China’s special administrative region of Hong Kong is going to trial а digital version of its dollar as early as this year, in preparation for eventual roll-out. The territory is trying to catch up with those that are already launching central bank digital currencies, including the People’s Republic with its digital yuan project. Trials of Digital Hong Kong Dollar Planned…
Month: September 2022
How Bitcoin ATMs in Greece fare during a record-breaking tourist season
Greece is globally recognized for its touristic lures of idyllic beaches and a laid-back lifestyle. Prior to the outbreak of the global pandemic, the World Travel and Tourism Council said that tourism generated over one-fifth of Greece’s total GDP. This year, the country faced a record number of travelers during its summer tourism season. In the month of August alone,…
What Happens If The Dollar Loses Reserve Currency Status? – Bitcoin Magazine
This is a transcribed excerpt of the “Bitcoin Magazine Podcast,” hosted by P and Q. In this episode, they are joined by Julian Liniger to talk about fundamentals of Bitcoin and why bitcoin is seeing massive adoption in Europe even during the bear market. Watch This Episode On YouTube Or Rumble Listen To The Episode Here: Julian Liniger: With developments…
Binance Founder CZ Announces Romanian Office as Part of Regional Expansion – Exchanges Bitcoin News
Changpeng Zhao (CZ), founder and chief executive officer of cryptocurrency exchange Binance, has announced the opening of an office in Romania. During a visit to the country, he met with high-ranking officials and emphasized Binance’s intentions to expand direct operations in Eastern Europe. Binance to Launch Romanian-Language Support This Fall, Exchange CEO Unveils in Bucharest Binance, the world’s leading crypto…
Tornado Cash left a void, time will tell what fills it — Chainalysis chief scientist
The sanctions on cryptocurrency mixer Tornado Cash has left a vacuum for illicit fund mixing services, but more time is needed before we’ll know the full impact, according to Chainalysis’ chief scientist. During a demo of Chainalysis’ recently launched blockchain analysis platform Storyline, Cointelegraph asked Chainalysis chief scientist Jacon Illum and country manager for Australia and New Zealand Todd Lenfield…
Tribe DAO votes in favor of repaying victims of $80M Rari hack
After months of uncertainty, the Tribe DAO has passed a vote to repay affected users of the $80 million exploit on decentralized finance (DeFi) platform Rari Capital’s liquidity pools. Following several rounds of voting and governance proposals, Tribe DAO, which consists of Midas Capital, Rari Capital, Fei Protocol and Volt Protocol, took the decision to a vote on Sept. 18…
This Week’s NFT Sales Slide, Bored Ape Market Cap Drops 21%, Floor Prices Sink Lower – Markets and Prices Bitcoin News
Non-fungible token (NFT) sales this week dropped 10.88% lower than the week prior. Roughly $118.02 million worth of NFTs were sold this week compared to last week’s $132.43 million. Further, the top two NFT collections with the largest market capitalizations shed significant value during the past seven days. While Bored Ape Yacht Club’s market valuation lost 21.29%, Cryptopunks’ market cap…
Web3 Game Platform Iskra Raises $40M, Partners with Gate․io for Token Generation Event – Press release Bitcoin News
press release PRESS RELEASE. Iskra, a web3 community game platform that raised $40M from Korean tech giants Krust, Wemade, Netmarble, LINE Studio and others, plans to hold its first Token Generation Event (TGE) on global exchange Gate.io. The TGE is scheduled for Thursday, September 29, 2022, at 9:00 am UTC. This TGE is one of the project’s significant milestones, and…
FTX in talks with investors to raise $1B for further acquisitions — Reports
Sam-Bankman Fried’s crypto exchange FTX is reportedly engaged in talks with investors to raise $1 billion in new funding, as it looks to utilize extra capital for financial acquisitions during the bear market. According to a Sept. 21 report from CNBC which cites sources close to the matter, the talks are still ongoing and the details could still be subject…
Validating Lightning Signer Separates Nodes Keys – Bitcoin Magazine
The below is a direct excerpt of Marty’s Bent Issue #1264: “Don’t underestimate human creativity.” Sign up for the newsletter here. It’s true what they say: Bear markets are for building. Here’s a shining example of that via the Sphinx team showing that their Lightning node is leveraging the Validating Lightning Signer architecture, which separates the keys from the Lightning…