Elon Musk starts to comply with Brazilian Court orders, suspends accounts on X
At least 11 accounts linked to the spread of misinformation in Brazil have been banned from X over the past few days as the platform begins complying with Supreme Court orders.
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Bitcoin falls below $27K to December 2020 lows as Tether stablecoin peg slips under 99 cents
Bitcoin (BTC) fell out of its long-term trading range on May 12 as ongoing sell pressure reduced markets to 2020 levels.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTether wobbles as UST stays under $0.60Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it exited the range in which it had traded since the start of 2021.At…
Fool’s gold? Peter Schiff’s bank under investigation in tax evasion probe
Does an extortion attempt from Russian hackers explain Schiff's hatred for Bitcoin? 1054 Total views 16 Total shares This morning, millionaire broker and noted Bitcoin skeptic Peter Schiff awoke to find his bank under renewed scrutiny due to an international criminal investigation. According to reporting from Australian newspaper The Age and The New York Times, the…
Cardano’s Payment Gateway for Merchants Is Now Live
The Cardano Foundation, the firm behind the 12th biggest cryptocurrency Cardano (ADA), has launched AdaPay, an ADA payment gateway for merchants.Developed by the Cardano Foundation and enterprise-grade fintech platform Coti, the solution allows merchants to accept ADA payments with “near-instant” settlement in 35 fiat currencies directly in their bank accounts, the firm announced Nov. 27.The…
Fintech Firm trueDigital Expands Over-the-Counter BTC, ETH Reference Rate Distribution
New York-based fintech infrastructure provider trueDigital Holdings (TDH) is partnering with crypto data firm Kaiko and digital assets analytics company Inca Digital Securities to widen the distribution of its over-the-counter (OTC) reference rates for Bitcoin (BTC) and Ethereum (ETH). The development was shared with Cointelegraph in a press release on March 25.As reported last year,…
Festivals in the metaverse: How Web3 projects are taking culture virtual
The metaverse is the future, or so is the claim of many interacting with the industry — a claim that can be backed up by the amount of activity pouring into the Web3-metaverse domain. Engagement in the metaverse of 2022 is looking less like a Sims-esque video game and more like government agencies creating virtual offices…
US SEC to Review Rejection of Nine Bitcoin ETF Applications
The U.S. Securities and Exchange Commission (SEC) will review its decision to reject nine applications to list and trade various Bitcoin (BTC) exchange-traded funds (ETFs), Reuters reported August 23. On Wednesday, the SEC disapproved a total of nine inquiries from three companies to bring BTC-based ETFs to market, claiming that the products did not comply…
Altcoins bag double-digit gains as Bitcoin price approaches $37,000
Cryptocurrency prices surged on June 29 as Bitcoin (BTC) price pushed through the $35,000 resistance level and lifted the total market cap by $93 billion, with $50 billion of that total flooding into altcoins.Bitcoin put on a 7% gain on the day to climb back above $36,000 and leading traders to expect a rally to the $38,000…
Bitcoin energy debate resurfaces with calls for ‘green hackers’ to attack network
The exponential rise in Bitcoin’s price and hash rate is driving critics to once again question the largest blockchain’s energy efficiency — with calls for “green hackers” to band together to mount an attack on the network.Total world production and consumption vs. Bitcoin. Source: CBECIA self styled “developer and ecologist” who goes by the name…