Breez and 1A1z have unveiled a groundbreaking new report titled “Bitcoin Payments: From Digital Gold to Everyday Currency,” exploring the transformative power of bitcoin payments on the way people move money. The report examines how bitcoin, long considered “digital gold,” is returning to an everyday medium of exchange, unlocking new ways to move money across
A former high-tech corporate lawyer has advocated for sector-specific regulations for decentralized finance that leverage the technology’s strengths while addressing its weaknesses. The Importance of Collaboration Ran Hammer, a blockchain and crypto-focused lawyer, is advocating for sector-specific laws for decentralized finance (defi) that consider the strengths and weaknesses of the underlying technology. According to Hammer,
The new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. He remarked that individuals use these tools for cross-border payments to maintain an “opaque vision for taxation or money laundering.” Central Bank of Brazil States Stablecoin Volumes Linked to Tax Evasion and Money
What’s happening: Analog, a chain-agnostic blockchain protocol, will list its native utility token, $ANLOG, on KuCoin, Bitget, MEXC, and Gate.io simultaneously. Trading begins February 10, 2025, at 6:00 p.m. (UTC+8) with a $ANLOG/$USDT pair. What’s the significance? $ANLOG powers Timechain, Analog’s Layer-0 network leveraging a proprietary Proof-of-Time (PoT) consensus mechanism, aimed at solving blockchain fragmentation.
Bitcoin’s computational difficulty leaped by 5.61% at block height 883,008, catapulting its measure to a historic peak of 114.17 trillion, as per the latest network analytics. Miners Brace for Heightened Challenge as Difficulty Spikes Following the successful mining of block 883,008, the twisting demands of Bitcoin block validation have intensified by 5.61%, with the system’s
According to a report by MIT Technology Review, another major criticism is how Worldcoin recruits participants, particularly in developing countries where financial incentives are more appealing. Worldcoin, the controversial eyeball-scanning crypto project, officially launched in 2023 with its identity verification technology and native cryptocurrency, $WLD. The project, backed by OpenAI CEO Sam Altman, aims to
Florida is moving to integrate bitcoin into its financial strategy, with a new bill proposing the state invest public funds in cryptocurrency as a hedge against inflation. Florida Explores Bitcoin Adoption for State Reserves Florida State Senator Joe Gruters filed a bill on Friday that would allow the state’s chief financial officer to invest public
Binance crypto exchange lists $TST token, even though Binance co-founder clarified that the token was not backed by Binance or any Binance official. Introduction: Test ($TST) is a new meme token in the crypto space that grabbed popularity among Chinese crypto investors. This token was randomly created by a BNB chain community member to test
Swedish fintech innovator Klarna is exploring cryptocurrency integration within its platform, signaling a strategic pivot amid preparations for a prospective U.S. IPO. $15B IPO and the Possibility of Crypto In a Feb. 8 announcement via X, CEO Sebastian Siemiatkowski affirmed Klarna’s willingness to embrace crypto while explicitly excluding digital assets from its signature “buy-now-pay-later” (BNPL)
US Sovereign Wealth Fund could stockpile Bitcoin, Satoshi’s $108 Billion bitcoin vault, Ripple rides ETF surge and regulatory shifts, and more in this Week in Review. Week in Review David Sacks, known as Trump’s “Crypto Czar,” has suggested that the U.S. sovereign wealth fund could potentially hold Bitcoin. Arkham Intelligence’s latest findings reveal a massive