US recession fears multiplied this week as BlackRock’s Larry Fink warned of a “global” downturn over oil prices, with Bitcoin still tied to stocks. Read More at https://cointelegraph.com/news/us-recession-odds-near-50-can-bitcoin-copy-2020-comeback-gains?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
CoinShares says up to 20% of Bitcoin miners are unprofitable
CoinShares says up to 20% of Bitcoin miners may be unprofitable at current hashprice levels, particularly those running older machines or paying higher power costs. Read More at https://cointelegraph.com/news/bitcoin-mining-squeeze-narrows-field-of-viable-operators-coinshares?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Fenbushi co-founder offers bounty to recover $42M lost in 2022 hack
Investigators have frozen about $1.2 million as efforts continue to trace funds lost in a wallet breach linked to a seed phrase compromise. Read More at https://cointelegraph.com/news/fenbushi-co-founder-offers-bounty-to-recover-42m-lost-in-2022-hack?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
UK pushes ahead with temporary ban on political crypto donations
The government plans to implement the ban by amending the Representation of the People Bill, with changes taking “retrospective effect” from March 25. Read More at https://cointelegraph.com/news/uk-forges-ahead-political-crypto-donations-ban?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Coinbase opposes latest crypto bill stablecoin compromise: Report
Coinbase is reportedly still pushing back against stablecoin yield provisions in the Senate’s crypto market structure bill, which has derailed past efforts to advance the legislation. Read More at https://cointelegraph.com/news/coinbase-opposes-latest-crypto-bill-stablecoin-compromise-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Proposed bill seeks to ban US president, Congress from prediction markets
The bill adds to a wave of recent legislative and state-level actions targeting prediction markets as scrutiny over sports betting, war contracts and alleged insider trading builds. Read More at https://cointelegraph.com/news/lawmakers-introduce-bill-banning-congress-president-from-prediction-markets?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin’s quantum-resistance lag may become Ethereum’s bull case: Nic Carter
Crypto entrepreneur Nic Carter claims that Bitcoin developers still have their “head in the sand” when it comes to making Bitcoin quantum-resistant, compared to Ethereum. Read More at https://cointelegraph.com/news/bitcoin-quantum-rigidity-becomes-ethereum-s-biggest-bull-case-nic-carter?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Swan Bitcoin seeks to subpoena Cantor Fitzgerald, ex-CEO in ex-staff dispute
Swan Bitcoin claims that Howard Lutnick likely knew about its failed Tether mining venture, after which employees allegedly stole documents, resigned and launched a rival firm. Read More at https://cointelegraph.com/news/swan-bitcoin-subpoena-howard-lutnick-cantor-fitzgerald-tether-mining-dispute?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Australia’s central bank backs tokenization as pilot finds $16.7B upside
Tokenized finance and related infrastructure upgrades will be “revolutionary,” said Reserve Bank of Australia Assistant Governor Brad Jones. Read More at https://cointelegraph.com/news/australian-central-bank-backs-rwa-tokenisation-explores-digital-finance-sandbox?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin Depot picks ex-MoneyGram boss as CEO as state actions mount
Former MoneyGram veteran Alex Holmes is now leading Bitcoin Depot, as crypto ATM operators face mounting legal scrutiny in multiple US states. Read More at https://cointelegraph.com/news/bitcoin-depot-ex-moneygram-boss-as-ceo-state-actions-mount?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound