Month: April 2023

Sushi’s head chef addresses community concerns amid SEC subpoena

Japan-based decentralized autonomous organization (DAO) Sushi’s head chef Jared Grey and his counsel stated that as far as they know, no one associated with Sushi has violated U.S. federal security laws, while providing reassurance that he is cooperating with the United States Securities and Exchange Commission (SEC) subpoena. In an April 8 statement, Grey answered the most commonly asked questions from the community in an FAQ format regarding the subpoena served to him, suggesting it is unknown what actions the SEC will take towards others associated with Sushi in the future.…

Economist Peter Schiff Advises ‘Get Rid of Your US Dollars Now’ — Warns USD’s Reserve Currency Status in Jeopardy – Economics Bitcoin News

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Economist Peter Schiff has urged people to get rid of their U.S. dollars now as a growing number of countries have escalated their efforts to reduce their dependence on the U.S. and the USD. “The dollar’s reserve currency status is in jeopardy, as is the American standard of living that depends on it. The best move you can make to mitigate your personal loss is to divest of dollars and dollar-denominated financial assets,” he stressed. Get Rid of U.S. Dollars Now, Says Peter Schiff Gold bug and economist Peter Schiff…

Robert Kiyosaki Says ‘America Is Dying’ — Warns of Hyperinflation, Death of US Dollar – Economics Bitcoin News

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Rich Dad Poor Dad author Robert Kiyosaki has issued a warning about the potential demise of the U.S. dollar and the looming threat of hyperinflation. He has expressed concern that the USD may lose its value and “become toilet paper.” Further, the famous author is saddened by U.S. authorities bringing criminal charges against former President Donald Trump. He stated: “As crime runs rampant in our cities & voters demand ‘defund the police.’ I am crying. America is dying.” Robert Kiyosaki’s USD and Hyperinflation Warnings The author of Rich Dad Poor…

BTCDomain Makes ․btc Happen on BTC Layer 1 – Press release Bitcoin News

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press release PRESS RELEASE. It truly is time to rejoice now that .btc domains have come to Bitcoin. BTCDomain is a user-friendly domain system built on Bitcoin that allows users to begin registering, trading, and searching .btc domain names. By combining Ordinals and Zero-Knowledge (ZK) technologies, they can securely store all of their metadata on the Bitcoin network while consistently maintaining the integrity of their domain registrar and resolver. Why Are Blockchain Domains Important? A domain serves as a symbol of an individual’s personal identity. The simplicity of using a.btc…

Binance US Struggles to Secure Banking Partner Amid Regulatory Crackdown on Crypto Industry – Bitcoin News

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Following the collapse of Silvergate Bank, Silicon Valley Bank, and Signature Bank, cryptocurrency companies have been seeking new banking partners in the United States. According to a recent report citing “sources familiar with the matter,” Binance US, the American subsidiary of the cryptocurrency exchange, is having difficulty finding a U.S. banking partner. Unnamed Sources Say Binance Has Unsuccessfully Sought to Establish U.S. Banking Partners The Wall Street Journal (WSJ) reported on Saturday that Binance US is experiencing difficulty in finding a U.S. banking partner. Currently, Binance US customers have been…

Bitcoin white paper hidden on macOS, Binance and DOGE news…

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Top Stories This Week Bitcoin white paper is apparently hiding in Apple’s modern macOS Satoshi Nakamoto’s original white paper laying out the thesis for the Bitcoin network is seemingly hiding within every modern version of the operating system for Apple’s Mac computers. An April 5 blog post from technologist Andy Baio revealed that a PDF of the Bitcoin white paper has “apparently shipped with every copy of macOS since Mojave in 2018.” Baio told Cointelegraph he was trying to fix his printer and scan a document when Nakamoto’s white paper…

Bill protecting Bitcoin mining rights passes in Arkansas Senate and House

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A bill seeking to regulate Bitcoin mining activity in the State of Arkansas has passed in both the House of Representatives and Senate, moving now to the governor’s office for approval. According to the bill, the Arkansas Data Centers Act of 2023 intends to regulate the Bitcoin mining industry in the American state, creating guidelines for miners and protecting them from discriminatory regulations and taxes. Arkansas’ state legislators quickly passed the bill after it was proposed on March 30 by Senator Joshua Bryant, shows the act’s status page. The document…

Behind Bitcoin Marketplace Paxful’s Unraveling

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“Paxful’s employees quickly realized that these purported ‘auditors’ were merely Schaback’s friends who did not possess any qualifications and could not possibly bring any value to the company,” the filing reads. “After a company party, for example, the head ‘auditor’ became too intoxicated to control himself and admitted as much to several Paxful employees, stating, ‘guys, don’t worry, we are here just to make some money from Paxful, and after that, we are gone.’” Original

Polygon Emerges as Second-Largest Blockchain Gaming Network

Polygon has emerged as the second-largest blockchain gaming network in terms of unique active wallets (UAWs), thanks to a surge in user activity in March. According to the “Blockchain Games Report” by DappRadar, the number of UAWs engaging with games on Polygon hit 138,081 in March, a 53% increase from February. This places Polygon ahead of third and fourth-ranked Hive and BNB Chain, with 84,000 and 80,000 UAWs respectively. The first-placed Wax is well ahead of the pack with 314,000 UAWs. Polygon, previously known for DeFi DApps, has now gained…

Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency – Bitcoin News

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Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State and, as an alternative digital currency, it could provide Texas residents with the ability to circumvent a central bank digital currency (CBDC). S.B. No. 2334 Introduces the Establishment of a Digital Currency Backed by Gold in Texas In recent times, U.S. lawmakers have been discussing the reimposition of…