End of June, Nic Carter faced an angry crowd of bitcoin maximalists on Twitter after he posted the following Tweet: According to Nic’s own accounts, many in the bitcoin community had falsely assumed he was a “bitcoin maximalist” when in reality his venture capital firm invests in a range of companies, including bitcoin-only and non-bitcoin […]
The U.S. Senate passed the “Inflation Reduction Act”, a $430 billion government spending bill that aims to bring down inflation. The “Inflation Reduction Act” is really a climate and healthcare bill. Over $300 billion will be invested in energy and climate reform, the largest spending of this type in U.S. history.
Last week Judge Michael Wiles, who is ruling over Voyager Digital’s bankruptcy proceedings, ruled that there was “sufficient basis” to return $270 million held in a custodial account to customers. The bankrupt bitcoin and crpyo exchange reportedly has over $10 billion in debt.
Hodlnaut, a Singapore-based bitcoin and crypto lender, halted withdrawals today. A banner at the top of the lender’s website links to a statement with the title “Important Message to all Hodlnaut Users”. The statement notifies users that withdrawals, token swaps and deposits are halted with immediate effect due to recent market conditions.
Australian bitcoin and crypto exchange Ebonex is launching a bitcoin and crypto card in Australia that will allow users of the exchange to spend bitcoin and crypto at any merchant that currently accepts MasterCard. Ebang International Holdings Inc.
Changepeng Zhao, the CEO of Binance, just met the president of the Central African Republic (CAR) Faustin-Archange Touadéra
The Bank of Thailand stated in a recent press release that “the BOT has been among the first central banks to recognize the importance of CBDC as a novel financial infrastructure”. The press release further notes: “Ms.
Voyager Digital, a popular bitcoin and crypto exchange, filed for chapter 11 bankruptcy last month. Voyager was affected by the contagion that spread through the bitcoin and crypto markets after the Terra stablecoin lost its peg to the US dollar and collapsed.
MasterCard and Binance are teaming up to launch a bitcoin and crypto prepaid card in Argentina. The card allows holders in Argentina to top up the prepaid card bitcoin and spend bitcoin at “over 90 million Mastercard merchants worldwide, both in-store and online”, according to a press release published on the MasterCard website.
The asset management giant is teaming up with Coinbase to offer bitcoin trading, custody, prime brokerage and reporting capabilities for institutional investors. Joseph Chalom, global head of strategic ecosystem partnerships at BlackRock, mentioned “Our institutional clients are increasingly interested in gaining exposure to digital asset markets”.