#digital-currency

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#bitcoin

El Salvador Survey Shows Bitcoin's Lindy Effect in Action

El Salvador's Bitcoin legal tender law shows potential for growth despite low current usage.

Has Bitcoin's Elusive Creator Finally Been Unmasked?

The true identity of Bitcoin's founder, Satoshi Nakamoto, remains a mystery despite claims by a documentarian.

MicroStrategy Buys Additional $489 Billion Worth of Bitcoin

MicroStrategy has significantly increased its Bitcoin holdings, embracing a corporate strategy that enhances shareholder value and positions the company against fiat currency.

REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM

Bitcoin's rise highlights a conflict between government regulation and the pursuit of financial freedom in Nigeria.

Donald Trump appeals to crypto investors at conference DW 07/28/2024

Donald Trump aims to promote cryptocurrency in the U.S., becoming a 'bitcoin superpower' if re-elected.

Bitcoin: what has caused the cryptocurrency's latest revival?

Bitcoin reaches new record value, significant share of cryptocurrency market
Creation of Bitcoin and its underlying technology

El Salvador Survey Shows Bitcoin's Lindy Effect in Action

El Salvador's Bitcoin legal tender law shows potential for growth despite low current usage.

Has Bitcoin's Elusive Creator Finally Been Unmasked?

The true identity of Bitcoin's founder, Satoshi Nakamoto, remains a mystery despite claims by a documentarian.

MicroStrategy Buys Additional $489 Billion Worth of Bitcoin

MicroStrategy has significantly increased its Bitcoin holdings, embracing a corporate strategy that enhances shareholder value and positions the company against fiat currency.

REGULATING BITCOIN AND CRYPTO IN NIGERIA: CROSSROADS BETWEEN CAPITAL CONTROL AND FINANCIAL FREEDOM

Bitcoin's rise highlights a conflict between government regulation and the pursuit of financial freedom in Nigeria.

Donald Trump appeals to crypto investors at conference DW 07/28/2024

Donald Trump aims to promote cryptocurrency in the U.S., becoming a 'bitcoin superpower' if re-elected.

Bitcoin: what has caused the cryptocurrency's latest revival?

Bitcoin reaches new record value, significant share of cryptocurrency market
Creation of Bitcoin and its underlying technology
morebitcoin
#financial-stability

AI amplifies systemic risk to banks: India Reserve Bank boss

AI poses potential systemic risks to India's financial system as highlighted by RBI Governor Shaktikanta Das.

Bank of Canada shelves idea for digital Loonie | CBC News

The Bank of Canada has paused plans for a digital currency, focusing instead on evolving payment systems and research.

AI amplifies systemic risk to banks: India Reserve Bank boss

AI poses potential systemic risks to India's financial system as highlighted by RBI Governor Shaktikanta Das.

Bank of Canada shelves idea for digital Loonie | CBC News

The Bank of Canada has paused plans for a digital currency, focusing instead on evolving payment systems and research.
morefinancial-stability
#blockchain

How to Optimise Business Costs using crypto loans?

Crypto loans enable liquidity solutions without selling assets, benefiting both individuals and businesses.

PayPal Enables Business Accounts to Buy, Hold, and Sell Bitcoin And Crypto

PayPal now enables U.S. business account holders to buy, hold, and sell cryptocurrency directly from their accounts, except in New York State.

Why We Won't See CBDCs Everywhere

CBDCs are facing significant hurdles to global implementation despite increased interest from governments.

What is cryptocurrency ? - eLearning

Cryptocurrency is a decentralized digital currency that uses cryptography for secure transactions and new unit creation.

Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race

Stablecoins are expanding to attract trillions from money-market funds and dollar deposits, offering payment efficiency with decoupled yield potential.

How to Optimise Business Costs using crypto loans?

Crypto loans enable liquidity solutions without selling assets, benefiting both individuals and businesses.

PayPal Enables Business Accounts to Buy, Hold, and Sell Bitcoin And Crypto

PayPal now enables U.S. business account holders to buy, hold, and sell cryptocurrency directly from their accounts, except in New York State.

Why We Won't See CBDCs Everywhere

CBDCs are facing significant hurdles to global implementation despite increased interest from governments.

What is cryptocurrency ? - eLearning

Cryptocurrency is a decentralized digital currency that uses cryptography for secure transactions and new unit creation.

