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UK's digital pound would modernize payments but won't replace cash: Minister
7.2.2023
Finance minister Jeremy Hunt says the digital pound, or "Britcoin" would be issued and backed by the Bank of England, but won't negate the use of cash
Former Bitcoin Dev Gavin Andresen Revises 2016 Blog Post, Calls Trust in Craig Wright a ‘Mistake’
6.2.2023
During the first week of Feb. 2023, the United Kingdom Court of Appeal overturned a High Court decision from March 2022 in the case of Craig Wright’s Tulip Trading Limited (TTL) vs. 16 cryptocurrency developers. The case will proceed to trial as Wright, who claims to be Satoshi Nakamoto...
Bulgarian Businessman Loses Half a Million Dollars to Call Center Crypto Fraud
6.2.2023
A Bulgarian investor has lost a large amount of money to fraudsters who convinced him he was putting cash into cryptocurrency. The scam operated through a call center in what is becoming an established scheme for extracting money from victims lured with promises of quick profits on stock and crypto...
Bitcoin Cash jumps ahead of $135: Will BCH hit more profits?
3.2.2023
Bitcoin Cash (BCH) addresses scalability and transaction processing issues in the original Bitcoin network. Its block size limit is larger, allowing faster and cheaper transactions than Bitcoin. BCH has a different monetary policy with a slightly higher inflation rate and a gradual block reward...
First Mover Americas: Bankrupt With $1.4B Cash
1.2.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 1, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
Bankrupt Crypto Exchange FTX had Around $1.4B Cash at 2022-End
1.2.2023
The figure is around 19% higher than the $1.2 billion reported in November when FTX filed for bankruptcy
Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes
1.2.2023
After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed...
Bitcoin premium hits 60% in Nigeria as it limits ATM cash withdrawals
30.1.2023
The price of one Bitcoin (BTC) in Nigeria can cost upwards of $38,000
New York Considers Bill to Establish Cryptocurrency as a Form of Payment for State Agencies
28.1.2023
A bill has been introduced in the U.S. state of New York to allow state agencies to accept cryptocurrency payments, including bitcoin, ether, litecoin, and bitcoin cash. The legislation proposes allowing crypto to be used as “a means of payment of fines, civil penalties, rent, rates, taxes...
Where Are the Crypto OGs? — Taxation Is Theft, but Joe Biden Needs Ice Cream Money
26.1.2023
Bitcoin was once viewed as a means to opt out of violent, legacy financial systems. Now, it is being co-opted by the very same, and zealous newcomers to crypto think that’s a good thing, while still giving lip service to peer-to-peer values. Ignoring the problems with fiat money, they...
Bitcoin Billionaire Roger Ver Sued by Genesis For $21 Million Debt – Here’s What Happened
25.1.2023
The early Bitcoin (BTC) evangelist and now Bitcoin Cash (BCH) proponent Roger Ver has been sued by the now-bankrupt crypto lender Genesis after failing to meet a $21m margin call.
The court action taken by Genesis is related to a crypto options trade that expired late last year, and that Roger...
Vitalik Buterin divulges the 'largest remaining challenge' in Ethereum
23.1.2023
While the concept of stealth addresses appears complex in theory, Buterin previously described it as a “low-tech approach” compared to other Ethereum privacy solutions
US Government Seizes $700 Million in Assets From Disgraced FTX Co-Founder Sam Bankman-Fried
21.1.2023
Federal prosecutors have seized $697 million in assets, mostly comprised of more than 56 million Robinhood shares worth $526 million, from FTX co-founder Sam Bankman-Fried. Court filings detailed that the U.S. government seized a series of bank accounts belonging to Bankman-Fried, holding millions...
Going cashless: Norway's digital currency project raises privacy questions
21.1.2023
At this point, the test network for the Norwegian CBDC uses not the public Ethereum ecosystem, but a private version of the enterprise blockchain Hyperledger Besu
Ransom refusals hit attackers where it hurts: 40% revenue drop in 2022 — Chainalysis
20.1.2023
A number of industry pundits believe the U.S. Office of Foreign Assets Control’s threat to impose sanctions has victims thinking twice about paying up
FTX’s $5.5 Billion in Alleged ‘Liquid Assets’ Includes Locked SOL Cache and Illiquid FTT Holdings
19.1.2023
Two days ago, bankruptcy administrators and FTX debtors published an update for unsecured creditors claiming the discovery of $5.5 billion in liquid assets. Roughly $3.5 billion of these funds are cryptocurrency assets, with 11 different digital currencies classified as “liquid...
Raydium Exchange Exploiter Sends $2.7M to Tornado Cash
19.1.2023
The person that exploited Solana-based decentralized exchange Raydium has sent $2.7 million in ethereum to controversial coin mixing protocol Tornado Cash
Raydium exploiter moves $2.7M to crypto mixer Tornado Cash
19.1.2023
The hackers sent 1,774.5 Ether to the sanctioned cryptocurrency mixer weeks after the DeFi protocol exploit
FTX Discovers $5.5B in Liquid Assets — Debtors Explore Ways to Maximize Recovery via Potential Sale of Subsidiaries, Real Estate
18.1.2023
On Jan. 17, 2023, FTX Trading Ltd. and affiliated debtors updated the public and detailed that the firm’s current administrators have discovered $5.5 billion of liquid assets to date. Top-level executives, including the new FTX CEO and chief restructuring officer, John J. Ray III, met with...
Congress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses
17.1.2023
More than one in three of the 535 senators and representatives in the U.S. Congress showed up to the new session with FTX baggage, having received campaign support from former CEO Sam Bankman-Fried or one of the senior executives of the fraud-ridden crypto giant