Cardano founder Charles Hoskinson has hinted at teaming up with Bitcoin Cash (BCH). On May 4, Hoskinson posted a poll on X asking people what they thought about Cardano (ADA) partnering with Bitcoin Cash to boost its performance using technology like proof of useful work (PoUW), non-interactive proofs of proof-of-work (NIPoPoW), and Ergo technology. In Hoskinson’s opinion, such upgrades could make BCH “the fastest and most useful” proof of work chain out there. Hypothetical Poll: Would you like to see Bitcoin Cash become a Cardano Partnerchain upgraded with Useful Proof…
Tag: Cash
Bitcoin (BTC) ‘Call Writing’ Back in Vogue as Cash And Carry Strategy Loses Shine
“One popular strategy among traders is to sell out-of-the-money call options at higher strike prices, like the $80,000 mark set for the end of May. These strikes are beyond the current high range and are less likely to be exercised, allowing traders to collect premiums while reducing their risk exposure,” Wintermute said in a note shared with CoinDesk. Source
Coin Center Warns of DOJ Overreach in Tornado Cash, Samourai Wallet Cases
The recent actions by the Department of Justice (DOJ) against non-custodial crypto wallet developers have sparked controversy and concern within the cryptocurrency community. According to Coin Center, these charges mark a significant shift from previous U.S. policies regarding money transmission, potentially impacting the liberty and privacy rights of developers and users alike. Coin Center: DOJ […] Source CryptoX Portal
Distilling the Tornado Cash and Samourai Suits
According to the Department of Justice, the answer is yes. The Tornado Cash developers didn’t just build an open-source piece of software; they developed an actual business facilitating transactions that the federal government deemed illegal, the DOJ said in both an indictment last year and a filing last Friday. Tornado Cash isn’t just a set of smart contracts released into the world; it’s an entire ecosystem of smart contracts, a front end, a user interface and experience, and so much more. In pursuing this argument, the DOJ is also raising…
Does Money Transmitting Require Control? DOJ Says No in Tornado Cash Litigation
Since the Department of Justice (DOJ) filed its legal opposition to the pretrial motions of Tornado Cash developers Roman Storm and Roman Semenov, there has been a buzz within the cryptocurrency community regarding specific aspects of the court filing. A key point raised by the prosecutors is their belief that the definition of “money transmitting” […] Source CryptoX Portal
DOJ Counters Motion to Dismiss Charges Against Tornado Cash Developer
In a notable development, the U.S. Department of Justice (DOJ) has countered a motion to dismiss the criminal charges against Roman Semenov, a developer of the cryptocurrency mixing service Tornado Cash, highlighting the alleged strength of its case in a recent court submission. Prosecutors Assert Strong Evidence Is Coming in Tornado Cash Laundering Case The […] Source CryptoX Portal
DOJ Disputes Roman Storm’s Characterization of Tornado Cash Operations in New Filing
The DOJ charged Storm, alongside fellow developer Roman Semenov, with conspiring to commit money laundering, conspiring to operate an unlicensed money transmitter and conspiring to violate sanctions law by creating and operating Tornado Cash, a crypto mixing service designed to anonymize transactions. North Korea’s Lazarus Group and other criminal entities have laundered funds through Tornado Cash, U.S. authorities have alleged. Source
Some Square Users Can Now Convert Their Dollars to Bitcoin Via Cash App
The tool, called Bitcoin Conversions, will set eligible Square users up with a dedicated Cash App account programmed to receive 1% to 10% of their store’s revenues, which will then be converted on their behalf into BTC, which can then be held, sold or transferred “as they see fit.” The service will be limited to sole proprietors or single member LLCs until a full rollout to Square customers in the coming months. Original
Koala Coin rises alongside Bitcoin Cash and Injective Protocol
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Koala Coin gains momentum in its presale alongside robust performances from Bitcoin Cash and Injective Protocol. Koala Coin (KLC) progresses through its initial presale stage, currently priced at $0.014, offering a blend of humor and finance. This approach aims to engage a growing community interested in the unique combination of investment potential and cultural appeal. The unique offering of Koala Coin Koala Coin, emerging at the intersection of…
Reserve Bank of New Zealand Starts Consultation on CBDC Digital Cash
New Zealand’s CBDC is undergoing a multi-stage and multi-year process, and the country has not decided to issue one yet, the consultation paper said. It would be denominated in New Zealand dollars, swappable 1:1 with physical cash, and would be available 24/7. Source