As some of the cryptocurrency industry’s go-to banks failed, Bitcoin’s importance was on display while its on and off ramps suffered. This is an opinion editorial by Karen Shidlo, a blockchain-focused content creator. The recent news of Silvergate Capital, Silicon Valley Bank (SVB) and Signature Bank shutting down has sentContinue Reading
21% of the proceeds of the sale of Satoshi will be donated to the non-profit BWB organization. SHAmory, a Bitcoin company that produces educational materials, an educational Bitcoin company that produces STEM-authenticated books and games, has announced a new special edition African themed plush toy named “Satoshi.” 21% of theContinue Reading
A multisig wallet is a special type of wallet for securely storing your Bitcoin. 3-5 signatures are typically required to access the stored Bitcoin. What is a MultiSig wallet? A multisig wallet is a wallet that provides users with extra security because it requires multiple unique signatures (hence multi-signature) toContinue Reading
When bitcoin becomes the global reserve currency, central banks won’t go extinct, but they will have to evolve. This is an opinion editorial by Jonathan Garner, a Bitcoin, finance and economics blogger at The Capital. Legacy reserve currencies. Source. If bitcoin were to really become a global reserve currency, that wouldContinue Reading
The U.S. Securities and Exchange Commission (SEC) has sent Coinbase a “Wells notice” about potential violations of securities law. The Nasdaq-listed cryptocurrency exchange noted that, unlike what SEC Chairman Gary Gensler said, the securities regulator “will not let crypto companies ‘come in and register.’” Coinbase CEO Brian Armstrong explained: “AContinue Reading
As part of the talks that Russian president Vladimir Putin and Chinese president Xi Jinping are currently conducting in Russia, Russia has vowed to move to use the Chinese yuan as a settlement currency with countries in Asia, Africa, and Latam. Putin expressed that using national currencies for international tradingContinue Reading
The U.S. Securities and Exchange Commission (SEC) has taken action against Justin Sun, the founder of Tron, and the Tron Foundation, issuing charges for offering unregistered securities and market manipulation. Additionally, a group of influencers have been charged by the organization for promoting tron without disclosing that they were beingContinue Reading
The total value locked (TVL) in decentralized finance (defi) has risen above the $50 billion mark after falling below the range throughout most of March. At present, the value locked in defi is approximately $50.34 billion, up 1.97% over the past 24 hours. Defi Value Swells Close to 2% HigherContinue Reading
Following the fallout over the past two weeks in the U.S. banking industry, the Federal Reserve raised the federal funds rate by 25 basis points (bps) on Wednesday, citing the need for the inflation rate to return to 2% over the long run. Fed Raises Rate Despite Calamity in theContinue Reading
According to the U.S. Federal Reserve, the central bank’s Fednow payment service will start operating in July, and participants will be certified in April to leverage the Fednow Pilot Program. Ken Montgomery, the Fednow program executive, is urging American financial institutions to make preparations to join the central bank’s newContinue Reading
