Day: April 20, 2023

Trezor Enables Coinjoin for Trezor T Model to Bolster a ‘New Era of Privacy’ – Privacy Bitcoin News

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According to Trezor, the crypto hardware wallet manufacturer, owners of the Trezor T model can now use a Coinjoin feature to preserve their privacy. Trezor had announced the Coinjoin feature’s impending arrival on the hardware wallet seven months ago, and the feature went live on April 19. Trezor Adds Coinjoin to Software Suite Owners of the Trezor T model can now use a new Coinjoin service that was added to the device’s features on Wednesday. Trezor announced in September 2022 that the Coinjoin feature was coming after the company revealed…

Multiple Silvergate lawsuits over alleged FTX ties combined by judge

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A California judge has combined three investor lawsuits against defunct crypto bank Silvergate Bank involving the bankrupt crypto exchange FTX. On April 19, United States District Judge Jacqueline Scott Corley of the Northern District of California ruled that the three lawsuits would be consolidated. Each accuses Silvergate of helping to facilitate investor fraud by the collapsed crypto exchange FTX. The three cases were brought against Silvergate by four former investors. They will remain separate from other federal cases against FTX and its founder Sam Bankman-Fried but will be combined by…

Voyager’s $1B deal with Binance.US moves forward after deal with Feds

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Bankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States federal government that moves forward a $1 billion plan that would allow Voyager to sell its assets to the U.S. arm of Binance. An April 19 filing in a New York District Court saw Voyager, the Official Committee of Unsecured Creditors and the U.S. government agree that the deal for Binance to acquire Voyager’s digital assets could move forward as planned. The filing states the government can continue to work on an appeal on exculpation provisions…

Voyager’s $1B deal with Binance.US moves forward after deal with Feds

Bankrupt cryptocurrency lender Voyager Digital Holdings has sealed a deal with the United States Federal government that moves forward a $1 billion plan allowing Voyager to sell its assets to the U.S. arm of Binance. An April 19 filing in a New York District Court saw Voyager, the Official Committee of Unsecured Creditors and the U.S. government agree that the deal for Binance to acquire Voyager’s digital assets could move forward as planned. The filing states the government can continue to work on an appeal on what it claims are…

BTC Beats Nasdaq Index and Gold in Q1, Liquid Staking Governance Tokens up by 210% – Featured Bitcoin News

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According to the latest Coingecko crypto industry report, during the first quarter of 2023, bitcoin became the best-performing asset after it saw its U.S. dollar value go up from just under $17,000 observed on Dec. 31, 2022, to just over $28,000 by March 31, 2023. The report attributes the crypto asset’s resurgence to “increased volatility from the banking crisis” and to Binance’s decision to end part of its zero-fee incentive scheme for bitcoin trades. Bitcoin Beats Nasdaq Index and Gold After closing the past year trading below $17,000, bitcoin staged…

A16z’s hyped-up orange balls revealed to be an L2 rollup client

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A series of cryptic tweets depicting orange balls were revealed to be building up hype for a new rollup client for Optimism (OP) called “Magi” from the crypto arm of venture capital firm Andreessen Horowitz (A16z). An April 19 Tweet from a16z engineer Noah Citron explained Magi is written in the programming language Rust and will “help improve the client diversity and resilience of the entire OP Stack ecosystem.” Introducing Magi , our brand new OP Stack rollup client written in Rust. We’ve been working on Magi to help improve…

Elon Musk threatens Microsoft with suit, claims AI trained on Twitter data

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Microsoft has been threatened with a suit from Tesla and Twitter chief Elon Musk who claimed the Big Tech firm “illegally” trained its artificial intelligence (AI) on Twitter data. On April 19, Musk tweeted that it was “lawsuit time” in response to a post reporting that Microsoft would cease supporting Twitter on April 25 across its online social advertising tools, Smart Campaigns and Multi-platform. They trained illegally using Twitter data. Lawsuit time. — Elon Musk (@elonmusk) April 19, 2023 The Twitter boss alleged Microsoft “trained illegally using Twitter data” implying…

Ether’s Security Status Remains Unclear as SEC Chair Gensler Fails to Answer Lawmaker’s Question – Regulation Bitcoin News

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The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, would not answer a direct question in a congressional hearing about whether ether is a security. While the SEC chair insisted that the law is clear on crypto, Congressman Patrick McHenry argued that the SEC’s regulatory actions say “there’s a great deal of uncertainty.” Lawmaker Probes SEC Chair Gary Gensler on Whether Ether Is a Security The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, testified on Tuesday before the House Financial Services Committee on…

We’re Still Missing Good Web3 Games; Bitcoin BTC Price Swoons Below $29K

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The largest cryptocurrency by market capitalization tripped early Wednesday, falling first below $30,000 for the second time in three days, and hours later below $29,000 for the first time in more than a week. BTC was recently trading at about $28,930, down about 4.6% from Tuesday, same time, and far from its heights last week when a moderately encouraging Consumer Price Index and renewed investor optimism buoyed markets. Original