Tag: News

TBD and Yellow Card to Enable Fiat On and Off-Ramp Payments in 16 African Countries via BTC – Bitcoin News

boss

TBD and the Africa-focused cryptocurrency exchange platform Yellow Card recently partnered to launch a fiat on and off-ramp that enables payments in some 16 African countries through Bitcoin rails. The objective of this arrangement is to make cross-border payments not only more affordable and accessible, but compliant as well. Hedging Against Inflation With BTC TBD, a bitcoin developer-focused entity owned by Jack Dorsey’s Block, has joined hands with the crypto exchange platform Yellow Card to launch a platform that enables fiat on and off-ramps and payments in 16 African countries.…

Bitcoin.com Team Members Weigh In on ETHGlobal Tokyo Hackathon – Bitcoin News

boss

The ETHGlobal Tokyo hackathon drew to a close on Sunday, as builders from around the world competed for $375,000 in prizes. The event was kicked off with the first-ever ETHGlobal “Pragma” summit, sponsored by Verse, among others. Engineers and representatives from Bitcoin.com also took part in the summit and hackathon, and shared their thoughts on the event and its significance for crypto and economic freedom right now, and in the near future. A Pragmatic Start: From Summit to Hackathon The first-ever “Pragma” summit took place on April 13 in Tokyo,…

IMF Says Sub-Saharan Africa Already Feeling Effects of the ‘Big Funding Squeeze’ – Economics Bitcoin News

boss

Countries from the Sub-Saharan Africa (SSA) region face a “big funding squeeze” which is forcing some of them to cut spending on health, education, and infrastructure. According to Abebe Aemro Selassie, people from the region are already “feeling the effects of the funding crisis.” The IMF says countries from the SSA region should also consider having in place “a well-functioning debt-resolution framework.” Region Faced With Increased Borrowing Costs and Reduced ‘Access to Cheaper Funding’ According to the International Monetary Fund, the Sub-Saharan Africa (SSA) region faces a “big funding squeeze”…

Canadian Police Launch Cryptocurrency Investigations Center – Regulation Bitcoin News

boss

The police service of the Canadian city of Calgary is launching a Cryptocurrency Investigations Centre in partnership with blockchain analytics firm Chainalysis to help combat crypto crime. The center “will enable law enforcement to tackle crime that takes place using blockchain technology,” Chainalysis described. Canada’s Cryptocurrency Investigations Centre The police service of Calgary, the largest city in the western Canadian province of Alberta and the largest metro area within the three Prairie Provinces region, announced last week that it is creating a “Cryptocurrency Investigations Centre.” The announcement explains: The Calgary…

SEC Commissioner Hester Peirce States Proposed Amendments to Definition of ‘Exchange’ Render Innovation ‘Kaput’ – Regulation Bitcoin News

boss

Hester Peirce, a commissioner of the U.S. Securities and Exchange Commission (SEC), has issued her opinion on the recent attempts of the institution to change the definition of “exchange” under the Exchange Act Rule. According to Peirce, the institution is now expanding its reach to solve “problems that do not exist,” stifling innovation in the process. SEC Commissioner Hester Peirce Issues Dissenting Opinion U.S. SEC Commissioner Hester Peirce, also known in cryptocurrency circles as “crypto mom,” has written a letter blasting the recent decision of the Commission to amend the…

Economist and Political Scientist Refute Claims of US Dollar’s Demise Despite Trend of De-Dollarization News – Bitcoin News

boss

This year, there has been a flurry of news reports and opinion editorials discussing an alleged de-dollarization trend amid a wave of disclosures associated with the BRICS bloc. In a recent article, the American political scientist and author Ian Bremmer insisted that claims of the U.S. dollar dying are overblown. In addition to Bremmer’s comments, economist Paul Krugman also asserted in a recent op-ed that the greenback isn’t going away anytime soon and called some of the speculators “‘Weimarists,’ people who are always predicting hyperinflation.” Political Scientist Ian Bremmer Insists…

Tether Stablecoin Sees 22% Growth in 2023 Despite Dollar-Pegged Token Economy’s Contraction – Altcoins Bitcoin News

boss

Since January 2023, the number of tether stablecoins in circulation has grown from 66 billion to the current 80.9 billion, representing growth of more than 22% this year. Tether’s growth is approaching the high of $83 billion in stablecoins in circulation that the project saw almost a year ago, in May 2022. Tether Supply Is Nearing Its All-Time High The stablecoin market has recently contracted and is currently hovering around $131.94 billion. The decrease in the stablecoin market can be attributed to several dollar-pegged coins that have reduced their token…

$SAI’s Skyrocket on Friday Shows Enormous Potential in Bitcoin Heating – Press release Bitcoin News

boss

press release PRESS RELEASE. SAITECH Limited (SAI for short), a clean energy and computing operator based in Singapore, saw a surge in its stock price last Friday. The highest increase in SAI’s stock price on that day was $7.4, a 387% rise from the previous day’s price. The closing price of the stock was $4.9, still up 222.3% from the previous day. Based on the closing price, the company’s market value was $111 million. The turnover rate and trading volume of SAI on that day were both very high, which…

SEC Charges Crypto Exchange Bittrex With Operating Unregistered Exchange, Broker, and Clearing Agency – Bitcoin News

boss

After the report revealing that the cryptocurrency exchange Bittrex had received a Wells Notice from the U.S. Securities and Exchange Commission (SEC), the securities regulator charged Bittrex and the company’s CEO on April 17 for “operating an unregistered exchange, broker, and clearing agency.” Following the Wells Notice, SEC Charges Bittrex for Violating Federal Laws On Monday, the U.S. Securities and Exchange Commission (SEC) charged another cryptocurrency exchange, accusing the trading platform Bittrex of operating “an unregistered national securities exchange, broker, and clearing agency.” Since 2014, Bittrex allegedly sold crypto assets…

DOGE Jumps 6%, AVAX Hits 2-Month High on Monday – Market Updates Bitcoin News

boss

Dogecoin rose by over 6% to start the week, as prices moved back towards a key resistance level. The meme coin moved higher for a fifth straight session, despite the cryptocurrency market falling by 1.54% as of writing. Avalanche also climbed, hitting a two-month high. Dogecoin (DOGE) Dogecoin (DOGE) rose by as much as 6% on Monday, as prices surged for a fifth consecutive session. Following a low of $0.08858 on Sunday, DOGE/USD raced to an intraday peak of $0.0946 earlier in today’s session. The move saw dogecoin close in…