The Silk Road balance sheet difference: Still lacking $4.8 billion worth of Bitcoin
The original Silk Road market has been closed for seven years. To this day, 444,000 bitcoins worth $4.8 billion are still missing. Just recently, a report on these funds discussed a kind of market… read more.
Many facts pointing to Paul Le Roux becoming Satoshi Nakamoto
Paul Calder Le Roux, a 48-year-old former programmer and crime cartel boss, was regarded as a suspect in Satoshi Nakamoto in the spring of 2019. This suspicion has led some people to believe that Le Roux is by far the most credible Satoshi Nakamoto,… read more.
Philippine regulator warns investors to avoid Bitcoin Cuponzi scheme in mining cities
People are discussing a mining contract plan and conducting a round called “Mining City” or “Bitcoin Vault” online. The Philippine Securities and Exchange Commission (SEC) recently issued a warning against the action and the alleged project planner. One… read more.
Fidelity Digital Assets hyped Bitcoin voucher as listed companies currently hold more than 600,000 BTC
Fidelity Digital Assets (FDA) stated that the use of Bitcoin to diversify investment portfolios is particularly important when the global benchmark interest rate is near or below zero. The FDA explained in its Bitcoin that the opportunity cost of not being allocated to Bitcoin is higher.
Shariah compliance expert says cryptocurrency is a legal commodity
An expert in Sharia law compliance, the current chairman of the Islamic Sharia Advisory Committee of the Central Bank of Malaysia, and Sharia board members of many financial companies said that cryptocurrency is a legal commodity that can be exchanged. Cryptocurrency and Sharia law compliance… read more.
Cryptocurrency ETF: SEC hopes to promote the development of tokenized products
Chairman Jay Clayton said that the US Securities and Exchange Commission (SEC) hopes to promote the development of tokenized exchange-traded funds (ETFs). The agency is working with other U.S. regulators to determine how to regulate different encryption products. The SEC is open to the tokenization of…
Cashfusion usage has increased by 328%, BCH has merged with USD 200 million, and the number of fusions is close to 20,000
Cashfusion is a privacy-enhancing solution for the Bitcoin Cash network. It is close to its first anniversary. In the past four months, integration has increased by 328.93%. The agreement has recently completed a security review, and the integration is close to 20,000, which is close to… read more.
FSB report says stablecoins promote financial inclusion: urges regulators to strengthen money laundering control
The Financial Stability Board (FSB) stated that stablecoins have the potential to improve the efficiency of financial service delivery. The agency added that hybrid cryptocurrencies may also improve payment efficiency (including cross-border payments)… read more.
Inflation is high, the lira rises to record lows, and Turkey’s Bitcoin adoption rate soars
Turks are increasingly turning to Bitcoin because the local currency, the Turkish Lira, has recently reached a record low exchange rate against the US dollar. Turkey’s Bitcoin adoption rate exceeds that of other countries in the region. Turkey is the regional leader in Bitcoin adoption.
The Great Financial Reorganization: IMF Managing Director Calls for “New Bretton Woods Moment”
Kristalina Georgieva, managing director of the International Monetary Fund (IMF) in Washington, DC, called for “a new Bretton Woods moment” as the global economy freed itself from the disastrous effects of central planning. Georgieva talked about the moment of October 15th,… read more.
Rare Batman NFT digital art collection sold for a record price of 540
The five-piece Batman digital artwork was sold on Makersplace for a total price of 540.86 ether, which is approximately US$202,000, which is the highest price for an irreplaceable encrypted artwork. The rare artwork is a collection of animations or PNG files of “Darkness”…Learn more.
Peter Schiff’s Europac is under investigation by tax authorities in 5 countries
According to reports, Euro Pacific Bank, founded by the gold bug and Bitcoin skeptic Peter Schiff (Peter Schiff), is under investigation by tax authorities in five countries. Allegedly, the bank’s customers include several tax fraud planners and the Russian group described by the FBI…more.
Currency stability: IMF and Federal Reserve Chairman Powell discuss the meaning of digital currencies
On Monday, the International Monetary Fund (IMF) released reports on crypto assets, such as Central Bank Digital Currency (CBDC) and Global Stable Coins (GSC). In addition, the International Monetary Fund also hosted a virtual group to discuss digital currencies and cross-border payments related to…
An Ethereum VR game with Atari and Care Bears as the theme sold virtual land for $76K
This year, a large number of non-fungible tokens (NFTs) have been sold in various markets, creating tens of thousands of dollars in NFT sales. A specific platform called The Sandbox has been selling virtual land parcels for thousands of dollars.
Macro investor Dan Tapiero on cryptocurrency adoption: emerging economies before developed countries
Bitcoin and gold holder Dan Tapiero (Dan Tapiero) stated that it is too early to talk about the widespread adoption of cryptocurrencies because the proportion of users relative to the rest of the population is still low. Tapiero made a comment when referring to a study,…read more.
Bitcoin supporter Bemoan Joe Biden’s proposed capital gains
Only 14 days before the US presidential election, many Bitcoin supporters have been discussing the capital gains tax that Joe Biden planned to invoke when he won the US presidency. According to Biden’s plan, capital gains… read more.
Payments giant Paypal says its customers can now buy and sell bitcoin
Payment giant Paypal said that customers can now use the company’s online wallet to buy, sell and hold Bitcoin and other virtual coins. The company also stated that its customers will be able to use cryptocurrency to shop at 26 million merchants… read more.
Hackers donate bitcoins from ransomware attacks to charity
A group of hackers donated some bitcoins ransomed by ransomware attacks to charities, claiming that they wanted to “make the world a better place.” However, the law stipulates that donations from improper proceeds must be rejected, but… read more.
Institutions are short and hedge funds are short: Bitcoin options traders prepare for the “big move” in advance
Trends in the Bitcoin options market make it difficult for financial analysts to accurately determine BTC’s next move. Data from CME Group’s recently released Dealers Report shows that institutional investors are capturing a large number of long Bitcoin contracts, while hedge funds are…read more.
$10 billion in BTC reserves: companies that own Bitcoin Treasuries account for almost 4% of supply
Now, the portal bitcointreasuries.org shows nearly two dozen companies with large Bitcoin reserves. Currently, the total amount of Bitcoin held in reserves by 23 listed companies is approximately 785,999 BTC, valued at more than 10 billion U.S. dollars… read more
“Bitcoin is no longer dispensable anymore”-Investors’ views on PayPal’s launch of encryption services
The cryptocurrency service launched by Paypal provides many considerations for crypto investors. Although many cryptocurrency users consider this news extremely optimistic, some have pointed out several aspects that Bitcoin investors should pay attention to. “Every major bank has…read more.
Goldman Sachs will settle large-scale corruption cases with the U.S. government for $2.8 billion
According to reports, Goldman Sachs (Goldman Sachs) has agreed to a settlement with the US government over its role in the corrupt Malaysian government investment fund, which is one of the company’s worst scandals since the financial crisis. In addition, Goldman Sachs previously agreed…read more.
Grayscale adds $300 million in cryptocurrency asset management in just 24 hours
Grayscale Investments said on Thursday that it had increased its net assets under management (AUM) by $300 million in the past 24 hours alone. According to a tweet by Chief Executive Barry Silbert, the company now has a record total asset under management of $7.3 billion… read more.
Inflation rates in 8 countries are soaring, seeing Bitcoin prices hit record highs
The price of Bitcoin hit a new high in 2020, and many supporters are optimistic that the value of encrypted assets will continue to rise. In addition to the high price of Bitcoin this year, about eight different countries have also seen Bitcoin touch…Read more.