Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commencement of the second phase of central bank digital currency experiments. Role of CBDC in People’s Lives The governor of the BOJ, Haruhiko Kuroda, recently disclosed the central bank’s stance on issuing a digital currency has not changed — it will not issue a central Read more …
Ethereum was trading above the $3,400 level for a third consecutive session, however bullish momentum has somewhat eased, as market uncertainty has gradually risen. With prices trading near resistance levels, bulls have pulled back, giving way to bears looking at re-entering the market. Bitcoin Bulls in BTC have also pulled back, as prices continue to hover close to recent resistance levels, with some fearing price reversals. Following a high above $48,100 earlier in the week, BTC/USD traded at an intraday Read more …
NB65, a hacking group affiliated with the Anonymous collective, has allegedly breached the servers of the Russian government-controlled television and radio broadcasting company. According to social media reports, the hackers are preparing to release hundreds of gigabytes of appropriated data. Russia’s Radio and TV Broadcaster Targeted by Anonymous The All-Russia State Television and Radio Broadcasting Company (VGTRK) has been reportedly hacked by NB65, a group linked to Anonymous, the international hacktivist collective which declared cyberwar on Russia in response to Read more …
Kraken has integrated Bitcoin’s Lightning Network. Customers can now deposit and withdraw up to 0.1 BTC with instant and cheap Lightning payments. Kraken is running an LND Lightning node. Cryptocurrency exchange Kraken now supports Bitcoin’s Lightning Network for inexpensive and instant customer deposits and withdrawals of BTC, the company said in a statement sent to Bitcoin Magazine. “Adoption is going to come from people who have fiat in their bank account, and they need to get it into Bitcoin,” Pierre Read more …
press release PRESS RELEASE. Singapore, Singapore / Mar 31, 2022 / – APENFT Marketplace Testnet goes live on March 31, marking a historic moment in the evolution of the TRON NFT ecosystem. APENFT holds unique insights into the development of the NFT markets with a long-term commitment to collecting and managing artworks and crypto collectibles. Building a pragmatic and inclusive NFT platform that engages with the larger community has always been an integral part of APENFT’s roadmap. The launch of Read more …
CleanSpark is adding 200 megawatts of renewable power to its bitcoin mining operations in West Texas over the next year through an agreement signed with energy technology company Lancium as the miner seeks to increase its current hashrate capacity five-fold. The bitcoin mining company said in a statement sent to Bitcoin Magazine that it expects the first 50 MW of the purchased capacity to be operational by the end of 2022, while the remaining 150 MW should be up and Read more …
All Bitcoin transactions are public, anyone can look at them. There is nothing special required to view every Bitcoin transaction that has ever occured — they are all publicly available on the blockchain. You don’t need a node, just a simple block explorer website will do, such as Mempool.space, KYCP.org or Blockstream Explorer. You can assume that your adversaries are watching. What isn’t stored on the blockchain are your personally-identifying details such as your name, address, phone number, etc. That Read more …
The U.K. financial regulator, the Financial Conduct Authority (FCA), has extended its April 1 registration deadline for a number of crypto firms to meet its regulatory requirements. The British regulator has registered 33 crypto firms so far and 12 firms are holding temporary registration. FCA Extends Deadline for Crypto Firms The U.K.’s Financial Conduct Authority (FCA) updated information on the Temporary Registration Regime (TRR) on its website Wednesday, ahead of the April 1 registration deadline for crypto firms. The Temporary Read more …
A major cryptocurrency exchange in the UAE, Bitoasis, has obtained provisional approval from Dubai’s new cryptocurrency regulator. Binance and FTX have also been green-lighted by the regulator. Bitoasis Pursuing License From Dubai’s New Crypto Regulator Bitoasis, a major crypto exchange founded and headquartered in Dubai, announced Wednesday that it has received “provisional approval” from Dubai’s new crypto regulator, the Virtual Assets Regulatory Authority (VARA). Dubai adopted its first law to regulate the crypto sector earlier this month and established the Read more …
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A climate of change,” Delgado explained that the continued and extended use of cryptocurrencies might bring different kinds of risks to the 12% of the population currently holding crypto. Deputy Governor of Bank of Spain Examines Crypto Risks The deputy governor of the Bank of Spain, Read more …
On March 30, Gumi Cryptos Capital (GCC), announced the blockchain-focused venture capital firm’s second fund that will invest $110 million in early-stage blockchain startups. The second fund follows GCC’s initial $21 million fund that backed seed stage founders. Gumi Cryptos Capital Reveals Fund II — Firm Will Invest $110 Million Into early-Stage Blockchain Startups The blockchain-focused venture capital firm Gumi Cryptos Capital (GCC) has announced the launch of a $100 million fund that will be focused on blockchain concepts like Read more …
sponsored PRESS RELEASE. Yield App, one of the rising and most trusted digital wealth platforms, recently underwent a thorough ‘proof of reserves’ audit. The inspection was conducted by Armanino LLC, the firm responsible for auditing Kraken – one of the largest and most trusted cryptocurrency exchanges in the world. Yield App passed the audit with flying colors, bolstering its stance on safety and accountability of the assets deployed by customers into portfolios available on its platform. What is ‘proof of Read more …