Edward Snowden has weighed in on the subject of Bitcoin, calling the cryptocurrency, “the most significant monetary advance since the creation of coinage.” The whistleblower turned international fugitive described his opinion as “unpopular but true” in a post on Twitter. Referencing a quote by Bitcoin’s pseudonymous creator Satoshi Nakamoto, Snowden added, “If you don’t believe me or don’t get it,…
The Blockchain Basics Act, a series of regulations aimed at safeguarding people’s cryptocurrency rights at a state level, has been introduced in three more U.S. states: Ohio, South Carolina, and Mississippi. With this move, similar cryptocurrency regulation has been introduced in seven states and passed in Missouri. Blockchain Basics Act Regulation Reaches Ohio, South Carolina […] Source: https://news.bitcoin.com/blockchain-basics-act-introduced-in-ohio-south-carolina-and-mississippi/
WLD, the token of Sam Altman’s crypto-powered digital ID project Worldcoin, has surged 40% in the past day. Worldcoin’s WLD token is currently trading at $7.44, up 39.8% on the day and 185.8% in the past week, per data from CoinGecko. The token’s price surge kicked off on February 15, the same day that Altman’s firm OpenAI launched text-to-video AI…
Ethereum co-founder Vitalik Buterin mused that one application of artificial intelligence that he’d like to see is AI-assisted formal verification of code and bug finding. “Right now Ethereum’s biggest technical risk probably is bugs in code,” he said on Twitter. “And anything that could significantly change the game on that would be amazing,” Unsurprisingly, the replies to the tweet were…
Stanley Druckenmiller, the legendary investor who was part of George Soros’ Quantum Fund, has dumped traditional tech stocks while putting funds into gold mining companies and artificial intelligence (AI) shares. According to filings, he sold Amazon, Alphabet (Google), and Broadcom stocks while acquiring shares of Barrick Gold and Newmont, two gold miners. Stanley Druckenmiller Sells […] Source: https://news.bitcoin.com/legendary-investor-stanley-druckenmiller-dumps-big-tech-bets-on-ai-and-gold/
Web3-powered real world assets technology platform Cleo Tech’s CLEO token has been listed on crypto exchange MEXC. Cleo Tech incentivizes social good through tokenization. Its novel platform enables businesses, sports, schools and the arts to generate engagement and revenue by offering a tokenized real world good—such as removing plastic from the ocean or planting trees—in combination with an NFT for…
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Mexican billionaire Ricardo Salinas Pliego offers bitcoin investment advice, Bitso’s report finds Latam is a bitcoin region, and Honduras bans financial institutions from dealing with crypto. Mexican Billionaire Ricardo Salinas Gives Bitcoin Investment […] Source: https://news.bitcoin.com/latam-insights-mexican-billionaire-ricardo-salinas-bitcoin-investment-advice-bitsos-latam-trends-report/
Economist and gold advocate Peter Schiff has sounded the alarm about the U.S. Securities and Exchange Commission (SEC) potentially changing the definition of a “security.” He cautioned: “Now that the U.S. Appeals Court has upheld the SEC’s authority to unilaterally change the definition of a ‘dealer,’ I expect lots of private investors to be retroactively […] Source: https://news.bitcoin.com/peter-schiff-warns-sec-could-change-definition-of-security-expects-lots-of-investors-to-be-retroactively-fined/
The volume of daily transactions on the Bitcoin network has seen a significant decline since Jan. 28, 2024, with numbers falling from peaks above 600,000 to below 300,000 transactions per day. This downturn is in sync with a decrease in the daily creation of Ordinal inscriptions, overall easing congestion and reducing onchain fees. Network Activity […] Source: https://news.bitcoin.com/bitcoin-network-faces-downturn-in-transactions-and-fees-as-halving-approaches/
In the past seven years, the crypto world has witnessed various individuals claiming to be the true Satoshi Nakamoto, the mastermind behind the Bitcoin white paper and the initiator of the first blockchain. Yet, despite their efforts, none have managed to convince the community of their authenticity as the creators of Bitcoin. It appears there […] Source: https://news.bitcoin.com/cryptographic-clarity-unmasking-satoshi-nakamoto-demands-ironclad-evidence-amid-a-sea-of-claims/
