As simplified wallet addresses become more popular within the blockchain space, crypto exchange Coinbase integrated with Ethereum Name Service (ENS) to give their customers usernames to replace their traditional Coinbase crypto wallet addresses. In a post, the exchange announced that it will be handing out free “name.cb.id” usernames. Through Coinbase Wallet’s browser extension, people can claim their new address and…
Month: September 2022
Blockchain tech driving institutional-grade solutions: Blockchain Expo Europe
Blockchain is no longer a buzzword being thrown around by mainstream institutions as meaningful and fully-working pilots and programs come to the fore at Blockchain Expo Europe 2022 in Amsterdam. Before the Covid-19 pandemic, a number of mainstream companies from various industries started to explore ways blockchain technology could be used to improve processes and products. After two years of social…
Chinese Currency Breaches 7:1 Exchange Rate Against US Dollar for First Time in Two Years – Economics Bitcoin News
The offshore exchange rate of China’s fiat currency versus the U.S. dollar recently breached the 7:1 mark for the first time in over two years, after it touched a new 2022 low of 7.0188 yuan for every dollar on September 15. Similar to other global currencies that have depreciated in 2022, the yuan’s decline is being driven by the strengthening…
Royal Family of Dubai Seed Group Partners With CoinCorner To Facilitate Bitcoin Transactions UAE – Bitcoin Magazine
CoinCorner, a global leader in Bitcoin and Lightning Network services, has partnered with Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, to facilitate Bitcoin transactions in The United Arab Emirates (UAE). “Apart from individuals, a large number of companies are ready to embrace Bitcoin and other digital currencies as legal tender for future…
Downfall of Canada's Lambo driving ‘Crypto King’ reportedly sees $35M in losses
Founder of fraud recovery law firm says the only other avenue available for investors would be to make reports to the Ontario Securities Commission or the police. Source: https://cointelegraph.com/news/downfall-of-canada-s-lambo-driving-crypto-king-reportedly-sees-35m-in-losses
Binance to Open Two Offices in Brazil, Company Hints at Debit Card Launch – Exchanges Bitcoin News
Binance, one of the biggest crypto exchanges by volume traded, has announced its expansion plans for Brazil. The exchange will open two new offices in the country to host 150 employees, who will be able to choose if they want to work in-office or remotely. The company also hinted at the launch of a debit card in the future. …
White hat finds huge vulnerability in ETH to Arbitrum bridge: Wen max bounty?
A self-described white hat hacker has uncovered a “multi-million dollar vulnerability” in the bridge linking Ethereum and Arbitrum Nitro and received a 400 Ether (ETH) bounty for their find. Known as riptide on Twitter, the hacker described the exploit as the use of an initializing function to set their own bridge address, which would hijack all incoming ETH deposits from…
Regulatory clarity will drive the next bull run — hedge fund co-founder
A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United States — which he expects to happen in early 2023. Speaking to Cointelegraph, the former head of valuation risk at Credit Suisse, CK Cheng said some of the regulatory efforts underway in the United States will soon “open…
BNV CEO Richard Hobbs on Creating a Fashion-First Metaverse
Web3 fashion startup BNV is building out its own metaverse to better fit the fashion world than the “voxelated” worlds of Sandbox and Decentraland. BNV CEO Richard Hobbs spoke to Decrypt’s Sander Lutz about why. Source: https://decrypt.co/videos/interviews/TP51RzMD/bnv-ceo-richard-hobbs-on-creating-a-fashion-first-metaverse
Should Bitcoiners Support Bukele? – Bitcoin Magazine
This is an opinion editorial by Jaime García, a Salvadoran-Canadian Bitcoin and co-host of Global Bitcoin Fest. Many Bitcoiners regard El Salvador as a beacon of hope, as it’s the only country to date that has truly made bitcoin one of its official currencies. The country has provided a hospitable atmosphere for international Bitcoiners to meet, vacation and invest their…