Here’s what happened in crypto today
Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation.
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China’s Central Bank Prioritizes Development of Digital Currency
China’s central bank, the People’s Bank of China (PBoC) announced that it accelerated the development of its cryptocurrency. In an Aug. 2 statement, PBoC summarized the proceedings of a video conference, in which the bank conveyed the Party Central Committee and the State Council priorities on economic and financial initiatives ranging from monetary policy to support…
Net Bitcoin ATMs growth drops globally for the first time ever
Data on net changes of crypto ATM installations confirm that, in September, 796 crypto ATMs were pulled off from the global network. 256 Total views 20 Total shares The domino effect of a prolonged bear market seeped into the Bitcoin (BTC) ATM ecosystem as September 2022 recorded negative growth in global net installations for the…
What Will Be the Early Privacy Impact of Secure Multiparty Computation?
Currently, one of the most rigorously examined corners of the surging cryptography space, secure multiparty computation, or sMPC, is widely considered a viable solution to many practical situations in the real world. The concept has some promising implications ranging from privacy to scalability and efficiency, and it’s lasting impact lay outside the purview of only…
White House’s first crypto framework and missed opportunities — Law Decoded, Sept. 12-19
The industry didn’t take the document well, as the policymakers’ focus on security and enforcement is all too visible. 140 Total views 4 Total shares By the end of last week, the federal agencies presented the results of their six-month-long work on the principal directions for digital assets regulation in the United States. The resulting…
$24M CryptoPunk NFT quietly sold, Trump earned over $7M from NFTs: Nifty Newsletter
The most expensive CryptoPunk ever purchased was transferred for an undisclosed amount on Aug. 19, causing speculation about its sale price.
Former China Central Bank Exec Pushes for Digital Currencies
Former Bank of China vice president says digital currencies can be a substitute for cash on circulation. 1517 Total views 11 Total shares The former vice president of China’s central bank pushed for central bank digital currencies positioning it as a substitute for cash in circulation.Wang Yongli, former vice president of Bank of China and…
An AI bot didn’t create the GOAT crypto token — but did shill it
An a16z-funded AI bot called Truth Terminal did not launch a memecoin called GOAT, but it did endorse the token and sent it briefly rallying to a value of just over $150 million.
Bullish on Bitcoin, US Senator Ted Cruz wants Texas to be a crypto oasis
Texas combines plentiful and relatively low-energy prices with free enterprise, according to the lawmaker. Own this piece of crypto history Collect this article as NFTUnited States Senator Ted Cruz wants to make the American state of Texas an oasis for Bitcoin (BTC) and cryptocurrencies. Speaking at the Texas Blockchain Summit 2022 in late November, the politician…