Wasabi Wallet Lead Developer: ‘Bitcoin Developers Are Failing El Salvador’

June 18, 2024 Bitcoin.com

Adam Ficsor

Adam Ficsor, the lead developer of Wasabi Wallet, a privacy-centric Bitcoin wallet, has revealed his position regarding the slow adoption of Bitcoin in El Salvador. In a recent interview, Ficsor stated that Bitcoin developers have failed El Salvador, having been unable to improve the situation of Bitcoin as a means of exchange, even with the […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Salvadoran Government Introduces Bitcoin Banking Law Reform

June 16, 2024 Bitcoin.com

Banks

The Salvadoran government has presented an initiative to accelerate the inclusion of Bitcoin and other cryptocurrencies in its investment banking sector. The banking law reform introduced to the National Assembly would allow private investors to constitute banks that can provide services in Bitcoin and stablecoins for sophisticated investors Salvadoran Government Presents Bill to Allow Private […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

An Introduction to Bitcoin Ordinals

June 16, 2024 Bitcoin.com

Bitcoin (BTC)

Bitcoin Ordinals have emerged as a novel way to enhance the functionality and use of Bitcoin, the original cryptocurrency. By leveraging Bitcoin’s blockchain in a new and innovative manner, Ordinals bring unique value propositions and helps to revitalize Bitcoin’s developer community. What Are Bitcoin Ordinals? In simple terms, Bitcoin Ordinals are digital collectibles created by […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Bitwise CEO: Bitcoin Should Move on From ‘Digital Gold’ Narrative as It Reaches Mainstream Adoption

June 15, 2024 Bitcoin.com

Bitcoin (BTC)

Hunter Horsley, co-founder and CEO of Bitwise, a San Francisco-based cryptocurrency asset management firm, declared that the “digital gold” narrative limits bitcoin’s reach as an investment asset. Horsely stated that, while the “digital gold” representation has been helpful for bitcoin, it has many qualities that put it over gold and it is time to “graduate” […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Former Coinbase Business Developer: ‘There Wasn’t a Long-Term Case for Bitcoin Payments’

June 12, 2024 Bitcoin.com

Bitcoin (BTC)

Nick Tomaino, a former business developer and marketing lead at Coinbase, explained how the idea of bitcoin for payments gradually lost its relevance in the market. Tomaino detailed that Coinbase rode this premise back in 2014 to raise $125 million in two funding rounds, but it was quickly clear that there was not a case […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Largest Bank in Brazil Itau Unibanco Opens Cryptocurrency Trading to All Users

June 11, 2024 Bitcoin.com

Bitcoin (BTC)

Itau Unibanco, the largest bank in Brazil and all of Latam, has reported the availability of cryptocurrency trading services for all its users. Through Ion, the bank’s in-house investment platform, customers can purchase bitcoin (BTC) and ether (ETH), a feature previously available to selected users. Brazilian Banking Giant Itau Unibanco Opens Cryptocurrency Trading Services for […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Russia Set to Recognize Bitcoin Mining as Economic Activity

June 10, 2024 Bitcoin.com

Bitcoin (BTC)

According to Osman Kabaloev, the Deputy Director of the Financial Policy Department at Russia’s Ministry of Finance, the recognition of Bitcoin mining as an official economic activity is set to happen soon. Following the approval of a law regulating cryptocurrency mining, this activity would be assigned an OKVED code, which classifies company activities for licensing […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Mexican Billionaire Ricardo Salinas Doubles Down on Bitcoin, Advises Using It as Inflation Hedge

June 10, 2024 Bitcoin.com

Bitcoin (BTC)

Ricardo Salinas, the third wealthiest man in Mexico, has recently doubled down on his proposal to use Bitcoin as a reserve asset. On social media, Salinas defended the role of Bitcoin as an inflation hedge, commenting on a post that presented inflation as a hidden tax on fiat money and advised his followers to purchase […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Bitcoin Core’s Latest Optech Newsletter Urges Upgrade to Version 25.0, Discusses New Vulnerability Disclosure Policy

June 10, 2024 Bitcoin.com

Bitcoin (BTC)

Bitcoin Core’s Optech Newsletter #306 is recommending users to, “to upgrade to Bitcoin Core 25.0 or higher within the next two weeks, with the latest version being 27.0.” A new policy was discussed by several Bitcoin Core project members concerning disclosures of vulnerabilities. Low-severity vulnerabilities will be disclosed about two weeks after a new version […]

Ripple faces securities suit in Cali over ‘misleading’ statements from 2017

Trump Campaign Crypto Aide Announces Presidential Roundtable on Domestic Bitcoin Mining

June 9, 2024 Bitcoin.com

Bitcoin (BTC)

David Bailey, CEO of Bitcoin Magazine and Trump campaign cryptocurrency aide, has announced that Former President Donald Trump will participate in a Presidential Roundtable on domestic bitcoin mining as part of its new cryptocurrency-friendly policy. He revealed that big miners from the U.S. would be present at the event without disclosing the list of assistants. […]

Bitcoin (BTC)

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