NFC Bitcoin Card Launches In El Salvador – Bitcoin Magazine
[ad_1] CoinCorner is launching its services in El Salvador. The company aims to fill in a user experience gap in the country that last year became the first to declare BTC a legal tender. CoinCorner will also partner with IBEX, a Bitcoin and Lightning payments gateway provider, to add support for its NFC-enabled Bolt Card. […]
Why Celsius Exposed Users And What You Can Do – Bitcoin Magazine
[ad_1] This week, Celsius Network published a large document containing all the account balances of its customers. The move is part of the company’s ongoing restructuring process following its Chapter 11 bankruptcy filing from earlier this year. The document reflects user balances as of July 13, 2022, when the company’s restructuring began, and customer transactions […]
Taro Launches Stablecoins On Bitcoin – Bitcoin Magazine
[ad_1] Lightning Labs on Wednesday released the first version of the Taro open-souce software to enable minting, sending and receiving assets on the Bitcoin blockchain. Taro daemon’s alpha release enables developers to issue tokens on testnet, an alternative Bitcoin blockchain made specifically for public testing. It allows developers to test applications with testnet coins instead […]
Guatemala Town Mining Bitcoin With Used Oil – Bitcoin Magazine
[ad_1] A circular bitcoin economy in Guatemala is using resources that would otherwise be wasted to fuel a local bitcoin mining operation, giving its resident financial autonomy and demonstrating a viable economic path outside of the government-controlled economy. Patrick Melder, MD, founder of the circular economy coined “Bitcoin Lake,” told Bitcoin Magazine that its “Kaboom” […]
Fed Hikes 75 Bps Again To Curb Inflation – Bitcoin Magazine
[ad_1] The Federal Open Markets Committee (FOMC) raised U.S. interest rates by 75 basis points on Wednesday, the third hike in a row of such a size as it wrestles with stubborn inflation levels. The market was pricing 82% probability of a 0.75% increase in rates ahead of the release of Fed’s statement at 2 […]
Colorado Now Accepts Bitcoin Payments For Taxes – Bitcoin Magazine
[ad_1] Colorado has become the first U.S. state to accept bitcoin for tax payments. Gov. Jared Polis announced the implementation of the new payment method on Monday, at Denver Startup Week, according to a report by Axios Denver. Citizens can use cryptocurrency to pay individual income tax, business income tax, sales and use tax, withholding […]
MicroStrategy Buys $6 Million In Bitcoin – Bitcoin Magazine
[ad_1] MicroStrategy has acquired a fresh batch of bitcoin despite the ongoing market rout. The software company led by Bitcoin bull Michael Saylor added 301 BTC to its holdings in a purchase that cost about $6 million, according to a U.S. Securities and Exchange Commission (SEC) filing. The buy is the latest in a series […]
Russia To Legalize Use Of Crypto In International Trade – Bitcoin Magazine
[ad_1] Russia is close to pushing legislation for the use of cryptocurrency in international trade. In current conditions “it is impossible to do without cross-border settlements in cryptocurrency,” the Bank of Russia and Ministry of Finance have reportedly agreed. The necessary regulatory framework will still need to be introduced. The Bank of Russia and the […]
Rare Signal Says Now Best Time To Buy Bitcoin – Bitcoin Magazine
[ad_1] Hash ribbons, an indicator with a proven track record of spotting opportunistic entry points for bitcoin, has flashed a buy signal suggesting now is a prime period to purchase the peer-to-peer currency. Knowing when is the best time to make an investment is the desire of many but the accomplishment of few. Indeed, investment […]
Is Bitcoin Next After Tornado Cash? – Bitcoin Magazine
[ad_1] Despite being an automated, decentralized version of a typical cryptocurrency mixer, Tornado Cash was sanctioned by the U.S. government last week as the Treasury Department’s Office of Foreign Assets Control (OFAC) added Ethereum addresses associated with the tool to its specially designated nationals and blocked persons (SDN) list. Much has been written about the […]