The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil A new bill has been introduced in Congress to regulate the payment of wages and other […] Original
Gold has surged to a new all-time high, surpassing $3,025 per ounce to mark an increase of over 15% in since the turn of the year. Meanwhile, bitcoin is lagging (BTC), down 10% year-to-date. Several factors have contributed to gold’s rally, including significant inflows into gold ETFs and its traditional role as a safe-haven asset during geopolitical uncertainty. Additionally, discussions of new tariffs in the U.S. under President Trump have further fueled demand for U.S. equities. Gold’s historic rally has driven its price up 40% year-over-year, far outpacing Bitcoin’s 16%…
A Bitcoin whale has closed over half a billion in short positions, betting on Bitcoin price’s decline ahead of the much-awaited Federal Open Market Committee (FOMC) meeting this week. A large crypto investor, or whale, made nearly $10 million profit after closing a 40x leverage short position for 6,210 Bitcoin (BTC) — worth over $516 million — which functions as a de facto bet on Bitcoin’s price fall. Leveraged positions use borrowed money to increase the size of an investment, which can boost the size of both gains and losses,…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. BNB is among today’s market leaders after seeing a 5% surge in the past 24 hours. Amid its recent performance, the token is retesting key levels, leading some market…
South Korea’s central bank has ruled out adding bitcoin to its foreign exchange reserves, citing extreme price volatility and failure to meet liquidity and investment-grade standards. This stance follows U.S. President Donald Trump’s March 6 executive order promoting bitcoin stockpiling. The Bank of Korea, responding to a query from Rep. Cha Gyu-geun, emphasized that reserves […] Original
Japan’s Metaplanet has issued more zero-interest bonds as the listed company looks to asquire more bitcoin (BTC). The company said today in a notice to shareholders that it issued 2 billion yen ($13.4 million) in zero-interest ordinary bonds for buying BTC, with Evo fund once again acting as the sole bondholder. These bonds carry no interest and will be redeemed in full on Sept. 17. These bond issuances are a regular occurrence for the listed company as Metaplanet continues to increase its bitcoin reserves, taking advantage of cheaper pricing brought…
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. On-chain data shows the Bitcoin miners have continued to make large deposits to exchanges recently, a sign that could be bearish for BTC’s price. Bitcoin Miner Exchange Netflow Has…
Japanese investment firm Metaplanet has issued another set of 0% ordinary bonds to EVO FUND, worth $13.35 million, with the aim of buying more Bitcoin. According to a recent notice, the Tokyo-based investment firm is issuing ¥2 billion to EVO FUND, based on a decision made at the company’s board of directors meeting. This marks the ninth issuance of ordinary bonds by the Japanese firm overall. In a Mar. 18 regulatory filing, it is stated that the funds gained from the ordinary bonds issuance will be used to purchase more…
Crypto exchange Crypto.com has come under fire after a last-minute voting surge secured approval for its controversial proposal to mint 70 billion CRO tokens. According to a report from Unchained, the proposal had struggled to reach the required 33.4% quorum for most of the voting period. However, in the final hours, a sudden influx of 3.35 billion Cronos (CRO) votes pushed it past the threshold, securing a 61.18% approval. The proposal in question was aimed at creating a Cronos Strategic Reserve by effectively reversing a 2021 token burn that was…
Tech giant Microsoft has discovered a new remote access trojan (RAT) that targets crypto held in 20 cryptocurrency wallet extensions for the Google Chrome browser. Microsoft’s Incident Response Team said in a March 17 blog post that it first discovered the malware StilachiRAT last November and found it can steal information such as credentials stored in the browser, digital wallet information and data stored in the clipboard. After deployment, the bad actors can use StilachiRAT to siphon crypto wallet data by scanning device settings to see if any of the…