Crypto Stories: The late John McAfee tells the story of how he first found out about Bitcoin

British-American businessman John McAfee talks about his crypto story and how he discovered BTC. 3061 Total views 47 Total shares From the Cointelegraph archives, John McAfee tells his crypto story and takes a look back at his very fascinating life.Early in his life, the computer programmer landed a job at the United States National Aeronautics…

New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective

Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to…

The Week in Crypto – Bitcoin mining, FTX and JPMorgan

By Mark Hunter3 days agoSat Nov 26 2022 09:23:21 Reading Time: < 1 minuteThis week in crypto we’ve seen a partial crypto mining ban in New York and a JPMorgan crypto wallet trademark, as well as the latest on the FTX fallout. Ready thrusters! No. 3 – New York Bitcoin Mining Moratorium Signed into Law…

Three Arrow’s Su Zhu reveals latest attempts at a comeback post-FTX

Three Arrows Capital co-founder Su Zhu looks like he may be attempting a comeback amid the fallout over FTX and Sam Bankman-Fried — seen by some as the crypto industry’s newest supervillain. After months of radio silence, Su Zhu remerged on Twitter on Nov. 9, the day after FTX revealed it was suffering from a…

Bizarre $600K Elon Musk crypto statue marketing stunt falls flat

Tesla CEO Elon Musk has seemingly given the cold shoulder to a $600,000 monument of him in goat form —  which was created as part of a bizarre crypto marketing stunt.Delivered to Tesla’s Austin headquarters on Nov. 26, the 30-foot, 12,000-pound metal statue of Elon Musk was part of a publicity stunt by the co-founders…

It’s time for crypto fans to stop supporting cults of personality

Many of the centralized cryptocurrency platforms that collapsed this year had something in common: a young, outspoken and cocky leader. Each gained outsized influence not by virtue of outsized intellect or talent but because of their piles of money and large Twitter followings. And each time, misplaced trust in their abilities resulted in disastrous consequences. If…

New York’s mayor seeks balance with regulators after PoW mining moratorium

Adams said New York is still focused on becoming a crypto hub, but statewide efforts to reduce emissions can be combined with this goal. 9852 Total views 37 Total shares New York City mayor Eric Adams is still focused on making New York a crypto hub, but he believes that goal can be combined with…

How bad is the current state of crypto? On-chain analyst explains

Despite the widespread loss of confidence in crypto following the FTX collapse, Bitcoin’s on-chain data gives investors hope. 2537 Total views 24 Total shares Despite the market downturn and the widespread negative sentiment in the industry in the wake of the FTX collapse, on-chain data still show reasons to be bullish on Bitcoin (BTC). As pointed…

FTX’s collapse could change crypto industry governance standards for good

The crypto market is often referred to as the Wild West of the finance world. However, the events that have unfolded within this space recently would put to shame even the hardiest of cowboys from the day of yore. As a quick refresher, on Nov. 8, FTX, the second-largest cryptocurrency exchange in the world till about…

UK bank Starling bans crypto-related purchases and deposits citing high risk

Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants. 562 Total views 4 Total shares Starling — a digital bank based in the United Kingdom — is the latest financial institution to ban crypto-related transfers and activities for its cardholders.Starling customers will no longer be able…