Bitcoin price taps $64.7K as US CPI shows core inflation at 3-year low

Noted crypto advocate Patrick Byrne resigns as CEO of Overstock.Per a letter of resignation and company statement posted on Twitter Aug. 22, Patrick Byrne will be stepping down as CEO of Overstock.Having led crypto-friendly e-commerce at the company, including the launch of tZero, Overstock’s crypto token platform, and Overstock’s acceptance of Bitcoin payment, Byrne’s announcement follows…

Silvergate reportedly cited restrictions on disclosing “confidential supervisory information” related to the collapse of FTX in response to a similar December 2022 letter. 239 Total views 1 Total shares Own this piece of history Collect this article as an NFTSeveral United States senators have reportedly penned a letter requesting answers from Silvergate Capital — the…

"Neither of the current CBDCs in circulation, such as the Sand Dollar and the digital yuan, accrue interest on deposits," said Yang. 233 Total views 5 Total shares As reported by local news outlet bnext.com on Wednesday, Chin-long Yang, governor of the Central Bank of the Republic of China (Taiwan), recommended a no-interest design for…

XYO Network has onboarded more than 10 million nodes to its decentralized physical infrastructure network (DePIN), co-founder Markus Levin told Cointelegraph in an interview. The nodes mostly comprise human users who provide data in exchange for rewards via the network’s mobile application, COIN. “The vast majority of our 10 million nodes are mobile users, but

The program will be open to a limited number of participants initially but will expand at a later date.

Researchers behind the well-known Cambridge Bitcoin Electricity Consumption Index (CBECI) have officially revised its methodology to enhance the accuracy and reliability of the Index’s estimates for the first time since its inception in 2019.The CBECI was launched in July 2019 in an effort to provide reliable data-driven insights to questions about Bitcoin mining’s energy-intensive nature

Polish-British fintech firm Billon has reportedly sealed an almost €2 million (~$2.1 million) grant from European Commission’s Small and Medium-Sized Enterprises (SME) Instrument program to develop a blockchain document management system. The news was reported by Billion in a press release on May 14.The Commission’s SME Instrument program provides funding for innovation projects which are…

Charlie Shrem explains why he originally committed to crypto and how it has shaped his life. 426 Total views 8 Total shares Charlie Shrem has been involved in crypto longer than almost anyone. He likes to joke that he was one of the first ten people to ever hear about Bitcoin. He now hosts the…