IMF pressures El Salvador to overhaul Bitcoin regulations
According to the International Monetary Fund, El Salvador has an annual GDP growth rate of 3% and roughly $144 million in outstanding loans.
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Terra buys $200M in AVAX for reserves as rival stablecoins emerge
The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX while Near Protocol is rumored to release a new stablecoin. Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of AVAX tokens from the Avalanche Foundation. TFL, the…
Cointelegraph Consulting: Deep diving with Ethereum whales
Apart from the amount of Ethereum that the whales hold, another defining characteristic of the group is its investment behavior pattern: It goes long on its assets and, probably, on the ecosystem itself. Neither have the whales sold any significant portion of ETH throughout the life of their addresses nor have they transacted with their…
Launching in 3, 2… Here’s why Bitcoin breaking $40,000 is different than last time
Bitcoin broke $40,000 in a strong recovery rally over the past three days as BTC could stabilize above the key level in the foreseeable future. 3099 Total views 17 Total shares The price of Bitcoin (BTC) broke above $40,000 on Feb. 6 for the first time in 23 days. But this time, the market sentiment…
Ex-Binance adviser to join Kamala Harris campaign: Report
The prospective Democratic nominee’s position on crypto and blockchain was still unclear, but officials connected to the industry are reportedly getting on board.
BitGo settles with US Treasury over sanctions violations in Iran, Syria and Cuba
The settlement repeats the Treasury's message that crypto companies will need to know their customers. 926 Total views 6 Total shares The U.S. Treasury has settled with BitGo over charges that it facilitated users in sanctioned areas to transact using its crypto wallet services between 2015 and 2019.BitGo, an institutional crypto custodian service and wallet…
FTX reboot on the way: CEO holds talks with ‘interested parties’ — Report
FTX is inching closer to a potential reboot, with CEO John Ray reportedly opening up the floor to bidders looking to finance the new venture. Bankrupt crypto exchange FTX is one step closer to relaunching as an entirely new exchange.According to a June 28 report from the Wall Street Journal, FTX restructuring chief John Ray…
Ethereum blob count is ‘uncomfortably close to a ceiling’ — Vitalik Buterin
“I think the ecosystem is sleeping on the fact that it's uncomfortably close to a ceiling,” cautions the Ethereum co-founder.
Twitter Users Can Now Send Crypto to Each Other With Torus
A private key management startup, Torus, enables social media users to send crypto using Twitter and GitHub handles. 1383 Total views 25 Total shares Torus, a Singaporean crypto key management platform, now allows users to send cryptocurrencies through social media platforms such as Twitter.With Torus’ latest update, v1.7.2, users can now send tokens to any Twitter…