June 17, 2021 – Technology Manias

Neil Patrick Harris Hodls Bitcoin, Partners With Cryptocurrency ATM Operator

June 17, 2021 willmeet22

Actor and bitcoin investor Neil Patrick Harris has partnered with a leading cryptocurrency ATM operator to help people see “how easy and accessible it is to invest in cryptocurrency and join the future of finance.” Harris also shared how he got into bitcoin. Neil Patrick Harris Partners With Bitcoin ATM Operator Coinflip Coinflip, one of the largest cryptocurrency ATM operators, announced Tuesday a partnership with actor and long-time crypto investor Neil Patrick Harris, to launch a marketing campaign with the actor as the spokesperson. Founded in 2015, Coinflip currently operates…

Yield Guild Games Raises $4 Million to Power Its Play-to-Earn Proposal

June 17, 2021 willmeet22

Yield Guild Games, an online gaming guild, has raised $4 million to power its play-to-earn proposal in a Series A funding round. The funding round was led by Bitkraft, a venture capital company specializing in e-sports investments. Other blockchain and crypto-related companies also participated. The company plans to include more gamers in its activities with these new funds. Yield Guild Games Raises $4 Million in Series A Funding Round Yield Guild Games, an online gaming guild, has managed to raise $4 million in its series A funding round, according to…

GOP crushes Manchin’s hopes for elections compromise

June 17, 2021 willmeet22

Senate Republicans spent months praising Joe Manchin for his insistence on cross-party compromise. Next week they will almost surely end his hopes for a bipartisan deal on elections. Senate Minority Leader Mitch McConnell said he believed all 50 Republicans would oppose Sen. Manchin’s (D-W.Va.) slimmed-down elections compromise, which focuses on expanding early voting and ending partisan gerrymandering in federal elections. And it’s not clear there’s a single Republican vote to even begin debate on the matter, potentially dooming Manchin’s proposals before they can even make it into the bill. Both…

Decentralized Gaming Platform DeFi11 Eyes Expansion After $3.5M Raise

June 17, 2021 willmeet22

PRESS RELEASE. DeFi11, a decentralized gaming ecosystem, is introducing major changes to both revamp the platform and make it fairer to users as part of an expansion fuelled by recent funding. 17th June 2021, New Delhi, India – Fantasy sports have gained massive popularity in recent years. The market is expected to grow by 7% by 2024. However, a lack of regulation has allowed companies to exploit users. Many fantasy sports and virtual gaming platforms have been accused of publishing false volumes, creating fake winners, and misusing user data. DeFi11…

SEC Seeks Commentary From ‘Interested’ Individuals on Vaneck Bitcoin ETF

June 17, 2021 willmeet22

The U.S. Securities and Exchange Commission (SEC) is currently seeking additional commentary from the public, as the regulating body ponders the Vaneck bitcoin exchange-traded fund (ETF) decision. In a notice published on Wednesday, the SEC thinks “interested persons” should provide comments on the proceedings. SEC Is Looking for Comments Concerning Vaneck’s Proposed Bitcoin ETF Listing In December 2020, New York-based investment management firm Vaneck filed with the SEC to list a bitcoin ETF. Following the original filing, in March 2021, the Chicago Board Options Exchange (Cboe) applied to list the…

Iron Finance Token Slides From $64 to Near Zero Following ‘Large-Scale Crypto Bank Run’

June 17, 2021 willmeet22

The Iron Titanium token (TITAN) value has quaked a great deal after the project suffered from what the team called “the world’s first large-scale crypto bank run.” After touching a high of $64 per token on Wednesday, the project slid to near zero and remained worthless on Thursday afternoon. Iron Finance Claims Project Suffered from a ‘Bank Run’ The world of decentralized finance (defi) is exciting but it also comes with major risks stemming from smart contract exploits, flash loans, and alleged bank runs. That was the case for the…

Elise Stefanik’s post on democracy group board sparked a staff uproar

June 17, 2021 willmeet22

New York Rep. Elise Stefanik, who questioned the legitimacy of the 2020 election and voted against certification of Joe Biden’s win, currently serves as a board member for a revered U.S. organization dedicated to the promotion of democracy. The congresswoman’s position on the National Endowment for Democracy’s board has rankled fellow Republicans, foreign policy scholars and some former NED board members, who say her statements, along with her support for GOP-authored election laws, are at odds with the organization’s mission. “How is it consistent for someone like her to be…

