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Showing posts from 2024

Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation

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Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their belief that the definition of “money transmitting” […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VSUYcpx

South African BTC Ponzi Scheme Mastermind Succumbs to Heart Attack While Detained in Brazil

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Johann Steynberg, the mastermind behind a South African bitcoin Ponzi scheme, recently died of a heart attack while under house arrest on a farm in Brazil. According to his Brazilian wife, Steynberg left no will and had no assets that could be inventoried. South African Police Investigate Steynberg’s Reported Death Johann Steynberg, a South African […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VSUYcpx

Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’

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Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a scaling solution. Pacia stated that technical experts lied to the mainstream audience in the blocksize war’s framework, knowing that LN would work “like dog sh*t.” Former Openbazaar […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/VSUYcpx

FBI Warns Against Using Unregistered Cryptocurrency Money Transmitting Services

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The Federal Bureau of Investigation (FBI) has issued a warning about using unregistered cryptocurrency money transmitting services that fail to comply with U.S. anti-money laundering laws. The agency has provided tips for the public to protect themselves, advising them to avoid providers that do not require Know Your Customer (KYC) information. FBI’s Crypto Warning The […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/sS2rnMx

Rich Dad Poor Dad Author Robert Kiyosaki Declares US Economy in a Depression

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Rich Dad Poor Dad author Robert Kiyosaki has issued a stark warning that the U.S. economy is currently in a depression. He points to the subpar economic growth, with a 3.4% increase in GDP for Q4 2023 and a 1.6% rise in Q1 2024 as clear indicators. Kiyosaki asserts that a soft landing for the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/sS2rnMx

New UK Law Empowering Authorities to Seize and Destroy Crypto Assets Takes Effect Today

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A new law enabling the National Crime Agency and police to seize, freeze, and destroy crypto assets is now in effect in the UK. Under this law, police can seize crypto from suspects without needing to make an arrest first. Additionally, victims have the right to request the release of funds held in crypto accounts […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/a6nKJSX

Stablecoins Gain Ground as Global Financial Asset

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According to Chainalysis’ “Crypto Spring Report,” stablecoin adoption and market importance are seeing a rapid increase in 2024, with a significant rise in the number of addresses holding them and their use in on-chain transactions, making them a global financial asset. Legislation efforts in the U.S., such as the Lummis-Gillibrand Payment Stablecoin Act, aim to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/a6nKJSX

Swiss National Bank Chief Raises Concerns About Adding Bitcoin to Currency Reserves

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The chairman of the Swiss National Bank has expressed reservations about incorporating bitcoin into the central bank’s currency reserves. He stated that no decision has been made yet to invest in bitcoin, underscoring the necessity for currency reserves to be liquid, sustainable, and easily tradable, given their use in international payments. Swiss National Bank on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/a6nKJSX

Brazilian Neobank Nubank Introduces New Crypto Wallet Features for Bitcoin, Ether and Solana

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Nubank, a Brazilian neobank, has introduced new features for its cryptocurrency customers. The Sao Paolo-based organization recently enabled deposits and withdrawals of bitcoin, ether, and solana in its cryptocurrency service, broadening the use cases of its platform. Before, the company only allowed users to purchase, hold, and sell cryptocurrency assets. Nubank Enhances Cryptocurrency Features: Opens […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GzSNM0p

Marathon Digital Ramps up Bitcoin Mining Goals, Targets 50 EH/s Hash Rate for 2024

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Marathon Digital plans to increase its 2024 hash rate target for Bitcoin mining from 35-37 EH/s to 50 EH/s, thanks to expanded capacity from recent acquisitions, aiming to more than double its mining operations without the need to raise additional capital. The company’s growth includes purchasing a 200 megawatt Bitcoin mining center and two additional […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GzSNM0p

BNB Announces Native Liquid Staking Addition in BSC

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BNB Chain, one of the largest smart contracts-enabled ecosystems in the crypto environment, has announced the inclusion of native liquid staking in its BSC blockchain. The new feature aims to allow validators to secure the network and maintain the liquidity of its assets while the ecosystem abandons the Beacon chain. BNB Chain Evolves Into a […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/GzSNM0p

Block Unveils Bitcoin Conversion Feature for Square Merchants 

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On Wednesday, Block, the financial services firm, disclosed that merchants using Square can convert their daily sales into bitcoin through the Cash App. Block’s founder, Jack Dorsey, revealed this update on X, and as of today, merchants have the option to transfer between 1-10% of their Square-generated earnings into bitcoin, the leading crypto asset by […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/DRfdLQO

