark, saying that anyone who likes Bitcoin should increase…

    ‘Strap yourselves in’ — Bull market coming early 2024, say crypto exchange heads

    The market has already entered the first phase of a major rally, with the number of people buying crypto trickling upward which is expected to accelerate early next year, say the heads of Australia’s largest crypto exchanges. Independent Reserve CEO Adrian Przelozny told Cointelegraph he expects market activity to see an uptick in early 2024…

    Bitcoin to $1M post-ETF approval? BTC price predictions diverge wildly

    Bitcoin may not reclaim $40,000, despite increasing excitement over a spot exchange-traded fund (ETF). In recent analyses, crypto market participants have started to reconsider just how bullish the ETF narrative really is for BTC price action. Trader: “Not sure” BTC price will reach $42,000 The dust continues to settle on the United States vs. Binance regulatory bombshell,…

    Kraken co-founder hails ‘more fair’ playing field as DOJ fines Binance

    Kraken co-founder Jesse Powell has welcomed the result of the Binance investigation in an X (formerly Twitter) post and has highlighted the need for long-term-oriented visionaries and shareholders. Over the last 12 months, leaders of major crypto exchanges, such as FTX and Binance, have come under federal scrutiny by United States government agencies for allegations…

    Former Coinbase exec posits blockchain-driven vision of future societies

    The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level. Conference speakers and attendees gathered to discuss and debate whether a new form of decentralized country is possible. The conference kicked off with an…