Bahamas wants to force banks to support its ‘Sand dollar’ CBDC
The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for ways to boost its adoption.
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‘Green oasis’ for Bitcoin mining: Norway has almost 1% of global BTC hash rate
Bitcoin (BTC) mining in Norway is 100% renewable and “flourishing” according to a report by Arcane Research. “A green oasis of renewable energy,” Norway contributes almost 1% to the global hash rate and is almost entirely powered by hydropower.The report compiled data from the Cambridge Bitcoin Electricity Consumption Index and data from Coinshares to conclude that…
Top 11 greatest investors of all time
Learning from the greatest investors of all time can provide valuable insights into successful investment strategies and philosophies. Their success stories and experiences can inspire and guide new investors. Studying their methods can help individuals develop their own investment approach and improve their chances of achieving success in the financial world.Here are the top 11…
The differences in trading in a bullish and bearish market, explained
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Coinbase shares to open lower after 75% drop in net income in Q3
Coinbase posted total net revenue of $1.235 billion in Q3 falling 30% short of FactSet estimates of $1.614 billion. 88 Total views 6 Total shares Coinbase (COIN) shares have taken a hit after the firm posted a 75% decrease in net income during the third quarter. COIN closed Nov. 9 with a 0.98% gain at…
99-year-old Hungarian artist’s computer generated NFTs sold for $1.2M
Vera Molnár pioneered the use of computer-generated art in the latter half of the 20th Century. 157 Total views 5 Total shares Computer-generated nonfungible tokens (NFTs) created by Hungarian artist Vera Molnár in collaboration with Martin Grasser sold out during Sotheby's Dutch auction for 631 Ether (ETH), or around $1.2 million, in less than one…
Libra Will Upset World Economy if It Isn’t Regulated Tightly, G7 Warns
Cryptocurrencies such as Libra risk upsetting the world’s financial system if they are not regulated tightly, G7 finance ministers have warned.According to Reuters, French finance minister Bruno Le Maire told a news conference on July 18 that the G7 “cannot accept private companies issuing their own currencies without democratic control.”His remarks followed informal talks in…
Binance transition: Examining the internal overhaul since CZ’s arrest
Following the indictment of its CEO, Changpeng Zhao, Binance now says compliance is at the top of its agenda.
Samourai BTC Wallet Removes Privacy Features at Google’s Behest for Transparency Policy
Bitcoin (BTC) wallet provider Samourai Wallet said it was disabling several privacy-related features in its products due to notices from Google to block the wallet, according to a Jan. 7. blog post.Samourai, which has aimed to provide a Bitcoin-centric experience through adding enhanced anonymity options and removing references to fiat currency, confirmed it was removing…