TSX-Listed Voyager Digital ‘Temporarily’ Suspends Trading, Deposits, and Withdrawals – Bitcoin News

After the TSX-listed Voyager Digital revealed that it was owed $655 million from Three Arrows Capital (3AC), the company secured a $500 million credit line from Alameda Ventures in order to “safeguard customer assets.” Five days later on July 1, Voyager announced the crypto company was “temporarily suspending trading, deposits, withdrawals and loyalty rewards.” Another Crypto Firm Freezes Withdrawals, Voyager CEO Says ‘It Was a Tremendously Difficult Decision’ The embattled digital currency firm Voyager Digital (OTCMKTS: VYGVF) announced a temporary Read more …

West Virginia EPA Supreme Court Bitcoin

This is an opinion editorial by Colin Crossman, a corporate attorney and entrepreneur.  The Case On June 30, 2022, the Supreme Court of the United States issued an opinion in the case West Virginia et al. vs. Environmental Protection Agency et al.. This decision, which found that the EPA exceeded its authority, will have wide-ranging benefits for Bitcoin.1 At first glance, this appears to be a case related to the Clean Air Act, and the EPA’s ability to regulate carbon Read more …

Bitcoin Revolution Chaos Canada Day

Canadians owning bitcoin jumped to 13%, up from 5% in the last year according to the Bank of Canada. As we go to publication on Canada Day it appears that the Canadian government’s war on its people continues with a huge police presence on Parliament Hill, enforcing nonsensical rules like no shouting or flag waving. Tamara Lich, an organizer with the Truckers Freedom Convoy, was rearrested on June 27 for violating her parole conditions during a ceremony in Toronto put Read more …

Vladimir Putin Says West’s Attempt to ‘Crush the Russian Economy’ Did Not Succeed – Economics Bitcoin News

Last week the Russian ruble hit a seven-year high against the U.S. dollar and while analysts have downplayed the rise, one economist said people should not “ignore the exchange rate.” American economists have been perplexed about the ruble’s market performance and Russian officials have been quoted as saying that a strong ruble “makes Russian exports more expensive.” Furthermore, U.S. president Joe Biden continues to blame high gas prices on Vladimir Putin. Vladimir Putin Says the West’s Sanctions Obviously ‘Did Not Read more …

Troubled Crypto Hedge Fund 3AC Reprimanded by Singapore’s Monetary Authority, Liquidators Eye Su Zhu’s Properties – Bitcoin News

On Wednesday, it was reported that the crypto hedge fund Three Arrows Capital (3AC) was liquidated by a British Virgin Islands court and following the alleged liquidation, the Monetary Authority of Singapore (MAS) has reprimanded 3AC for misleading regulators. Furthermore, reports claim that liquidators in Singapore are attempting to seize the properties owned by 3AC co-founder Su Zhu and his wife. Monetary Authority of Singapore Accuses 3AC of Misleading Regulators and Exceeding AUM limits The troubled crypto hedge fund Three Read more …

Core Everscale Developers Broxus to Host Elysium Hackathon in Belgrade and Online – Press release Bitcoin News

press release PRESS RELEASE. Broxus, the core development team behind many of the platforms that make up the Everscale network ecosystem, will be hosting its first-ever hackathon in Belgrade, Serbia from July 14-17. The hackathon is the latest development in what has been a remarkable 2022 for the Everscale network. Everscale started off the year with its inaugural EVERPOINT Conference in Bali, Indonesia. The conference was a celebration marking the network’s second anniversary as well as its full-fledged expansion into Read more …

FTX Buys BlockFi But Passes On Acquiring Celsius

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. FTX Buys The Dip In a massive announcement, it was reported that FTX is closing a deal to buy BlockFi for a major discount below their previous estimated $5 billion valuation at peak. Although news initially mentioned the deal was for Read more …

SAND up 15% on Friday, as MATIC Rebounds From Near 10-Day Low – Market Updates Bitcoin News

SAND was up by over 15% on Friday, as crypto prices rebounded following sell-offs during Thursday’s trading session. SAND fell to a one-week low yesterday, with MATIC, another notable gainer, dropping to nearly a ten-day low on Thursday. Overall, crypto markets are up 1.30% as of writing. The Sandbox (SAND) SAND was one of the most notable movers during today’s trading session, as crypto prices rebounded on Friday. Following a low of $0.9644 on Thursday, SAND/USD rallied to an intraday Read more …

El Salvador Buys 80 More Bitcoin as BTC Fell Below $19K — President Insists ‘Bitcoin Is the Future’ – Featured Bitcoin News

El Salvador has doubled down on its bitcoin commitment despite a heavy sell-off in the crypto market. The country has bought 80 more bitcoins, according to Salvadoran President Nayib Bukele. El Salvador Bought the Bitcoin Dip The president of El Salvador, Nayib Bukele, announced Thursday that his country has bought 80 more bitcoins. At the time of writing, BTC is trading at $20,323. It fell to a low of $18,784 shortly before Bukele announced the purchase. The Salvadoran president said Read more …

BTC Rebounds on Friday, Following a Drop Below $19,000 – Market Updates Bitcoin News

Following a move below $19,000 on Thursday, BTC was able to rise above $20,000 during today’s trading session. ETH also was able to remain above $1,000, following an attempt by bears to push price under this level during yesterday’s session. Bitcoin Bitcoin was trading marginally higher on Friday, as markets rebounded following a bearish session on Thursday. Despite a heightened level of volatility, the world’s largest crypto token climbed to an intraday peak of $20,632.67 earlier today. This comes less Read more …

How To Use A Bitcoin Hardware Wallet

This is an opinion editorial by Josef Tětek, the Trezor brand ambassador for SatoshiLabs. Whether you’re just contemplating buying your first hardware Bitcoin wallet or have already had one for years, it’s always a good idea to refresh on the basics of these marvelous devices. Contrary to popular belief, a hardware wallet isn’t a “set it and forget it” tool that will take care of your bitcoin for you. Instead, a hardware wallet can help you with your ongoing bitcoin Read more …

51% of Survey Respondents Have Completed a Cryptocurrency Transaction in Latam – Bitcoin News

A new report issued by Mastercard, the payment processing giant, has found that most consumers in Latam have knowledge of what cryptocurrency is. The report states that more than half of the consumers in Latam have at least made a transaction involving cryptocurrency. Also, a third of the surveyed declared having used a stablecoin to make a payment. Mastercard Report Finds Latam Is Fertile Ground for Payment Digitization A report issued recently by Mastercard has revealed that Latam Read more …