Etoro’s Gooddollar Basic Income Initiative Aims to Fund 1 Million New Users With New Referral Program

An incentive of 100G$ will be given to registered users for new referrals, and 50G$ to new users as a ‘welcome bonus.’ Etoro, one of the world’s leading social trading platforms, has announced that it’s funding rewards for the next one million users of its Gooddollar project, following the launch of a brand new referral program. Stablecoin G$ Aims to Become Digital Universal Basic Income Gooddollar is a digital coin and wallet founded in September 2020 by Yoni Assia, the cofounder, and CEO of Etoro. It provides a digital form of universal basic income (UBI) to citizens worldwide by issuing

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Asset Manager Stone Ridge’s NYDIG Sees Wall of Money Coming Into Bitcoin — Institutions Grow Beyond Owning BTC

The founder of Stone Ridge Asset Management and the New York Digital Investment Group (NYDIG) sees a “wall of money” coming into bitcoin based on his firm’s order book. The executive believes that institutions are just getting started and we will see an explosion of bitcoin-focused traditional financial products within a year. NYDIG Bullish on Bitcoin Stone Ridge Asset Management and NYDIG founder Ross Stevens shared his insight on institutional adoption of bitcoin last week in an interview with Microstrategy CEO Michael Saylor. Stevens founded Stone Ridge in 2012 and NYDIG in 2017, where he now serves as its executive

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Online Sleuths Believe Satoshi Nakamoto’s Bitcoin Stash Is a Blockchain Treasure Hunt Meant to Be Found

Over the last twelve years, the cryptocurrency community has always been intrigued by Bitcoin’s inventor Satoshi Nakamoto. For over a decade, armchair sleuths and journalists have tried to uncover the creator’s identity and information on the whereabouts of all the bitcoins the enigma mined when the network was still in its infancy. Now a few individuals believe Satoshi’s coins may be the greatest prize competition ever and the private keys are somehow hidden within the blockchain. Maybe Satoshi Nakamoto Left a Message? Just recently, some members of the forum bitcointalk.org have been discussing a new theory surrounding the infamous Satoshi

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Youtuber Logan Paul Releases a Limited Edition of His NFT Artwork Ahead of Mayweather’s Fight

A famous Youtuber and now boxer is making inception into the non-fungible token (NFT) industry to promote his artwork. Logan Paul will gift NFT-based cards as part of an auction of the rare “Pokemon 1st Edition Booster Packs” game collection. NFTs Feature Logan’s Holographic Image With His Boxing Gear According to the announcement, Paul acquired packs of Pokémon cards after spending $2 million on them. The set of cards was released in 1999 by Wizards of the Coast, which contains 102 cards. Paul will be auctioning all 36 packs of the Pokémon game cards from February 4 until February 11.

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Former South Korean Social Media Giant to Relaunch Its Business by Creating a New Ethereum-Based Token

A social media giant that significantly impacted South Korea’s internet influence in the early 2000s is set to take a second breath. The company plans to regain its popularity by launching a new cryptocurrency. New Ownership Reportedly Got Over $7 Million From Investors to Rebrand Cyworld According to Hanguk Kyungjae, Cyworld is paving the ground to relaunch its business under new ownership. The consortium of five domestic companies includes SKY E&M, a local entertainment company. The negotiation wasn’t a million-dollar transaction. In fact, the consortium bought Cyworld from its troubled former owner for $897,000 — the same amount owed to

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Bitcoin for Corporations- Michael Saylor Expects an ‘Avalanche’ of Firms to Own Bitcoin

This week the firm Microstrategy held an event called “Bitcoin for Corporations” which looks at concepts like macro strategy, corporate playbooks, and legal considerations toward bitcoin. Prior to the event, Microstrategy CEO and bitcoin bull, Michael Saylor, said “professionals from more than 1,400 firms” would join the event. At the conference, Saylor was bullish on bitcoin as usual and said he expects “an avalanche of companies” to join the crypto economy. Microstrategy’s Bitcoin for Corporations Event On February 3 and 4, the firm Microstrategy (NASDAQ: MSTR) held an event called “Bitcoin for Corporations,” which aims to entice corporate entities to

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Asset Manager Values Bitcoin at $500K, Expects BTC to Be Worth More Than Gold, Sees Massive Institutional Interest

One River Asset Management’s CEO says his firm now holds bitcoin worth “well over” $1 billion. He revealed that the institutional interest in bitcoin is “astounding,” noting that almost all major institutions in the U.S. are having discussions about the cryptocurrency. He believes that bitcoin will be worth more than gold, placing its value at approximately $500K. One River Asset Management’s CEO Is a Bitcoin Bull The CEO and co-founder of One River Asset Management, Eric Peters, shared his view on bitcoin at length in an interview with Bloomberg last week. Firstly, he revealed that his asset management firm now

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Indian Government Clarifies Position on Cryptocurrency and Digital Rupee

The Indian government has clarified its position on cryptocurrency and the country’s digital currency in answers provided by the Ministry of Finance in Rajya Sabha, the upper house of India’s parliament. The Indian crypto industry sees this clarification as positive news and that the government is unlikely to impose an outright ban on cryptocurrencies, including bitcoin. Indian Government Answers Questions About Cryptocurrency and Digital Rupee Rajya Sabha, the upper house of India’s parliament, published a list of questions and written answers on Feb. 2 that include the topic entitled the “Introduction of India’s own cryptocurrency.” Member of Parliament Sri Sanjay

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Elon Musk Uncovers Facts Behind Robinhood Restricting Trades on Hot Stocks Like Gamestop

Spacex and Tesla CEO Elon Musk has been trying to get to the bottom of what happened with the popular trading app Robinhood when it stopped people from buying shares of hot stocks, like Gamestop. The shares of these stocks became popular due to the Wallstreetbets movement. Elon Musk Says People Want the Truth From Robinhood During an interview on The Good Time Show via the Clubhouse app Sunday night, Elon Musk grilled the CEO of trading app Robinhood, Vlad Tenev, over the company’s decision to restrict hot stocks last week, including Gamestop. On Friday, Robinhood also restricted crypto trading,

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US Federal Reserve Seeking Manager to Research CBDCs and Stablecoins

The U.S. Federal Reserve (Fed) has posted a job advertisement that seeks to hire a role related to stablecoins and central bank digital currencies (CBDC). The Fed is looking for a research manager to join its team to assess the “benefits and risks” of digital assets. The Role Is Part of the Fed’s Digital Innovation Policy Per the Linkedin job posting, the Federal Reserve Board expects the selected candidate to manage the “Digital Innovation Policy Program.” The department oversees “all aspects of a program focused on emerging issues at the intersection of technology and payments.” The Fed highlights in the

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