Day: October 22, 2024

Buenos Aires Adds ZK Proofs to City App in Bid to Boost Residents’ Privacy

The service, QuarkID, has been integrated into miBA, the city’s seven-year-old app for accessing municipal services and documents. The idea, in short, is to give 3.6 million porteños – residents of Buenos Aires – greater control over their personal information. The ZK proofs will let users show that a document has indeed been authenticated by the government without disclosing information that is irrelevant to the task at hand. Source

United Arab Emirates Region Ras Al Khaimah Launches a Framework for Decentralized Autonomous Organizations (DAO) in Free Zone

“The introduction of DARe represents a stepping stone in our journey towards building a global hub for the blockchain and digital assets ecosystem,” Luc Froehlich, chief commercial officer of RAK DAO said in the statement. “By offering a structured legal framework, we enable DAOs to interact with the off-chain world, such as opening a bank account and owning both on- and off-chain assets.” Source

Bitcoin Self-Custody Calls Intensify as Centralization Grows: ‘No One Is Ready for the Biggest Hack in History’

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With self-custody and third-party custodians becoming hot topics within the crypto community, the founder of timechainindex.com, an X user known as Sani, recently posted an eye-opening image of onchain data. The snapshot revealed that Coinbase currently holds 11.72% of the total 19.77 million bitcoin (BTC) in circulation. Sani’s data and insights emphasize the risks tied […] Original

Top Crypto Analyst Unveils Plan To ‘Make Millions’ By March 2025

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Este artículo también está disponible en español. Crypto analyst Miles Deutscher, boasting 550,000 followers on X, has released a new video titled “My Plan To Make Millions In Crypto By March 2025! [Fool Proof Strategy].” In this analysis, Deutscher outlines his strategic approach to navigating the current crypto bull run. The Start Of The Bitcoin Bull Run First, Deutscher highlights the bullish outlook for Bitcoin, particularly on the monthly chart. “We have been consolidating above the high that we made in 2021 in February for a matter of eight months…

Gary Gensler’s Contentious Reign Over U.S. Crypto Approaches Its Twilight

Most of the crypto space is breaking the law, according to the narrative he stands by, and its practitioners are threatening people’s money with dicey business practices while they continue to evade compliance. Just last week, the SEC sued one of the biggest trading firms in financial markets (crypto and traditional assets alike), Chicago-based DRW, accusing the company of not getting proper permission to trade crypto assets. Gensler, who declined to be interviewed by CoinDesk for this story, has drawn that line in the sand and has spent years proving…

Microstrategy founder Michael Saylor says he will return his Bitcoin trove ‘to the civilization’ after he’s gone

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MicroStrategy’s executive chairman, Michael Saylor, claims he intends to return his Bitcoin wealth back “to the civilization” after he dies. In his interview with Madison Reidy on Markets with Madison, Oct. 21, founder and chairman of Microstrategy, Michael Saylor, discusses what he wants to do with his Bitcoin(BTC) wealth after he passes on. “I’m a single guy with no children— when I’m gone, I’m gone. Just like Satoshi left a million Bitcoin to the universal, I’m leaving whatever I’ve got to the civilization,” said Saylor to Madison Reidy. This implies…

A Hero Falls: Bitcoin Community Blasts Michael Saylor’s ‘Paranoid Crypto-Anarchists’ and Self-Custody Remarks

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Microstrategy co-founder Michael Saylor blasted the original bitcoin community stating that crypto-anarchists were paranoid about possible bitcoin seizure events involving the large companies that currently provide crypto custody. Saylor said that they were the ones who could incentivize a seizure measure due to their lack of compliance with government rules while exercising self-custody. Michael Saylor […] Original