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Showing posts from October, 2023

SBF claims innocence, contradicts other witnesses: Law Decoded

Sam Bankman-Fried was the final witness to take the stand after more than three weeks of testimonies in court. http://dlvr.it/Sy9sQp

Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish

BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher. http://dlvr.it/Sy7K15

VanEck amends application for spot Bitcoin ETF

VanEck joins the group of asset managers updating applications for a spot Bitcoin ETF in the United States. http://dlvr.it/Sy7JtV

Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions

USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country so far in 2023. http://dlvr.it/Sy7Jkb

What are open-source protocols, and how do they work?

Open-source protocols have numerous advantages over proprietary protocols. They include greater transparency and accessibility. http://dlvr.it/Sy7JcF

Ripple exec and XRP community back SEC commissioner’s LBRY lawsuit dissent

Stuart Alderoty thanked Hester Peirce and suggested it might be time to submit an amicus brief. http://dlvr.it/Sy5WKN

Chainlink leads the market with 61% weekly gain — What’s driving LINK price?

LINK price pulled off a shocking double-digit rally over the past week, but exactly what is behind the move? http://dlvr.it/Sy3mTs

Bitcoin is evolving into a multi-asset network

Bitcoin Ordinals are creating new possibilities for the Bitcoin network by allowing users to create inscriptions stored on individual Satoshis. http://dlvr.it/Sy1NLK

Why Blockchain Surveillance Needs FinCEN’s PATRIOT Act Ploy

FinCEN has proposed to regulate Bitcoin privacy tech under the PATRIOT Act. But the data used to support FinCEN‘s proposal is partial at best, highlighting the gravity of blockchain surveillance software shortcomings. http://dlvr.it/SxymR0

Pro-crypto lawmaker Tom Emmer ends hours-long speaker campaign: Report

The Minnesota congressman was one of only a few crypto proponents in Congress being considered as a possible speaker of the House by Republican lawmakers. http://dlvr.it/Sxw6g4

Vodafone, Sumitomo team up with Chainlink to explore trade documents network

Vodafone’s Digital Asset Broker platform and Sumitomo have been working together since May on this proof-of-concept. http://dlvr.it/Sxw6cB

BlockFi emerges from bankruptcy and opens wallet withdrawals

BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests. http://dlvr.it/Sxw6Qg

Humans and AI often prefer sycophantic chatbot answers to the truth — Study

The team at Anthropic AI found that five “state-of-the-art” language models exhibit sycophancy, indicating the problem could be ubiquitous. http://dlvr.it/Sxw6Hx

Argentina's Pro-Bitcoin Presidential Candidate Javier Milei Forces Run-Off Election

Pro-Bitcoin presidential candidate Javier Milei has forced a run-off election in Argentina by winning 30% of the national vote. http://dlvr.it/SxsS77

FinCEN Proposes Insane Special Measures

FinCEN proposes regulations that would allow them to force businesses to report transaction details on almost anything they want. http://dlvr.it/SxpwL7

Bitcoin-Only Events In Europe: A Perspective On The Community

Exploring major trends in European Bitcoin conferences and their impact on the future of the community. http://dlvr.it/SxpwCS

Why Bitcoin Wallets Need Block Filters

Most Bitcoin wallets leak your private information to the wallet provider, block filters can help fix that. http://dlvr.it/Sxpw2d

FTX clients face deceptive priority withdrawal scam

FTX users have reported receiving deceptive emails purportedly sent by FTX Trading, West Realm Shires Services and FTX EU. http://dlvr.it/Sxn3FV

Binance shutting down European Visa debit card in December

Mastercard ended its partnership in Latin America and Bahrain with Binance in September, possibly due to the regulatory environment. http://dlvr.it/SxlF3k

SEC moves to dismiss lawsuit against Ripple’s Brad Garlinghouse and Chris Larsen

The civil lawsuit against the Ripple executives had been ongoing since December 2020. http://dlvr.it/SxhmzX

New York Attorney General sues Gemini, Genesis, DGC for allegedly defrauding investors

A filing from New York Attorney General Letitia James alleges that the cryptocurrency companies defrauded investors of over $1 billion. http://dlvr.it/SxgJdD

Madeiran President Announces Launch of Bitcoin Business Hub To Foster Innovation

In a fireside chat with Prince Filip of Serbia, the President of Madeira made a big announcement at Bitcoin Amsterdam. http://dlvr.it/SxNg9T

Bitcoin's First Trade Now Worth $130 Million

A pivotal event in the creation of the Bitcoin economy occurred 14 years ago today with a trade now worth $130,000 that was then worth pennies. http://dlvr.it/SxNJDF

House committee chairman threatens SEC chair with subpoena, but not over crypto

U.S. House Oversight and Accountability Committee Chair James Comer thinks Gensler is stonewalling him. Crypto supporters know the feeling. http://dlvr.it/SxNHrC

Japanese yen-backed digital currency, DCJPY, to go live in July 2024

Digital currency and electronic payments business DeCurret Holdings intends to launch the coin in July 2024. http://dlvr.it/SxL5Zg

Coinbase spot trading volume falls by 52% compared to 2022: Report

Coinbase recorded around $76 billion in spot trading volume, sharply declining compared to the same quarter in 2022. http://dlvr.it/SxL5XP

BarnBridge DAO votes to comply with SEC order

The voting ended with a unanimous decision to comply with the SEC’s potential demands and pay fines if necessary. http://dlvr.it/SxL5V0

USDR stablecoin depegs to $0.53, but team vows to provide solutions

submitted by /u/-Monero [link] [comments] http://dlvr.it/SxKk21

Bitcoin Dominates 2023: Surges Past Stocks And Bonds With 63% YTD Growth

submitted by /u/EveliaAvila [link] [comments] http://dlvr.it/SxH7f7

Bitcoin vs FIAT: How countries with hyperinflation would benefit if they adopted BTC 10 years ago?

We know that countries such as Argentina and Venezuela are having tough times with inflation for a couple of years already and this doesn't seem that is going to change anytime soon. How would this change if they instead of their own FIAT, adopted BTC for example? I made some calculations (Sorry, if there is any mistake, please let me know, and I will correct them ASAP), so we can have a general idea of the numbers. Here is a comparison table between Argentine Peso, Venezuelan Bolivar, and Bitcoin. Table 1: Inflation Rates of VEF, ARS, and BTC from 2014 to 2023 (YoY) Year Venezuela Bolivar (IR) Argentina Peso(IR) Bitcoin (IR) 2014 68.5 36.9 -58.5 2015 275% 25.4% 35.1% 2016 481% 41.8% -55.5% 2017 1,369,860% 24.8% 1317.8% 2018 1,700,000% 47.6% -73.1 2019 9,982,058% 53.8% -19.9 2020 2,953,821% 36.1% 303.7% 2021 686.4% 50.9% 59.8% 2022 237.7% 50.9% -65.8 ...

New Solana (SOL) Update Brings ‘Confidential Transfers’ for Increased User Privacy

submitted by /u/OMFGROFLMAO2 [link] [comments] http://dlvr.it/SxH76p

Crypto advocates weigh on race for next US House Speaker

Lawmakers are scheduled to return to the House of Representatives on Oct. 11 to vote on a replacement for Speaker Kevin McCarthy, whose position has been vacant for a week. http://dlvr.it/SxH6TK

How Bitcoin Mining Monetizes Grid Resilience, A National Defense Matter

Reinforcing the grid so excess electricity is available during winter months is a matter of national security, mining can help. http://dlvr.it/SxDVJ1

Automated Bitcoin Inscription Service OrdinalsBot Raises $1 Million

OrdinalsBot, pioneering in the Bitcoin Ordinals ecosystem, successfully raises $1 million in seed funding to enhance its innovative inscription services. http://dlvr.it/SxDV3g