OP_CAT Proposal Assigned BIP-347, Aims to Enhance Bitcoin With Ethereum-Style Smart Contracts

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OP_CAT, a proposal aimed at introducing Ethereum-like smart contract functionality to Bitcoin, has been assigned the Bitcoin Improvement Proposal (BIP) number 347, marking the first step towards potentially implementing this long-discussed software upgrade. Co-authors Ethan Heilman and Armin Sabouri have emphasized that receiving a BIP number mainly facilitates discussion around the proposal by providing a […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/DRfdLQO

Tesla Maintains Bitcoin Holdings — Balance Sheet Shows $184 Million in Digital Assets

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Elon Musk’s electric car company, Tesla, has maintained its bitcoin holdings. The company’s Q1 balance sheet shows net digital assets of $184 million. According to crypto analytics firm Arkham, Tesla continues to hold onto its 11,509 bitcoins, which have a market value of over $745 million. Tesla Holding Onto Its Bitcoin Elon Musk’s electric car […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/DRfdLQO

Philippines Securities Regulator Requests Apple and Google to Remove Binance Apps

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The Securities and Exchange Commission (SEC) of the Philippines has requested that tech giants Apple and Google remove Binance apps from their respective app stores. The SEC chairman stated that the blockade on Binance, coupled with the removal of its app, curbs the further spread of its unlawful activities in the country. Binance Apps Pose […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/rZkqj5J

Bitcoiners Seek Constitutional Reform to Allow Swiss National Bank to Purchase Bitcoin

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Yves Bennaïm, founder and chair of 2B4CH, a Swiss pro-Bitcoin think tank, is launching a popular initiative to amend the country’s constitution to allow its central bank to purchase and hold bitcoin. The initiative is also supported by Bitcoin Suisse President Luzius Meisser, who believes the bank should add bitcoin to its reserves. A Reform […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/rZkqj5J

Analysts: Confiscation of Russian Assets in the US Would Supercharge De-Dollarization

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Analysts are pondering the effects of the approval of the Rebuilding Economic Prosperity and Opportunity (REPO) Act by the U.S. House. The execution of seizures for over $6 billion of Russian assets held in U.S. institutions would “supercharge” the de-dollarization efforts of several nations. This is due to the possibility of having their assets seized […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/39vufhx

BRICS Bloc Mulls Stablecoins, CBDC-Based System for International Settlements

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Russian Deputy Foreign Minister Sergey Ryabkov revealed that the BRICS bloc has been considering the use of stablecoins for its common rail payment systems. In an interview with TV BRICS, Ryabkov stated that the use of stablecoins and a connection linking the CBDCs of the participants were studied as part of the integration processes of […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/39vufhx

Spot Bitcoin ETFs Secured Inflows on Friday While GBTC Struggles to Hold 300,000 BTC

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Following a sequence of five days of net outflows, U.S. spot bitcoin exchange-traded funds (ETFs) experienced modest inflows on Friday, capturing nearly 900 bitcoins from the market, totaling $59.7 million. Concurrently, Grayscale’s Bitcoin Trust (GBTC) teeters on the brink of falling below the 300,000 mark, as it recorded a holding of 304,970.43 bitcoins as of […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/39vufhx

Tether Integrates USDT on TON Network, Targets 900 Million Telegram Users

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Tether, the stablecoin company, has launched native USDT, the largest dollar-pegged stablecoin, on The Open Network (TON). With this addition, over 900 million Telegram users can seamlessly transfer digital dollars, without having to type crypto addresses. 11 million TON will be distributed among USDT users on TON to incentivize its adoption in the ecosystem. Tether […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/uIfqAHl

Bitcoin Futures Demand Blows up in Brazil: 7,400 Contracts Traded on Launch Day

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The first bitcoin futures contracts listed on B3, the stock exchange in Brazil, experienced significant interest from investors on debut day. According to a note delivered by the stock operator, 7,400 bitcoin futures contracts were traded, with the instrument reaching a peak of 111,000 orders on screen. While B3 has also bitcoin ETF contracts, futures […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/uIfqAHl

Historic Yield Curve Inversion Reaches 656 Days, Echoing Pre-Stock Market Crash Patterns

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Based on the latest data, the yield curve of the U.S. Treasury, which charts the yields for two-year and ten-year bonds, has remained inverted for a total of 656 days. This latest inversion joins previous records set in 1929, 1974, and 2008, all of which preceded substantial declines in the stock market. Recently, market observers […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/uIfqAHl

