New law grants US president power to block digital asset access
A new U.S. law grants the president unprecedented authority to block access to digital assets, sparking significant concerns about its broad implications and potential impact on users.
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Not medical advice: Bitcoiner implants Lightning chip to make BTC payments by hand
The Lightning Network continues to shock the Bitcoin (BTC) community. A swiss IT Professional called F418 (not his real name) surgically implanted a Lightning-enabled chip into his right hand to make Lightning Network (LN) payments.An X-Ray image of the chip implanted into F418's hand. Source: YoutubeSpeaking with Cointelegraph, F418 said he experimented with body modification…
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Sink or swim at $27K? 5 things to know in Bitcoin this week
Bitcoin (BTC) is fighting for the bull trend as the new week begins as the market acts within a crucial zone.After closing the weekly candle at just below $27,000, BTC/USD is attempting to cement support as a stubborn trading zone holds.The stakes are already high — last week saw a flash dip below $26,000 and…
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Senators slam bank execs for blaming collapses on crypto, pocketing millions
A former Signature Bank executive has been slammed for seemingly trying to place the blame for his bank’s collapse on crypto while purportedly being able to pocket millions in bonuses and stock options. During a Senate Banking Committee hearing on May 16, United States Senator Cynthia Lummis lashed out at Scott Shay, the former chairman of…
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Bitcoin bears beware! BTC holds $17K as support while the S&P 500 drops 1.5%
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Coinbase President and COO Departs From the Company
American major cryptocurrency exchange Coinbase’s president and chief operating officer (COO) Asiff Hirji has left the company, Bloomberg reported on May 31.A source familiar with the issue told Bloomberg that Coinbase named Emilie Choi, vice president of business, data and international, as its new COO. Prior to the appointment, Choi — who served at Yahoo…
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Avalanche (AVAX) in ‘overbought’ zone after 100% gains in a week — Correction ahead?
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Singapore to explore digital asset tokenization on public chains
The project will see MAS explore DeFi applications in wholesale funding markets by establishing a liquidity pool of tokenized bonds and deposits. 502 Total views 32 Total shares The Monetary Authority of Singapore (MAS) has launched Project Guardian, a blockchain-based digital assets trial that will use tokenization. The project will include regulated financial institutions serving…
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Crypto Lending Platform Nexo Lowers Rates on Instant Credit Lines
Nexo, a crypto lending institution, announced that it has lowered the interest rates on its instant crypto credit lines.Lowest rates in the blockchain ecosystemIn a press release published Oct. 22, Nexo announced that it was lowering interest rates on its credit line service after securing long-term cost-efficient financing. The instant lending platform claims that they…