Square merchants can now convert up to 10% of sales to Bitcoin via Cash App
Block gets 1% of every conversion.
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Bitcoin is the best treasury reserve asset humanity’s ever had
At the time of writing this article, around 3.6% of Bitcoin (BTC) is locked up in long-term holdings by institutional investors. According to the data, 13 entities have amassed close to 600,000 BTC — about 2.85% of all Bitcoins and worth approximately $6.9 billion.The list includes MicroStrategy at the top, with close to 38,250 BTC…

Binance Academy Launches Blockchain Accelerator in China
Binance Academy, the educational arm of leading crypto exchange Binance, announced the establishment of a blockchain research institute in Shanghai on March 30.The Lingang Blockchain Technology and Industry Research Institute is intended to operate as a think-tank and talent hub for distributed ledger technology (DLT) innovation in China.Binance to integrate blockchain with other innovative technologiesTo…

ECB president reiterates calls for ‘MiCA II’ in response to FTX collapse
In June, Christine Lagarde said a potential MiCA II framework “should regulate the activities of crypto-asset staking and lending, which are definitely increasing.” 660 Total views 25 Total shares Christine Lagarde, president of the European Central Bank, or ECB, has once again called regulation and supervision of crypto an “absolute necessity” for the EU in…

Civic Wallet Now Offers $1M ‘FDIC-Like Insurance’ for Crypto
Civic Wallet is a multi-signature non-custodial wallet that now comes with a $1,000,000 guarantee from Coincover.Civic Technologies (CVC) has been known in the crypto space as one of the leading providers of decentralized identity and is now purportedly the first company to offer a non-custodial wallet with $1,000,000 protection. The wallet is currently in private…

US gov’t cites Caroline Ellison’s ‘extraordinary cooperation’ before sentencing
Lawyers representing the former Alameda Research CEO have requested time served and supervised release — an outcome that appeared more likely after a filing by US Attorneys.

Top Ripple Dev Publishes Method to Increase Privacy Using ‘Blinded Tags’
Nik Bougalis, a cryptographer, software engineer and lead of the C++ team at Ripple, has published a proposed method for enhancing the privacy of transactions on the XRP ledger.In his Github post on March 30, Bougalis focused on the destination tags that are assigned to transactions made between wallets provided by exchanges or third-party providers…

CryptoCompare Launches Exchange Benchmark in Response to Concerns Over False Volume Reporting
London-based crypto data provider CryptoCompare has launched an Exchange Benchmark product that ranks over 100 crypto spot exchanges worldwide. The news was revealed in a press release shared with Cointelegraph on June 12.According to CryptoCompare, the new product has been launched in response to growing industry concern sparked by research indicating that a significant number…

Come one, come all! Meta to bring NFT minting and trading to Instagram
An “end-to-end toolkit” for creators to make, show, and sell “digital collectibles” is coming to the social media platform Instagram. Social media platform Instagram is set to introduce a number of nonfungible token (NFT)-related tools that will allow creators to mint, show and sel NFTs.Instagram parent company Meta said on Nov. 2 during its Creator…