Driving an electric vehicle on a road trip can be challenging enough in the United States. Would that even be possible in a country like Costa Rica? I decided to find out. Costa Rica has done more than most countries to promote electric vehicles, including passing a law in 2018 that required electric companies to […]
It is surprisingly possible to drive electric in Costa Rica Read More »
Brazil’s central bank has banned electronic currency (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas money transfers. BCB Resolution No. 561, published April 30, updates the rules for eFX, Brazil’s regulated system for digital international payments, purchases, withdrawals and transfers. The rule comes into effect on October 1, with adaptation deadlines
Brazil’s central bank bans stablecoin and crypto settlement in cross-border payments Read More »
Paul Sztorc’s proposed eCash fork has been framed as a battle over Bitcoin’s principles. But among developers and infrastructure builders, a different interpretation is taking hold. This is not really a Bitcoin fork, they claim. It’s an air drop – and a potentially dangerous one. “I’m definitely against Paul’s fork, but not because it represents
Why developers warn against Paul Sztorc’s eCash fork Read More »
Crypto trade groups called for a markup of key market structure legislation within hours of U.S. Senators Thom Tillis (RN.C.) and Angela Alsobrooks (D-Md.) Friday releasing compromise text on the stablecoin dividend in the Digital Asset Market Clarity Act, the last major issue in the bill. The text prevents crypto companies from paying interest or
Crypto industry backs CLARITY Act dividend compromise, pushes Senate banking for markup Read More »
The $292 million Kelp DAO exploit and the subsequent fall across crypto-lending markets hit decentralized finance (DeFi) at a crucial time. Just as Wall Street firms pushed deeper into onchain markets, the incident has exposed how fragile parts of the system remain and how much work remains before institutions can scale their exposure. In the
Prediction markets are shifting from one-off bets tied to major events to platforms driven by daily user engagement, according to a new report from Bitget Wallet in collaboration with Polymarket. Trade volume on Polymarket reached $25.7 billion in March, but the report points to a deeper change in behavior. Based on activity from 1.29 million
Bitcoin’s quantum computing problems have always had a Satoshi problem inside. Millions of bitcoin sitting in old wallets with exposed public keys could be vulnerable to theft if powerful enough quantum computers come along. That includes the roughly 1.1 million bitcoin attributed to pseudonymous creator Satoshi Nakamoto, which is currently worth about $84 billion. The
The S&P 500 just closed at another record high, while bitcoin made another run to the $80,000 level earlier Saturday. The biggest crypto traded at $78,180 in Asian hours on Saturday, up 0.8% on the week and recovering from Wednesday’s low near $75,500 that came amid fresh Iran military escalation reports. The rejection came alongside
Bitcoin over $78K, ETH, SOL, DOGE higher as Senate clears dividend hurdle in Clarity Act Read More »
Stablecoin dividends would be banned under the recently released agreement between U.S. Senators Thom Tillis (RN.C.) and Angela Alsobrooks (D-Md.), which addresses the contentious piece of legislation on the structure of the crypto market in a compromise that is largely similar to what has been discussed since the start of the year. The text, released
Riot Platform ( RIOT ) shares jumped about 8% on Friday after Advanced Micro Devices ( AMD ) expanded its capacity at the company’s Rockdale, Texas campus, highlighting Riot’s continued pivot from bitcoin mining to AI and high-performance computing. According to Q1 financial results, AMD exercised an option to double its contracted capacity to 50
