Month: April 2023

Thai opposition leader pledges $300 crypto airdrop for every citizen if elected

Thailand’s opposition leader, Srettha Thavisin, has vowed to provide each Thai citizen with a $300 USD equivalent cryptocurrency airdrop to stimulate the economy and promote digital currency adoption if he becomes the nation’s next prime minister. Thailand’s prominent opposition leader, Srettha Thavisin, has made a bold campaign promise to provide every Thai citizen with a $300 USD equivalent cryptocurrency airdrop if he is elected as the country’s next prime minister. Thavisin, who leads the Progressive Movement, believes this initiative would boost the nation’s economy and alleviate poverty. BREAKING: 🇹🇭 Thailand’s…

Government Could Ban, Seize Bitcoin — CBDCs Could Lead to Financial Slavery, Political Tyranny – Regulation Bitcoin News

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Presidential hopeful Robert F. Kennedy Jr. has issued a warning regarding the Federal Reserve’s new Fednow system and the potential risks of central bank digital currencies leading to financial slavery and political tyranny. He additionally warned: “We should not be blind to the obvious danger that this is the first step in banning and seizing bitcoin as the Treasury did with gold 90 years ago.” Robert F. Kennedy Jr. Warns about Fednow and CBDCs Lawyer and vaccine skeptic Robert F. Kennedy Jr. criticized the Federal Reserve’s Fednow system and central…

Florida governor Ron DeSantis challenges CBDCs, defends financial freedom

Florida governor Ron DeSantis has voiced strong opposition to central bank digital currencies (CBDCs), asserting that they threaten to undermine the financial freedom of Americans. Florida Governor Ron DeSantis has recently taken a strong stance against CBDCs, arguing that they pose a significant threat to the financial freedom of Americans. DeSantis sees danger in CBDCs In a tweet, DeSantis was quoted as saying, “CBDCs strip away Americans’ financial freedom and that’s not something I’m willing to accept.” This statement highlights the growing debate around the development and implementation of CBDCs…

Pheu Thai Candidate Promises Digital Currency Airdrop of $300 to Every Citizen in Thailand if Elected – Bitcoin News

A Pheu Thai candidate running for prime minister of Thailand position, Srettha Thavisin, has promised that every citizen in the country will receive 10,000 Thai baht ($300) in digital currency if he wins the general election in May. However, a minister within the prime minister’s office in Thailand is concerned and has explained that the proposed airdrop could pose major challenges with specific implications. Thailand Prime Minister Candidate’s $300 Airdrop Promise Raises Concerns On Wednesday, Srettha Thavisin, a Pheu Thai candidate for prime minister of Thailand, declared that if his…

GensoKishi Online Has Announced BNB Chain Bridge and Listing on a Japanese Crypto Exchange – Press release Bitcoin News

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press release PRESS RELEASE. The Build N Build (BNB) Chain is a decentralized blockchain network that allows developers and innovators to build decentralized applications (DApps) as part of the transition to Web3. The BNB Chain is capable of high-speed transaction processing and lower cost transactions than the Ethereum network. It also supports smart contracts and can be used as a platform for developers to develop new decentralized applications. GensoKishi will continue to support various chains to expand projects and improve convenience for users. Simultaneous Listing of GensoKishi Tokens on Japanese…

Bitcoin Miner Sphere 3D Sues Partner Gryphon Digital

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The complaint, filed with the Southern District of New York on Friday, alleges Gryphon CEO Rob Chang wired 18 of Sphere 3D’s bitcoin to an address belonging to a fraudster who masqueraded as Sphere 3D’s chief financial officer in January, and another eight bitcoin to the same address a few days later. The lawsuit also alleges Gryphon provided “abhorrent” services to its partner and misrepresented Sphere 3D’s computing power as its own in public disclosures. Original

Twitter user claims CoinFactory created AGI, scam tokens

Recent concerns regarding AGI token have been expressed on Twitter by a user going by the handle @AegisWeb3 who claims it was developed by a platform with a history of producing fraudulent tokens. Scam token warning The tweet claims that CoinFactory, a platform that has purportedly produced 61 fake tokens in the past, launched AGI. The tweet also states that AegisWeb3, a tool that enables real-time monitoring of blockchain networks for shady behavior, found this information. The SingularityNET platform’s native cryptocurrency, AGI, attempted to establish a decentralized market for AI…

Twitter’s DOGE bet, Canada’s new crypto conglomerate, UK banking news

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Twitter CEO Elon Musk has made another marketing move to bridge the social media platform with the crypto community by switching its logo icon to the Shiba Inu dog — Dogecoin’s (DOGE) digital symbol. The move, however, seems to be more than just an engagement strategy. It comes just two days after Musk asked a judge to dismiss a $258 billion lawsuit alleging the operation of a pyramid scheme to promote Dogecoin.  Whether intended or not, the new icon led to another surge in DOGE prices during the week. A…

Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador – Bitcoin News

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According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing wallets that receive transactions from Wasabi, a non-custodial bitcoin wallet that utilizes Coinjoin technology to obscure onchain transaction monitoring. Bitcoin Beach Founder Says Salvadoran Government Is ‘Bowing to U.S. Pressure to Thwart Privacy’ Bitcoin (BTC) is now legal tender in El Salvador, and the government offers infrastructure services such…

Decentralized exchange dYdX announces ‘winding down’ of services for Canadian users

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Cryptocurrency derivatives exchange dYdX has announced it will be restricting Canadian user accounts over the next seven days in a move to exit the market. In an April 7 blog post, dYdX said it will be “winding down services” in Canada, starting with halting the onboarding of new users located in the country. On April 14, the exchange will move all existing Canadian users to “close-only mode,” allowing them to only withdraw funds. “dYdX is committed to providing transparency around product decisions and democratizing access to financial opportunity,” said the…