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Bitcoin’s Path to Money: Menger’s Theory and the Debate on Medium of Exchange vs. Store of Value
13.9.2023
Over the past ten years, fervent supporters of digital currency have engaged in intense debates: Is bitcoin (BTC) designed as peer-to-peer electronic cash as illustrated in Satoshi’s groundbreaking white paper, or does it serve as a digital store of value, similar to gold? Additionally,...
50 US Lawmakers Reintroduce ‘CBDC Anti-Surveillance State Act’ to Protect ‘the American Way of Life’
13.9.2023
Fifty U.S. lawmakers have reintroduced the CBDC Anti-Surveillance State Act to prohibit the Federal Reserve from issuing a retail central bank digital currency “while protecting innovation and any future development of true digital cash.” Congressman Tom Emmer stressed: “President Biden is willing...
Digital Ruble ‘Could Help De-Dollarize’ Russia, Ex-Gov’t Minister Claims
13.9.2023
The launch of Russia’s CBDC, the digital ruble, will help spur de-dollarization, a former government minister has claimed.
Per the media outlet KV News, the comments were made by the MP Sergei Kalashnikov, formerly the Minister of Labor and Social Development and the first deputy chairman of...
21co Unwraps New Suite of Wrapped Cryptocurrencies
12.9.2023
21.co, the parent company of crypto exchange-traded products provider 21shares, has introduced a suite of wrapped tokens pegged to top crypto assets across multiple blockchains. The wrapped tokens are designed to increase liquidity and interoperability between different crypto networks. 21co...
Canaan Unveils Cutting-Edge Avalon 14 Series Bitcoin Miners
12.9.2023
At the “Avalon Bitcoin & Crypto Day” conference in Singapore, the bitcoin mining application-specific integrated circuit (ASIC) manufacturer Canaan showcased its new Avalon-made 14 series mining rigs. One of the mining machines, the A1466I, boasts an energy efficiency of fewer than...
Vitalik Buterin Confirms His X Account Was Hacked by SIM Swap
12.9.2023
Ethereum founder Vitalik Buterin took to social media to share details about the hacking of his profile on X, formerly Twitter. The influential crypto figure confirmed suspicions that the account was targeted in a SIM swap attack allowing perpetrators to promote a crypto scam enticing victims with...
Wirex and Polygon CDK Join Forces to Revolutionize Digital Payments With W-Pay
12.9.2023
PRESS RELEASE. Wirex, a major player in crypto payments with over 6 million users, has chosen to partner with Polygon CDK (Chain Development Kit) to create a new App Chain focused on payments, named W-Pay. This move marks a significant development in the world of cryptocurrency payments....
Digital Fiats Will Help Us De-Dollarize, Claims Chinese Academic
12.9.2023
Digital currencies will help China and its allies de-dollarize, a leading Chinese academic has claimed, as the nation continues to make CBDC progress.
The comments came from Huang Qicai, the Deputy Director of the Fujian Academy of Social Sciences in an opinion piece for Guangming Daily.
The...
Standard Chartered-Backed Zodia Custody Now Available in Singapore
12.9.2023
Zodia Custody, a cryptocurrency storage provider and a subsidiary of Standard Chartered, has launched in Singapore, to provide digital asset custody services for financial institutions
Russian Central Bank May ‘Mark’ CBDC Tokens to Track Digital Ruble Transactions
12.9.2023
The Russian Central Bank says it may look to “mark” or “color-code” digital ruble tokens to help it track CBDC transactions.
Per Tass, the bank said it would “consider the possibility” of issuing super-traceable tokens.
But, speaking at a financial forum, the bank’s Deputy Governor Alexei...
Study: Weekly Digital Asset Investment Outflows Hit $59M; BTC Sees Largest Drop
12.9.2023
In the first week of September, an outflow of $59 million worth of digital assets managed by Digital Asset Funds was recorded, the latest Coinshares data has shown. The latest outflow means the value of digital asset investment products under management has dropped by a total of $294 million...
FTX Estate Controls $1.1B in Solana and $560M in Bitcoin Amid Bankruptcy Revelations
11.9.2023
The FTX estate, currently overseeing the bankruptcy and restructuring of the once-active crypto exchange, reveals holdings of $1.16 billion in solana (SOL) and $560 million in bitcoin (BTC). 16% of Solana’s Market Cap Is Held by FTX In a recent Monday court filing, a stakeholder update...
Dormant Bitcoin Awakenings: $958 Million in ‘Sleeping Coins’ Stir in 2023
11.9.2023
In 2023, a notable wave of dormant ‘sleeping bitcoin’ transactions resurfaced, totaling a staggering 37,330 BTC valued at $958 million based on current BTC exchange rates. Throughout the year, analysis revealed that these inactive bitcoin wallets from 2010 and 2011 are becoming...
FTX has $222M in Bahamas real estate, 1,300 tokens: shareholder presentation
11.9.2023
Ten percent of shareholder claims have been settled so far. They will be able to assess the condition of the company at a meeting that runs Sept. 11-12
Google launches Digital Futures Project with $20M in grants to support ‘responsible AI’
11.9.2023
The launch comes ahead of a series of AI forums to be hosted by U.S. Senate majority leader Chuck Schumer
Santiment Says Market is Hinting at "Price Bounces" as FUD Dominates
11.9.2023
Digital assets are displaying signs of potential price rallies despite growing market uncertainty, new insights provided by crypto analytics firm Santiment show.
In a recent tweet, the firm highlighted the dominance of fear, uncertainty, and doubt (FUD) sentiments on social media platforms, noting...
Web3’s revolution: Why the digital wallet is the new marketing gold
11.9.2023
The cookie-less internet presents an opportunity, not a risk. It has the ability to redefine and strengthen the connection and trust between consumers and brands
Animoca plans to develop digital IDs and point system for Web3
11.9.2023
Animoca Brands closed a funding round supporting the acceleration of the Mocaverse to create digital IDs and point system for Web3 culture, gaming and entertainment
Anchorage Digital CEO Highlights 'Widespread' Self-Custody Risks After Prime Trust Bankruptcy
11.9.2023
The collapse of crypto custodian Prime Trust in recent months has underscored the inherent risks of self-custody within the cryptocurrency industry, according to Diogo Monica, CEO of San Francisco-based crypto bank Anchorage Digital.
Speaking in an interview with crypto news outlet Decrypt, Monica...
Dash: Transforming transactions and play in the digital age!
11.9.2023
Dash is making a big impact on online globe transactions safer than ever. The distributed blockchain network of blockchain technology is redefining global financial transactions. Likewise, Dash provides a variety of methods that enable users wherever in the world to enjoy even more online material....