summary Compass Coffee collaborates with Coinbase to introduce cryptocurrency payments at their D.C. location. Customers can enjoy a significant 90% discount on purchases made with USDC. Additionally, patrons receive a one-of-a-kind NFT, serving as both a collector’s item and a coffee voucher. This pioneering initiative highlights the efficiency and economic advantages of stablecoins and blockchain…

Steve Wozniak, the co-founder of Apple, achieved success in his legal battle against the social media behemoth YouTube for unauthorized usage of his likeness in videos promoting a Bitcoin scam in 2020. Subsequently, a San Jose appeals court overturned a prior ruling that absolved YouTube of any responsibility. In a case involving Apple co-founder Steve…

summary Renowned member of the Wu-Tang Clan, Ghostface Killah, has revealed plans to unveil his music-themed project, Ordinal Inscriptions, on the Bitcoin blockchain. The announcement signals a significant advancement in utilizing blockchain technology for distributing and preserving artistic content. This move opens up a realm of future possibilities for integrating cryptocurrencies and blockchain technology into…

summary The National Agency for Prospective Projects (NAPP) of Uzbekistan has declared a significant rise in operational fees for participants in the crypto market, set to take effect on June 20, 2024. Against the backdrop of evolving regulatory measures and international engagements, such as a prominent collaboration with Tether, Uzbekistan is intensifying its control over…

According to a recent update on the Ethereum Foundation’s GitHub repository, the Switzerland-based non-profit organization responsible for the creation and ongoing development of the Ethereum blockchain is currently under investigation by an undisclosed “state authority.” A GitHub commit made on February 26th states, “we have received a voluntary inquiry from a state authority, which includes…

In the United States, Bitcoin spot ETFs are exhibiting a decline in momentum, evidenced by Tuesday’s record-breaking daily net outflow since their introduction. These ten funds collectively experienced a significant outflow of $326 million, equivalent to 5,117 BTC in total. This marks the second consecutive day of outflows, following a loss of $154.4 million, or…

SEC Chair Gary Gensler is under heightened scrutiny for his stewardship of the federal agency, following a hearing held by the U.S. House Committee on Financial Services (HCFS) on Monday. During the hearing, the committee examined the possibility of SEC reform and raised questions about the agency’s recent activities. Representative French Hill strongly criticizes Gensler’s…

Two notable projects are garnering attention for their inventive strategies and lofty aspirations. Injective Protocol’s fusion of the Ethereum Virtual Machine (EVM) with Cosmos aims to connect two significant blockchain ecosystems, while Cardano is poised to challenge Borroe Finance ($ROE), an AI token, with ambitious growth plans for 2024. Injective is pioneering the connection between…

As the general election in South Korea draws near, political factions are intensifying their efforts to court support from the burgeoning community of crypto investors, recognizing their growing influence as a pivotal voting bloc. Reported by the local media outlet JoongAng Daily, these parties are acknowledging the importance of formulating policies pertaining to cryptocurrencies, given…

Amidst Argentina’s recurrent economic challenges, there’s a notable transformation unfolding in how its populace secures their financial assets. Faced with persistent inflation eroding the value of the peso, Argentinians are progressively embracing Bitcoin as a bulwark against the diminishing purchasing power of their currency. This emerging pattern suggests a significant shift, one that could potentially…