The U.S. Department of State has highlighted the relevance of recognizing bitcoin as a legal tender for the rebirth of tourism in El Salvador. In a recently released investment climate report, the department states that this factor has given significant publicity to El Salvador, contributing to its popularity as a tourist destination. U.S. Department of […] Source: https://news.bitcoin.com/us-department-of-state-highlights-bitcoins-significance-for-tourism-in-el-salvador/
The acquisition could be another step towards the first spot crypto ETF launching in Japanese markets. Source: https://cointelegraph.com/news/bitflyer-acquires-ftx-japan-launch-crypto-etfs?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin needs to hold above the $65,000 mark for more upside, while Ether price is weighed down by a sell-the-news event, according to analysts. Source: https://cointelegraph.com/news/bitcoin-price-drop-63k-futures-expiry?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Lightning Labs, an institution dedicated to research and development related to the Lightning Network, Bitcoin’s second layer, has announced the rollout of Taproot Assets. This solution allows for issuing multiple tokens on top of it. The institution aims to capitalize on the popularity and volume of stablecoins to establish bitcoin as the global routing currency. […] Source: https://news.bitcoin.com/lightning-labs-rolls-out-taproot-assets-seeking-to-bring-stablecoins-to-lightning-network/
Real-world assets could catalyze the tokenization of everything, or at least Kinto thinks so. Source: https://cointelegraph.com/news/real-world-assets-evolve-finance-by-tokenizing-everything-says-kinto-co-founder?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Staunch crypto critic Sen. Elizabeth Warren (D-MA) has claimed that crypto mining operations in the U.S. represent a threat to national security, with “foreign adversaries” running crypto mining outfits that could be used “to spy on U.S. military operations.” At a hearing of the Senate Committee on Banking, Housing, and Urban Affairs on Thursday, Warren posed questions to the Assistant…
An X user called “maxlin.eth” encountered a job-hunting scam where the attackers jumped into a Zoom call and tricked a potential victim into downloading a malicious app. Source: https://cointelegraph.com/news/fake-video-conferencing-software-crypto-scam?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
JP Morgan has started rolling out its own in-house generative AI product to its teams of analysts, earmarked for “general productivity.” The tool, known as “LLM Suite,” was described as “ChatGPT like” in an internal memo. It will be used to help analysts with tasks like writing, generating ideas and summarizing documents. Sources familiar with the tool told The Financial…
Singapore’s 2024 terrorism threat assessment reveals a continued reliance on cash transfers for funding by terrorist groups despite some increase in crypto usage. Source: https://cointelegraph.com/news/singapore-terrorism-threat-crypto-adoption-2024?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
A new report warns that the adoption of global stablecoins in emerging markets and developing economies poses significant financial risks and regulatory challenges. Source: https://cointelegraph.com/news/stablecoin-risks-developing-economies?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
