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The popular MMA commentator and podcaster Joe Rogan recently discussed Bitcoin with light-heavyweight UFC fighter Khalil Rountree. The men highlighted the financial freedom that the network can provide, and the fearful reaction its received from many governments today. Bitcoin as a Life Raft During JRE MMA show #124, Rountree recounted his experience attending the Bitcoin 2022 conference in Miami last month. Other top-tier UFC fighters were attending the conference as well, including Ben Askren and Francis Ngannou. “I haven’t been…

Senator Cynthia Lummis (R-WY) revealed more information about the bipartisan crypto regulatory framework she’s creating alongside Kirsten Gillibrand (D-NY). The bill will help sort cryptocurrencies under the same regulatory categories as traditional assets, but will apparently not cover NFTs. Separating the Wheat from the Chaff In an interview with Axios on Tuesday, Lummis explained that the bill strikes a balance between protecting investors and allowing for innovation. “The innovation in this space is absolutely astounding,” she said. Lummis is famous…

Asset management company VanEck has taken its first steps in the virtual world with the release of its first collection of non-fungible tokens. Co-founder Matt Barlett revealed that the tokens would likely grant holders exclusive access to various perks. However, VanEck is trying to set its NFTs apart from existing ones as much as possible. VanEck’s Vision for NFTs The New York-based investment firm has dubbed the newly-launched collection the VanEck Community NFT. It comprises 1000 Ethereum-based tokens that feature…

Americans consistently outnumber their northern neighbors regarding interest in using and investing in cryptocurrencies, according to a recent Ipsos survey. The results show that 24% of Americans would use crypto to purchase goods and services, versus just 18% of Canadians. Underwhelming Canadian Interest As reported by Bloomberg, Americans are also more likely to take advantage of technology in more sophisticated ways. These include avoiding cross-border banking fees (19%; 14%) sending remittances (14%; 11%) and sheltering their wealth from taxes (17%;…

A good example of a cryptocurrency company attempting to increase its profile through professional athletics is Crypto.com's sponsorship of the 2022 FIFA World Cup in Qatar. FIFA and Crypto.com have struck a new deal to promote the exchange inside and outside the World Cup stadiums. As a reminder, the competition will occur in Qatar from November through December. A Few Words about Crypto.com Presently, Crypto.com includes over 10 million users, and more than 4,000 staff spread throughout the Americas, Europe,…

US blockchain firm Algorand has joined hands with FIFA, signing a sponsorship and technical partnership deal. FIFA announced this news yesterday, noting this partnership will see Algorand become its official blockchain network. Additionally, Algorand will provide FIFA with a blockchain-powered wallet solution. According to the announcement, this collaboration will also see Algorand support the FIFA World Cup Qatar 2022. Specifically, the firm will be the World Cup’s regional supporter in North America and Europe. Moreover, the blockchain will become an…

Despite his company’s curious investment decision in February, Warren Buffett remains an absolute disbeliever in Bitcoin. On Saturday, the billionaire investor made clear that he wouldn’t even sacrifice $25 to have all of the Bitcoin in the world. Bitcoin Still Worthless, Says Buffett Warren Buffett made his comments during the Berkshire Hathaway annual shareholder meeting in Omaha, Nebraska. Berkshire shocked crypto investors earlier this year when it put $1 billion into Nubank – a crypto-friendly Brazilian banking organization. This led…

After 8 years of accepting crypto , Wikipedia has elected to bring digital asset donations to a close. The decision should distance the community from any type of implicit cryptocurrency endorsement, alongside its environmental effects. Succumbing to Crypto Controversy The Wikimedia Foundation – a non-profit dedicated to funding Wikipedia – came to its decision through community vote. Over 300 users voted on the ban, with 94 voting against it, and 234 voting in favor. As shared by Wikipedia editor Molly…

For many investors and fans, Ethereum is the most famous altcoin. Since its inception, Ether (ETH) has skyrocketed in value.  Starting at $0.311 in 2015, Ether has risen to about $4,800 late last year, with much volatility all along the way.  The project looks to be nearing a significant overhaul that will add new features and improve old ones. Among the numerous factors the market is watching, the new ETH staking mechanism may be enormous. Ethereum’s Current Issues To grasp…