Stablecoin Issuers Want to Give Something Back in Multi-Trillion-Dollar Market Race

Stablecoins are expanding to attract trillions from money-market funds and dollar deposits, offering payment efficiency with decoupled yield potential.
moreblockchain
#cryptocurrency
from Coindesk
1 month ago
Cryptocurrency

PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto

PayPal is expanding cryptocurrency services to business clients in the U.S., enabling them to buy, hold, and sell digital currencies directly.

Educational Byte: Electronic Money vs. Cryptocurrency | HackerNoon

Digital transactions are increasingly favored over cash, emphasizing the need for awareness of financial privacy.
Cryptocurrencies are a subset of electronic money, which encompasses various types like digital fiat and CBDCs.

Everyday Cryptocurrency Transactions in the UK

Cryptocurrency adoption in the UK is growing rapidly, with 10% of adults owning crypto assets.
UK businesses are exploring integrating cryptocurrency into their operations despite regulatory caution.

Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin

Mercado Pago is launching a stablecoin in Brazil tied to the U.S. dollar, enhancing digital payments for users.

Russia Legalizes Crypto Mining and Brings an Experimental Regime

Legalizing cryptocurrency mining and enabling digital currency exchange in Russia through new laws.

Belgian Crypto Ads Must Warn of Risks Under New Rules

U.S. Commodity Futures Trading Commission


Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.U.S. Commodity Futures Trading Commission




Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium.

PayPal Enables U.S. Business Accounts to Buy, Hold and Sell Crypto

PayPal is expanding cryptocurrency services to business clients in the U.S., enabling them to buy, hold, and sell digital currencies directly.

Educational Byte: Electronic Money vs. Cryptocurrency | HackerNoon

Digital transactions are increasingly favored over cash, emphasizing the need for awareness of financial privacy.
Cryptocurrencies are a subset of electronic money, which encompasses various types like digital fiat and CBDCs.

Everyday Cryptocurrency Transactions in the UK

Cryptocurrency adoption in the UK is growing rapidly, with 10% of adults owning crypto assets.
UK businesses are exploring integrating cryptocurrency into their operations despite regulatory caution.

Latin American E-Commerce Giant Mercado Libre Launches U.S. Dollar-Tied Stablecoin

Mercado Pago is launching a stablecoin in Brazil tied to the U.S. dollar, enhancing digital payments for users.

Russia Legalizes Crypto Mining and Brings an Experimental Regime

Legalizing cryptocurrency mining and enabling digital currency exchange in Russia through new laws.

Belgian Crypto Ads Must Warn of Risks Under New Rules

U.S. Commodity Futures Trading Commission


Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.U.S. Commodity Futures Trading Commission




Explore the policy fallout from the 2022 market crash, the advance of CBDCs and more.Jack Schickler is a CoinDesk reporter focused on crypto regulations, based in Brussels, Belgium.
morecryptocurrency
#central-bank-digital-currency

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Canada is shelving its plans for a retail central bank digital currency but remains open to future developments based on public demand.

Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use

Russia will implement a digital version of the ruble for major banks by July next year.

Canada Moves Away From Retail CBDC, Shifts Focus to Broader Payments

Canada is shelving its plans for a retail central bank digital currency but remains open to future developments based on public demand.

Russian Central Bank Targets July 2025 for Widespread Digital Ruble Use

Russia will implement a digital version of the ruble for major banks by July next year.
morecentral-bank-digital-currency
#central-bank

Australia to Prioritise Wholesale CBDC Over Retail

Australia's central bank prioritizes a wholesale central bank digital currency (CBDC) for its advantages over a retail version.

Brazilian crypto industry gets regulatory clarity amid global uncertainty

As the global crypto community is still licking its wounds from the FTX collapse, a liquidity crisis continues to spread around centralized exchanges and decentralized finance (DeFi) alike.It is soon to be decided whether the coming regulation triggered by FTX's bankruptcy will bring a silver lining to crypto.

Australia to Prioritise Wholesale CBDC Over Retail

Australia's central bank prioritizes a wholesale central bank digital currency (CBDC) for its advantages over a retail version.

Brazilian crypto industry gets regulatory clarity amid global uncertainty

As the global crypto community is still licking its wounds from the FTX collapse, a liquidity crisis continues to spread around centralized exchanges and decentralized finance (DeFi) alike.It is soon to be decided whether the coming regulation triggered by FTX's bankruptcy will bring a silver lining to crypto.
morecentral-bank

Epic Games, EA, Roblox, Other Game Companies Face Consumer Complaint in EU

Major videogame companies are accused of misleading gamers, particularly children, into overspending through deceptive practices and in-game purchases.

