Bitcoin Futures on the Horizon
The cryptocurrency world is buzzing as Nasdaq is gearing up to introduce Bitcoin futures, potentially as early as the first quarter of 2019. According to insiders speaking to Bloomberg, the exchange has been meticulously addressing concerns posed by the CFTC. In a move that seems to solidify their efforts, they’ve teamed up with VanEck to ensure these digital asset products are ‘transparent’ and ‘regulatable’—talk about playing by the book!
Ohio’s Bold Step: Bitcoin for Tax Payments
In the land of Buckeyes, Ohio is set to make headlines by becoming the first U.S. state to allow Bitcoin as a method for tax payments. Initial applicability focuses on businesses, though plans are in motion to spread this novel tax option to individuals. Buckle up: Ohioans will soon be registering to pay taxes in BTC through BitPay, making tax season just a tad bit thinner on the wallet!
Vitalik Buterin’s Cautionary Words
Ethereum’s co-founder, Vitalik Buterin, shared some wisdom amidst the crypto chaos, declaring that blockchain isn’t a silver bullet for every industry. In a recent interview, he highlighted the risk of wasting time on tech that can’t add real value—especially calling out those corporate giants turning blockchain into another proprietary battleground. He remains optimistic about its use in the realms of crypto and cross-border payments, however.
Floyd Mayweather & DJ Khaled in Hot Water
Two big names in entertainment found themselves on the wrong side of the law this week—a real-life rap sheet they didn’t see coming. The U.S. SEC charged boxing champ Floyd Mayweather Jr. and music mogul DJ Khaled for not declaring what they were paid to promote ICOs. Turns out, it wasn’t just a casual endorsement—Mayweather’s wallet took in $100,000 and Khaled got $50,000 from Centra Tech, which, mind you, runs on the fumes of a $32 million fraudulent ICO!
Satoshi’s Mysterious Return
It’s a blast from the past as Bitcoin’s elusive creator, Satoshi Nakamoto, resurfaced this week. On their P2P Foundation account, Satoshi posted a single word: ‘nour.’ The cryptic message sent waves across social media, with some drawing parallels to ‘light’ or ‘life’—is this a hint for what’s to come or merely a ghostly echo from the past? Only time will tell!
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