Tag: News

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…

Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39 – Bitcoin News

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Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWE’s annual event, Wrestlemania 39, in Hollywood. The rap star was spotted wearing a gold and black diamond Ledger Nano X around his neck on a gold chain. Over the last year, Snoop has been one of several hip-hop artists showing off their custom-made and blinged-out cryptocurrency hardware devices. Snoop Joins Several Rappers Sporting Custom Crypto Hardware Wallets Over the weekend of April 1-2, 2023, Snoop Dogg hosted WWE’s 39th Wrestlemania event, featuring Cody…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say – Finance Bitcoin News

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Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. End of Most Aggressive Rate Hikes in Sight Despite Inflation, but More to Come Before It’s Over Two members of the Governing Council of the European Central Bank (ECB) have shared their assessments of the inflation outlook in the eurozone and expectations regarding the monetary authority’s next moves in that respect,…

Rendering Videos – a Fast, Reliable and Low Cost Service From GAIMIN – Sponsored Bitcoin News

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sponsored GAIMIN has launched video rendering into the services provided by gaimin.cloud, GAIMIN’s decentralised, distributed data processing network. GAIMIN’s video rendering service is a lower cost service providing a faster turnaround time whilst spreading the data processing energy consumption footprint globally using PCs already running other applications and services and solving one of the world’s biggest digital problems today.. “The World is Running out of Data Processing Power” Satya Nadella, CEO Microsoft In 2020, it was estimated that 1.145 trillion Mb of data was created every day; every human created…

South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders – Bitcoin News

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According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange. Report Says Do Kwon Allegedly Sold a ‘Large Part’ of His Assets for Bitcoin A report by KBS journalist Jieun Lee details that South Korean prosecutors have discovered 414.5 billion won ($314 million) in alleged criminal proceeds tied to employees of Terraform Labs. The report indicates that…

BTC, ETH Extend Consolidation, Ahead of Nonfarm Payrolls – Bitcoin News

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Bitcoin consolidated for a third consecutive session on Friday, hours before a much anticipated nonfarm payrolls (NFP) release. Many are expecting that payrolls will come in under the 240,000 expected sum, following recent disappointing labor data. Ethereum was also largely unchanged as of writing. Bitcoin Bitcoin (BTC) consolidated for a third consecutive session on Friday, as the global cryptocurrency market cap remains largely unchanged at the time of writing. Following a high of $28,178.30 on Thursday, BTC/USD fell marginally lower in today’s session, hitting a bottom of $27,765.34. Markets have…

Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services – Finance Bitcoin News

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Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum to Provide Digital Asset Products and Services The financial services unit of the national postal service of Switzerland, Postfinance, has joined forces with crypto bank Sygnum to offer a range of digital asset banking services. To achieve that, the bank will employ Sygnum’s B2B (business-to-business) banking platform. The partnership enables the…

Bitget Features GoSleep (ZZZ) on Launchpad and Introduces Sunshine Pool – Press release Bitcoin News

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press release PRESS RELEASE. Victoria, Seychelles 7 Apr 2023 – Bitget, the leading crypto derivatives exchange and copy trading platform, has announced a new round of launchpad listing featuring GoSleep (ZZZ), the leading Web3 sleep and healthy living reward app on Arbitrum. The launchpad tickets for ZZZ token will be allocated on Apr 17, with the deposit period starting on Apr 10. In this round of launchpad, Bitget has also introduced the sunshine pool, which is specially designed to provide fair opportunities for more participants to get allocations. Bitget’s Launchpad…

Former US President Donald Trump States China Is ‘Trying to Replace the Dollar as Number One Currency’ – Economics Bitcoin News

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Former U.S. President Donald Trump has acknowledged the push that China is making to dethrone the dollar as a reserve currency. In a post published on Truth Social, Trump stated that if this comes to happen, it would be the biggest defeat in the history of the U.S. in the last 200 years. Donald Trump Alerts About China’s Push Against the U.S. Dollar Donald Trump, former president of the U.S. has recognized the recent moves that China and other countries including Russia and Saudi Arabia are taking to undermine the…