Bitcoin reserve may end up a ‘potent political weapon’ — Arthur Hayes
Creating a national stockpile of Bitcoin or cryptocurrency would turn any crypto held by the government into a “political weapon,” Maelstrom’s Arthur Hayes said.
Related Posts


Crypto.com accidentally sends 320k ETH to Gate.io, recovers funds days after
Crypto.com CEO confirmed the return of the funds and reassured the investors that new processes and features were implemented to prevent a reoccurrence. 984 Total views 9 Total shares The fall of FTX highlighted the importance of proof of reserves in averting risks and improving investor confidence, urging leading crypto exchanges to publicly list down…

Report: North Korea in Early Stages of Building Own Cryptocurrency
A North Korean representative reportedly said that the country is in the early stages of developing its own Bitcoin (BTC)-like cryptocurrency.North Korea trying to evade international sanctionsOn Sept. 18, Vice news reported that the Democratic People's Republic of Korea (DPRK) is developing its own cryptocurrency in an attempt to evade international sanctions and find a…

TON users gain free access to advanced analytics
The Open Network community gains free access to over 60 advanced analytics indicators through an IntoTheBlock integration.

European Central Bank Exec: Libra Won’t Launch Until Regulators Are Satisfied
Benoit Coeure, a board member of the European Central Bank, said that Facebook’s Libra coin will not launch until global regulators are satisfied. Speaking to Reuters at the G7 summit in Chantilly, France on July 18, Coeure said that the proposed stablecoin must be guaranteed to be safe for users before it can launch:“You’ve got to…

ETHW Core to push on with Ethereum PoW fork 24 hours after Merge
ETHW Core plans to split off from the main ETH blockchain and maintain a PoW version to keep ETH mining alive beyond The Merge. 779 Total views 5 Total shares The long awaited Ethereum Merge is just around the corner, but not everyone is excited about the major upgrade. A group calling themselves ETHW Core…

Sonic Labs says its layer-1 blockchain will go public ‘soon’
The Sonic blockchain is a new, separate chain to the Fantom Opera network and users will soon be able to swap their FTM tokens for “S” tokens at a 1:1 ratio.

Solana developers share 3 key mitigation steps to make the network robust
Developers have suggested changing Solana’s current data transfer protocol UDP to QUIC, stake-weighted transaction processing and a fee-based transaction priority. 293 Total views 4 Total shares The Solana network faced its seventh outage on Saturday, resulting in a downtime of over seven hours. The developer team has come out with an outage report, along with three…

Ethereum Classic Jumps Into DeFi With Fantom Partnership, But Only as Collateral
ETC Labs and Fantom Foundation are collaborating to bring decentralized finance (DeFi) to Fantom’s ecosystem, a Feb. 10 press release announced. Ethereum Classic (ETC) will serve as collateral for issuing a stablecoin similar to Maker’s DAI on the Fantom platform.Fantom will be using the Xar Network, a DeFi framework specifically developed for the project. The…