Why the World’s Largest Asset Manager Is Getting Into Bitcoin

To answer the question: No, President Joseph Biden is not suddenly a backer of Bitcoin. But the octogenarian politician’s social media team is appropriating the imagery of hardcore Bitcoiners, after posting an image of the U.S. president with laser eyes on Twitter/X.This is an excerpt from The Node newsletter, a daily roundup of the most

Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday.Brian Brooks(Coinbase)Jan 13, 2021 at 11:01 p.m. UTCOCC Chief Brian Brooks Is Stepping Down ThursdayBrian Brooks, who was named the temporary head of the Office of the Comptroller of the Currency (OCC) last summer, made the announcement official a…

LVC, the crypto exchange operator and blockchain business unit of LINE, is launching a service that allows users to lend crypto assets like bitcoin and ethereum to its exchange BITMAX. In return lenders will receive a rental fee, which is like the interest on a bank loan.Between Oct. 7- Oct. 30, the company will run…

Bitcoin returned briefly on Monday to its recent, loftier heights above $31,000 before dipping slightly below the threshold.The largest cryptocurrency by market capitalization was recently trading at $30,690, up almost 2% over the past 24 hours as investors seemed to regain the enthusiasm they held following spot bitcoin ETF filings by BlackRock and other financial…

Crypto storage tokens led gains for the first week of July with Filecoin’s FIL and Storj’s STORJ outperforming large cap tokens such as bitcoin and ether.The native token of the Storj protocol spiked  43% rise on Tuesday, and although it has retreated slightly since, it has recently gained 15% over the last seven days. Filecoin’s…

The Ethereum layer-2 project Optimism has been all smiles since its launch in late 2021 – but with a missing tooth. Namely, it lacked the "fault proofs" critical to making the project an "optimistic" rollup; these are critical for challenging malicious transactions. As of this week, the gap has finally been filled in. Read on.Crypto-lending

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news Shinhan Card, South Korea’s top credit card company, has been granted a patent for a blockchain payment system. As reported by The Korea Times on Monday, the Shinhan Financial Group affiliate said it has developed a “world-first” service based on blockchain technology that offers credit card functionality, including setting spending limits, making monthly installments and payments…

Sam Bankman-Fried’s plan to argue his lawyers approved alleged fraud during his time at FTX should be struck down for being “irrelevant,” lawyers for the Department of Justice said in a Tuesday legal filing.Bankman-Fried has pleaded not guilty to multiple counts of fraud after his crypto exchange collapsed in November 2022, and counsel are currently