Winklevoss twins refunded for exceeding Bitcoin donation limit to Trump
It is uncertain whether the Trump 47 Committee, returned the amount in Bitcoin or converted it to its equivalent value in cash.
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Bank of France Launches Experiment Program on Central Bank Digital Currency
As a number of global jurisdictions like the Bahamas and Sweden are already testing their central bank digital currencies (CBDC), French central bank is getting more straightforward regarding its own CBDC plans.The Bank of France is now officially launching a program of experiments to test the integration of a CBDC for interbank settlements, inviting potential…
USDT issuer Tether responds to Chinese securities exposure reports
USDT issuer Tether said that they “do not condone” the behavior of the media outlets and highlighted that the materials presented do not reflect what Tether is at present. 814 Total views 11 Total shares Stablecoin-issuer Tether has published a lengthy response to reports that the reserves of Tether (USDT), one of the largest stablecoins,…
Bitcoin Lightning Nodes Claimed 2.22 BTC in ‘Justice’ Against Thieves: BitMEX
Bitcoin (BTC) Lightning Network nodes have claimed 2.2 BTC in “justice transactions” to deter potential thieves, a BitMex Research analysis revealed on July 15.A so-dubbed “justice transaction” is a punitive mechanism involving the closure of a lightning channel that is suspected to be attempting theft. As the report outlines:“[B]y design, when a thief attempts to…
New name, old problems? Libra’s rebrand to Diem still faces challenges
Facebook-backed Libra Association’s rebrand to Diem looked to quash negative perceptions of the project, but its new name has not changed the regulatory pressures the project still faces.It has been 18 months since Facebook announced that it was looking to launch its very own payments system project that would plug into its social media platforms.…
Bakkt Trades 71 Bitcoin Futures Contracts in First 24 Hours
Intercontinental Exchange’s (ICE) Bakkt platform has traded 71 Bitcoin (BTC) futures contracts in the first 24 hours following its launch on Sept. 22.According to ICE historical data on Bakkt’s Bitcoin/USD futures contract trading, the platform has traded 71 BTC at press time, with the last recorded trading price settling at $9,875 per Bitcoin.Bakkt Bitcoin (USD)…
Vitalik: Layer-2 scaling will make crypto payments ‘make sense’ again — KBW 2022
“It's a vision that has been, I think, forgotten a little bit and I think one of the reasons why it has been forgotten is basically because it got priced out of the market,” Vitalik Buterin said. 390 Total views 5 Total shares Ethereum co-founder Vitalik Buterin has argued that crypto payments will once again…
Bank of Spain Warns Citizens Against Crypto Given Lack of Local Regulations
Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting unregulated cryptocurrencies. The Bank of Spain’s notice, issued Feb. 10, followed an official blog post published two days earlier, which had outlined the institution’s stance on cryptocurrencies, their characteristics, and their legal status in Spain and the wider European…
Why reduced Bitcoin futures volume may signal the start of a new bull trend
Bitcoin (BTC) futures volume and open interest are declining rapidly. Data shows that since the September peak, BTC futures volume has dropped by 60% from over $25 billion to around $10 billion.Bitcoin futures volume by exchange (September). Source: Digital Assets DataWhile the decline in trading activity could ostensibly seem like a negative metric, it could…