Chinese boffins advocate nuking nearby asteroids

Nuclear weapons may be necessary to divert asteroids detected with little warning, according to Chinese academics.

Another Crypto 'Fraudster' Arrested in Montenegro, Where Do Kwon Awaits Extradition: Reports

Roman Ziemian, co-founder of FutureNet, was arrested in Montenegro for defrauding users of $21 million and evading arrest in Italy.

Digital Payments Platform Flexa Launches Crypto Point-of-Sale Tool

Flexa Components enables customers to pay with crypto at retail locations, enhancing ease of use and access for digital currency transactions.
#bitcoin-payments

How UK Businesses Are Accepting Payments in Bitcoin

Bitcoin is a popular digital currency for businesses, offering advantages like low fees and international market access.

Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments

Candy Jets partners with CoinCorner to accept Bitcoin for luxury travel services.

How UK Businesses Are Accepting Payments in Bitcoin

Bitcoin is a popular digital currency for businesses, offering advantages like low fees and international market access.

Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments

Candy Jets partners with CoinCorner to accept Bitcoin for luxury travel services.
morebitcoin-payments

A Miami man converted cash into crypto for a fee, but without a license. Now he'll pay

A Miami man has pleaded guilty to operating an unlicensed money-transmitting business that converted cash into digital currency for a fee.
His business, RV Electronic Service Corp., exchanged at least $5,047,462 in digital currency from 2016 through 2022.

First chance to see King Charles banknotes in new Bank of England exhibition

King Charles banknotes will be issued in 2024
Visitors to the Bank of England Museum can see the new banknotes before they enter circulation
RT @SpirosMargaris: Opinion |

#Skepticism of #DigitalCurrency Needs to Be Taken Seriously

https://t.co/CKn5EjJb0k #fintech #payment #ba…

Opinion | Skepticism of Digital Currency Needs to Be Taken Seriously

Central banks are moving towards introducing digital forms of cash, but there is concern that it could lead to government control and surveillance.
Some individuals and politicians fear that a digital currency would replace paper money and give governments the ability to track and control spending.
#central-banks
from www.nytimes.com
10 months ago

Opinion | Skepticism of Digital Currency Needs to Be Taken Seriously

Central banks are moving towards introducing digital forms of cash, but there is concern that it could lead to government control and surveillance.
Some individuals and politicians fear that a digital currency would replace paper money and give governments the ability to track and control spending.
from Coindesk
4 months ago

More Central Banks Are Exploring a CBDC, BIS Survey Finds

94% of central banks exploring central bank digital currency, focusing on wholesale over retail.

Opinion | Skepticism of Digital Currency Needs to Be Taken Seriously

Central banks are moving towards introducing digital forms of cash, but there is concern that it could lead to government control and surveillance.
Some individuals and politicians fear that a digital currency would replace paper money and give governments the ability to track and control spending.

More Central Banks Are Exploring a CBDC, BIS Survey Finds

94% of central banks exploring central bank digital currency, focusing on wholesale over retail.
morecentral-banks

From volatility to viability: Understanding Bitcoin's journey and future prospects

Bitcoin has transformed into a major player on the financial stage, becoming a more stable and widely accepted currency.
Bitcoin has experienced significant price fluctuations but has also achieved notable milestones and gained acceptance from mainstream finance.
#people

Hackers Promise AI, Install Malware Instead

Meta on Wednesday warned that hackers are using the promise of generative artificial intelligence like ChatGPT to trick people into installing malicious code on devices.Over the course of the past month, security analysts with the social-media giant have found malicious software posing as ChatGPT or similar AI tools, chief information security officer Guy Rosen said in a briefing.

HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK Featured Bitcoin News

HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing cryptocurrencies.

Bomani Jones Calls an Audible

You know Bomani Jones is about to say something funny, deadly serious or both when he spits out a sentence like The question is simple or Let me tell you a secret or, in this case, Here's the thing.Explaining why he no longer regularly debates sports with people on television, Jones, 42, paused dramatically, his lanky frame swimming in sweatpants as he sat on the sofa of his Harlem apartment.

Cryptocurrency turmoil affects crypto miners

Cryptocurrency turmoil is affecting crypto miners, who require lots of electricity to operate.Energy costs are up, and demand is down.A MARTINEZ, HOST: Cryptocurrencies such as bitcoin are generated or mined by companies using racks and racks of custom-purposed computers.The world of digital currency is struggling these days in the wake of the FTX scandal.

