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Agustin Carstens: Bitcoin "May Well Break Down Altogether"
Agustin Carstens: Bitcoin "May Well Break Down Altogether"

Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday. In his talk

News  •  Politics  •  Jan 26, 2021
OKCoin Adds Lightning Network Support
OKCoin Adds Lightning Network Support

OKCoin announced on Friday that it will be integrating the Lightning Network to "create the best trading experience for [its] customers." The Lightning Network is Bitcoin's leading scaling solution that allows Bitcoin users to send transactions near-instantly and at negligible cost. The feature is not live

News  •  Bitcoin  •  Jan 22, 2021
Don't Believe the Hype: Bitcoin Was Not Compromised By a Double Spend
Don't Believe the Hype: Bitcoin Was Not Compromised By a Double Spend

Bitcoin nears the end of a tumultuous week as it recovers from a sudden dive below $30,000 after an inaccurate interpretation of a routine event snowballed into claims that the entire Bitcoin blockchain had been compromised. A Storm in a Teacup The focus was on a chain reorganization, or

News  •  Bitcoin  •  Jan 21, 2021
Dozens of Sites Host Bitcoin White Paper Following Craig Wright Legal Threats
Dozens of Sites Host Bitcoin White Paper Following Craig Wright Legal Threats

The Bitcoin white paper can now be read and downloaded at various new destinations, as dozens of companies and individuals have made the the document available on their websites in the last 24 hours. In what resembles an act of defiance, bitcoiners responded to a statement issued by Bitcoin.org

News  •  Bitcoin  •  Jan 21, 2021
BlackRock Funds "May Engage" in Bitcoin Futures, SEC Filing Suggests
BlackRock Funds "May Engage" in Bitcoin Futures, SEC Filing Suggests

BlackRock may plan to get involved in Bitcoin, two filings made by the firm with the Security and Exchange Commission (SEC) suggest. The world's leading asset manager, counting $7.43 trillion in assets under management at the end of 2019, filed two Statements of Additional Information (SAI) on

News  •  Business  •  Jan 19, 2021
Agustin Carstens: Bitcoin "May Well Break Down Altogether"
Agustin Carstens: Bitcoin "May Well Break Down Altogether"

Bitcoin is highly speculative, "hugely energy-intensive," lacks "value backing," and "may well break down altogether"—this is how Bank for International Settlements General Manager Agustin Carstens summarized his opinion on Bitcoin at a policy seminar by The Hoover Institute on Wednesday. In his talk

News  •  Politics  •  Jan 26, 2021
Featured Articles 4 Articles
Business View All
B HODL Increases Holdings to 165.487 Bitcoin Following Latest Purchase
B HODL Increases Holdings to 165.487 Bitcoin Following Latest Purchase

B HODL added one Bitcoin, raising total holdings to 165.487 Bitcoin as part of its ongoing treasury accumulation strategy.

Metaplanet Increases Holdings to 40,177 Bitcoin Following Latest Purchase
Metaplanet Increases Holdings to 40,177 Bitcoin Following Latest Purchase

Metaplanet added 5,075 Bitcoin, bringing holdings to 40,177 Bitcoin, now the third-largest corporate Bitcoin treasury.

Blockstream Researcher Introduces SHRIMPS as New Step Toward Quantum-Resistant Bitcoin
Blockstream Researcher Introduces SHRIMPS as New Step Toward Quantum-Resistant Bitcoin

Jonas Nick introduced SHRIMPS, a multi-device post-quantum signature scheme with ~2.5 KB signatures for Bitcoin security.

Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy
Capital B Converts Bonds and Secures €2.8 Million To Expand Treasury Strategy

Capital B converted bonds and raised €2.8 million with backing from Adam Back to expand its Bitcoin treasury.

Politics View All
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining

SEC says Bitcoin mining does not meet the definition of a security and classifies Bitcoin as a digital commodity.

Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets
Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets

Kazakhstan’s central bank plans to allocate up to $350 million from its reserves to Bitcoin and digital asset–related investments.

Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

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