SIGNAL

2022-02-22 14:01:45 In California, they proposed to allow paying for public services with cryptocurrency

Democratic Senator Sydney Kamlager has introduced a bill that would allow Californians to use cryptocurrencies to pay for public services.

According to the text, the document will allow state institutions to accept digital assets as a means of payment. The draft was submitted on February 18 as a package for the 2022 legislative session.

In February, Colorado Governor Jared Polis announced that by the summer the state would implement the possibility of paying taxes and fees in cryptocurrencies. According to him, the authorities took such a step for the sake of the comfort of local residents and increasing the speed of payments.

Previously, similar initiatives have not received the support of legislators in Arizona and Illinois. The state of Ohio approved tax payments in bitcoin, but later stopped accepting payments in cryptocurrency due to low demand for the service. Open / Comment

2022-02-22 10:02:19 Vitalik Buterin told how "crypto winter" will affect the industry

Ethereum co-founder Vitalik Buterin said that the new “crypto winter” could help the industry become stronger. However, he is not yet sure that this period has really begun.

In an interview with the publication, Buterin emphasized that in fact, people “deeply immersed in the cryptocurrency industry” welcome periods of the “bear” market. This allows you to get rid of weak projects.

As Buterin admitted, he was surprised and impressed by the growth of the cryptocurrency market. This led to the fact that significant funds poured into the industry, and many new projects appeared, but not all of them are really important and useful for the industry. Open / Comment

2022-02-22 06:01:41 Binance Partners with Netmarble F&C to Build an International P2E and NFT Offering

The two companies also plan to explore the possibility of launching an open gaming offering (IGO) on the Binance NFT marketplace.

Binance has strengthened its presence in the global P2E ecosystem by investing in some of the fastest growing companies. In January 2022, Heroes of Mavia, a fast paced strategy MMO, received investment from Binance Labs. Open / Comment

2022-02-21 10:01:41 Hong Kong will Launch First ETF Based on Metaverse Tokens


Hong Kong has taken another step towards accepting the metaverse. CSOP Asset Management announced the launch of the country's first metaverse ETF, which will be listed on the Hong Kong Stock Exchange on February 21st.


Metaverse-themed ETFs made headlines last year when South Korea announced the launch of four such ETFs, the first in Asia. In just two weeks, they raised about $100 million. Meanwhile, Morgan Stanley predicts that in China alone, the metaverse could reach a market value of $8 trillion. Open / Comment

2022-02-21 06:01:47 In 2012 lawyers told Ripple that XRP had no signs of a security.

A consultation provided to Ripple by law firm Perkins Coie in 2012 argued that the XRP token is not a security.

“The conclusion from the 2012 public memos is clear: XRP is “not a security.” The fact that Ripple had the foresight to seek legal advice from a well-known firm — in the absence of clear case law and five years before the SEC even talked about digital assets — is commendable,” wrote Ripple’s chief legal counsel Stuart Alderoti.

According to attorney James Filan, the leaked documents are “generally favorable” for Ripple. In the first February 2012 consultation, the lawyers stressed that if NewCoin were distributed under an ICO-like process, the SEC would likely consider it a security.

In the same year, Ripple revised its business plan and again turned to Perkins Coie. In October, lawyers noted that XRP tokens should not be considered securities, but there is a risk that the SEC will not agree with these conclusions. Open / Comment

2022-02-20 14:00:00 Twitter added the ability to send donations to authors to BTC and ETH addresses

You can specify wallets in Profile > Edit > Tipping > Allow Tips Open / Comment

2022-02-20 10:00:00 Bitcoin price falls below $40,000 for the first time since February 4

The price of bitcoin on Friday evening is down 5% over the past 24 hours, dropping below $40,000 for the first time since February 4, according to trading data.

On Binance, Bitcoin fell by 5.5% to $39.77 thousand. The price of bitcoin has been falling for the third day in a row. Moreover, since the beginning of the month, the cryptocurrency has grown in price by 3.2%. The most noticeable daily increase occurred on February 4, when bitcoin went up by 11.5%. Since the beginning of the year, bitcoin has lost a total of 14% of its value. Open / Comment

2022-02-20 06:00:01 Finder Analysts Predict Significant Growth in Cardano by 2030

According to the forecasts of the analytical company Finder, the rate of the Cardano (ADA) cryptocurrency, which occupies the seventh place in terms of market capitalization, will reach $58 by 2030.

Despite the fact that since the beginning of the year, the Cardano cryptocurrency has been trading no higher than $1.6, and recently its rate has fallen to $1.008, the Finder analyst group believes that ADA will begin a meteoric rally in the coming years. According to their estimates, by the end of the year, the coin rate will grow by 168% and reach $2.79.

More than 10% of fintech analysts predict that this year ADA could outperform its nearest competitor XRP, moving it to lower positions in market capitalization.

According to analysts, by 2025 ADA will trade at $8.18 per coin, and by 2030 it will reach $58.04. Open / Comment

2022-02-19 15:01:49 Binance Announces Partnership with Major South Korean Mobile Game Developer Netmarble to Build Play-to-Earn (P2E) Ecosystem and NFT Offering Open / Comment

2022-02-19 10:02:05 A Republican US senator from Illinois submitted to the state general assembly a bill guaranteeing benefits to mining companies.A Republican US senator from Illinois submitted to the state general assembly a bill guaranteeing benefits to mining companies. Open / Comment