Norton 360 to offer a crypto wallet and Ethereum mining feature. I’d be curious to know what Jay Leno thinks about that!
And Square may be coming out with its own crypto wallet soon.
Not to be outdone, Chinese smartphone OnePlus could introduce a crypto wallet of its own.
Ripple v. SEC, Tesla v. Daymak
Ripple accuses the SEC of changing its tune. The company requested documents from overseas crypto exchanges in its ongoing fight against the securities regulator. Meanwhile, Ripple has transferred $420 million in XRP to former CTO Jed McCaleb.
The big news in the last couple of weeks was Tesla’s backtracking on its plans to accept bitcoin for payment for its electric cars. This week, another electric vehicle maker has designed a three-wheeler that will mine cryptocurrency. The Daymak Spiritus mines Dogecoin, Bitcoin, and Ethereum while parked.
12 ways businesses can adopt crypto.
Bloomberg says bitcoin could hit $100,000 in 2021. Yet, some cities are still wary of bitcoin’s high energy cost.
Bitcoin 2021 descended upon Miami this weekend. At the conference, a U.S. congressman and senator join forces to stress the importance of privacy in crypto wallets.
Is decentralized finance fueling the current crypto boom?
Kraken debuts U.S. crypto trading app.
BitPay celebrates 10 years as a payment processor.
Unchained Capital has raised $25 million.
The Biden Administration could use crypto—for better or for worse—to fight what it calls “illicit finance.”
Binance U.S. CEO says Elon Musk is good for crypto. Do you agree?
A Pennsylvania woman sued T-Mobile claiming the phone service carrier provided access to her phone account to a crypto scammer in a SIM swapping scheme. The woman lost $20,000 in a Coinbase account. I don’t know if this is a testimony to the craftiness of crypto criminals or the failure of cell service carriers to realize what century we’re living in.
Meanwhile, young Pennsylvanians share why they’re investing in crypto.
IOTA claims to have achieved full decentralization status. From the IOTA 2.0 website:
The removal of the Coordinator alone is not sufficient for achieving decentralization. In fact, the consensus mechanism originally proposed in the IOTA white paper required that the majority of transactions always come from honest network participants. In other words, honest actors would need to own a majority of the network’s hashing power. However, without miners, IOTA has no concept of constant, honest hashing power. The implication is that honest nodes would need to send a continuous stream of transactions, regardless of whether they are actually using the network.
Are cryptocurrencies like Beanie Babies? This analyst says they are.
How cryptocurrencies are impacting the casino industry.
Google updates its policy on advertising for digital currency firms. Among the new requirements are mandatory registration with FinCEN or chartered as a bank entity.
The 5 hottest cryptocurrencies on Twitter this month.
The SEC has targeted five promoters of BitConnect.
Let The Nations Rage …
Take a tour of 10 nations’ digital currency projects.
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Bank of Ghana enters advanced stages of digital currency plans.
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China leads the way in digital currency adoption. But will Chinese shoppers go full digital?
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The Reserve Bank of India still has concerns about cryptocurrency.
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In Australia, the tax office wants citizens to know that crypto profits are not tax-free. And AUSTRAC issues its guidance.
This post was first published by Cryptocracy at Substack.
Not intended to be financial advice. Please seek a financial advisor before making any crypto investments.
