Before bitcoin took the spotlight, several digital currencies aimed to change the way we exchange value, but none could withstand the test of time. Ecash, E-gold, Liberty Reserve, and Q coins each had their moment, only to fall short in the end. This piece dives into their stories and uncovers how bitcoin, introduced by Satoshi […] Source: https://news.bitcoin.com/before-bitcoin-4-early-digital-currencies-and-why-they-collapsed/
Month: October 2024
Rebar aims to launch Bitcoin-native MEV Shield by end of 2024: CEO
The startup is onboarding Bitcoin miners representing a “sizable amount” of the Bitcoin network’s total hashrate, according to Alex Luce. Source: https://cointelegraph.com/news/rebar-bitcoin-native-mev-shield-end-2024-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto Super PACs spend $1.3M on candidates as early voting continues
The Fairshake and Defend American Jobs PACs reported media buys for GOP and Democratic candidates in the House of Representatives ahead of the elections. Source: https://cointelegraph.com/news/crypto-super-pac-spending-candidates-early-voting?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
No, the SEC Isn’t Backing Off Solana—Here’s the Latest
After speculation this summer that the U.S. Securities and Exchange Commission (SEC) might wind down its war on altcoins like Solana, the financial regulator has now signaled that it fully intends to proceed with claims that selling the token constitutes an illegal, unregistered security offering. In an amended complaint submitted this week in its suit against Binance, the SEC took…
Montenegro halts Do Kwon’s extradition again ahead of appeal ruling
Do Kwon’s extradition has been delayed again, to the surprise of the Justice Ministry. Source: https://cointelegraph.com/news/montenegro-suspends-do-kwon-extradition?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stablecoins can benefit financial system, Fed governor says
The United States national debt has crossed $35 trillion, with $500 billion added to the government debt in the last two weeks alone. Source: https://cointelegraph.com/news/stablecoins-benefit-financial-system-federal-reserve-governor?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Huge week for BTC ETFs, Crypto now through Venmo, Memes Dominate Gainers
Huge week for BTC ETFs, Crypto now through Venmo, Memes Dominate Gainers BTC ETFs see biggest inflow week since July. BlackRock ETF sees $1bn inflows in a week. Venmo can now be used to buy crypto on Moonpay. SEC’s XRP appeal doesn’t challenge security status. Worldcoin rebrands to World with new orb. EigenLayer X account compromised. FBI arrests hacker of…
Bitcoin Staking Protocol Solv Integrates Liquid BTC With Solana’s Defi Ecosystem
The Solv Protocol has announced the integration of Liquid Bitcoin (LST) into Solana’s decentralized finance (Defi) ecosystem through its new product, Solvbtc.JUP. This initiative allows Bitcoin holders to participate in yield generation by depositing BTC or Wrapped BTC to mint Solvbtc, which can then be converted into Solvbtc.JUP, representing staked Bitcoin that accrues yield over […] Source: https://news.bitcoin.com/bitcoin-staking-protocol-solv-integrates-liquid-btc-with-solanas-defi-ecosystem/
Olympic Snowboarder Used Tether in Cocaine-Smuggling Murder Scheme, Feds Say
Feds have hit an Olympic snowboarder with criminal charges for his alleged role in a cocaine trafficking gang, which used the stablecoin Tether (USDT) as a key part of its billion-dollar operation. A U.S. Department of Justice (DOJ) indictment filed Thursday alleged that former pro snowboarder Ryan James Wedding and 15 other defendants ran a drug-trafficking syndicate, shipping cocaine from…
BlackRock eyes BUIDL for derivatives collateral in crypto exchanges
BlackRock and Securitize are reportedly in talks to integrate BUIDL as collateral for derivatives trading on Binance, OKX, and Debirit. Source: https://cointelegraph.com/news/blackrock-eyes-buidl-derivatives-collateral-crypto-exchanges?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound