Fabio Panetta, an executive board member of the European Central Bank, or ECB, proposed the central bank limit the total holdings of a digital euro in an effort to prevent the digital currency from being used as a form of investment. In a Wednesday speech for the Committee on Economic and Monetary Affairs of the European Parliament, Panetta hinted the…
This is a recording of a recent Twitter Spaces conversation about the anniversary of the president of El Salvador announcing the country’s intention to make bitcoin legal tender. Listen To This Twitter Spaces: Transcript [0:06] Stacy Herbert: We’ll probably be out there on Friday for the event, the Meetup. [0:13] Bitcoin Beach (Max Keiser): Awesome. Yeah, I’ll be in California.…
Wasabi Wallet has released the newest version of its bitcoin hot-wallet, focused on accessible coinjoining features and an improved user experience.Coinjoining is automatic, though users can turn the function off, but users cannot select the UTXOs they wish to coinjoin. Wasabi Wallet 2.0 has a 0.3% coordination fee and preset options to optimize the coinjoining experience. Wasabi Wallet 2.0, a…
This week’s newsletter highlights Mattel signing a multi-year partnership with an NFT marketplace, Mastercard planning to let cardholders purchase NFTs directly with their cards, and NFT holders being able to earn millions of dollars through intellectual property rights for their NFTs. Those investing in NFTs can also learn more about the drop in floor prices for prominent collections like Bored…
Solana wallet Phantom announced Wednesday that it’s rolling out a new update next week to further strengthen its security after it patched a “demonic vulnerability” discovered by blockchain cybersecurity firm Halborn in May of last year. The vulnerability affected MetaMask, Phantom, Brave, and XDefi browser extension wallets. When any of these wallets were imported using a seed phrase, secret recovery…
Bitcoin (BTC) plummeted close to the crucial support of $20,000 as traders panicked and dumped their holdings, fearing an aggressive rate hike by the United States Federal Reserve on June 15. Another reason for the sell-off could be fears of possible contagion if lending platform Celsius and crypto venture capital firm Three Arrows Capital (3AC) go belly up. Data from…
The U.S. thinktank Atlantic Council released a report Wednesday on cybersecurity issues related to central bank digital currencies (CBDC). The authors provide a generalized discussion of CBDC security, but with a clear focus on the United States and issues specific to it. They determined that the security risks presented by a CBDC depend heavily on its design, with performance, security…
Bitcoin’s price was again tested on Wednesday, dropping close to $20,000 per coin before recovering to around $22,000 after the Federal Reserve announced it would continue to raise interest rates. The Federal Reserve on Wednesday upped interest rates by 0.75%, the largest it has done in one go in 28 years. The central bank added that it wouldn’t stop there—and…
Global financial markets were squarely focused on the U.S. Federal Reserve and its decision to raise interest rates by 75 basis points on June 15, the largest increase in 28 years as the central bank fights to tamp down the highest inflation rates in over four decades. Data from Cointelegraph Markets Pro and TradingView shows that Bitcoin (BTC) and the…
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging…
