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German Prosecutors Hire Local Bank to ‘Clean’ Seized Crypto Worth $113 Million
24.12.2021
German prosecutors have hired a bank to “clean” cryptocurrency seized in criminal cases. “As the cryptocurrencies are related to crime, they are considered ‘contaminated coins’ and cannot be traded on mainstream exchanges,” the bank said. Bank Hired...
Sat Symbol Initiative Attempts to Get Satoshi Design Widely Adopted by the Bitcoin Community
8.10.2021
Over the last few days, cryptocurrency advocates have been discussing the Sat Symbol initiative, a goal that aims to get a specifically designed symbol to represent the smallest unit of bitcoin and also get the symbol widely adopted. The Sat Symbol has been promoted by a number of crypto luminaries...
Bitcoin’s Smallest Unit: Billionaire Mike Novogratz Wants Crypto Exchanges to Quote Satoshis
10.5.2021
Mike Novogratz, the CEO of Galaxy Digital, wants exchanges to start listing in the smallest unit of bitcoin otherwise known as “satoshis”. On May 8, Novogratz tweeted out to a number of crypto exchange executives and asked “which exchange will be first to quote in SATS?”...
Bank of Singapore Says Cryptocurrencies “Could Replace Gold as a Store of Value” but Unlikely to Displace Fiat Currencies
25.1.2021
A new research note released by the Bank of Singapore (BOS) suggests that cryptocurrencies are more likely to replace gold as a store of value. However, the note says it is unlikely that such digital currencies can replace fiat currencies even as their appeal grows. Inefficient Unit of Exchange...
Standard Chartered to Launch Crypto Custody Service for Institutional Investors Next Year
10.12.2020
SC Ventures, the innovation and ventures unit of Standard Chartered, will launch a crypto custody service targeting institutional investors in London next year. According to a Dec. 9 press statement, the British bank is partnering with U.S. wealth and asset management firm Northern Trust for...
‘Gold Is Rare but Not Too Rare’ – Bitcoin’s Supply Limit Hinders Usefulness, Says Steve Forbes
9.12.2020
The American publishing executive, Steve Forbes, recently published a video concerning his thoughts on bitcoin and told viewers that the popular crypto asset is “not yet” the new gold. The business magazine’s editor-in-chief says that bitcoin’s value “remains...
Ron Paul Advises Bitcoin Proponents to ‘Be Vigilant’ of Government ‘There’s Information Collected’
7.12.2020
On December 5, the American author and retired politician, Ron Paul, joined the Stephan Livera Podcast episode 234 and discussed cryptocurrencies and bitcoin at great length. During the interview, the prominent libertarian said when bitcoin came out he was still in congress and he thought the most...
305 Venezuelan Municipalities to Collect Tax in Cryptocurrency Petro
13.8.2020
Venezuela’s national tax harmonization agreement has been signed by the council representing 305 municipalities. They have agreed to use the country’s cryptocurrency, the petro, as the unit of account for tax payments. Taxing in Petro The Bolivarian Council of Mayors signed...
Wirecard: Crypto Card Users’ Funds Locked as UK Regulator Suspends Subsidiary
27.6.2020
UK Financial Conduct Authority (FCA) on Friday suspended the license of Wirecard Card Solutions (WCS), a unit of troubled Wirecard AG, which is responsible for issuing Visa cryptocurrency debit cards. It means some users of cards such as Crypto.com’s Mco visa debit card and Tenx’s visa...
Ethermine Mining Pool Cashes in Its $2.6 Million Ethereum Fee Windfall
16.6.2020
Ethermine will now proceed to distribute its $2.6 million bonanza from a series of bizarre ethereum transactions last week after the fund’s owner failed to make a valid claim. On June 11, the miner, a unit of Bitfly, received the record fee in a transaction involving just 350 ether (ETH),...
Bitcoin’s Unit of Account Status is Still a Fantasy - BitMEX Research
27.1.2020
How close is bitcoin (BTC) to becoming money? New data from BitMEX Research claims that although BTC transactions are now more precise than ever, the cryptocurrency still remains a long way off elusive money status – and believe that precision could actually hurt BTC’s hopes of becoming money.
The...
Global Citizens Call For 'a Global Unit of Account,' Says Central Bank
10.12.2019
Central banks in the Eurozone are increasingly turning their attention to the matter of digital fiats as they hurry to meet the needs of citizens who are more and more reluctant to use conventional cross-border payment solutions. But could their Central Bank-issued Digital Currency (CBDC) drives...
Huawei Signs Deal With Digital Currency Research Unit of China’s Central Bank
4.11.2019
Huawei has signed a strategic cooperation agreement with the People’s Bank of China’s Digital Currency Research Institute
Using CSS Grid the right way
22.2.2019
Violet Peña has shared her recommendations for using CSS Grid. They basically boil down to these high-level points:
Use names instead of numbers for setting up our grid columns.
fr should be our flexible unit of choice.
We don’t really need a grid system anymore.
Although this is all great advice...