Napoleon Dynamite cast reunites in Web3 animated series, Sega’s blockchain game and more…

Napoleon Dynamite cast reunites in Web3 animated series, Sega’s blockchain game and more…

The main cast from the cult-classic film Napoleon Dynamite are reuniting for an animated series which will be released through blockchain technology. According to a Sept. 27 report from Hollywood news outlet Deadline, the stars from Napoleon Dynamite have all signed on to voice characters in CyKo KO, an animated…

‘Time is not on our side’ to provide regulatory clarity on crypto, says US lawmaker

‘Time is not on our side’ to provide regulatory clarity on crypto, says US lawmaker

New Jersey Representative Josh Gottheimer said that United States lawmakers needed to pass legislation clarifying regulators’ role over crypto or risk companies taking their business abroad. Following a roundtable discussion on Sept. 27 with Commodity Futures Trading Commission chair Rostin Behnam and many industry leaders, Gottheimer said some of the…

Bitcoin price fails to hold $20K again, but there is a silver lining

Bitcoin price fails to hold $20K again, but there is a silver lining

Markets briefly flashed green on Sept. 27 as equities markets bounced back from Sept. 26’s pullback, bringing the Bitcoin (BTC) price back to the long-term descending trendline resistance, which currently resides at $20,100.  Unfortunately for bulls, the positive momentum for stocks and cryptocurrencies rapidly eroded and Bitcoin price gave up…

FCA green lights Revolut, making no UK crypto firms operating under temporary status

FCA green lights Revolut, making no UK crypto firms operating under temporary status

The United Kingdom’s Financial Conduct Authority, or FCA, has added cryptocurrency-friendly payments app Revolut to its list of companies authorized to offer crypto products and services in the country. In a Monday update to its list of registered cryptoasset firms in the U.K., the FCA showed Revolut was in compliance…

Microsoft, Avalanche, Polygon join $20M funding of Web3 automation startup

Microsoft, Avalanche, Polygon join $20M funding of Web3 automation startup

Web3 and tech companies participated in a funding round for a data platform called Space and Time that aims to transform central databases into trustless data sources powered by smart contracts.  In an announcement sent to Cointelegraph, Space and Time mentioned that they’ve raised $20 million in strategic funding from…

Global think tank suggests blockchain in public finance can help reduce fraud

Global think tank suggests blockchain in public finance can help reduce fraud

The Official Monetary and Financial Institutions Forum, or OMFIF, an independent global think tank for central banking and economic policy, has released a report suggesting that blockchain technology in a public finance management system could provide information essential to “formulate and design fiscal policy.” According to a Tuesday report, the…

Bitcoin gains 5% to reclaim $20K, eyes first ‘green’ September since 2016

Bitcoin gains 5% to reclaim $20K, eyes first ‘green’ September since 2016

Bitcoin (BTC) delivered long-anticipated volatility on Sep. 27 as a squeeze higher resulted in a push beyond $20,000. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price 9-day highs greet traders Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it added over 7% after the Sep. 26 close….

Russia aims to use CBDC for international settlements with China: Report

Russia aims to use CBDC for international settlements with China: Report

Russia is in the pilot phase of its central bank digital currency development (CBDC), and new reports indicate that the country could use its national digital currency to settle international trade. According to a report published in Reuters, Russia is reportedly planning to use the digital rouble for mutual settlements…

Nuclear and gas fastest growing energy sources for Bitcoin mining: Data

Nuclear and gas fastest growing energy sources for Bitcoin mining: Data

The electricity mix of Bitcoin (BTC) has drastically changed over the past few years, with nuclear energy and natural gas becoming the fastest growing energy sources powering Bitcoin mining, according to new data. The Cambridge Centre for Alternative Finance (CCAF) on Tuesday released a major update to its Bitcoin mining-dedicated…

California files order against Nexo interest account, says it’s 8th state to take action

California files order against Nexo interest account, says it’s 8th state to take action

The California Department of Financial Protection & Innovation (DFPI) has filed a desist and refrain order against crypto lending platform Nexo as part of its ongoing investigation of companies offering interest-bearing crypto assets accounts. The agency claims it is joining regulators from seven other American states in taking action against…