Binance CEO: 'All-Time Highs' Likely to Follow 2024 Bitcoin Halving

The CEO of the world's largest crypto exchange explains how Bitcoin's programmed supply shock has historically had a significant impact on its price. http://dlvr.it/SxDTrZ

Pro-crypto RFK Jr. leaves Democrats to campaign for U.S. president as independent

Robert F. Kennedy Jr. is starting his presidential candidacy as an independent with a strong showing of 19%, according to the super PAC supporting him. That’s far behind Biden and Trump. http://dlvr.it/SxDTbT

FTX used Python code to fake its insurance fund figure — Gary Wang

FTX’s so-called “Backstop Fund” figure was a big lie, according to the crypto exchange’s former chief technology officer. http://dlvr.it/SxB20q

Bitcoin is a ‘super logical’ step on the tech tree: OpenAI CEO

During an episode of The Joe Rogan Experience, Sam Altman expressed his excitement for Bitcoin and said he was “super against” CBDCs. http://dlvr.it/SxB1rT

Ripple CTO seeks community consensus for XRPL AMM feature adoption

David Schwartz stated that the changes could be implemented in as little as two weeks if a majority supports the amendment. http://dlvr.it/SxB1cx

Bitcoin bulls encircle $28K as trader says ‘big’ buyer must step in

Bitcoin might have difficulty breaking through a key resistance zone of its own accord, end-of-week analysis predicts. http://dlvr.it/SxB1Q5

Pro-XRP lawyer John Deaton slams Sam Bankman-Fried sympathizers

He suggested that such sympathizers should not be considered for interviews with prominent television shows like CBS’s 60 Minutes. http://dlvr.it/SxB1Mk

Elon Musk’s X platform faces backlash over pro-XRP account suspension

Crypto Eri, a prominent figure in the cryptocurrency community, contacted Elon Musk on X, seeking clarification about the account suspension. http://dlvr.it/Sx8DSG

Bitcoin Halving Is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

submitted by /u/stockyewok [link] [comments] http://dlvr.it/Sx6SXL

Grayscale Wins Court Case vs. SEC: Bitcoin ETF on the Horizon?

A look at the potential ways the looming wave of ETF filings could play out in the coming weeks and months. http://dlvr.it/Sx44tS

Drivechains: From a Bitcoin Miners’ Perspective

Some considerations and thoughts on the Drivechains proposal from the point of view of miners considering their business operations. http://dlvr.it/Sx44dJ

The Rise And Fall Of Sam Bankman-Fried

From “The Broke Issue”, how stablecoins and the unstable con, Sam Bankman-Fried, built a corrupt castle of sand and how it all washed out. http://dlvr.it/Sx44VH

Bitcoin Price Up 3.6 Billion Percent Since It Was First Priced Above Zero

October 5 marks the anniversary of the date on which the first Bitcoin user calculated a Bitcoin price, indicating they were willing to buy or sell the digital coins. http://dlvr.it/Sx44R7

BitMEX Founder Projects $750k to $1 Million Bitcoin Price by 2026

BitMEX founder Arthur Hayes sees macro-economic uncertainty ahead, so much so he is projecting a $1 million Bitcoin price by 2026. http://dlvr.it/Sx44Ld

Bitcoin Cross-Border Payments More 'Substantial' Than Public Data Shows

The Bank of International Settlements (BIS) has shed light on the true extent of Bitcoin's impact on cross-border payments. http://dlvr.it/Sx1Ww1

Judge rejects SEC’s motion to file an appeal against Ripple ruling

District court judge Analisa Torres denied the SEC's motion to file an appeal, claiming that the regulator did not show that were substantial grounds for difference of opinion. http://dlvr.it/SwyvhV

US Treasury sanctions crypto wallets as authorities crack down on fentanyl

According to Deputy Treasury Secretary Wally Adeyemo, the sanctioned wallets "received millions of USD funds over hundreds of deposits" used for illicit drugs. http://dlvr.it/SwyvdM