Blockchain-based file-sharing and payment network LBRY has alleged that tech giant Apple forced it to filter out certain search terms during the height of the COVID-19 crisis in an apparent censorship attempt. In a Nov. 28 post on Twitter, LBRY alleges that it was asked to censor anything related to COVID-19, especially vaccines and potential human origins of the virus, or…
Month: November 2022
BlockFi Owes $1 Billion to Just Three of Its Largest Creditors: Bankruptcy Filing
BlockFi Inc. owes more than $1 billion to three of its largest creditors, including $30 million it has yet to pay the U.S. Securities and Exchange Commission as part of the $100 million settlement that was announced in February, according to the company’s bankruptcy filing. Altogether BlockFi owes its 50 largest creditors $1.3 billion, according to its bankruptcy filing, and…
Merging Full Replace-By-Fee Into Bitcoin Core – Bitcoin Magazine
Watch This Episode On YouTube Or Rumble Listen To The Episode Here: In this episode of “Bitcoin, Explained,” hosts Aaron van Wirdum and Sjors Provoost revisit the replace-by-fee (RBF) node policy. As they mentioned in episode 65, the upcoming Bitcoin Core release — Bitcoin Core 24.0 — includes the option to switch on “full RBF,” but this has since caused…
National Bank of Ukraine releases draft concept for digital hryvnia
The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia. Ukraine’s central bank on Nov. 28 released a statement on the concept of e-hryvnia, which aims to perform all the functions of money by supplementing cash and non-cash forms of the hryvnia as its key purpose. The NBU…
Bitcoin, Ethereum Slide Lower With Stocks Amid China Unrest, Crypto Contagion Fears
Bitcoin, Ethereum, and the wider digital asset market dipped Monday along with global stocks as investors seemingly spooked by uncertainty around China due to anti-lockdown protests sold risk assets. The largest digital asset was trading for $16,081 at the time of writing, according to CoinGecko—a 3% 24-hour drop. Ethereum was experiencing a bigger sell-off. The second-largest cryptocurrency by market cap…
Brazil Approves Use Of Bitcoin As Payment – Bitcoin Magazine
Brazilian lawmakers have approved a complete regulatory framework for the trading and use of cryptocurrencies in the country. Voted on Tuesday evening in Brasilia, the country’s capital, the new rules recognize bitcoin as a digital representation of value that can be used as a means of payment and as an investment asset in the South American nation. The bill applies…
First US state to ban nearly all crypto mining: Law Decoded, Nov. 21-28
The state of New York became the first in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years and limited in nature. Last week, New York Governor Kathy Hochul signed the moratorium into law, prohibiting any new mining operations that aren’t based on 100% renewable energy. The renewal of licenses will also be…
Executive Who Brought Time Magazine Into Web3 Is Leaving for MoonPay
In brief Time President Keith Grossman will depart the media brand to join crypto payments startup MoonPay as President of its Enterprise division. Grossman joined Time in 2019 and oversaw its push into NFTs and the metaverse, including its TimePieces Ethereum NFT project. Keith Grossman, who as president of Time magazine brought the storied media brand into Web3 in 2021,…
How The FTX Collapse Could Leave Blockfolio Users Exposed – Bitcoin Magazine
This is an opinion editorial by Morgan Rockwell, founder of Bitcoin Kinetics. I’m not concerned with Sam Bankman-Fried allegedly getting a loan from Alameda, which was actually FTX customer funds wired through Alameda to be credited on FTX. I’m not concerned with the moral compass of the celebrity investors who gave billions to a kid they didn’t really know or…
Blockchain-based fintech company prepares to enter $500B freight settlement market
The world is quick to blame inflation for the rising prices at grocery stores and retailers. This was the #1 political issue for recent Election Day voters in the United States. For example, media sources recently reported poll data that 85% of Americans could not afford to spend $200 on a Thanksgiving meal in November 2022, and only 25% could…