Wally Adeyemo, the Deputy Secretary of the U.S. Department of the Treasury, said the department would likely be enforcing more sanctions on companies involved in illicit transactions related to ransomware payments.Speaking at an online event hosted by the Center for a New American Security with former Treasury Secretary Jack Lew and Ambassador Paula Dobriansky, Adeyemo said the U.S. government would…
Watch This Episode On YouTube Listen To This Episode: In this episode of “The Bitcoin Magazine Podcast,” host Christian Keroles sat down with Edward Weniger and Benjamin Maenner from AlphaBTC and BitcoinDay.io to talk about everything they are doing to bring Bitcoin to smaller communities across the United States. BitcoinDay is a traveling Bitcoin conference that was recently held in…
Society is headed towards a new form of digital ownership with an economy and greater metaverse based on the blockchain. The concept of “the metaverse” is typically depicted as actual and augmented reality-based in a virtual world. Most recognize this concept since it is present in several fictional movies of dystopian futures like Ready, Player, One, Minority Report and Avatar.…
Privacy-focused blockchain file storage service Internxt has a lofty vision: leverage decentralized technology to break Big Tech’s monopoly over user data. Its first product, Internxt Drive, aims to compete as an alternative to Google Drive and Dropbox — without compromising personal privacy and data ownership. In an exclusive interview with Cointelegraph, Internxt CEO Fran Villalba Segarra described the core technology behind…
After reaching an all-time high this week, the price of Bitcoin is down 5.5% in the last 24 hours. But traders on Binance US watched this morning as the price of the asset plunged quite a bit further: 87%. The American affiliate of the leading international cryptocurrency exchange now says the flash crash was caused by an error in a…
In brief AMC CEO Adam Aron said the firm is looking into launching its own cryptocurrency. The movie theater chain accepts Dogecoin payments for gift cards, and will accept additional crypto payments by years end. AMCs stock price has soared this year on the back of the meme stock phenomenon, along with an increased focus on what its vocal social…
A Senate committee in Australia has made a number of proposals to address the lack of proper regulations for the cryptocurrency space. The lawmakers believe the country needs new rules for its fintech and digital asset industries to be able to compete with jurisdictions that are already attracting some of its own crypto firms. Senate Committee Calls for Accommodating Crypto…
Two or three weeks ago, when Bitcoin (BTC) was trading below $52,000, a trader betting on $65,000 by Oct. 22 would have been considered extremely optimistic. The fact that 98% of the put (sell) options for Bitcoin’s weekly options expiry this Friday have been placed below that price proves that this is true.Fast forward to this week, and the successful…
Changelly welcomes the VIDT token, which from now on will be available on the platform. Users can quickly and easily exchange VIDT tokens at floating rates. VIDT Datalink is a hybrid blockchain validation and NFT creation platform, which is already in use by numerous integrators. VIDT aims to secure authenticity through data integrity, thereby providing the fundamental checks needed for…
Inflation concerns are driving Bitcoin’s record run, JPMorgan strategists said. Gold is failing to perform as an inflation hedge, prompting investors to rotate into BTC. “We believe the perception of Bitcoin as a better inflation hedge than gold is the main reason for the current upswing,” the strategists said. Concerns that inflation will keep rising and not be transitory is…