Tactical Gamification Framework in Google Maps Contribute

How Google Maps leverages user's contribution to driving its database
Gamification is nothing new in tech companies trying to engage their users while also achieving some of the business metrics.Gamification increases user engagement because humans need validation from others and they want to be winners in the end.

Analysis | With Crypto in Retreat, Central Banks Take a Quantum Leap

David Chaum, finding a use for Big Brother after all.(Photographer: Handout/Getty Images Europe)In the chaos surrounding the collapse of Sam Bankman-Fried's empire, it's easy to lose sight of what has died in this year's crypto carnage and what lives on.The biggest casualty is "anarcho-capitalism," championed by engineer Timothy May in the 1990s as cyberspace interactions unconstrained by external regulation, taxation or interference - in short, an absence of government.

Hackers Promise AI, Install Malware Instead

Meta on Wednesday warned that hackers are using the promise of generative artificial intelligence like ChatGPT to trick people into installing malicious code on devices.Over the course of the past month, security analysts with the social-media giant have found malicious software posing as ChatGPT or similar AI tools, chief information security officer Guy Rosen said in a briefing.

HSBC, Nationwide Impose New Restrictions on Cryptocurrency Purchases in UK Featured Bitcoin News

HSBC and Nationwide have imposed new restrictions on cryptocurrency purchases in the U.K. The two financial institutions cited a warning from the Financial Conduct Authority (FCA), the British regulator overseeing the financial services industry, regarding the risks involved in purchasing cryptocurrencies.

Bomani Jones Calls an Audible

You know Bomani Jones is about to say something funny, deadly serious or both when he spits out a sentence like The question is simple or Let me tell you a secret or, in this case, Here's the thing.Explaining why he no longer regularly debates sports with people on television, Jones, 42, paused dramatically, his lanky frame swimming in sweatpants as he sat on the sofa of his Harlem apartment.

Cryptocurrency turmoil affects crypto miners

Cryptocurrency turmoil is affecting crypto miners, who require lots of electricity to operate.Energy costs are up, and demand is down.A MARTINEZ, HOST: Cryptocurrencies such as bitcoin are generated or mined by companies using racks and racks of custom-purposed computers.The world of digital currency is struggling these days in the wake of the FTX scandal.

Tactical Gamification Framework in Google Maps Contribute

How Google Maps leverages user's contribution to driving its database
Gamification is nothing new in tech companies trying to engage their users while also achieving some of the business metrics.Gamification increases user engagement because humans need validation from others and they want to be winners in the end.

Analysis | With Crypto in Retreat, Central Banks Take a Quantum Leap

David Chaum, finding a use for Big Brother after all.(Photographer: Handout/Getty Images Europe)In the chaos surrounding the collapse of Sam Bankman-Fried's empire, it's easy to lose sight of what has died in this year's crypto carnage and what lives on.The biggest casualty is "anarcho-capitalism," championed by engineer Timothy May in the 1990s as cyberspace interactions unconstrained by external regulation, taxation or interference - in short, an absence of government.
morepeople
#architecture

House boasting an ocean view stands on the precipice in the metaverse - Yanko Design

One of my dreams is to be able to have a vacation house where I can bask in my favorite natural views as soon as I open my house.Of course, this will probably remain a dream as that would involve a lot of money and probably a major lifestyle change.But now that we're inching closer to the metaverse, or at least an initial version of it, this might eventually become possible in a phygital (physical-digital) universe.

LAYER Design's pocketable wallet for your NFTs is the next big thing in digital assets - Yanko Design

LAYER Design has shown the desire to be on the cusp of technologies that facilitate, and go hand in hand with cultural shifts.Now the United Kingdom-based design agency has ventured into the domain of digital currency and assets with a gadget for the geekiest of them all.They've collaborated with designer Tony Fadell (Former Apple executive and cocreator iPod and iPhone) and technology brand Ledger to create a credit card-sized device to store, access and send all your cryptocurrencies and NFTs.

House boasting an ocean view stands on the precipice in the metaverse - Yanko Design

One of my dreams is to be able to have a vacation house where I can bask in my favorite natural views as soon as I open my house.Of course, this will probably remain a dream as that would involve a lot of money and probably a major lifestyle change.But now that we're inching closer to the metaverse, or at least an initial version of it, this might eventually become possible in a phygital (physical-digital) universe.

