Bernie Sanders mitten memes immortalized in new NFT collection

He may not be President, but Bernie Sanders will live on as long as blockchain exists, thanks to a series of NFTs celebrating his mittens. Topps Digital released their latest line of NFT collectibles today, featuring Senator Bernie Sanders and his winter mittens as the subject of the promotional series.  The collectibles, dubbed “GPK Bernventures,” are digital packs containing two non-fungible tokens issued on the WAX blockchain. The card drawings are in the style of Topps’ long-running Garbage Pail Kids series, which was originally launched in 1985. The series features…

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Solana targets growth in Southeast Asia with a $5M grants scheme

The $5 million fund only allows projects with a physical presence in Southeast Asia to apply for the program which provides up to $100,000 plus technical and community support. Solana has turned its focus towards decentralized finance in Southeast Asia with a new $5 million development fund. The Solana Foundation created the fund in partnership with Vietnam-based investment firm Coin98 Ventures, enabling regional startups building on Solana to receive technical, marketing, and community support, as well as up to $100,000 in funding. The fund will run for the next three…

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Circle enables seamless USDC-USD transfers, providing a bridge from banks to DeFi

The result of developments in both crypto technology and regulation, Circle’s new USDC API provides a bridge between crypto and traditional finance. Circle, the company behind the second most popular stablecoin USD Coin, has rolled out a new API that will allow for the seamless transfer of USDC to USD via automated clearinghouse (ACH) systems.  The first exchange to adopt the new API will be derivatives and futures specialist FTX, looking to speed up USD settlement processes on behalf of their customers. In a blog entry, project manager Gee Chuang…

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Bitcoin billionaire set to run for California governor

Early Bitcoin investor Chamath Palihapitiya is eying running for governor of California. Early Bitcoin investor and industry proponent Chamath Palihapitiya has signaled a potential run for the position of California governor. The CEO of venture capital firm Social Capital, Chamath Palihapitiya, appeared to announce his intentions in a Tweet on January 26. The post linked to his new website with a number of promises for the U.S. state including massive tax cuts, an increase for teacher’s salaries, the end of student loans, and a handout for new births. Palihapitiya appears…

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Ethereum’s realized cap spikes to record highs as capital floods in: Report

Ethereum’s realized cap has surged into new all-time highs this month, indicating that new money is rushing to accumulate ETH. Ethereum’s realized capitalization has increased by nearly 50% in January so far to tag new all-time highs above $70 billion, according to CoinMetrics. The data shows that Ethereum’s realized cap has more than tripled since dropping below $25 billion in during March 2020’s “Black Thursday” crash.. Ethereum’s realized cap: CoinMetrics The realized capitalization metric calculates the value of a crypto asset’s supply according to when each unit last moved on-chain.…

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Interview: Bitcoin In Venezuela With Javier Bastardo

Listen To This Episode: Apple Spotify Google Libsyn Overcast This week on the “Bitcoin Magazine Podcast,” host CK sat down with Javier Bastardo from Satoshi en Venezuela. This was a wide ranging, real and heartfelt conversation about the trials that the Venezuelan people are subjected to because of the totalitarian regime currently in control.  Bastardo told his story of discovering and living on bitcoin since 2017 and how Bitcoin gave him both financial stability and community during his persecution living in Venezuela.  While Bastardo is hopeless for Venezuela today, he…

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Interview: Making Bitcoin Accessible For Everyone With Randy McMillan

For this episode of Bitcoin Magazine’s “Meet The Taco Plebs,” I was joined by Randy McMillian (@RandyMcMillan), a fellow pleb that I met on “Bitcoin Kindergarten” who has been sharing some good knowledge and wisdom on that show lately.  In this episode, we discussed certain interesting topics in Bitcoin that McMillan is most fond of, including repricing time. One very interesting topic that we got into was ditching the old fiat way of telling time (calendar year) and pursuing a new method: telling time by blocks. This is an interesting…

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Time for a crypto GPU? Gamers and miners spar over scarce top hardware

New GPU cards for mining are on the way, but the demand is too great. So, what are manufacturers doing to solve the shortage? The rise of cryptocurrencies over the past few months, especially with the onset of 2021, has certainly catapulted the crypto niche into the mainstream. While traders buy and sell and try to calculate how much this or that currency has grown by and as large investment funds predict that Bitcoin (BTC) will soon reach $100,000 per coin, big things are also happening in the crypto mining…

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DeFi tokens bag double-digit gains as bears pin Bitcoin price below $33K

A handful of DeFi tokens saw strong rallies even as bears continue to pin Bitcoin price below $33,000. Today Bitcoin (BTC) price continued to face selling pressure in the $32,500 to $33,000 resistance cluster and this led to a mild 3% to 5% pull back from most altcoins. Despite the recent revelation that BlackRock, the world’s largest asset manager, has given the green light for two of its funds to invest in Bitcoin futures, BTC price still struggles to gain momentum above the $33,000 level. Daily cryptocurrency market performance. Source:…

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Pragmatism: The true key to unlocking crypto mass adoption

Let’s double down on making crypto accessible and usable for real people. When Bitcoin (BTC) launched in 2009, it was motivated by the distrust of financial institutions and their fees and the inflationary practices by central banks during the Great Recession. Bitcoin was supposed to usher in an era of decentralization, financial inclusion and democratization.  Yet more than a decade later, with Bitcoin prices surging, we’re witnessing the digital asset being hoarded by large, centralized financial institutions, risking the principles behind its creation. Bitcoin is now in danger of being…

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