Digital monetary system Kinesis is offering investors a yield on precious metals, a history-making event.
If you’re looking for a knock out, there’s going to be on in Dubai, United Arab Emirates. The world’s first boxing match with cryptocurrency as the only monetary transaction unit took place yesterday. Organizers sold tickets for KokoSwap. Count to 10.
Digital artist FEWOCiOUS collects $2.16 million for NFT sale at Christies. The artist sold five non-fungible tokens as a collection under the title “Hello, i’m Victor (FEWOCiOUS) and This Is My Life.” See the collection here.
News and Other Cryptofodder
In May, Coinbase CEO Brian Armstrong met with Federal Reserve Chair Jerome Powell. No word on the specifics of the discussion, but former Speaker of the House Paul Ryan was present.
Read Brian Armstrong’s complete Twitter monologue here.
Funny, Coinbase is well-known as one of the largest centralized crypto exchanges on the market, but a blog post published on June 29 is titled “Embracing decentralization at Coinbase.” In the post, penned by Armstrong, Coinbase announced ways it was going to push the envelope on decentralization in the future. One of those ways is to build an Apple-like app store. What do you think about that? Leave a comment below and let me know.
Strike, a payments platform, is offering its customers zero-fee bitcoin trading.
Man who hooked up with a date on Grindr found himself being grinded by a scammer. He ended up losing 20,000 British pounds. Be careful who you date.
A building contractor in Nashville is encouraging clients to pay with cryptocurrency by offering a 10 percent discount. Can you say, “Extra bathroom?”
Green energy in bitcoin mining jumped 56 percent in June. Does anyone think Elon Musk will now shut his trap?
SoftBank has invested $200 million into Latin American cryptocurrency exchange Mercado Bitcoin.
More Cryptofodder
South Korea gets tight on crypto regulation.
Meet the Son of Dogecoin. Elon Musk tweets about it. The price rose 98 percent after Musk’s mouth moved. But why invest in baby when mama can earn you 7.4 percent interest. De do do do De da da da … that’s all I want to say to you.
Iran wants to make money from cryptocurrencies. So what do they do? Ban them and reward bitcoin miners with cheap power in exchange for said miners selling crypto to the central bank. Hey Iran! Money wants to be free.
FinCEN wants to focus its energy on cryptocurrencies because, well, that’s where the crime is. Isn’t it?
USDC has launched on the Tron blockchain. Within two days, the stablecoin surpassed $100 million. Could it pass Tether as the stablecoin with the highest market cap? Oh, and Centre has plans to expand USDC to 10 more blockchains.
Thailand goes after Binance, criminally. They’re not very well liked in the Cayman Islands either, evidently. The UK has also banned Binance. What the hell is going on?
Hunter Webb tells you how to get rich with cryptocurrency.
Looking for property in Cape Town? You can own fractional shares and, if you maintain a minimum number of tokens, can have user rights too.
China is shutting down bitcoin mining shops.
Robinhood filed for IPO and revealed in its paperwork that 9.5 million customers traded $88 billion in cryptocurrency in the first quarter. Dogecoin amounted to 34 percent of the platform’s crypto revenue.
JPMorgan says Ethereum upgrade could turn staking into a $40 billion industry by 2025. And on that front, Ethereum now has more active wallets than Bitcoin. Some prognosticators are predicting ETH’s price to hit $20,000 by 2025. De do do do …
Germany has a new law that could open up $415 billion in cryptocurrency investments.
Finally, I’ll Leave You With This
Could bitcoin be facing its largest ever negative difficulty adjustment?
