Games that use blockchain technology or let users exchange NFTs or cryptocurrencies won’t be allowed on Steam, according to a rule added to Valve’s “What you shouldn’t publish on Steam” list. The Verge reports: The change was pointed out by SpacePirate…
Ted Cruz Says Bitcoin Mining Can Fix Texas’ Crumbling Electric Grid
An anonymous reader quotes a report from Motherboard: Texas’ energy grid has problems. Those issues were laid bare this past winter when a storm put the state in a deep freeze, causing blackouts for millions and killing hundreds of people. Sen. Ted Cru…
$7 Trillion Worth of Stocks Are Exposed to Crypto Risks
Attention institutional investors: Whether you’re a bonafide and laser-eyed true believer or a skeptical holdout, the risks from cryptocurrencies could be steadily “creeping” into your portfolio, according to MSCI. From a report: At least 52 companies …
Ted Cruz says bitcoin will stabilize Texas electric grid—here’s why he’s wrong
Numbers and potential incentives just don’t add up.
Stripe Is Hiring a Crypto Team 3 Years After Ending Bitcoin Support
Payments company Stripe has begun assembling a crypto engineering team to chart its future in digital assets. CoinDesk reports: The team — described in LinkedIn posts and job listings — will be run by Guillaume Poncin, Stripe’s former head of enginee…
Crypto remittances are a lifeline for the world’s most vulnerable
Crypto has already revolutionized remittances in unstable, conflict-ridden places. Afghanistan presents a textbook use case for cryptocurrencies in failed states.
White House Weighs Wide-Ranging Push For Crypto Oversight
An anonymous reader quotes a report from Bloomberg: The Biden administration is weighing an executive order on cryptocurrencies as part of an effort to set up a government-wide approach to the white-hot asset class, according to people familiar with th…
Shooting for greater privacy in DeFi, Sienna Network launches SiennaSwap
The rise of privacy-oriented financial blockchain projects are going to be crucial if “DeFi” (decentralized finance) is to have any kind of future. We have come to expect privacy in our “normal” financial lives, so we will expect it in the blockchain and Crypto world, whatever some might claim. We saw murmurs of that starting […]
US Presses Crypto Exchanges To Block Ransomware Profits
The Justice Department is creating a new team to investigate and prevent hackers from using cryptocurrency exchanges to remain anonymous while extorting money from victims of their attacks, Deputy Attorney General Lisa Monaco said Wednesday. From a rep…
Bitcoin Set To Become Legal Payment in Brazil
Brazil’s Federal Deputy Aureo Ribeiro has revealed that Brazilians could soon be able to buy houses, cars and even McDonald’s with Bitcoin. From a report: The South American nation is preparing to vote on a cryptocurrency regulation bill which is expec…