US Bitcoin reserve idea sparks Davos debate on crypto’s future
Donald Trump’s return to the Oval Office has sparked renewed optimism for the future of Bitcoin adoption and the growth of the US cryptocurrency industry.
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China’s digital yuan could be a fatal blow for Macau casino junkets
Macau's casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the introduction of a fully traceable digital yuan. Beijing's bid to better control money laundering and illicit transactions through a fully-traceable central bank digital currency could pose a threat to the country's…
Paxful co-founder Schaback faces 5 years jail, admits AML failure
Artur Schaback, one of the co-founders of crypto exchange Paxful, has agreed to a plea deal with U.S. prosecutors that could see him locked up for five years.
Bitcoin Tests $10,000, ‘Halving Dump,’ $1M BTC Predicted: Hodler’s Digest, May 4–10
Coming every Sunday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekThree reasons for the Bitcoin “halving dump” from $10,000 to $8,100We’re less…
Judge Orders Arrest of Former GOP State Senator Involved with Crypto Scam
A Texas federal judge issued a bench warrant in response to a contempt motion brought by the SEC against former Rep. Senator David Schmidt. A Texas federal judge issued warrants for the arrest of an ex-Washington state senator and the leaders behind an alleged cryptocurrency scam involving the Meta 1 coin. At an April 21 hearing…
Asia Express: China’s NFT market, Moutai metaverse popular but buggy…
After a one-year hiatus, Our Man in Shanghai returns, but he’s no longer based in Shanghai (the crypto crackdown was a factor in the column’s retirement), so a rebranding is in order. This space is now called “Asia Express,” and it’s a weekly roundup of news from mainland China and Taiwan and the rest of…
Court Denies Craig Wright’s Motion for Judgment in Kleiman V. Wright
Judge Bruce Reinhart has denied a motion from Craig Wright in the ongoing Kleiman V. Wright saga. Wright apparently filed for a judgment on the pleadings in a two-pronged attack — neither of which met with sympathy from the court.The court issued its decision on Aug. 15. As stated in the court document, Wright presented…
Ledger clarifies how its firmware works after deleted tweet controversy
On May 18, crypto hardware wallet provider Ledger clarified how its firmware works after a controversial May 17 tweet was deleted by the company. The deleted tweet, which Ledger said was written by a customer support agent, had stated that it was “possible” for Ledger to write firmware that could extract users’ private keys.[1/3] You…
Crypto News From the Spanish-Speaking World: Sept. 8–14 in Review
The Spanish-speaking world sees major cryptocurrency and blockchain developments with Uruguay approving a new bill that could be applied positively to ICOs, Cuba using crypto to access the global economy and Venezuela finally installing its first Bitcoin (BTC) ATM.Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph…