Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet

Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. Dollar. Srinivasan paid a total of $1.5 Million, more than the initially

Binance Converts $1 Billion BUSD Into Bitcoin, BNB, and Ethereum

Exahash, Binance CEO Changpeng Zhao, also known as CZ, announced that the company had decided to convert $1 billion worth of BUSD from the Industry Recovery Initiative fund into three different cryptocurrencies. Zhao noted that significant onchain movements would be

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 Im März 12, 2023, bei 7:20 Uhr. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

„Fiat ist zerbrechlich“ – Der Zusammenbruch der Silicon Valley Bank löst Schuldzuweisungen und Bedenken hinsichtlich einer Ansteckung aus

Silicon Valley Bank (SVB) ist in den Mittelpunkt der Aufmerksamkeit gerückt, nachdem sein Zusammenbruch die USA dazu veranlasste,. Federal Deposit Insurance Corporation (FDIC) die Bank am Freitag zu schließen. Es war das größte US-Unternehmen. Bankpleite seitdem 2008, und verschiedene angebliche Katalysatoren…

Citizens Trust Bank zum Halten $65 Millionen an USDC-Reserven, da Circle Bankpartnerschaften ausbaut

Am Freitag, Das Kryptowährungsunternehmen und Stablecoin-Emittent Circle gab bekannt, dass es das Finanzinstitut Citizens Trust Bank halten wird $65 Millionen US-Dollar-Münzbarreserven. Circle sagte, der Schritt sei Teil des Plans des Unternehmens, Aktien davon zuzuteilen…

UNHCR Launches Blockchain Payment Solution to Support Ukrainians Displaced by War

The United Nations High Commissioner for Refugees (UNHCR) recently said it has launched a blockchain payment solution for digital cash distribution to internally displaced persons (Vertriebene) in Ukraine. According to the agency, the use of the blockchain-based cash distribution system ensures

Don’t Forget the Importance of Censorship Resistance

Since people are once again talking about self-custody as one of cryptos unique strengths, I would like to remind everyone about an equally important fundamental value proposition of crypto that, in the early days, was touted as the killer feature. ich’m

US Seizes Cryptocurrency Worth $30 Million From North Korean Hackers

Blockchain data analytics firm Chainalysis has revealed that U.S. authorities have seized cryptocurrency worth $30 million from North Korean hackers. “This marks the first time ever that cryptocurrency stolen by a North Korean hacking group has been seized, und wir’re confident

Die argentinische Provinz Mendoza beginnt, Steuerzahlungen in Krypto zu akzeptieren

Mendoza, eine argentinische Provinz, hat ein System implementiert, das es Steuerzahlern ermöglicht, ihre Steuern vollständig mit Kryptowährungen zu bezahlen. Das System, die diese Woche gestartet wurde, is part of a strategic push for the modernization and digitalization of payments carried by the