February 6, 2022

Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees

Ethereum Co-Founder Vitalik Buterin Discusses Proposal to Alleviate Network’s Congestion, High Fees

Ethereum’s co-founder, Vitalik Buterin, and developer Tim Beiko have been discussing a proposed solution to the data transfer gas problem and current scaling issues. Buterin talked about adding a feature like “blob-carrying transactions” in a “near-future hard fork.” ‘Blob-Carrying Transactions’ The price of ethereum (ETH) has moved northbound during the last two weeks, climbing more …

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Paxful Launches Bitcoin Education Center In El Salvador

Paxful Launches Bitcoin Education Center In El Salvador

The crypto payment gateway Paxful has opened “La Casa Del Bitcoin” in the heart of El Salvador’s capital city.   Salvadorans still lack knowledge about crypto assets Although El Salvador became the first nation to adopt Bitcoin as legal tender in the last year, 90% of the inhabitants of the Latin American country describe their knowledge of …

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Apple reportedly preparing low-cost iPhone, iPad for March launch

Apple reportedly preparing low-cost iPhone, iPad for March launch

KEY POINTS Apple could launch new products as soon as March 8, according to a report from Bloomberg. The launch would be Apple’s first since October, when it revealed new MacBook Pro laptops. It’s expected to be a virtual livestream launch instead of an in-person gathering. Apple could launch new products as soon as March 8, …

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Indian couple celebrates blockchain wedding with NFT vows, digital priest

Indian couple celebrates blockchain wedding with NFT vows, digital priest

Anil Narasipuram, the husband, was initially motivated by blockchain marriages done in other countries. A young couple from India used nonfungible tokens (NFTs) to digitize their love for each other till eternity over the Ethereum (ETH) blockchain. The recently married couple from Pune, India, Shruti Nair and Anil Narasipuram decided to take their court marriage …

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US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments

US Lawmakers Introduce ‘Virtual Currency Tax Fairness Act’ to Boost Cryptocurrency Use for Payments

Several U.S. lawmakers have introduced the Virtual Currency Tax Fairness Act to strengthen “the legitimacy of cryptocurrency in our digital economy.” The bill also aims to expand the use of cryptocurrencies for payments. Virtual Currency Tax Fairness Act Introduced in the US Representatives Suzan DelBene and David Schweikert introduced the “Virtual Currency Tax Fairness Act of 2022” …

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Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation

Golden Gate University Establishes Blockchain Law for Social Good Center to Aid Regulation

To meet the three pillars of the community, education, research and policy when expanding the knowledge base of lawyers, lawmakers and community members about the social benefits of blockchain technology, the Golden Gate University School of Law has teamed up with Algorand Foundation to set up one of a kind centre. According to Michele Neitz, …

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Tezos Set to Announce Sponsorship Deal With Manchester United: Report

Tezos Set to Announce Sponsorship Deal With Manchester United: Report

The deal for the U.K. soccer team’s training kit is for more than $27 million per year. Blockchain platform Tezos is set to secure a multiyear deal to sponsor soccer team Manchester United’s training kit for more than £20 million ($27 million) a year, according to a report by The Athletic. The club’s previous training-kit sponsorship …

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SUPERFOOD CHAIN EVERBOWL ADOPTS BITCOIN STANDARD

SUPERFOOD CHAIN EVERBOWL ADOPTS BITCOIN STANDARD

The California-based food chain said inflation and eroding purchasing power of fiat currencies prompted the switch into Bitcoin. Everbowl, a craft superfood chain based in California, will now run its business operations on a Bitcoin standard and convert all of its cash reserves to bitcoin, the company said in a Friday statement. “We’ve concluded that …

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