FTX Founder Bankman-Fried Agrees to Settlement, Aids Legal Action Against Celebrities

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In a significant turn of events, former FTX CEO Sam Bankman-Fried has agreed to a settlement with investors, providing crucial cooperation in ongoing lawsuits against high-profile celebrities. The settlement, pending court approval, could mark a pivotal moment in the extensive legal battles following the crypto exchange’s colossal collapse. Former Crypto Tycoon and Now Convicted Inmate […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/y75btmB

JPMorgan CEO Jamie Dimon: Bitcoin Is a Fraud, There’s No Hope for BTC as a Currency

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JPMorgan Chase CEO Jamie Dimon has doubled down on his anti-bitcoin stance, emphasizing that the crypto is a fraud with no future as a currency. “It’s a Ponzi scheme,” the executive stressed. However, despite his strong opinion about bitcoin, JPMorgan is an authorized participant for Blackrock’s spot bitcoin exchange-traded fund (ETF). Dimon, while advising investors […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/y75btmB

IRS Releases Draft Tax Form for Digital Assets — Expert Raises ‘Major Privacy and Security Concerns’

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The U.S. Internal Revenue Service (IRS) has released a draft tax Form 1099-DA for reporting digital asset proceeds from broker transactions. Brokers, including unhosted wallet providers, are required to report proceeds from digital asset dispositions to the IRS. A crypto tax expert has highlighted that the collection of certain data points, such as wallet addresses, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/y75btmB

Worldcoin Rejects Buenos Aires’ Claims Regarding Abusive User Contract Clauses

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Worldcoin, the digital biometric identification project, has rejected the claims made by Buenos Aires regarding possible infringements of customer protection laws. The organization told local sources that it answered Buenos Aires’ requirements since January to show the transparency it exercises in its operations. Worldcoin might face a deeper investigation if a local proposal gets approved. […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/sKZG6L0

Legendary Boxer Mike Tyson Joins Blockchain Social Network

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Boxing legend Mike Tyson has become an ambassador for the blockchain-based social networking app, Ready to Fight. Tyson describes Ready to Fight as a boxing-centric social network that assists boxers and the boxing community with their business needs. RTF Aims to Revolutionize the Boxing Ecosystem Former heavyweight boxing champion Mike Tyson has joined the Web3 […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/sKZG6L0

Halving Milestone: Block 840,000 Mined, Ushering in a New Chapter as Bitcoin Miners Face Shrinking Rewards

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At 8:12 p.m. ET on Friday, April 19, 2024, the Bitcoin network marked its fourth block reward halving at block height 840,000. Block 840,000 was mined by Viabtc, securing the notable ‘epic satoshi’ for the fortunate mining pool and a 3.125 BTC reward. The Halving Is Now Complete Bitcoin’s latest halving event occurred at block […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/sKZG6L0

Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency

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The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release, the institution reinforced that purchasing cryptocurrency with funds held in Fiji was illegal and that penalties could be applied to citizens doing so without the bank’s approval. Reserve Bank […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OBF2vIa

Plan B Predicts Repeat Performance Post-Bitcoin Halving Amid Mixed Analyst Forecasts

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At block height 839,856, the Bitcoin blockchain stands a mere 144 blocks short of the forthcoming reward halving at block height 840,000. Historically, bitcoin’s price has seen substantial increases following prior halving events. However, there are speculations that this occurrence might not follow the previous pattern. This week, the creator of the stock-to-flow (S2F) price […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OBF2vIa

Bitcoin Halving: Goldman Sachs Downplays Impact of ‘Buy the Rumor, Sell the News’

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Goldman Sachs analysts believe that whether the upcoming Bitcoin halving will turn out to be a “buy the rumor, sell the news” event may have less impact on bitcoin’s medium-term outlook. They explained that the bitcoin price performance will likely continue to be driven by the supply-demand dynamic and continued demand for spot bitcoin exchange-traded […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/OBF2vIa

Bitcoin’s Bullish Trajectory Should Resume After the Halving, Analysts Say

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Global asset management firm Alliance Bernstein has explained that bitcoin’s bullish trajectory should resume after the upcoming halving event. The firm’s analysts described: “We believe it is always new demand catalysts that lead to bitcoin price appreciation in every cycle.” Bernstein’s Analysts on Bitcoin’s Price Post-Halving Global asset management firm Alliance Bernstein’s analysts Gautam Chhugani […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/1CgYyNV

