Tag: News

Argentine Province of San Luis to Issue Dollar-Pegged Stablecoin and Local Art NFTs – Regulation Bitcoin News

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San Luis, a province of Argentina, has approved a bill allowing it to issue a blockchain-based, dollar-pegged stablecoin. The bill, which also approves the issuance of local artistic assets as NFTs (non-fungible tokens) seeks to enable the promotion of social development, and economic, cultural, and financial inclusion using blockchain. San Luis Approves Blockchain Development Bill San Luis, an Argentine province, has taken its first steps to include blockchain-based tech as part of its digitization push. The legislators of the province recently approved a bill designated with the number VIII-1085-2022, called…

Crypto Futures ETFs Raise More Than $73 Million Ahead of Hong Kong Launch – Bitcoin News

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Hong Kong’s first crypto-based exchange-traded funds (ETFs) have attracted over $73 million ahead of their debut on the region’s stock exchange. The launch of the two ETFs tracking cryptocurrency futures listed in the United States comes despite the industry’s current troubles. Hong Kong Debuts Bitcoin and Ether Futures ETFs Amid Crypto Winter Two ETFs tracking crypto futures raised a total of $73.6 million ahead of their debut on the stock exchange in Hong Kong on Friday, with the larger one raising $53.9 million, according to Reuters. The news agency noted…

Reports Suggest Caroline Ellison Is Working With Feds and Snitching on FTX Co-Founder Bankman-Fried – Bitcoin News

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Following the arrest of the former FTX boss Sam Bankman-Fried (SBF), spectators continue to wonder where ex-Alameda Research CEO Caroline Ellison is, and whether or not she turned on SBF. A few reports suggest Ellison is “likely working with feds” and it’s possibly the reason why Ellison was reportedly spotted at the Ground Support cafe in Soho. Did Caroline Rat on SBF? No One’s Heard a Peep From the Mysterious Ex-Alameda Executive Since FTX Collapsed A great deal of crypto supporters and the media have been wondering where Caroline Ellison,…

ECB Hikes Interest Rates by 50bps; Signals Need for Further Hikes to Fight Inflation – Economics Bitcoin News

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The European Central Bank (ECB) decided to hike three of its key interest rates by 50 basis points (0.5%) as part of its ongoing war against inflation. The organization stated that further increases are likely to happen “because inflation remains far too high and is projected to stay above the target for too long.” ECB Follows Federal Reserve, Hiking Interest Rates by 50 Basis Points The European Central Bank (ECB) has explained its economic policy in its war against inflation. The governing council of the body decided to hike the…

Web3 Applications Will Increasingly Be Built on Custom Blockchains, Says Ankr’s Head of Product – Interview Bitcoin News

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As blockchain developers compete for traffic and resources for their respective dapps (decentralized applications), the downside to this, according to some in the industry, can be a poor user experience which in turn undermines the mass adoption cause. Therefore, unless current blockchains — both Layers 1 and 2 — can overcome niggling issues like high gas fees or poor network speed, it will be difficult to convince traditional organizations that they need the tech, according to Ankr’s Josh Neuroth. Overcoming Blockchain Scalability Challenges In cases where an attempt to improve…

Bank of Russia Moves to Safeguard Crypto Companies Against Sanctions – Regulation Bitcoin News

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The Central Bank of Russia has introduced measures to protect entities working with digital assets from sanctions pressures. These businesses will be exempted from some reporting requirements as part of a regulatory relief intended to minimize the burden on financial organizations. Russia’s Central Bank Eases Supervision of Digital Asset Platforms Amid Sanctions The Central Bank of the Russian Federation (CBR) has allowed issuers of digital financial assets (DFAs) not to disclose information sensitive in the light of sanctions risks. The exemption, valid until July 1, 2023, concerns data revealing the…

US Senators Unveil New Crypto Bill — Experts Call It the ‘Most Direct Attack’ on Personal Freedom and Privacy of Crypto Users – Regulation Bitcoin News

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Two U.S. senators, including Elizabeth Warren, have introduced a bipartisan bill for the regulation of cryptocurrency. The bill, titled “Digital Asset Anti-Money Laundering Act,” is “the most direct attack on the personal freedom and privacy of cryptocurrency users and developers we’ve yet seen,” according to crypto advocates. Digital Asset Anti-Money Laundering Act of 2022 Launched U.S. Senators Elizabeth Warren (D-MA) and Roger Marshall (R-KS) introduced new legislation to regulate the cryptocurrency sector Wednesday. Their bill, titled “Digital Asset Anti-Money Laundering Act of 2022,” seeks to crack down on money laundering…

Trump Launches NFT Card Collection — Sweepstake Winners Could Dine or Golf With the 45th President – Bitcoin News

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The former 45th president of the United States, Donald Trump, announced the launch of his new non-fungible token (NFT) trading cards on Dec. 15, 2022. Trump revealed the NFT collection via his Truth Social account and the former president told his fans that the NFTs would “make a great Christmas gift.” Former President Drops the Trump Trading Card NFT Collection Minted on the Polygon Network — Collection Offers Entry Into a Sweepstakes With Unique Trump-Related Prizes Donald Trump hopes to make America great again as the businessman and media personality…

Court Documents Say FTX Boss Ryan Salame Snitched on SBF 2 Days Before the Bankruptcy Filing – Bitcoin News

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According to court documents associated with the FTX bankruptcy proceedings, on Nov. 9 — two days before the company filed for Chapter 11 bankruptcy protection — FTX co-CEO Ryan Salame told Bahamian authorities that Sam Bankman-Fried (SBF) sent customer funds to the firm Alameda Research. A letter written by Salame sent to the Bahamian commissioner of police detailed the “possible mishandling of clients’ assets” by SBF. Court Documents Indicate FTX Co-CEO Ryan Salame Allegedly Turned on Bankman-Fried A written account from FTX co-CEO Ryan Salame details that the former FTX…

Another Mysterious Person Signs a 2009 BTC Address, Message Shared by Martin Shkreli Mentions Convicted Felon Paul Le Roux – Bitcoin News

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Just recently, the crypto community discovered a bitcointalk.org forum user who signed a message from bitcoin block 1,018, and the signer associated the signature with an address first seen in 2022. Moreover, further investigation and evidence have tied block 1,018 to the now-deceased computer scientist Hal Finney’s bitcoin transactions. Two days ago, another signature and message associated with an old bitcoin address were published, and this time around it was revealed by the ‘pharma bro’ and former hedge fund manager Martin Shkreli. The latest message makes a bold claim that…