Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
Bitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the impact of reduced block rewards.
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Steve Bannon: Crypto to Become Part of ‘Global Populist Revolt’
Stephen Bannon, co-founder of Breitbart News and former Chief Strategist for U.S. President Donald Trump’s administration, expressed his admiration for Bitcoin (BTC), seeing it as part of a "global populist revolt," in an interview with CNBC’s Squawk Box on Aug. 2.“Global populist revolt”Bannon argued that the leading digital currency Bitcoin could be a very important…

Blockchain Interoperability: The Big Picture
Simplicity is directly proportional to efficiency; when there are fewer things to break, we expect that on average, even fewer things will do so. Asymptotically, decentralized systems are the embodiment of simplicity; they tend toward sustaining complexity and (inter)connectivity to viable levels.In the context of blockchain platforms, it would then seem paradoxical to question the…

CFTC commissioner: agency doesn’t have enforcement resources without Congress
"We’re not necessarily looking for more authority without more resources," said Dan Berkovitz in regards to crypto markets. 126 Total views 19 Total shares Dan Berkovitz, one of three commissioners currently serving at the U.S. Commodity Futures Trading Commission, said while the agency is suited to futures contracts, swaps, and options trading, it would need…

Crypto Biz: Crypto fever hits wealth managers
This week’s Crypto Biz explores the launch of new crypto ETFs, CleanSpark’s acquisition of new mining sites, another round of conflict between Bitfarms and Riot, and more.

Luxembourg University Postdoc: Central Bank Digital Currencies Too Attractive to Ignore
The idea of issuing a central bank digital currency (CBDC) is too attractive to ignore, a postdoctoral researcher from the University of Luxembourg wrote in a study. The research was shared by the Oxford Business Law Blog on Friday, Feb. 22.Hossein Nabilou, a postdoctoral researcher at the Faculty of Law, Economics, and Finance of the…

Bitcoin core non-profit gets approved for tax exemption, perks for donors
501(3)(c) status boosts the project's legitimacy as well as its efficiency in using donations. 2366 Total views 11 Total shares A new non-profit aiming to fund Bitcoin development education and research has been approved for special tax status, conferring benefits on donors.Brink, which launched in the fall, has been approved as a 503(c)(3) organization according…

US-based crypto firms join forces for travel rule compliance
“We are focused on adding new members, so that TRUST can provide comprehensive compliance across the crypto industry,” said the joint announcement. 103 Total views 3 Total shares Many major crypto companies based in the United States have released a solution for the Financial Action Task Force's Travel Rule.In a Wednesday blog post, crypto services…

Binance Hires Former HSBC Banker and Fintech Veteran to Lead UK Growth
Major cryptocurrency exchange Binance has hired banking and fintech veteran Teana Baker-Taylor to lead its expansion in the United Kingdom and European market.Baker-Taylor has over 20 years of experience in HSBC, Citi, and the Royal Bank of Scotland, and was the executive director of U.K.-headquartered blockchain and digital assets industry body Global Digital Finance. In 2018…