Worldcoin Foundation Announces ‘World Chain’ for Enhanced Human-Centric Apps

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Worldcoin is set to introduce a new blockchain called “World Chain,” which is designed to give precedence to human users over bots, purportedly enhancing both utility and accessibility. The Worldcoin Foundation stated that this platform will be deeply integrated with the Worldcoin protocol, employing the World ID’s proof of personhood to promote a user-centric approach […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/1CgYyNV

BIS Boss Coins ‘Finternet’ Term, Touts Tokenization as Tool for Solving Today’s Financial System Shortcomings

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BIS Head Agustin Carstens and Infosys co-founder Nandan Nilekani have proposed the idea of the “Finternet,” an interconnected financial system led by tokenized assets that would help to overcome today’s shortcomings in transacting financial assets. The core of this system would rely on the possibility of smart contracts managing these assets programmatically. BIS Boss Highlights […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/PCtsakY

Norway to Target Cryptocurrency Mining Through Data Center Regulation

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Norway has recently announced its intention of enacting a data center-focused law, which seeks to exert more control over the operations performed at these locations. One of the objectives behind this move would be to crack down on data centers hosting cryptocurrency mining operations, as it is an unwanted business in the country. Norway to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/PCtsakY

Binance Executive Located in Kenya After Escaping Nigerian Custody

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Nadeem Anjarwalla, the executive from Binance who escaped custody in Nigeria, has reportedly been found in Kenya. Law enforcement agencies in Nigeria, spearheaded by the Economic and Financial Crimes Commission (EFCC), are in talks with their Kenyan counterparts about Anjarwalla’s extradition. Nigerian Authorities Want Nadeem Anjarwalla Extradited According to a report, Nadeem Anjarwalla, a Binance […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/0vQBX9p

HSBC to Expand Tokenized Asset Offerings — CEO Says He’s ‘Very Comfortable’ With Tokenization

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Hong Kong’s leading commercial bank, HSBC, continues to invest in its tokenization product lineup. The bank’s CEO, Noel Quinn, stated that he is “very comfortable with the concept of tokenization.” He indicated that the bank will look at ways of tokenizing assets backed by “real” assets. HSBC’s CEO Discusses Tokenization Plans Hong Kong’s leading commercial […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/0vQBX9p

Trust Wallet Advises Apple Users to Disable Imessage Amid Fears of Zero-Day Exploit

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Trust Wallet, a crypto wallet provider, has issued a warning for Apple users to disable Imessage, based on “credible intel” about a zero-day exploit available on the dark web for $2 million, which could allow hackers to take control of users’ Iphones without any interaction needed. The alert was met with skepticism by some in […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/0vQBX9p

Latam Insights: Bitcoin Hurts El Salvador Credit Opportunities, Paraguay Supports Selling Power to Crypto Miners

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Bitcoin hinders El Salvador’s credit talks with the IMF, the Paraguayan Senate issues a statement supporting bitcoin miners, and Venezuela unveils a crypto-linked corruption scheme. Bitcoin Reportedly Hurts El Salvador Credit Opportunities With […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/SPTzejV

Coinbase Challenges SEC’s Definition of ‘Investment Contracts’ in Crypto Transactions

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In a recent legal challenge, Coinbase has filed a brief with the Southern District of New York, seeking permission for an interlocutory appeal against the U.S. Securities and Exchange Commission’s expansive interpretation of what constitutes an “investment contract” in digital asset transactions. This pivotal case could set significant precedents for the cryptocurrency industry in the […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/SPTzejV

JPMorgan Warns of Downside Risk in Crypto Markets

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JPMorgan has warned of a downside risk in crypto markets, citing subdued crypto venture capital flows. The global investment bank’s analysts also remain cautious about the U.S. Securities and Exchange Commission (SEC) greenlighting spot ethereum exchange-traded funds (ETFs) in May. Crypto Market’s Downside Risk Warning Global investment banking giant JPMorgan published a report on Thursday, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/SPTzejV

Former Security Engineer Sentenced to Three Years for Hacking Two Decentralized Exchanges

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A former security engineer, who stole digital assets valued at more than $12 million from two decentralized exchanges, has received a three-year prison sentence. In what has been characterized as the “first-ever” conviction for a smart contract hack, the U.S. Judge also ordered the ex-engineer to forfeit roughly $12.3 million. Ex-Engineer Sentenced to Three Years […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hfMYC6c

Chinese Fraud Victims Seek Government Aid in Recovering 61,000 BTC Seized by UK Law Enforcement

