The below is a direct excerpt of Marty’s Bent Issue #1198: “OP_CTV and rough consensus” Sign up for the newsletter here. (Source) (Source) (Source) As I’m sure some of you are aware of by now, there is a heated debate happening amongst Bitcoin developers and users alike about OP_CTV, a subject we began covering here at the Bent in December…
Month: April 2022
Mining Report Shows Bitcoin’s Electricity Consumption Decreased by 25% in Q1 2022 – Mining Bitcoin News
At the end of May last year, Tesla’s Elon Musk convinced bitcoin industry leaders to form a Bitcoin Mining Council (BMC) and in mid-July, the BMC launched its public services and website. On April 25, 2022, the organization published a report that discusses the bitcoin mining industry’s improvements in sustainable energy use during the first quarter of 2022. The BMC…
Brazil’s Senate approves ‘Bitcoin law’ to regulate cryptocurrencies
Brazil’s Senate has passed the country’s first bill governing cryptocurrencies in a plenary session, which will set the stage for the creation of a regulatory framework for the country’s crypto industry. The bill must be approved by the Chamber of Deputies and then signed off by President Jair Bolsonaro to become law in the country. This is expected to occur…
Australia’s first 3 crypto ETFs all miss launch day
The launch of Australia’s first three Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETF) scheduled for today, has been delayed as a result of further “checks” needing to be completed. The exchange listing the Bitcoin Spot ETF from Cosmos Asset Management, Cboe Australia, released a statement late Tuesday stating that “standard checks prior to the commencement of trading are still…
Buenos Aires Mayor Touts Plan That Permits Tax Payments in Bitcoin
Buenos Aires Mayor Horacio Rodriguez Larreta today gave a virtual presentation touting ways to optimize city government, one of which is allowing residents to pay taxes in cryptocurrencies such as Bitcoin. The plan has 12 main goals, another of which is using blockchain technology for protecting personal data. Dubbed Buenos Aires+, the overall vision focuses heavily on improving public services…
Bitcoin Is Venice Scaling Layers
Get the full book now in Bitcoin Magazine’s store. This article is part of a series of adapted excerpts from “Bitcoin Is Venice” by Allen Farrington and Sacha Meyers, which is available for purchase in Bitcoin Magazine’s store now. You can find the other articles in the series here. “Money will always see a multiple layered expansion as it evolves,…
Kraken Becomes First Global Crypto Exchange Fully Licensed by Abu Dhabi Global Market – Regulation Bitcoin News
Abu Dhabi Global Market has awarded a full financial license to crypto exchange Kraken. “Kraken will be the first global virtual assets exchange group in the UAE to offer investors the ability to invest, trade, withdraw and deposit virtual assets (bitcoin and ether) directly in local AED currency,” the regulator explained. Kraken Establishes Middle East Headquarters Abu Dhabi Global Market…
Ethereum scaling solution Optimism upgrades governance structure
The Optimism Foundation has unveiled a new governance structure and token as part of its ongoing efforts to bring scalability and cost efficiency to Ethereum (ETH), the world’s largest smart contract platform. The “Optimism Collective” was introduced Tuesday afternoon in a lengthy post that outlined its mission and governance mandate. Described as a “large-scale experiment in digital democratic governance,” the…
OpenSea acquires Gem, and Chess.com makes a move into NFTs
OpenSea buys NFT market aggregator Gem In a Monday Twitter post, OpenSea announced it had acquired NFT marketplace aggregator Gem for an undisclosed price. A blog post by OpenSea chief executive officer Devin Finzer stated that the company made this move to improve the experience of its more seasoned, “pro” users. Gem lets traders buy NFTs across various collections and multiple marketplaces in a…
GOP Congressman Cawthorn Accused of ‘Let’s Go Brandon’ Crypto Pump-and-Dump
In brief Watchdog groups say Madison Cawthorn may have violated insider trading laws. The controversy is related to a short-lived “Let’s Go Brandon” coin. In his short time in Congress, firebrand Madison Cawthorn (R-NC) has been embroiled in controversies that involve everything from lying about his biography to abusing staffers to partying in lingerie. Now, Cawthorn can add an alleged…