Author: CryptooTimes
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. The cost-of-living crisis has lasted far longer than initially expected. Despite global inflation approaching typical levels, individuals continue to contend with rising costs unseen in decades while wages lag. So, how are people getting creative to earn supplemental income during challenging times? For years, Airbnb has offered individuals an alternative means of earning extra income by renting out their homes or spare rooms, providing another avenue for supplementing their earnings. Being founded in the wake of the…
The American Bankers Association claims that United States President Joe Biden’s move will “harm investors, customers, and ultimately the financial system.” Source link
A $25 million donation from Andreessen Horowitz (a16z) hit the campaign coffers of the industry’s U.S. political action committee (PAC), according to a Thursday announcement from the firm, putting the amount raised by some of crypto’s biggest names at about $136 million and potentially elevating the sector to the upper echelon of campaign donors. Source link
Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. Panelists Tim Bailey, VP of Global Business & Operations, Red Date Technology, William Quigley, a cryptocurrency and blockchain investor and co-founder of Wax and Tether, and I, Selva Ozelli, were honored to be invited to join the Eurasia Blockchain Summit with our panel discussion on the “Future of Tokenization.” Tim Bailey indicated that while tokenization is still in its early stages, Red Date Technology is one of the co-architects of a new global digital infrastructure for digital…
Users imply that the unnamed VC firm’s actions had revealed its significant influence, which could be seen as a mistake, undermining the decentralized values. Source link
A lot has changed since Bitcoin’s release 15 years ago. Many other distributed database networks have been created, each with its own functionality and potential use cases. Source link
Binance founder Changpeng Zhao has reportedly arrived at a low-security federal prison in Lompoc, California, to begin his four-month sentence. The news was confirmed by his legal team from Latham and Watkins, according to CNBC. EljaBoom, a well-known blockchain influencer and crypto investor, also shared the update on X. Referring to Zhao as his “friend,” Boom stated that the former Binance CEO had started his prison sentence in a low-security federal prison in Lompoc, California. “Low security means prisoners have more freedom because they are not considered dangerous and are trusted not to escape,” he added. CZ started his prison…
The United States Securities and Exchange Commission “is serious about the destruction of digital assets,” according to cryptocurrency exchange Coinbase. Source link
Alexandra Damsker, author of “Understanding DeFi,” argues that the shifting nature of tokens means that agencies like the SEC and CFTC are incapable of regulating crypto effectively. Source link
Hong Kong police have officially disclosed a significant increase in the use of cryptocurrencies in fraud activities between 2022 and 2023. Since mid-2023, Hong Kong has become a favorable location for cryptocurrency trading, supported by a systematic regulatory framework. This distinguishes it from mainland China, where all crypto trading has been banned since December 2021. Hong Kong police data show that the number of crimes involving virtual assets has increased sharply from 2,336 cases in 2022 to more than 3,415 cases in 2023, involving a total amount of HK$4.3 billion, of which more than 90% were fraud cases. https://t.co/GX72bFN00R— Wu…
