Square CEO, Twitter founder, and long-time Bitcoin advocate Jack Dorsey has high hopes cryptocurrency will help bring about world peace. “My hope is that it creates world peace or helps create world peace,” he said during a “The B Word” conference on Wednesday. Tesla CEO Elon Musk and ARK Invest founder Cathie Wood were also…
The U.S. Department of State is first offering to pay a bounty in crypto worth up to $10 million (315 BTC) in exchange for relevant intelligence regarding cyberattacks organized by foreign governments. The Rewards for Justice program operated by the Diplomatic Security Service was announced in a July 15 statement. The payment would be provided…
Every once in a while it helps to stop, get away from the hustle and bustle of exchange rates and new tokens, look around and try to understand the role of cryptocurrencies in the world today and what it will be in 10 or 20 years. After all, everyone seems to have already realized that…
Californian nuclear energy provider Oklo announced its 20-year partnership with the Bitcoin mining firm Compass. According to a release, the first phase of the partnership will start in the early 2020s providing Compass 150MW of nuclear-generated energy for crypto mining. “Cryptocurrency mining offers promising pathways to accelerate the deployment of clean energy technologies, and Oklo…
Treasury Secretary Janet Yellen told regulators Monday that the U.S. government must move quickly to establish a regulatory framework for stablecoins, a rapidly growing class of digital currencies. The President’s Working Group on Financial Markets expects to deliver regulatory recommendations for stablecoins in the coming months. According to Reuters, Treasury Secretary Janet Yellen held a…
Bitcoin price fell Tuesday below $30,000 for the first time since last month, which drags down other digital currencies as investors worldwide fret about the Delta variant and the next stage of the COVID-19 pandemic. According to CoinMarketCap data, the whole cryptocurrency market lost about $89 billion in 24 hours. However, Glassnode’s report indicates large…
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