DailyDose

DailyDose, 3 days ago to random

"El Salvador currently holds 5,750 BTC worth $354 million, accumulated over three years.

El Salvador has mined a total of 474 Bitcoin worth $29 million using volcanic geothermal energy since 2021.

The Bitcoin was mined with power from the country’s Tecapa volcano, using 300 mining processors. The country has allocated 1.5 megawatts (MW) to cryptocurrency mining out of the 102 MW produced by the state-owned power plant, according to Reuters..."

Read more: https://cointelegraph.com/news/el-salvador-mines-bitcoin-volcanic-energy

DailyDose, 5 days ago to random

"El Salvador was the first country to adopt Bitcoin as legal tender in 2021 and now holds over 5,700 BTC.

El Salvador has launched its own proof-of-reserves website, featuring various tools for monitoring the country’s Bitcoin holdings using on-chain data.

El Salvador’s online Bitcoin treasury provides real-time data on the nation’s Bitcoin reserves. The Central American nation officially holds 5,748 BTC, which is currently worth approximately..."

Read more: https://cointelegraph.com/news/el-salvador-bitcoin-treasury-website

DailyDose, 6 days ago to random

"She also warned that generative artificial intelligence was like the “kid that got an ‘F’ in math.”

Jenny Johnson, the president and CEO of Franklin Templeton, a financial firm with $1.6 trillion in assets under management, recently reiterated her pro-blockchain stance during an interview with Bloomberg anchor David Westland during the 27th Annual Milken Institute Global Conference in California..."

Read more: https://cointelegraph.com/news/franklin-templeton-ceo-etfs-mutual-funds-blockchain

DailyDose, 10 days ago to random

"The House of Representatives has voted to overturn controversial SEC guidance that has virtually blocked banks from custodying crypto assets.

The United States House of Representatives has voted to pass a bill that overturns controversial Securities and Exchange Commission guidance preventing banks from owning crypto.

President Joe Biden, however, warned earlier in the day that he would veto the new bill if it were to make it to his desk..."

Read more: https://cointelegraph.com/news/house-votes-nullify-sec-guidance-sab121-crypto-custody

DailyDose, 12 days ago to random

"While Changpeng 'CZ' Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license.

A United States judge has sentenced former Binance CEO Changpeng 'CZ' Zhao to four months in prison for violating U.S. money laundering laws.

Prosecutors had recommended that the former Binance CEO serve three years for failing to maintain an effective Anti-Money Laundering program while at..."

Read more: https://cointelegraph.com/news/binance-ceo-cz-sentenced-money-laundering-law-decoded

DailyDose, 25 days ago to random

"Even after Binance announced its departure from Canada in May 2023, local authorities have continued to investigate the exchange.

Cryptocurrency exchange Binance has been slapped with a new class-action lawsuit in Canada, with plaintiffs alleging that the firm has violated local securities laws.

Ontario’s Superior Court of Justice published a certification motion on April 19 for a class-action lawsuit against Binance alleging that it sold crypto..."

Read more: https://cointelegraph.com/news/binance-sued-canada-securities-law

DailyDose, 1 month ago to random

"Wikipedia censored data for U.S. elections and the Covid pandemic in 2020, former Wikimedia CEO Katherine Maher admitted in a viral video.

The cryptocurrency community has been reminded again to be skeptical about mainstream media amid the ongoing scandal involving NPR CEO Katherine Maher.

The resignation of NPR senior business editor Uri Berliner has triggered shock waves in the media industry. Politicians, activists and editors have blasted..."

Read more: https://cointelegraph.com/news/wikipedia-censor-data-us-elections-covid

DailyDose, 1 month ago to random

"The newly discovered Telegram vulnerability can be avoided by disabling the automatic downloading of media files on Telegram Desktop.

A major vulnerability on Telegram messenger is exposing users to malicious attacks, according to a new report released by the blockchain security firm CertiK.

CertiK Alert took to the social media platform X on April 9 to warn the public against a 'high-risk vulnerability in the wild,' potentially allowing hackers to..."

Read more: https://cointelegraph.com/news/telegram-high-risk-vulnerability-certik

DailyDose, 1 month ago to random

"Voting for and against the proposal was evenly matched but recently tipped in favor of the ‘yay,' despite continued criticism of the plan on social media. Voting ends April 10.

A controversial proposal to change SushiSwap’s treasury structure by the team behind the decentralized exchange looks like it may go through, despite vocal opposition to the proposal on social media.

The SushiSwap team made a controversial governance proposal on March 26..."

Read more: https://cointelegraph.com/news/sushi-swap-team-treasury-takeover-looks-likely-amid-heated-debate

DailyDose, 1 month ago to random

"BlackRock’s new additions include ABN AMRO, Citadel Securities, Citigroup Global Markets, Goldman Sachs and UBS Securities.

Global asset manager BlackRock updated its Bitcoin exchange-traded fund (ETF) prospectus on April 5, adding five big Wall Street firms as new authorized participants.

New members include ABN AMRO Clearing, Citadel Securities, Citigroup Global Markets, Goldman Sachs and UBS Securities, according to the document amending BlackRock’s..."

Read more: https://cointelegraph.com/news/blackrock-updates-btc-etf-adds-5-wall-street-firms

DailyDose, 1 month ago to random

"USDe is already backed by Ether, Ether-based liquid staking tokens and Tether, but Ethena says Bitcoin will provide more 'safe' and 'robust' product for USDe token holders.

Ethena Labs, the team behind the USDe, has added Bitcoin (BTC) as collateral to its synthetic dollar-pegged product with the hopes of scaling 'significantly' from its current $2 billion supply.

With Bitcoin open interest increasing from $10 billion to $25 million over the past year..."

Read more: https://cointelegraph.com/news/ethena-labs-adds-bitcoin-as-collateral-usde-stablecoin

DailyDose, 1 month ago to random

"Binance ex-boss CZ will be sentenced in April and the ring of FTX executivies that admitted to fraud are also set to soon be sentenced.

The cryptocurrency 'trial of the century' wrapped up a week ago with the 25-year sentencing of FTX co-founder Sam Bankman-Fried, but there’s plenty of crypto action still to come throug the United States courts.

At the end of this month, Binance co-founder Changpeng “CZ” Zhao will know what jail time, if any, he’ll serve.."

Read more: https://cointelegraph.com/news/next-crypto-court-cases-after-sam-bankman-fried

DailyDose, 1 month ago to random

"Ripple expects the stablecoin market to surpass $2 trillion by 2028 and aims to compete with Circle’s USDC and Tether USDT.

XRP issuer Ripple has announced plans to launch a United States dollar-backed stablecoin and hopes to compete with Circle and Tether for a slice of the market share over the next five years.

Cointelegraph spoke to Ripple chief technology officer David Schwartz ahead of the announcement, which outlines plans for the stablecoin that..."

Read more: https://cointelegraph.com/news/ripple-announces-stablecoin-launch

DailyDose, 1 month ago to random

"Many expect the commission to reach a final decision on spot Ether ETFs in May with approval or denial of a filing from VanEck.

The United States Securities and Exchange Commission (SEC) is soliciting comments from the public on proposed rule changes allowing the listing and trading of shares of three spot Ether exchange-traded funds, or ETFs, on exchanges.

In separate notices filed on April 2, the SEC said the public had 21 days to respond upon..."

Read more: https://cointelegraph.com/news/sec-fidelity-grayscale-bitwise-ether-etf

DailyDose, 1 month ago to random

"In 2017 the initial coin offering boom launched a tidal wave of activity for the crypto industry. Despite being plagued by scams and fraud, the ICO boom was also responsible for some of the most important crypto projects in the industry today.

In this article, we will venture through one of the most transformative periods of crypto history, known as the initial coin offering (ICO) boom..."

Read more: https://cointelegraph.com/news/ethereum-ico-boom-history-crypto

DailyDose, 1 month ago to random

"OpenAI will no longer require ChatGPT-3.5 users to create accounts to gain access to the tool.

Artificial intelligence (AI) giant OpenAI has eliminated the requirement for users to create an account in order to access its widely used generative AI tool, ChatGPT3.5.

OpenAI announced on April 1 that it would no longer require ChatGPT users to sign up to make it 'easier to experience the potential of AI.' However, users without accounts will not be able..."

Read more: https://cointelegraph.com/news/chat-gpt-3-5-account-sign-up-human-ai-interaction

DailyDose, 1 month ago to random

"The statement to the media may be one of the last the former FTX CEO made before going to a federal prison, which was suggested to be in the San Francisco Bay Area.

Former FTX CEO Sam 'SBF' Bankman-Fried has reportedly responded to questioning from news outlets following being sentenced to 25 years in federal prison.

According to an April 1 report from ABC News, Bankman-Fried responded via email to questions from the Metropolitan Detention Center..."