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A group of Chinese victims of a $6 billion fraud scheme have requested assistance from their country’s foreign ministry in recovering 61,000 bitcoins, seized from a fraudster and her associate. The fraud victims have strongly opposed attempts to transfer the ownership of these bitcoins to the U.K. government. Petition Garners More Than 2,500 Signatures A […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hfMYC6c

US, UK, Germany Among Countries With Largest Government Crypto Holdings, Arkham’s Data Shows

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The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador has been purchasing one bitcoin daily as announced by its president. Top Government Holders […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hfMYC6c

Deutsche Bank Survey: Over Half Expect Crypto to Become ‘Important’ Asset Class and Payment Method

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A new Deutsche Bank survey found that over half of respondents expect cryptocurrencies to become an important asset class and a method of payment. In addition, 10% of respondents expect the price of bitcoin to be above $75,000 by year-end. Deutsche Bank’s Crypto Survey A recent Deutsche Bank survey of over 3,600 consumers, published this […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/RMxDo23

$10.5 Trillion Asset Manager Blackrock’s Spot Bitcoin ETF Now Holds 270K BTC

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Blackrock, the world’s largest asset manager, shattered its record for assets under management (AUM), reaching a staggering $10.5 trillion. This financial behemoth also continues to dominate the U.S. spot bitcoin ETF market with its Ishares Bitcoin Trust (IBIT), which has amassed nearly 270K bitcoins. IBIT Has Amassed Nearly 270K Bitcoins Blackrock, the world’s largest asset […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/RMxDo23

Venezuelan Probe Unveils Crypto Money Laundering Scheme Linked to Oil Sale Embezzlement; Kraken Involved

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The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from unregistered oil sales paid in different currencies and crypto. The former president of the state-owned oil company PDVSA, Tareck El Aissami, the former Economy Minister Simon Alejandro Zerpa, and entrepreneur Samark Lopez were […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/me83tST

Costco Gold Business Booming: Estimations Put Monthly Sales Close to $200 Million

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According to Wells Fargo estimations, U.S.-based retailer Costco runs a $200 million gold business monthly. Consumer trust in the organization and its aggressive pricing have made Costco’s one-ounce bars of 24-karat gold a popular choice for investors, who take advantage of 2% over market spot prices. Costco Might Be Selling $200 Million in Gold Every […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/me83tST

Sam Bankman-Fried Files Notice of Appeal, Challenges Conviction and Sentence

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Former FTX CEO Sam Bankman-Fried formally lodged an appeal against both his conviction and sentence with the District Court for the Southern District of New York (SDNY) on Thursday. Bankman-Fried’s legal representatives had anticipated this move, having previously requested that he remain at New York’s Metropolitan Detention Center (MDC) to facilitate the appeals process. From […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/me83tST

Australian Securities Regulator Appeals Federal Court Ruling Favoring Finder Wallet

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The Australian securities regulator has said it will appeal the federal court’s dismissal of its civil penalty proceedings against Finder Wallet Pty Ltd. The regulator launched penalty proceedings against the crypto firm on Dec. 15, 2022, just days after Finder Wallet withdrew its Earn product. Product Finder Lacked the Necessary License or Authorization The Australian […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ojDrvXG

Russian Central Bank Chief: Mass Adoption of Digital Ruble Expected in 5 to 7 Years

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Elvira Nabiullina, head of the Russian central bank, has stated that the mass launch of the digital ruble will take five to seven years. This appears to contradict recent suggestions by the chairman of the State Duma Committee on the Financial Market that the launch will begin next year. No Decision Before 2025 Elvira Nabiullina, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ojDrvXG

US Senator Says ‘So Much Appeals to Me About Bitcoin’

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U.S. Senator Marsha Blackburn has revealed that there is “so much that appeals” to her about bitcoin. She explained that as we move forward and people are more comfortable with the cryptocurrency, “there will be more transactions in your daily life where bitcoin is accepted as a form of payment.” Senator Blackburn on Benefits of […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/ojDrvXG

Marathon CEO Credits Bitcoin ETF on Pre-Halving Price Surge

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Fred Thiel, CEO of Marathon Digital Holdings Inc., suggested that recent spot Bitcoin ETF approvals have accelerated the market’s appreciation, typically expected post-Bitcoin halving, by attracting significant capital into the market. Thiel remarked that this shift has led to an unusual pre-halving price increase, diverging from the traditional pre-halving price decline, with Marathon’s break-even rate […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hp2V6cR

