America should learn from the optimism of HODLing
History is littered with failed predictions about the future of technology. Have we learned anything along the way?
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Legislative Assembly of El Salvador approves $150M Bitcoin Trust
El Salvador's government has set aside $23.3 million toward rolling out crypto ATMs and $30 million to incentivize use of the state-backed "Chivo" wallet. 1173 Total views 39 Total shares El Salvador’s Legislative Assembly has passed legislation creating a $150 million dollar Bitcoin Trust and supporting the development of crypto infrastructure and services across the…

Tether Launches Gold-Backed Stablecoin and Begins Trading on Bitfinex
Tether is now supporting a gold-backed stablecoin, Tether Gold (XAU₮), according to a Jan. 23 press release. One token represents ownership of one troy fine ounce of physical gold, currently worth approximately $1,550.The new product is available as an ERC-20 token on the Ethereum blockchain, as well as a TRC20 token on Tron (TRX).The funds…

Fed balance sheet adds $393B in two weeks — Will this send Bitcoin price to $40K?
As of March 22, the Fed's balance sheet surged by nearly $94.5 billion — a $297 billion increase from the last week when the banking crisis started. New QE hopes boost Bitcoin priceOverall, the U.S. central bank's liabilities increased by $393 billion in the last two weeks to $8.734 trillion. That is closer to the all-time high of…

French regulator sees DeFi as ‘disintermediated,’ not ‘decentralized’
The Autorité de Contrôle Prudentiel et de Résolution concluded its consultation on the regulation of DeFi. 223 Total views 5 Total shares On Oct. 12, the Autorité de Contrôle Prudentiel et de Résolution (ACPR), part of the French Central Bank, published a summary of its public consultation on a regulatory framework for decentralized finance (DeFi).The

Grayscale’s Litecoin-Based Asset Sees Wild Premium Swings
Prices are volatile for Grayscale's LTCN stock asset. Grayscale's LTCN asset, boasting publicly quoted over-the-counter shares, currently trades far above the price of Litecoin (LTC) — its underlying asset.At press time, Litecoin trades at $60.62, while LTCN shares trade at $54.01. The two prices seem close, although each share of LTCN equals just 0.094 LTC, according to…

FCoin Working to Resume Operations, Promises to Return Lost Funds
The FCoin exchange has officially announced that it will relaunch operations. A committee was formed after the exchange announced insolvency, promising to eventually return users’ funds.The exchange’s existing team will resume the operation of the FCoin and FMex websites, handing them over to an “interim committee” led by community representatives. The announcement was made on…

SEC, FBI, DOJ coordinate takedown of 4 fraudulent crypto firms
A complex set of overlapping companies, individuals and alleged crimes have been tackled by US federal authorities.

OpenAI’s ‘iPhone moment’ trumps Google, AI lies, porn and dating: AI Eye
OpenAI’s voice assistant demolishes Google’s, plus why do AI’s lie… and should they date each other? GPT-porn and AI detectors: AI Eye.