LAYER Design's pocketable wallet for your NFTs is the next big thing in digital assets - Yanko Design

LAYER Design has shown the desire to be on the cusp of technologies that facilitate, and go hand in hand with cultural shifts.Now the United Kingdom-based design agency has ventured into the domain of digital currency and assets with a gadget for the geekiest of them all.They've collaborated with designer Tony Fadell (Former Apple executive and cocreator iPod and iPhone) and technology brand Ledger to create a credit card-sized device to store, access and send all your cryptocurrencies and NFTs.
morearchitecture
#responsible

Bitcoin's Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40% Bitcoin News

On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m.Eastern Time on Saturday.The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar.Bitcoin's price rise has led to the crypto asset's dominance level surpassing the 40% region among thousands of crypto assets, as the digital currency's market valuation has climbed to $443 billion.

2 NFT Projects Plan to Transition From Solana to Alternative Blockchains Bitcoin News

Two prominent Solana projects have announced they are transitioning over to new blockchains.The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon.Both teams said the transitions will take place in 2023.Degods Says NFT Project Will Move to Ethereum, Y00ts Details NFT Venture Is Transitioning to Polygon The crypto community has been discussing two crypto projects that have said the teams plan to transition their ventures from the Solana blockchain network to an alternative blockchain.

Bitcoin's Crypto Market Action Holds the Upper Hand as Dominance Level Surpasses 40% Bitcoin News

On Jan. 21, 2023, the price of bitcoin reached a 24-hour high of $23,333 per unit at 5 a.m.Eastern Time on Saturday.The entire crypto-economy is now valued at $1.05 trillion after rising 7.2% against the U.S. dollar.Bitcoin's price rise has led to the crypto asset's dominance level surpassing the 40% region among thousands of crypto assets, as the digital currency's market valuation has climbed to $443 billion.

2 NFT Projects Plan to Transition From Solana to Alternative Blockchains Bitcoin News

Two prominent Solana projects have announced they are transitioning over to new blockchains.The non-fungible token (NFT) venture Degods detailed it will be moving to the Ethereum chain and the Y00ts NFT team detailed it is moving to Polygon.Both teams said the transitions will take place in 2023.Degods Says NFT Project Will Move to Ethereum, Y00ts Details NFT Venture Is Transitioning to Polygon The crypto community has been discussing two crypto projects that have said the teams plan to transition their ventures from the Solana blockchain network to an alternative blockchain.
moreresponsible
#back

Bitcoin Rallies to Recoup Losses Since FTX Collapse

Cryptocurrency bulls are extending one of the most unlikely rallies of the year so far, pushing Bitcoin above $21,000 for a second day.That means the digital currency has now recouped all its losses since the spectacular collapse of FTX in November.The rising tide has lifted most crypto boats, the DealBook newsletter reports.

Europe's Central Bank Warns That Bitcoin Is on Its "Last Gasp"

Rebound, Schmebound
The European Central Bank is throwing some major shade at bitcoin even as it bounces back following the FTX collapse.In a blog post titled "Bitcoin's last stand," published on its official European Union website, the ECB lobs a devastating takedown at the digital currency - and warns that its demise could just be getting started.

Bitcoin Rallies to Recoup Losses Since FTX Collapse

Cryptocurrency bulls are extending one of the most unlikely rallies of the year so far, pushing Bitcoin above $21,000 for a second day.That means the digital currency has now recouped all its losses since the spectacular collapse of FTX in November.The rising tide has lifted most crypto boats, the DealBook newsletter reports.

Europe's Central Bank Warns That Bitcoin Is on Its "Last Gasp"

Rebound, Schmebound
The European Central Bank is throwing some major shade at bitcoin even as it bounces back following the FTX collapse.In a blog post titled "Bitcoin's last stand," published on its official European Union website, the ECB lobs a devastating takedown at the digital currency - and warns that its demise could just be getting started.
moreback

Analysis | FTX Users Can't Count on Help From the IRS

The FTX website on a laptop computer arranged in Barcelona, Spain, on Tuesday, Nov. 15, 2022.FTX Group named a slate of new independent directors to oversee the collapsed crypto empire and said its bankruptcy may involve more than a million creditors.(Photographer: Bloomberg/Bloomberg)When market investors suffer losses - or get taken for a ride - they're often eligible for a tax write-off to soften the blow.
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