Bitcoin Reportedly Hindering El Salvador’s Credit Opportunities With the IMF

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Bitcoin and its adoption by the government of El Salvador have become a negative factor in the country’s negotiations with the IMF. According to reports, the institution demands changes to El Salvador’s Bitcoin law to receive a $1.4 billion credit line for expediting public debt payments and other obligations. El Salvador’s Bitcoin Allegiance Is Getting […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hp2V6cR

Celo Adds Tether’s USDT as Gas Currency

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Celo, a low-fee, usability-focused blockchain, has approved using Tether’s USDT, a dollar-pegged stablecoin, to pay transaction fees. The passed governance proposal stated this functionality would simplify the transaction experience for users, who only need to hold the USDT stablecoin in their wallets to move value using Celo’s network. Celo Passes Governance Proposal Enabling USDT as […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/hp2V6cR

Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers

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ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be available for them after receiving a license from the Hong Kong Monetary Authority (HKMA). ZA Bank to […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Oti2Y8D

Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance

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Charles Hoskinson has criticized “all the dunking of Cardano,” and asserted that the protocol offers the “optimal route for scalability, governance, and innovation.” According to Hoskinson, the crypto industry’s problem is that it allows “carnival barkers [to] dominate the conversation.” Cardano FUD Charles Hoskinson, co-founder of Input Output Global Inc., has criticized “all the dunking […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Oti2Y8D

Kevin O’Leary Reveals Crypto Now Makes up 11% of His Portfolio

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Shark Tank star Kevin O’Leary, aka Mr. Wonderful, has revealed that cryptocurrencies now represent about 11% of his portfolio. He stressed that he owns crypto coins directly and would never buy spot bitcoin exchange-traded funds (ETFs). “I would never do that. Why would I pay the fees?” he emphasized, adding that he owns bitcoin and […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Oti2Y8D

Is It Time for Altcoins to Shine? Analyst Predicts Shift in Crypto Dynamics

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Throughout this week, while bitcoin and ethereum have been consolidating, vibrant discussions about the elusive ‘Altcoin Season’ have intensified across forums and social media platforms like X. Some anticipate that a rally among altcoins is on the horizon, even though the Altcoin Season Index still suggests it is “not Altcoin Season.” Altcoin Season Index Inches […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/9HsXIFW

Latam Insights: Paraguay Targets Bitcoin Miners, Brazil Mulls Crypto Taxation Changes

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Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Paraguayan lawmakers introduce a bill to ban cryptocurrency mining, Brazil to change crypto taxation framework, and a poll finds that Latam believes CBDCs might help combat corruption in the region. Paraguayan Lawmakers Introduce […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/9HsXIFW

BIS Announces Project Agorá: Central Banks Bet on Tokenization for Cross Border Settlements

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The Bank for International Settlements, the central banks’ bank, announced the launch of Project Agorá, a joint private-public initiative seeking to examine the potential benefits of tokenization for improving cross-border settlements. Agorá includes the participation of seven central banks and private institutions to be convened by the Institute of International Finance (IIF). BIS to Explore […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/9HsXIFW

Australian Asset Management Firm Transfers Bitcoin ETF Application to Cboe Australia

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Monochrome Asset Management, an Australian investment management firm, has transferred its bitcoin exchange-traded fund (ETF) application to Cboe Australia. This move aligns with Monochrome Asset Management’s objective of broadening its footprint in Asian markets. Monochrome’s Commitment to Investors Evident in Application Transfer Monochrome Asset Management, an investment management firm based in Australia, announced on April […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Sr72afp

Grayscale Removes Cardano From Its Crypto Large Cap Fund

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Grayscale Investments has removed cardano from its Digital Large Cap Fund. The crypto fund now holds bitcoin, ethereum, solana, XRP, and avalanche. The crypto asset manager also adjusted the holdings of its Smart Contract Platform Ex-Ethereum Fund. Cardano Removed From Grayscale’s Large Cap Fund Grayscale Investments, the world’s largest crypto asset manager, announced Thursday that […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Sr72afp

Robert Kiyosaki Responds to Bitcoin Crashing to $200 Prediction by Economist Harry Dent

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Rich Dad Poor Dad author Robert Kiyosaki has shared what he will do if the price of bitcoin crashes to $200 as predicted by economist Harry Dent. “Harry Dent is predicting the biggest ‘everything’ crash is coming,” the famous author said, emphasizing: “I am a hard, real money advocate, and I only save real gold, […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/Sr72afp