Are celebrity tokens good or bad for Web3? Execs weigh in
Cointelegraph approached professionals across Web3 to get their thoughts on the emergence of celebrity-backed meme tokens in crypto.
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Bitcoin price risks losing ‘critical technical level’ as stocks under pressure
U.S. stocks have started to correct as worries surrounding the pandemic are mounting. Meanwhile, theBitcoin (BTC) price has pulled back below $18,800 on Dec. 8 after struggling to break resistance at $19,500.The daily price chart of Bitcoin (Coinbase). Source: TradingViewCOVID-19 cases in the United States and Europe are continuously surging despite strict restrictions. Sweden, for…

‘I Don’t Want to Be President’: John McAffee to Exclusively Promote Crypto in 2020 Race
Programmer and crypto enthusiast John McAfee revealed his intention to use his 2020 bid for U.S. presidency as a platform to promote permissionless cryptocurrencies in an interview with Cointelegraph Nov. 1.Speaking with Cointelegraph at the Malta Blockchain Summit today, the founder of McAfee Antivirus Software said he plans to run “around a libertarian platform,” and…

PayPal is Hiring Crypto Engineers Amid Rumors of Bitcoin Integration
There are two public-facing job listings for crypto pros to go to work for PayPal. 1009 Total views 64 Total shares PayPal is hiring crypto and blockchain experts amid rumors that the global payment platform will enable direct cryptocurrency purchases for its 305 million users. The job descriptions they’re hiring for are publicly available on…

Despite WazirX, Q3 crypto hack and scam losses fell to $413m YOY
Losses from scams and hacks in Q3 declined by 40% compared to the previous year, but CEX hacks still pose a problem for the industry.

CBDC supporter likely in White House next term, crypto divide not red v. blue: Grayscale
The crypto asset manager took a look at the leading U.S. presidential candidates’ positions and did not see a partisan divide. 343 Total views 2 Total shares The next president of the United States is likely to be in favor of central bank digital currency (CBDC), crypto asset manager Grayscale observed in a post on…

Federal Judge Sentences Cryptocurrency Scammer to 86 Months in Prison
A scammer has been sentenced to 86 months in prison for running a cryptocurrency-related scheme, the United States Department of Justice (DoJ) reports on July 1In addition to the 86-month prison sentence, United States District Judge Sandra J. Feuerstein ordered 44-year old New Jersey resident Blake Kantor to pay a total restitution of $806,405 distributed…

IADB: Blockchain Technology Program Aims to Fight Violence Against Women and Children
The Inter-American Development Bank has launched a competition that invites projects to propose blockchain-based solutions for preventing violence against women, children and the elderly. Companies, entrepreneurs, startups and NGOs are all invited to submit their ideas.The challenge, called "Blockchangel," was proposed in a joint alliance between the LACChain group's innovation laboratory and the Everis Foundation. Incorporating a blockchain…

Crypto miner PrimeBlock reportedly plans to go public through 10X Capital merger
The merger could result in a valuation of the two firms at roughly $1.5 billion following a $150 million fundraising round from 10X Capital Venture. 75 Total views 3 Total shares Prime Blockchain, also known as PrimeBlock, is reportedly preparing for a public offering in the United States through a special-purpose acquisition company, or SPAC. In…