Closing Time for Bitcoin’s Iconic Room 77 – ‘And That’s OK,’ Says Owner
Room 77 originally opened as a side project, until Bitcoin came and made it an icon. Now, the first bar to ever accept bitcoin is closing.
“Check Out Thorchain (RUNE),” ShapeShift CEO Erik Voorhees Says
The chief executive officer of ShapeShift, Erik Voorhees, is cementing himself as a fan of the DeFi space. Decentralized finance (DeFi) has gained many supporters over recent months, Voorhees being one of them. He is an early adopter of Bitcoin that became one of the first public investors and innovators in the space. Related Reading:…
The Great Financial Reset: IMF Managing Director Calls for a ‘New Bretton Woods Moment’
As the global economy shudders from the disastrous effects of central planning, the International Monetary Fund (IMF) managing director in Washington, DC, Kristalina Georgieva is calling for a “new Bretton Woods moment.” Georgieva spoke about the juncture on October 15, and she stressed today’s economic hardships are the same as the difficulties the world faced…
Bitcoin Adoption Soars in Turkey Amid High Inflation, Lira Hitting Record Low
People in Turkey are increasingly turning to bitcoin as the local currency, the Turkish lira, recently hit another record low against the dollar. Bitcoin adoption in Turkey outshines other countries in the region. Turkey Is Regional Leader in Bitcoin Adoption Bitcoin adoption has been increasing in Turkey as the local currency, the Turkish lira, hit…
48-Hour Stimulus Deadline: US Lawmakers Race to Approve Second Stimulus Checks Before Election
Amid the intense stimulus relief aid discussion, House Speaker Nancy Pelosi has set a deadline for the White House to come to an agreement on the next stimulus package which provides a second round of stimulus checks for Americans. Meanwhile, the Senate is set to vote on a smaller stimulus bill without direct payments this…
Filecoin Miners Go On Strike One Day After Mainnet Launch, Prompting Early Reward Release
Some of the largest Filecoin miners stopped mining on Saturday, complaining the project’s mining incentive scheme has made it impossible for the miners to start operations.
Pelosi Says It’s Tuesday or Bust if White House Wants a Pre-Election Stimulus Package:...
The Democratic House Speaker said if a deal isn't reached by Tuesday evening, a package won't be likely before Nov. 3.
Crypto Long & Short: The OKEx Drama Exposes a Weakness in Crypto Market Infrastructure
The OKEx drama shows just how immature crypto markets are compared to traditional ones, but it also highlights their overall resilience.
Analyst Who Predicted V-Shaped Reversal Thinks Bitcoin Will Hit $12k
Bitcoin has faced a slight reversal since the highs of $11,750 set a number of days ago. The coin currently trades for $11,350 as of this article’s writing, 3.4% below the highs. Analysts remain optimistic despite the price reversal. One historically accurate analyst that has called a number of pivotal movements in the Bitcoin price…
Yearn Finance Founder Blames Social Actors for Role in the EMN Token Hack
Yearn Finance founder Andre Cronje suggests he did not mishandle the Eminence (EMN) project’s economic exploit, which he insists functions well. He accuses certain social actors of creating a story around EMN that caused rational actors to jump onto the token. Cronje’s comments follow reports that a group of defi community members planning to sue…
