Before Bitcoin: 4 Early Digital Currencies and Why They Collapsed
News

Before Bitcoin: 4 Early Digital Currencies and Why They Collapsed

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/

Solana Weighs Significant Changes to Deal With Network Demand
News

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…

Continue Reading

News

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

Bitcoin Staking Protocol Solv Integrates Liquid BTC With Solana’s Defi Ecosystem
News

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/

Chinese Police Arrest 21 in $54M USDT Money Laundering Probe
News

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…

Continue Reading