Read more: https://cointelegraph.com/news/sam-bankman-fried-post-sentencing-statement

DailyDose, 1 month ago to random

"The judge endorsed a 'worldwide freezing order' by the Crypto Open Patent Alliance to address its total court expenses amounting to 6.7 million British pounds ($8.4 million).

A United Kingdom court has approved the freezing of 6.7 million British pounds ($8.4 million) of Craig Wright’s assets to prevent him from evading court expenses.

The decision was made after Wright transferred some of his assets outside of the U.K. after a court verdict debunked his.."

Read more: https://cointelegraph.com/news/u-k-court-freezes-6m-of-craig-wright-s-assets-amid-bitcoin-creator-claim

DailyDose, 1 month ago to random

"While some applaud the move toward mainstream adoption, privacy-centric Bitcoin supporters have raised concerns about centralized data aggregation.

Google has expanded its features to allow users to search wallet balances across multiple blockchains, such as Bitcoin, Arbitrum, Avalanche, Optimism, Polygon and Fantom. When entering the wallet address, search results display the token balance by network along with the last updated time..."

Read more: https://cointelegraph.com/news/google-inclusion-bitcoin-wallet-balances-privacy-debate

DailyDose, 1 month ago to random

"Judge Lewis Kaplan found that the former FTX CEO also committed witness tampering and perjury based on his testimony at trial over user funds.

Former FTX CEO Sam 'SBF' Bankman-Fried will serve 25 years in prison following a sentencing hearing in federal court.

On March 28, Judge Lewis Kaplan of United States District Court for the Southern District of New York sentenced Bankman-Fried to 240 months and 60 months for a total of 25 years for his conviction..."

Read more: https://cointelegraph.com/news/sam-bankman-fried-sentenced-years-prison-hold

DailyDose, 1 month ago to random

"More than 500 days after FTX filed for bankruptcy, the world will soon learn whether former CEO Sam Bankman-Fried remains in prison for decades or receives a lenient sentence.

On March 28, former FTX CEO Sam 'SBF' Bankman-Fried will face a judge and learn whether his time in federal prison is ending or just beginning following his conviction on seven felony charges.

Judge Lewis Kaplan will hear from prosecutors and SBF’s attorneys in..."

Read more: https://cointelegraph.com/news/sam-bankman-fried-sentencing-hearing

DailyDose, 1 month ago to random

"Nigerian authorities are investigating how the detained executive fled despite not holding any travel documents.

A Binance executive detained by the Nigerian authorities has reportedly escaped detention using a fake passport, according to reports in a local publication citing sources familiar with the matter.

The news comes as other reports claim the Nigerian government has launched criminal proceedings against the exchange for tax evasion..."

Read more: https://cointelegraph.com/news/binance-executive-escapes-detention-nigeria

DailyDose, 1 month ago to random

"BlackRock’s spot Bitcoin ETF could soon surpass the Grayscale Bitcoin Trust (GBTC) in Bitcoin held within 14 trading days, based on current rates.

The amount of Bitcoin in BlackRock’s spot Bitcoin ETF could overtake crypto asset manager Grayscale’s GBTC within the next three weeks, assuming no drastic changes in current flows.

As of March 22, BlackRock’s Bitcoin ETF held 238,500 Bitcoin (BTC) on its books..."

Read more: https://cointelegraph.com/news/blackrock-flip-grayscale-bitcoin-holdings-three-weeks

DailyDose, 1 month ago to random

"A new 'unpatchable' vulnerability in Apple’s M-series of chips was discovered, potentially allowing hackers access to extract secret keys and encrypted data from Macs.

New findings from academics revealed a severe vulnerability in Apple’s M-series chips, which could potentially enable malevolent actors the ability to access confidential encryption keys from MacBook devices.

The report — published on March 21 by a group of researchers from multiple..."

Read more: https://cointelegraph.com/news/unpatchable-flaw-apple-chip-access-encrypted-data

DailyDose, 1 month ago to random

"In 2008, at the height of the global financial crisis, an anonymous figure named Satoshi Nakamoto proposed Bitcoin, a groundbreaking electronic cash system.

Welcome to the History of Crypto, a Cointelegraph series that brings readers back in time to the most significant events in the crypto space. Powered by Phemex, the timeline allows crypto community members to explore and look back at the important events that shaped the industry into what it is today..."

Read more: https://cointelegraph.com/news/satoshi-nakamoto-bitcoin-emergence-financial-crisis