Prosecutors only sought a five-year probation sentence for crypto schemer David Kagel because of his age and ailing health. Source: https://cointelegraph.com/news/86-year-old-pays-14-million-for-running-crypto-ponzi-scheme?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Month: October 2024
FTX says Caroline Ellison to give up ‘all of her assets’ in settlement
Former Alameda Research CEO Caroline Ellison agreed to settle a case with FTX, which would apparently see her turn over everything she has left. Source: https://cointelegraph.com/news/caroline-ellison-gives-up-all-assets-ftx-settlement?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Brazilian Crypto Giants Team up to Launch Real-Pegged Stablecoin
Bitso, Mercado Bitcoin, and Foxbit have joined forces to issue brl1, a stablecoin pegged to the value of the Brazilian real. The stablecoin will be issued on Ethereum and Polygon, with Cainvest providing liquidity for the BTC and ETH pairs listed on these exchanges and other markets to be developed in the future. Crypto Consortium […] Source: https://news.bitcoin.com/brazilian-crypto-giants-team-up-to-launch-real-pegged-stablecoin/
Coinbase Users Can Finally Send Bitcoin to Taproot Addresses
After years of missing out, Coinbase users can finally access a major upgrade: the ability to send Bitcoin to Taproot addresses. On Tuesday, Coinbase addressed this gap, allowing its millions of users to take advantage of Taproot’s privacy and cost-saving features, “creating access to more onchain destinations.” The update addresses long-standing frustrations for Coinbase users who, since Taproot’s launch in…
Crypto punters favor dollar-cost averaging when investing: Kraken survey
According to crypto exchange Kraken, almost 60% of the over 1,000 surveyed crypto investors use DCA as their main investment strategy. Source: https://cointelegraph.com/news/crypto-investors-like-dollar-cost-averaging-kraken-survey?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Who is Peter Todd, the man HBO named as Satoshi Nakamoto
Peter Todd was an early figure in Bitcoin, claiming he took an interest in it at 15 years old and is a core contributor to the blockchain today. Source: https://cointelegraph.com/news/peter-todd-who-is-the-man-hbo-named-satoshi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
China Strengthens Russia Partnership via BRICS and SCO Cooperation
China has reaffirmed its commitment to closer relations with Russia through major international platforms like BRICS and the Shanghai Cooperation Organization (SCO). At an event celebrating 75 years of diplomatic relations, State Councilor Shen Yiqin emphasized China’s readiness to bolster international cooperation and multilateral partnerships, especially within the Global South. China Reaffirms Strategic Commitment to […] Source: https://news.bitcoin.com/china-strengthens-russia-partnership-via-brics-and-sco-cooperation/
Boerse Stuttgart Unveils Insured Ethereum Staking on Bison Platform
European exchange group Boerse Stuttgart has announced a major step into Ethereum staking, offering users a secure, insured way to earn passive income through its Bison trading platform. By partnering with top German firms, Bison enables staking for as little as 0.005 ETH with weekly rewards. The service, currently only in Germany, promises annual returns […] Source: https://news.bitcoin.com/boerse-stuttgart-unveils-insured-ethereum-staking-on-bison-platform/
HBO Documentary Suggests Peter Todd as the Real Face Behind Bitcoin
On Tuesday, Oct. 8, 2024, HBO premiered its highly anticipated documentary “Money Electric,” offering a deep dive into the origins of Bitcoin. Directed by Cullen Hoback, renowned for his work on the Qanon series “Q: Into the Storm,” the film brought together a range of voices from the cryptocurrency space, including developers, early adopters, and […] Source: https://news.bitcoin.com/hbo-documentary-suggests-peter-todd-as-the-real-face-behind-bitcoin/
Generative AI Will Force 80% of Tech Engineers to ‘Upskill’—Or Risk Falling Behind
Rapid advancements in Generative AI are set to dramatically alter the software engineering landscape, with Gartner forecasting that 80% of engineers globally will need to “upskill” during the next three years to remain relevant. Its report, released last week, says what most developers have figured out by now: Generative AI tools are revolutionizing software development, with modest productivity gains in…