World Bank Refuses to Help El Salvador Make Bitcoin Legal Tender Citing Environmental and Transparency Issues

June 17, 2021 willmeet22

The World Bank has refused to provide technical assistance to El Salvador in implementing bitcoin as legal tender. The bank cited bitcoin’s “environmental and transparency shortcomings” as the reason. World Bank Won’t Help El Salvador With Bitcoin Law The World Bank said on Wednesday it cannot help El Salvador implement the law making bitcoin legal tender. A World Bank spokesperson told Reuters, “We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes,” elaborating: While the government did approach us for assistance on bitcoin,…

Supreme Court tosses lawsuit challenging Obamacare

June 17, 2021 willmeet22

The Supreme Court on Thursday threw out a lawsuit threatening the entirety of the Affordable Care Act, finding that Republican-led states behind the case did not have legal ground to challenge the landmark health care law. The 7-2 decision, which preserves health insurance for millions and the law’s popular protections for preexisting conditions, may serve as the final chapter in the decade-long legal assault on the Affordable Care Act, arriving as President Joe Biden seeks to build on the law’s coverage provisions. It’s also the final blow to former President…

Supreme Court sides with Catholic group that turns away same-sex couples as foster parents

June 17, 2021 willmeet22

The Supreme Court has ruled that Philadelphia cannot exclude a Catholic organization from its foster care program because the group won’t work with same-sex couples. The decision handed down Thursday was being closely watched by LGBTQ advocates who feared the ruling could make it easier for private organizations or individuals providing government-funded services to refuse to serve certain clients based on religious tenets. The high court’s ruling in the Philadelphia case rested on narrow grounds that may not have directly moved the law in that direction. However, the headcount of…

Republican Campaign Arm Accepts Crypto Assets – Attempts to Pursue ‘Every Avenue to Stop Pelosi’s Socialist Agenda’

June 17, 2021 willmeet22

The House Republicans’ campaign arm said on Thursday that it will be accepting cryptocurrencies using the payment processor Bitpay. The National Republican Congressional Committee (NRCC) is a lobbyist organization aimed at supporting the election of Republicans to Congress, via direct financial contributions to candidates and the Republican Party. NRCC to Accept Crypto Donations but Funds Will Be Converted and Deposited in US Dollars Republican bureaucrats are willing to accept donations in digital assets to help fuel their political elections. On June 17, the NRCC revealed it would be taking financial…

FCA’s Fourth Consumer Report Shows UK’s Crypto Asset Ownership Increased 27% Since Last Year

June 17, 2021 willmeet22

The UK’s Financial Conduct Authority (FCA) has published a research report that reveals crypto asset ownership has increased a great deal. According to the study, crypto ownership spiked more than 27% since last year as the FCA’s estimates show 2.3 million adults hold digital currencies, up from 1.9 million in 2020. United Kingdom’s Regulator Publishes 2021 Crypto Consumer Report The financial regulatory body in the United Kingdom that oversees 58,000 financial services firms and financial markets has published a report that covers the crypto asset economy. Not only does it…

GOP hands Dems a new line of attack: They’re for ‘Trump over the cops’

June 17, 2021 willmeet22

Republicans often blast Democrats for wanting to defund the police. But Democrats have a new rebuttal: The GOP won’t defend the police. In the aftermath of the deadly Jan. 6 Capitol attack, the GOP’s love for law enforcement — a longtime hallmark of the party — is being called into question as some members on the right continue to whitewash the insurrection and even foist blame on the police officers who protected lawmakers that day. Democrats are ramping up attacks on Republicans who refused to investigate the riots or formally…

Senate Democrats weigh $6T infrastructure bill, without GOP

June 17, 2021 willmeet22

Senate Democrats are weighing spending as much as $6 trillion on their own infrastructure package if the chamber’s bipartisan talks fail, according to two sources familiar with the matter. Majority Leader Chuck Schumer has repeatedly insisted that infrastructure talks are currently on two tracks: The first track is bipartisan, while the second track will include priorities that have no chance of getting GOP support. He huddled on Wednesday afternoon with Democratic members of the Budget Committee to discuss strategy, with no firm decision reached. Senate Budget Chair Bernie Sanders (I-Vt.)…

Why People Are Buying Digital Lands in The Sandbox and Why You Should Too

June 17, 2021 willmeet22

The Sandbox is a decentralised, community-driven gaming ecosystem where designers and artists can create, share and monetise NFTs and gaming experiences on the Ethereum blockchain and is partnered with many industry giants, such as Square Enix and Atari. Its popular virtual real estates, known as LANDs, are taking over the NFT world. Exclusive Bitcoin.com giveaway For a chance to become a LAND owner next to the Gemini ESTATE for free, all you have to do is create an account through this tracking link and press “Sign In” in the top…

Persian Gulf Island to Become Crypto Exchange Hub, Iran Minister Proposes

June 17, 2021 willmeet22

Iran’s information technology minister has pitched the idea of transforming the Persian Gulf island of Kish into an international center for cryptocurrency exchanges. Iranian authorities plan to create a financial free zone in the territory which has already attracted cryptocurrency miners. Iran ICT Minister Says Gulf Island of Kish Has What It Takes to Be a Crypto Exchange Center Muhammad Javad Azari Jahromi, the Islamic Republic’s minister for information and communications technology, made the crypto-friendly proposal during a recent visit to Kish. The 91-square-kilometer island, situated off the Persian Gulf…

DAO1 Hackthon Targets African Blockchain Devs

June 17, 2021 willmeet22

As part of an initiative that seeks to build the crypto and blockchain space talent base, the Decentralized Autonomous Organization (DAO1), a community-led protocol, will be holding a major collaborative computer programming or a hackathon. Organizers are hoping this event will help to create a buzz about cryptocurrencies and blockchain technology. To understand more about the hackathon, Bitcoin.com News’ columnist Terence Zimwara reached out to Leo Gordon, the Chief Strategist at DAO1. Below are Gordon’s responses to a set of written questions. Terence Zimwara (TZ): Could you start by explaining…

New York’s Mayoral Candidates Hit the Streets

June 17, 2021 willmeet22

NEW YORK, N.Y.—As summer heats up, America’s biggest city is crawling out of its Covid shell, and the race for mayor is reaching its peak. The unruly primary is like no other in the city’s history—a partly virtual race with no clear frontrunner, taking place while New York is still partly in shock from its huge pandemic losses. With early voting already begun and Election Day less than a week away, the leading Democratic candidates are in the last stretch of a months-long odyssey that began locked behind Zoom screens,…

Coinsbit CNB starting free airdrops in india, CIN tokens free 200$ Crypto

June 17, 2021June 17, 2021 willmeet22

Coinsbit ( CNB ) starting CIN free airdrops in india – Free 200$ worth Crypto Token To stamp the event, Coinsbit India is facilitating India’s Biggest Airdrop Ever, wherein every client will get USD 200 in CIN Tokens for joining and finishing their KYC. Coinsbit, Europe’s greatest and most honor winning digital currency exchanging stage, will dispatch in India as Coinsbit India, a pristine trade.

Bitdao Collects $230 Million in Private Capital From Investors

June 17, 2021 willmeet22

As the decentralized finance movement proves its staying power and resilience, one of the world’s largest decentralized autonomous organizations, Bitdao, has concluded a private fundraising round to promote mass adoption of open finance. DAO to Allocate Capital Towards Improving Defi R&D, Funding, & Liquidity As decentralized finance (defi) slowly regains its footing following the May decline in total value locked, there is no shortage of investment capital chasing after the idea’s tremendous potential. Bitdao, a decentralized autonomous organization focused on defi, is launching following the successful conclusion of a $230…

Genesis Digital Assets Purchases 10,000 Bitcoin Miners from Canaan

June 17, 2021 willmeet22

The Beijing-based ASIC mining rig manufacturer Canaan announced the sale of 10,000 bitcoin mining machines to the firm Genesis Digital Assets Limited. Canaan plans to deliver the 10,000 A1246 and A1166 Pro Avalonminers by the end of the month. Canaan to Deliver 10,000 Bitcoin Miners to Genesis Digital Assets The company Canaan (Nasdaq: CAN) has been making lots of business moves in 2021, as the ASIC mining rig manufacturer believes it will see around $250 million in revenue at the end of the second quarter. The larger share of expected…

New York’s mayoral race remains a tossup after final Democratic debate

June 17, 2021 willmeet22

NEW YORK — New York City’s top mayoral candidates took their last, best shots during their final debate Wednesday night as voters head to the polls over the next six days — and no one emerged as a clear victor. The eight Democratic contenders wrangled over homelessness, mental illness and the city budget — setting the tone for the closing stretch of a bruising campaign. The fourth televised debate, sponsored by POLITICO, WNBC and Telemundo 47, reflected the unsettled nature of the race: No one candidate took the brunt of…

Korean Exchanges Delist High-risk Coins as They Face Tough Regulations

June 17, 2021 willmeet22

Crypto trading platforms in South Korea are delisting certain digital currencies as they move to comply with stricter rules for the industry. The trading of some high-risk coins has been either halted or completely suspended on several Korean exchanges this week. South Korean Exchanges Wipe Trading Lists of Risky Digital Assets Trying to meet Seoul’s tougher new rules for the cryptocurrency sector, Korean exchanges are now purging their trading lists of high-risk assets. According to a report by Arirang, a number of crypto trading platforms have temporarily halted or ended…

White House tries to privately calm Democratic fears on infrastructure deal

June 17, 2021 willmeet22

After being pummeled by progressives for continuing to pursue infrastructure talks with Republicans, the White House is now being offered what’s likely the best bipartisan deal it’s going to get. On Wednesday, a group of 10 Senate Democrats and Republicans announced that it had agreed on a framework of a compromise. There were scant specifics until late Wednesday night, but negotiators described it as a “historic” investment in infrastructure without raising taxes. Though the administration has yet to weigh in on the new proposal, its introduction creates an immediate, big…

Bank of America Survey: Most Fund Managers Say Bitcoin Is a Bubble, Inflation Is Transitory

June 17, 2021 willmeet22

The latest Bank of America’s Global Fund Manager Survey shows that “long bitcoin” is now the second most crowded trade. Moreover, most fund managers believe bitcoin is in a bubble and agree with the Fed that inflation is transitory. Bank of America’s June Fund Manager Survey Bank of America (BofA) released its June Global Fund Manager Survey this week. The survey, conducted between June 4-10, covers 224 fund managers with $667 billion under management. The fund managers were asked about many issues of concern to investors, ranging from where the…

NYC mayoral candidates trade blows ahead of Democratic primary

June 17, 2021 willmeet22

NEW YORK — New York City Democratic mayoral candidates took the stage Wednesday night at NBC’s fabled studio 8-H Wednesday — the longtime home of “Saturday Night Live” — fixated on using that spotlight to leave an impression on voters in the last major event before polls close next week. The first hour of the debate — sponsored by POLITICO, WNBC and Telemundo 47 — focused on public safety and the persistent homelessness crisis as New York City sees a dramatic spike in shootings and hate crimes throughout the city…

Tonight: Watch the NYC Democratic Mayoral Primary Debate with live analysis

June 17, 2021 willmeet22

The third and final official debate of the New York City Democratic mayoral primary is the last, best chance for the top eight candidates to make their case to voters.

Manchin moves shake up Dem strategy for massive elections bill

June 17, 2021 willmeet22

As progressives hammer Sen. Joe Manchin for opposing Democrats’ signature ethics and election reform bill, the West Virginian is busy working behind the scenes. After writing an op-ed against the bill earlier this month, Manchin circulated a memo among his colleagues Wednesday that outlines his preferred changes to a proposal his party has billed as essential to prepare for the 2022 midterms. Manchin also organized a Zoom meeting this week with civil rights groups and a handful of Republican senators to find areas of agreement. His movements come as Senate…

‘Going home with nothing’: Dems agonize over infrastructure strategy

June 17, 2021 willmeet22

Ask three Democrats what they want in a sweeping partisan spending package and you’ll get three different answers. Sen. Dick Durbin (D-Ill.), the party whip, wants to include immigration reform. Sen. Bernie Sanders (I-Vt.), the liberal Budget chair, is hoping for a dramatic expansion of Medicare and a big price tag. Sen. Jon Tester (D-Mont.), a key centrist, envisions a focused package of perhaps $500 billion focusing on housing, veterans and childcare. “It could be massive, but I don’t think you’re going to get support for a massive bill,” Tester…

Central American Bank for Economic Integration to Help El Salvador Implement Bitcoin as Legal Tender

June 17, 2021 willmeet22

The Central American Bank for Economic Integration (CABEI), which has 15 member countries, will help El Salvador implement bitcoin as legal tender. The CABEI president has expressed his support. “We’re very optimistic,” he said. Central American Bank for Economic Integration Supports El Salvador’s Bitcoin Law The head of the Central American Bank for Economic Integration (CABEI) expressed his support for El Salvador’s bitcoin law Monday. CABEI Executive President Dante Mossi said that the bank will give El Salvador technical assistance to implement bitcoin as legal tender. Last week, El Salvador…