In El Salvador, speculators took advantage of the fact that the Chivo wallet was displaying the price of bitcoin in a non-real time to cash in on arbitrage. Therefore, the price freeze function was disabled. According to a post on Chivo’s official Twitter account, wallet users will not be able to see the recommended price for trades made using the price freeze function. Thanks to this feature, the user can save the bitcoin price for…
In light of the US Securities and Exchange Commission (SEC) approval of the Bitcoin futures ETF, asset management firm Grayscale Investments is set to enter a new market. The CEO of Digital Currency Group, Grayscale’s parent company, Barry Silbert, said the company is considering transforming its Bitcoin Trust into an ETF for Bitcoin. When asked when the company plans to launch Bitcoin ETFs, Silbert evasively replied, “Stay tuned.” Investors in the Grayscale Bitcoin Trust, however,…
The first bitcoin mixers appeared at the dawn of the industry. Who uses them today and how do coin mixing services keep privacy? It is generally accepted that Bitcoin is distinguished from fiat money by anonymity and decentralization. But this is not entirely correct. All transaction data is stored and displayed in the blockchain ledger, which makes it possible to track the path of each coin to its final storage location. In addition, there are…
Cryptocurrency company Bakkt, which specializes in organizing Bitcoin futures trading, will list shares on the New York Stock Exchange on Monday. Bakkt Holdings announced in a press release that on Monday, October 18, it will list its shares on the New York Stock Exchange (NYSE). Thus, Bakkt will join the ranks of cryptocurrency companies whose securities are traded on traditional stock exchanges. Bakkt’s Class A shares and warrants will be listed on the New York…
In different countries, more and more employees want to receive a salary in cryptocurrency. Strike, a developer of solutions for the governments of El Salvador and Tonga, has added the ability to convert salaries to bitcoins to the wallet. Cryptocurrency company Strike announced the launch of the Pay Me in Bitcoin service in its wallet, which will allow users to directly convert their salary or part of it into bitcoins. The owner of the wallet…
International bank card operator Visa has announced a partnership with NFT’s creator, artist Mika Johnson, to launch a new social project to help NFT creators. According to the company’s press release, the collaboration aims to create a learning project that will help NFT creators better understand the non-fungible token industry and teach them how to use various public blockchain networks to develop and sell their digital works. Visa will provide a link between the creators…
Cryptocurrency exchange Coinbase has proposed a new regulatory regime for the digital asset industry under the oversight of a single agency. Coinbase released a document called “Digital Asset Policy Proposal” urging Congress to create a new agency to oversee the cryptocurrency industry. Coinbase executives have expressed dissatisfaction with the “patchwork” of regulators that control cryptocurrencies. These include the Securities and Exchange Commission (SEC) and the United States Commodity Futures Trading Commission (CFTC). Coinbase believes that…
Against the backdrop of the growth of bitcoin, many mining companies prefer to keep the mined BTC. CleanSpark decided to use them to increase capacity for another 4500 ASIC miners. CleanSpark CEO Zach Bradford explained that CleanSpark is making a conscious effort to reinvest the additional bitcoin mined. To do this, the company takes a market-based approach to operations and maximizes value for its shareholders. “We are well aware that using bitcoin now to sustain…
Intel’s decision differs from the policy of its competitor – the largest developer of GPUs Nvidia, which artificially limits the hashrate of its GPUs. The manufacturer of central processing units and other microchips Intel intends to supply new Arc video processors (GPUs) to the market from 2022. According to Roger Chandler, manager in charge of Intel client graphics products and solutions, Intel is not going to set limits on the mining of cryptocurrencies in the…
Binance Exchange announced the launch of a $ 1 billion fund to develop educational programs, develop new projects and increase the liquidity of DeFi services in the Binance Smart Chain ecosystem. The Binance blog states that the fund’s funds will be divided into four categories. The first category is aimed at developing talent, and a $ 100 million will be reserved for it. It includes training for newcomers taking their first steps in the world…
