Month: October 2024

Michael Saylor, the founder of Microstrategy, recently downplayed concerns about bitcoin confiscations, calling them a “myth.” He referenced Executive Order 6102, which compelled U.S. citizens to surrender their gold, to support his stance. However, historical evidence paints a different picture, especially regarding voluntary compliance. The gold confiscations of 1933 highlight why self-custody of bitcoin, rather […] Source: https://news.bitcoin.com/self-custody-vs-custodial-bitcoin-a-lesson-from-fdr-forbidding-the-hoarding-of-gold/

Ledn, a crypto lending platform, has announced $1.67 billion in loans processed year-to-date (YTD) as of Q3 2024, marking a milestone since its inception in 2018. This total includes $258.7 million in retail loans and $1.41 billion in institutional loans, with Q3 alone accounting for over $506 million in digital asset loans. The retail sector […] Source: https://news.bitcoin.com/ledns-lending-leap-record-1-67-billion-in-loans-signals-institutional-confidence-in-digital-assets/

Ripple boss Brad Garlinghouse is confident that the U.S. Securities and Exchange Commission (SEC) will approve an exchange-traded fund (ETF) for the cryptocurrency his firm’s founders helped create, even if his fintech company has been at loggerheads with the regulator for years.  Fund manager Bitwise filed for an XRP ETF at the beginning of the month. The fund, if approved,…

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Vice President Kamala Harris’ odds of winning the White House on crypto prediction market platform Polymarket rose Wednesday as a newly registered user backed her with millions of dollars. Since October 4, the once neck-and-neck Polymarket odds have increasingly tilted toward Republican Donald Trump, ascribing the former president a 66% chance of victory as of Tuesday. However, Trump’s Democratic opponent…

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AI-powered chatbot platform Character AI is introducing “stringent” new safety features following a lawsuit filed by the mother of a teen user who died by suicide in February. The measures will include “improved detection, response and intervention related to user inputs that violate our Terms or Community Guidelines,” as well as a time-spent notification, a company spokesperson told Decrypt, noting…

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Uniswap Labs has rolled out permissionless bridging, giving users the ability to transfer assets across nine blockchain networks directly through the Uniswap interface and wallet. This new feature aims to streamline cross-chain transfers, removing the need for third-party bridges. Uniswap Introduces Permissionless Bridging for Multi-Network Asset Transfers Uniswap users now have the option to bridge […] Source: https://news.bitcoin.com/say-goodbye-to-external-bridges-uniswaps-newest-feature-is-here/