IRS Focusing on Potential Illicit Activities Facilitated by Bitcoin ATMs: Official

news A VC-backed blockchain firm that helped curate courses at Harvard, Oxford and Cambridge is officially rolling out its programs at three California universities. MouseBelt‘s Blockchain Accelerator launched Wednesday at UC Davis, UC Los Angeles and UC Santa Barabara, boosting the educational presence at the noted U.S. schools. Backed by over $40 million in funding…

Bitcoin (BTC) and the U.S. inflation-adjusted bond yield are again moving in opposite directions, exhibiting the strongest negative correlation in four months.The 30-day correlation coefficient between bitcoin and the 10-year U.S. inflation-indexed security turned negative this month, declining from +0.28 to -0.72, a level last seen in April, according to charting platform TradingView. A reading…

A new interpretive letter from the Office of the Comptroller of the Currency paves the way for stablecoins and public blockchains to be fully integrated in the financial infrastructure. This episode is sponsored by Nexo.io.Yesterday, the Office of the Comptroller of the Currency released Interpretive Letter 1174. The letter allows banks to participate as nodes…

The Stellar blockchain could be facing a delay of its much anticipated upgrade to add Ethereum-style smart contracts, after a bug was found that prompted developers and validators behind the project to reconsider the Jan. 30 target date.The Stellar Development Foundation, which supports the blockchain's ecosystem, found a bug on Jan. 25 in the Stellar

Feb 4, 2020 at 17:00 UTCUpdated Feb 4, 2020 at 17:23 UTCConsenSys founder Joseph Lubin speaks at Consensus 2019, photo via CoinDesk archivesEthereum venture studio ConsenSys is shifting focus – and downsizing as a result.The Brooklyn, N.Y., company announced at an all-staff meeting Tuesday its latest restructuring would shrink the firm's headcount by approximately 14…

"We've decided to transfer a big chunk of our Bitcoin to a cold wallet, and store that cold wallet in a physical vault within our national territory," President Nayib Bukele, who made history by declaring bitcoin legal tender in September of 2021, said Thursday on X. With something like $400 million in bitcoins at stake

An upgrade to reduce epoch transitions to make the Cardano blockchain smoother for network users was released on Monday by developers.Epochs refer to the time periods on the Cardano blockchain. Each epoch lasts 432,000 slots, and each slot lasts 1 second – meaning a single epoch lasts roughly five days. ADA tokens are staked during…

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news Vitalik Buterin, the creator of ethereum, has just donated $300,000 in cryptocurrency to three blockchain startups – apparently making the decision in response to a Twitter thread. The three projects receiving the 1,000 ETH grants are Prysmatic Labs, ChainSafe Systems and Sigma Prime. All are projects working to build the blockchain network’s next iteration, ethereum…