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European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions
News  •  Bitcoin  •  Jun 30, 2022 by CJ

Ernest Urtasun, a member of the E.U. Parliament, took to Twitter on Wednesday to provide a glimpse of upcoming regulations looking to “put an end to the wild west of unregulated crypto.” The legislation introduces a large number of requirements for both registered entities as well as “unhosted wallets”

First Spot Bitcoin ETF in Europe to Launch in July
First Spot Bitcoin ETF in Europe to Launch in July
News  •  Bitcoin  •  Jun 30, 2022 by Marek F.

As per the recent press release, Jacobi Asset Management will be launching the first Bitcoin spot ETF in Europe by July, although the exact date is unknown as of now. The ETF received regulatory approval in October 2021 by Guernsey Financial Services Commission (GFSC). It will have an annual management

New Samsung Chip Will Help Mine Bitcoin More Efficiently
New Samsung Chip Will Help Mine Bitcoin More Efficiently

Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster. According to the report,

News  •  Bitcoin  •  Jul 01, 2022
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New Samsung Chip Will Help Mine Bitcoin More Efficiently
New Samsung Chip Will Help Mine Bitcoin More Efficiently

Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster. According to the report,

News  •  Bitcoin  •  Jul 01, 2022
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions

Ernest Urtasun, a member of the E.U. Parliament, took to Twitter on Wednesday to provide a glimpse of upcoming regulations looking to “put an end to the wild west of unregulated crypto.” The legislation introduces a large number of requirements for both registered entities as well as “unhosted wallets”

News  •  Bitcoin  •  Jun 30, 2022
First Spot Bitcoin ETF in Europe to Launch in July
First Spot Bitcoin ETF in Europe to Launch in July

As per the recent press release, Jacobi Asset Management will be launching the first Bitcoin spot ETF in Europe by July, although the exact date is unknown as of now. The ETF received regulatory approval in October 2021 by Guernsey Financial Services Commission (GFSC). It will have an annual management

News  •  Bitcoin  •  Jun 30, 2022
21Shares Announces a Low Fee Bitcoin ETP
21Shares Announces a Low Fee Bitcoin ETP

21Shares is the world's largest issuer of cryptocurrency exchange traded products (ETPs), and its newest offering, the Crypto Winter Suite, is a robust toolkit for navigating the bear market. The Crypto Winter Suite is actually a line of products, all of which aim to help investors “buy the

News  •  Bitcoin  •  Jun 30, 2022
FTX To Buy Distressed BlockFi at Insane Discount
FTX To Buy Distressed BlockFi at Insane Discount

A term sheet is currently being finalized between derivatives exchange FTX and digital assets platform BlockFi due to extreme market volatility and mismanagement within the company.  According to CNBC, an FTX spokesperson said the company “would not be commenting on the matter.” BlockFi was also unavailable to comment. FTX had

News  •  Business  •  Jun 30, 2022
Twitter Feud With Nic Carter Over Identity-based Wallet
Twitter Feud With Nic Carter Over Identity-based Wallet

On June 28th, 2022 Venture Capitalist Nic Carter announced he was “Excited to be backing” identity-based wallet company, Dynamic.  Dynamic XYZ’s goal is to usher in “the adoption of wallet-based authentication and identity.” The company announced that they raised $7.4 million during a seed round of funding led

News  •  Bitcoin  •  Jun 30, 2022
U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay
U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay

The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that

News  •  Bitcoin  •  Jun 29, 2022
A Closer Look at Circle’s USDC Operation and Possible Failure
A Closer Look at Circle’s USDC Operation and Possible Failure

Twitter user @CryptoInsider23 posted a thread claiming that Circle’s USDC stablecoin “is on the brink of collapse.” The account explains that they were able to come to this conclusion by looking into Circle’s SPAC IPO filings. From the provided tweet and infographic, Circle is currently paying Signature Bank

News  •  Markets  •  Jun 29, 2022
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