Monthly Archives: August 2021

Can Bitcoin Usher In An Era Of World Peace?

How Bitcoin’s proof-of-work consensus mechanism is a peaceful alternative to the predominant consensus mechanism: warring militaries. The below article was originally published in Marty’s Bent Issue #1053: “Mutually Assured Preservation.“ Via LinkedIn Via LinkedIn Here’s a rare and elusive LinkedIn post that is actually interesting and thought provoking. It comes from Jason Lowrey, a member of the US Space Force, and it lays out Jason’s thesis that Bitcoin could be a means by which humanity can usher in a worldwide peacetime. The nature of the Bitcoin protocol using […]

More info

Creating Sound Finance For The World Through Bitcoin

Mauricio Di Bortolomeo, the Venezuelan founder of Ledn, believes Bitcoin can be the basis for world access to finance. Watch This Episode On YouTube Listen To This Episode: BitcoinTV Apple Spotify Google Libsyn Overcast The majority of the planet does not have access to basic financial services. Our current systems are permissioned, gated, antiquated and corrupt. Finance has been the number one limiting factor for the majority of the world’s people. People are unable to save, they are unable to invest and they are unable to grow. […]

More info

Switzerland’s Leonteq Offers Crypto Assets to Investors in Germany and Austria

Swiss fintech firm Leonteq has introduced its digital asset products in two neighboring jurisdictions, Germany and Austria. The company is launching its crypto offering with the help of a Frankfurt-based bank and in response to interest from institutional and private investors. Leonteq Provides German and Austrian Investors With Exposure to Major Cryptocurrencies Leonteq is presenting an extensive range of products to investors in Germany and Austria after a successful expansion in its home market, Switzerland. It offers exposure to a total of 18 crypto assets, including bitcoin […]

More info

Stronger crypto regulations in US won’t necessarily help prevent fraud, says Okcoin CCO

Megan Monroe said an “incubator” approach might be one possible solution to the current “patchwork of financial regulations” in the United States. Though Okcoin chief compliance officer Megan Monroe said that there are still certain grey areas over cryptocurrencies in the United States, further regulation may not be the best solution. In a statement to Cointelegraph, Monroe said current U.S. regulations are sufficient to police cryptocurrency exchanges, token issuers and custody wallet providers, but “jurisdictional boundaries of these federal financial regulators are neither clear nor collaborative.” Rather, […]

More info

Top Derivatives Exchange Bitget Releases Its Latest Operation Data

Currently, derivatives exchange Bitget has released its global market penetration plan on Twitter, and at the same time, they published their latest globalization data. Data shows that up to now, Bitget’s global registered users have exceeded 1.6 million, and the user base has extended to 48 countries and regions around the world. Among them, Korean users account for a relatively large number of more than 28%, and the proportion of English-speaking areas has increased significantly, exceeding 21%. This means that Bitget’s globalization strategy has achieved significant results, […]

More info

Analysts say Bitcoin price “needed a breather” before chasing new highs

Bitcoin price trades below $45,000 and analysts say the “almost uninterrupted run-up of the last two weeks” meant BTC was overdue for a slight correction. The high-flying optimism generated earlier this week when Bitcoin and altcoin prices rose was tempered on Aug. 12 as BTC dropped below $43,000. This led some analysts to warn that the price action seen over the past week was nothing more than a dead cat bounce.  Data from Cointelegraph Markets Pro and TradingView shows that an early morning wave of selling pushed […]

More info

Poly Network hacker returns nearly all funds, refuses $500K white hat bounty

“The poly did offered a bounty, but I have never responded to them. Instead, I will send all of their money back,” said the hacker. The hacker behind a $610 million attack on the cross-chain decentralized finance (DeFi) protocol Poly Network has returned almost all of the stolen funds amid the project saying their actions constituted “white hat behavior.” According to a Thursday update on the attack from Poly Network, all of the $610 million in funds taken in an exploit that used “a vulnerability between contract […]

More info

Australian crypto users will have access to tax reporting services through Crypto.com

Crypto holders in the United States, Canada and now Australia can generate tax reports using the exchange. Cryptocurrency exchange Crypto.com has launched a free tax reporting service for users based in Australia.  In an announcement today, Crypto.com said it had tailored its existing tax services for United States- and Canada-based crypto users to allow Australians to accurately report cryptocurrencies on their taxes. The exchange said it worked with professional tax advisers to ensure that the service was consistent with laws for filing cryptocurrency taxes in the country. […]

More info

Central Bank of Argentina President Hints at Possible Regulation of Bitcoin in Payment Systems

Miguel Pesce, president of the Central Bank of Argentina, hinted at some kind of regulation coming for bitcoin transactions soon. Yesterday, In a digital financial conference, Pesce also stressed that the bank was working to find effective ways of warning novice investors about the dangers of putting their savings behind cryptocurrencies like bitcoin. Central Bank of Argentina Hints at Regulating Bitcoin Transactions Miguel Pesce, the current president of the Central Bank of Argentina, hinted at a possible regulation for bitcoin and bitcoin transactions in a digital financial […]

More info

Family Goes All In On Bitcoin At $900, Has Keys Stored Around The World

Didi Taihuttu Spoke About His Family’s Geographically Distributed Bitcoin In Cold Storage. The Famous “Bitcoin Family” Sold Their House, And Liquidated Their Assets In 2017 To Buy More Bitcoin. Didi Taihuttu, his wife and kids spoke about their geographically distributed bitcoin in cold storage today in an interview with CNBC. The famous “Bitcoin Family” sold their house, and liquidated their assets in 2017 to buy more Bitcoin to live off of. The Dutch family’s cold storage hardware wallets are stored around the world in secret vaults. Didi […]

More info
1 2 3 6