Canadian wellness firm approves plan to add $1M of Bitcoin to treasury
Jiva Technologies CEO Lorne Rapkin said the move to add Bitcoin to the treasury is “a unique opportunity to strengthen our treasury with a resilient and innovative investment.”
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Former US Army Interpreter Gets 30 Years for Dark Web Fentanyl Trade
A former interpreter for the United States military forces was sentenced to 30 years in jail for dealing fentanyl, which led to the death of a U.S. Marine.Drugs paid for with cryptocurrenciesAccording to a Reuters report from Oct. 3, a former Iraqi U.S interpreter was sentenced to 30 years in federal prison without the possibility…
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Crypto Biz: Binance Connect goes dark, Prime Trust is bust and PayPal unveils Crypto Hub
It’s been another week of mixed developments in the crypto industry, with established players winding down operations while newcomers introduce new crypto features and services. Binance’s buy-and-sell crypto arm was shut down on Aug.16, with the crypto exchange remaining under widespread regulatory scrutiny, affecting key partnerships for its operations worldwide. Crypto custodian Prime Trust filed for…
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SegWit Creator Introduces New Language for Bitcoin Smart Contracts
Bitcoin Core developer Peter Wuille has introduced new Bitcoin (BTC) smart contract programming language dubbed Miniscript.Wuille, a creator of major Bitcoin network upgrade SegWit, announced the Miniscript project website on the mailing list message for Bitcoin developers on Aug. 19.As noted in the statement, Miniscript was developed and implemented by Wuille, Andrew Poelstra and Sanket…
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Ripple CTO shuts down ChatGPT’s XRP conspiracy theory
An AI chatbot alleged Ripple can secretly control its blockchain through an undisclosed backdoor in the network's code and has been ridiculed by the firm's CTO. 1041 Total views 6 Total shares Own this piece of crypto history Collect this article as NFTRipple’s chief technology officer has responded to a conspiracy theory fabricated by Artificial…
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$89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative
CoinShares noted that despite “price weakness and perceived negative impact from the looming conflict in Eastern Europe,” digital asset investment products saw inflows totaling $109 last week. 894 Total views 20 Total shares Amid a marketwide downturn across major crypto assets over the past week, institutional traders tipped almost $89 million into Bitcoin (BTC) funds.…
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Battle-hardened Ronin bridge reopens following $600M hack: Finance Redefined
Welcome to Finance Redefined, your weekly dose of key decentralized finance (DeFi) insights, a newsletter crafted to bring you some of the major developments over the last week.This past week, the DeFi ecosystem saw Axie Infinity’s Ronin bridge relaunch with a fully backed 1:1 Ether (ETH) nearly three months after the infamous $600 million hacks.MakerDAO…
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Blockchain Storage Offers Security, but Leaves Data Transparent
In November 2019, security firm Risk Based Security called last year the “worst year on record” for breaches, with almost 8 billion records affected. Third-party control over personal data makes privacy something that is no longer a given.The advent of blockchain technology seems to have heralded a new era in data security. However, as the technology…
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Bitcoin tumbles under $90K amid ETF sell-off, mounting liquidations
Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.