Powers On… Biden accepts blockchain technology, recognizes its benefits and pushes for adoption – Cointelegraph Magazine

On March 9, United States President Joe Biden issued a quite comprehensive executive order that directs no less than two dozen cabinet members, departments and agencies in the government to study the benefits and detriments of blockchain technology for various aspects of the American economy. There has been a considerable amount already written about the implications of the executive order. I will add to this discourse and also offer some predictions, which few have done, on what the industry might expect to arise from the various governmental studies and reports…

Was it just a matter of time?

The governor of Colorado, Jared Polis, announced in February that the state government plans to allow residents to pay taxes in cryptocurrencies as early as the summer of 2022. To some experts, the move is both legitimizing for the crypto asset class and was expected to come in due time.  In an interview, Polis said crypto holders in Colorado could have the option of sending tax payments in digital currency, with the state converting the funds back into fiat as soon as the payments were received through an unnamed intermediary.…

Advanced Blockchain Listing: CEO Michael Geike über Herausforderungen und Ziele

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Weitere Videos findet Ihr unter: Die Advanced Blockchain hat am Donnerstagmorgen ihr Debüt an der Börse in Frankfurt gefeiert. Was der Blockchain-Entwickler sich von dem Listing im Scale-Segment verspricht und was die Anleger von dem Unternehmen erwarten dürfen, verrät der CEO Michael Geike im Interview. Im Fokus steht dabei das Geschäftsfeld des Blockchain-Software-Spezialisten. DER AKTIONÄR TV will wissen, wie stark der Erfolg der Firma von Kryptowährungen abhängig ist. Schließlich schien es zuletzt so, als sei aus dem ohnehin schon volatilen Markt die…

ETH Recaptures Fresh 1-Month High – Market Updates Bitcoin News

Ethereum rebounded during Thursday’s session to recapture the $3,000 level, climbing to a fresh one-month high in the process. This comes as BTC rose back above $43,000, hitting a 20-day high as a result. Bitcoin On Thursday, BTC rose to its highest level since March 3, as prices of the world’s largest cryptocurrency gained for a third consecutive day. After trading at a low of $41,812 on Wednesday, BTC/USD rallied to a peak of $43,231.29 during Thursday’s session. This is the highest price bitcoin has hit in 21 days and…

BOE Forms New Regulatory Approach to Crypto

The Bank of England is working on a strict regulatory framework for crypto assets. The Bank of England announced these plans as part of its efforts to prevent the risks to financial stability that the rapid growth of cryptocurrencies could cause.  The global crypto sector flourished in 2021, with the total market cap for the sector growing by 187.5%. There are currently more than 17,000 crypto assets tokens in circulation. While recognizing the benefits of crypto such as low transaction costs and more choices for users, BOE emphasized the need…

Circle’s Accountant Tweaks Fine Print of USDC Attestation

“Most auditors and attestors do not use the word ‘correct,’ and it would only be used where a precise measurement is available,” said Michael Shaub, an accounting professor at Texas A&M University’s Mays Business School. “I assume crypto is an example of where precise measurement is possible. I am just guessing, but I assume GT [Grant Thornton] was not comfortable going forward with saying it was correct because it no longer matched Circle’s language, the party making the assertion.” Source

Bitcoin veteran tricks crypto scammer into learning Lightning

There’s poetic justice to scammers getting beat at their own game. A cryptocurrency scammer met their match when trying to trick Bitcoiner Felix Crisan into sending them Tether (USDT).  The scammer tried to impersonate John Carvalho, the CEO of Synonym, a Bitcoiner Cointelegraph regularly cites. The scammer, who we will call “Fake John” from now on, wanted Crisan to send USDT, but Crisan, who’s been learning and getting involved with Bitcoin (BTC) for almost a decade, had other ideas. Today I’ve convinced a scammer to install a Lightning Network wallet. BTW…

Bitcoin clings to $43K as Fed signals up to 7 rate hikes in 2022

Bitcoin (BTC) continued to fight for $43,000 support at the Wall Street open on March 24 amid fresh jitters tied to United States economic policy. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Kashkari warns of “overdoing it” on hikes Data from Cointelegraph Markets Pro and TradingView showed BTC/USD staying just below the $43,000 mark as trading began on March 24. At the time of writing, U.S. markets were still in the process of steadying in their first hour, which was of particular importance to Bitcoin traders, given the considerable positive correlation…