The lessons from recent hurricanes shouldn’t be ignored. It’s time to upgrade internet infrastructure and position people to achieve financial sophistication. Source: https://cointelegraph.com/news/natural-disasters-wreck-fintech-infrastructure-proving-cash-is-still-king?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
Salvadorans Like Bukele But Aren’t Using Bitcoin, Survey says
Salvadorans may like President Nayib Bukele for cleaning up the country’s once disastrous security situation. But at least one policy isn’t sticking: Bitcoin. That’s according to a new survey from the San Salvador university Francisco Gavidia, which found only 7.5% of people interviewed said they use the cryptocurrency to make transactions, while 92% admitted they didn’t. El Salvador made Bitcoin…
Tesla moves entire $765M Bitcoin stash to unknown wallets
Before the mass transfers, Tesla’s Bitcoin wallet had remained dormant since June 2022. Source: https://cointelegraph.com/news/tesla-moves-all-765-million-bitcoin-unknown-wallets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase Ending Direct Crypto Paycheck Feature, New Wallet Integration In the Works
U.S. publicly-listed crypto exchange Coinbase announced Tuesday it is ending its Paycheck Direct Deposit service, a feature that had previously allowed users to allocate part or all of their paycheck to be paid in crypto. “Starting November 25, we’ll no longer support paycheck direct deposit on Coinbase,” the exchange’s team said in an email sent to users Monday. “Please remove…
Ethereum price shows strength, but a 23% drop in DApps activity raises concern
Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally. Source: https://cointelegraph.com/news/ethereum-price-shows-strength-but-a-23-drop-in-dapps-activity-raises-concern?utm_source=rss_feed&utm_medium=rss%3FREFRESH1635564121044&utm_campaign=rss_partner_inbound
Decentralized eSIMs Promise Anonymous Global Connectivity
Using decentralized eSIMs, travelers and digital nomads can easily access global mobile networks and the internet without needing to use traditional carriers or paying expensive roaming fees. Boundless, the latest entry in the growing decentralized physical infrastructure networks (DePIN) industry, will launch its app for internal testing later this week and is targeting mid-November for an official launch. The Boundless…
Elon Musk’s Tesla Just Moved $765 Million in Bitcoin to Unknown Wallets
Nearly all of Tesla’s Bitcoin is on the move after two years of inactivity. Wallets associated with Elon Musk’s electric car company, as labeled by Arkham Intelligence, moved approximately $765 million worth of Bitcoin—all but about $6 worth—to unknown wallets on Tuesday. The wallets appear to be new and are not known to be associated with crypto exchanges, so there’s…
MiCA Spurs Major Shift in Euro Stablecoin Market, Kaiko Analysis Shows
The European Markets in Crypto-Assets Regulation (MiCA) has made a noticeable impact on the euro stablecoin landscape, according to a fresh report by Kaiko. The research points out that MiCA’s rollout has triggered several delistings and adjustments to offerings on major exchanges. Study: Euro Stablecoin Market Transformed by MiCA Three months into MiCA’s enforcement, the […] Source: https://news.bitcoin.com/mica-spurs-major-shift-in-euro-stablecoin-market-kaiko-analysis-shows/
Tesla Makes a Surprise Bitcoin Move: $225M in BTC Transferred After 2 Years
Elon Musk’s Tesla has moved bitcoin (BTC) for the first time in two years, according to onchain data discovered by Arkham Intelligence. The transaction was carried out in three separate batches, transferring a total of around 3,385 BTC—equivalent to approximately $225 million—to three unique and unidentified P2PKH (Pay to Public Key Hash) bitcoin addresses. The […] Source: https://news.bitcoin.com/tesla-makes-a-surprise-bitcoin-move-225m-in-btc-transferred-after-2-years/
Ethereum price shows strength, but a 23% drop in DApps activity raises concern
Declining DApp activity and lackluster demand for the ETH ETFs could limit Ethereum’s recent price rally. Source: https://cointelegraph.com/news/ethereum-price-shows-strength-but-a-23-drop-in-dapps-activity-raises-concern?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound