Sweden’s financial and environmental regulators have called on the European Union to pull the plug on proof-of-work bitcoin mining due to the negative impact on the environment, according to multiple reports. Erik Thedéen, director general of the Financial Services Authority of Sweden, and Bjorn Risinger,...
U.S. digital payment company Square has debuted plans for a decentralized bitcoin exchange, tbDEX, according to an 18-page white paper by the company. The paper says tbDEX is a protocol “for discovering liquidity and exchanging assets (such as bitcoin, fiat money, or real-world goods) when...
El Salvador is delving further into bitcoin and plans to issue sovereign bitcoin bonds, Bloomberg reported. The country, which has already made bitcoin a legal tender, will issue $1 billion in tokenized U.S.-dollar denominated 10-year bonds to pay 6.5% through the Liquid Network, according to...
An unnamed Canadian minor has been charged in a $36 million digital heist that authorities said is the largest-ever bitcoin theft from a lone victim, the San Jose Mercury News reported Thursday (Nov. 18). The investigation was run by the U.S. FBI and Secret Service...
Cash App is moving forward to integrate support for the Taproot Bitcoin upgrade by Dec. 1, an enhancement that enables Taproot to offer developers an expanded toolbox to work with as they continue to build on Bitcoin, Bitcoinmagazine and others reported on Thursday (Nov. 18)....
Australia baseball team the Perth Heat on Tuesday (Nov. 16) partnered with Bitcoin payments company OpenNode in a move to allow the club to accept Bitcoin payments and send Bitcoin payouts to players and staff through the Lightning Network. In addition to paying players and...
The Securities and Exchange Commission (SEC) has asked asset manager Valkyrie Investments not to go forward with plans for a leveraged bitcoin exchange-traded fund (ETF), The Wall Street Journal (WSJ) reported. Valkyrie Investments, which was looking to roll out a fund that would “amplify the...
Bitcoin fell around 87 percent last week on Binance’s U.S. exchange, a Bloomberg report says. The price went to around $8,200, when previously it had sat at $65,000. Binance was the sole venue where this happened – on that venue, the level also snapped back...
In a push to increase its user base in the U.S., digital bank Revolut is introducing fee-free cryptocurrency trading for up to $200,000 worth of trades per month, the FinTech announced Tuesday (Oct. 19). Revolut is also offering its 300,000 U.S. customers no-fee ATM use...
