THE DAILY ENCRYPT

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Peter Thiel Says His ‘Biggest Mistake of the Decade Was Getting Too Late and Too Little Into Bitcoin’

During a discussion published on March 12, 2022, the billionaire entrepreneur and venture capitalist, Peter Thiel discussed how he built Paypal with fellow co-founders Max Levchin, David Sacks, and Luke Nosek. Toward the end of the hour-long conversation, the topic quickly turned to cryptocurrencies and Thiel stressed that his “biggest mistake” during the last ten

Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts

In the last 7 days, Cardano is one of the best performers on the crypto top 10 by market cap. Proof-of-Stake networks lead the market, as Bitcoin and others stand in the back. Related Reading | Cardano (ADA) Takes A Tumble After Hoskinson Is Accused Of Falsifying Credentials Avalanche (AVAX) records almost 30% in profits, …

Cardano Soars 13% On Rumors Of Burn Mechanism Rollout, Charles Hoskinson Reacts Read More »

Russian Banks Told to Track Crypto-Related Transactions Amid Currency Restrictions

Bank of Russia has recommended commercial banks pay heightened attention to their clients’ transactions related to cryptocurrencies. The regulator requires the financial institutions to monitor such activity against the backdrop of restrictions on currency operations amid western sanctions. Monetary Authority Urges Banks to Control Spending Linked to Crypto Assets The Central Bank of Russia (CBR)

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How Crypto Could Take the U.S. Marijuana Business to the Next Level

The President of leading crypto exchange FTX, for its U.S. branch, Brett Harrison hinted at a partnership with Cresco Labs. A Chicago-based company, Cresco Labs distributes, cultivates, and offers cannabis-based products. Related Reading | Why Centre Will Work With FTX And Alkemi On Project Verite  The company aims to “normalize, professionalize, and revolutionize cannabis”, according to