El Salvador rushes in new Bitcoin law to comply with IMF deal: Report
The legislation reportedly rolls back a previous mandate that businesses accept Bitcoin for payments.
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IBM Awarded Patent for Autonomous Self-Servicing Devices Within Blockchain-Based IoT System
IBM has won a patent for the autonomous self-servicing of networked devices that form part of its Autonomous Decentralized Peer-to-Peer Telemetry (ADEPT) environment. The patent, first filed in late June 2016, was awarded by the U.S. Patent and Trademark Office (USPTO) September 18.IBM first unveiled a proof-of-concept (PoC) for ADEPT in partnership with Samsung back…

Gate.io users at risk as scammers fake giveaway on hacked Twitter account
The fake website is actively promoting a fake giveaway of 500,000 USDT while asking users to connect their wallets (such as MetaMask) to claim the rewards. 196 Total views 17 Total shares Hackers took over the official Twitter account of crypto exchange Gate.io, putting over 1 million users at risk of losing funds to an…

$1B worth of ETH burned in the past 30 days due to record high OpenSea NFT transactions
Despite the large burn value, the network is still inflationary until its PoS transition scheduled for Q2 or Q3. 367 Total views 49 Total shares According to blockchain data from Nansen Analytics on Tuesday, over $1.096 billion worth of Ethereum (ETH) has been burned in the past month. With the introduction of the EIP-1559 last…

Yiedl Announces Marketplace for NFT Rentals and Mortgages
Tokyo-based crypto startup Yiedl has announced that it will launch a non-custodial peer-to-peer, or P2P, mortgage and rental market for non-fungible tokens, or NFTs.Speaking to Cointelegraph, Yiedl founder and chief executive Kohshi Shiba asserted that the platform will support a myriad of tokens as most real-world assets are tokenized.“For assets that have persistent external utility,…

The US dollar doesn’t need to collapse for BTC to reach $200K — Bitwise CIO
If Bitcoin matures as a store-of-value asset and governments continue to debase their fiat currencies, its price will surge well into six-figure territory, predicts Bitwise CIO Matt Hougan.

Brazilian toddler makes over 6,500% profit on her first Bitcoin holding
A father's gift of 1 BTC (roughly $915.80) to his newborn daughter back in 2017 is now worth more than $60,000. 307 Total views 3 Total shares A 4-year-old girl has reportedly earned over 6,500% profit on a one Bitcoin (BTC) gift she received on the day of her birth. João Canhada, the founder of a…

HSBC Is First Bank to Finance Transaction Via Hyperledger on We.trade
Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade.Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within a second round of pilots that started in June 2019, economics magazine Global Trade Review (GTR) reported on Aug.…

Dai Supply Hits New Highs as Efforts to Restore Peg See Limited Success
The MakerDAO community approved and executed a vote on Thursday to almost double the total debt ceiling, which indicates how much Dai (DAI) can be minted by its users.An announcement by the Maker Foundation posted on July 29 details the specific proposal to raise the debt ceilings for Ether (ETH), USD Coin (USDC), Wrapped Bitcoin…