SEC Rejects Valkyrie, Kryptoin Bitcoin Trusts
The U.S. Securities and Exchange Commission vetoed two proposals to offer bitcoin exchange-traded funds, dealing a blow to market participants who had hoped the agency would green light the effort after approving futures-backed bitcoin funds in Octob.....»»
El Salvador reveals plans to build Bitcoin city
El Salvador president Nayib Bukele unveiled plans to build the "Bitcoin City" along the Gulf of Fonseca, between La Unión and Conchagua. Speaking at a promotional Bitcoin event in the coastal town of Mizata late on Saturday, Bukele said it would inc.....»»
El Salvador Plans "Bitcoin City" Powered by a Volcano, Financed by Bitcoin Bonds
"In a rock concert-like atmosphere, El Salvador President Nayib Bukele announced that his government will build an oceanside 'Bitcoin City' at the base of a volcano..." reports the Associated Press. "A bond offering would happen in 2022 entirely in.....»»
El Salvador plans first "Bitcoin City", backed by bitcoin bonds
El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds, President Nayib Bukele said on Saturday, doubling down on his bet to harness the crypto currency to fuel investment in the Central American country.....»»
Texas Plans To Become the Bitcoin Capital, Vulnerable Power Grid and All
An anonymous reader quotes a report from Bloomberg: Texas, already home to the most vulnerable power grid in the U.S., is about to be hit by a surge in demand for electricity that's twice the size of Austin's. An army of cryptocurrency miners heading.....»»
Bitcoin just had a major security and privacy update
Bitcoin's Taproot upgrade will make it easier to use the cryptocurrency's blockchain to create smart contracts......»»
Raptoreum crypto"s love of large L3 caches could lead to an AMD CPU shortage
Bitcoin Press reports that Raptoreum (RTM), which launched earlier this year following three years in testnet, could potentially worsen shortages of AMD CPUs with massive L3 caches, such as Ryzen, Threadripper, and Epyc processors......»»
Bitcoin"s Taproot Upgrade Should Occur On Saturday
Bitcoin's long-awaited Taproot update will occur in the coming days, with most sources suggesting Saturday as its activation date. Crypto Briefing reports: Taproot is an upgrade that will improve Bitcoin's capacity for scripting, bringing it in line.....»»
Miami Will Start Giving Some of Its Residents Free Bitcoin: Mayor Suarez
Miami Mayor Francis Suarez has again raised the stakes as to which city in the U.S. will become the country's crypto hub. From a report: Suarez announced today on CoinDesk TV that the city would be staking (i.e. locking up cryptocurrencies to earn yi.....»»
What is Bitcoin"s fundamental value? That"s a good question
As it hits new highs, there is no shortage of bold predictions about Bitcoin reaching US$100,000 or more......»»
Bezos-Backed Real Estate App To Accept Bitcoin as Payment
La Haus, a Latin American property tech startup backed by Bezos Expeditions, said it will accept Bitcoin for real estate transactions, adding to the region's growing adoption of the cryptocurrency as a means of payment. From a report: The company, wh.....»»
New York"s Incoming Mayor Says Crypto Should Be Taught In Schools
New York City mayor-elect Eric Adams thinks that schools should add cryptocurrency and blockchain technology to the curriculum. CNBC reports: In an interview with CNN's "State of the Union," Eric Adams said that bitcoin is the "new way of paying for.....»»
Judge rejects Apple’s arguments for delaying ordered iOS App Store changes
Apple can still appeal the ruling before it goes into effect Dec. 9. Enlarge (credit: Getty Images | NurPhoto ) In September, US District Judge Yvonne Gonzalez Rogers ruled that Apple must allow iOS developers to direct users.....»»
A Bitcoin Mine In Navajo Nation Flares Tensions
An anonymous reader quotes a report from Motherboard: Just outside of Shiprock, New Mexico, on land belonging to the Navajo Nation, a Bitcoin mine owned and operated by a Canadian investment company consumes seven megawatts of power each month -- eno.....»»
Apple has no immediate plans to accept crypto as payment, Tim Cook says
Tim Cook is a cryptocurrency owner. But don't call him a bitcoin bull......»»
No, Kroger won"t accept Bitcoin Cash. Fake cryptocurrency press release dupes people again.
It happened again.A fake press release fooled cryptocurrency evangelists, investors, and media outlets into believing the grocer would be accepting crypto as a form of payment at its stores.On Friday morning, headlines started popping up claiming tha.....»»
Kroger Gets Hit by Fake Crypto News
Kroger said a press release announcing plans to begin accepting Bitcoin Cash was fraudulent, marking the latest apparent scam tying a major retailer to cryptocurrency. From a report: The statement appeared early Friday on PRNewswire, a service used b.....»»
New York City"s incoming mayor wants his first three paychecks paid in Bitcoin
Adams announced his love of crypto on Twitter in response to Miami mayor Francis Suarez claiming he would take his next paycheck in BTC. "In New York we always go big, so I'm going to take my first THREE paychecks in bitcoin when I become mayor," Ada.....»»
Incoming New York Mayor Eric Adams Vows To Take First Three Paychecks In Bitcoin
In a follow-up to yesterday's story about New York City mayor-elect Eric Adams' dreams of putting the Big Apple on the blockchain, CNBC reports that Adams plans to take his first three paychecks in bitcoin. From the report: "NYC is going to be the ce.....»»
Bitcoin Back Over $60K As El Salvador Buys 420 BTC
Bitcoin is up 4% in the last 24 hours after El Salvadorian President Nayib Bukele announced that his government had purchased an additional 420 BTC, which is equivalent to around $25 million. The country now holds an estimated 1,120 bitcoin. CoinDesk.....»»
German authorities and reporters claim to identify core REvil member
According to reports from German news organizations Bayerischer Rundfunk and Die Zeit, the two spent months following the digital trail of Bitcoin and email addresses to establish a connection between ransomware payments and someone they refer to as.....»»