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Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt Market

Galaxy Digital’s Alex Thorn: Mt Gox Bitcoin Distributions Unlikely to Disrupt MarketAfter a decade-long wait, creditors of the defunct Mt Gox exchange are set to receive in-kind distributions of bitcoin and bitcoin cash starting in July. The head of research from Galaxy Digital predicts the market impact of these distributions will be less severe than anticipated. Long-Term Bitcoin Holders Likely to Retain Mt Gox Bitcoin Distributions […]

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Mt Gox to Start Distributing $9 Billion in Bitcoin to Creditors in July After Decade-Long Wait

Mt Gox to Start Distributing  Billion in Bitcoin to Creditors in July After Decade-Long WaitOn Monday, June 24, 2024, the Mt Gox bankruptcy trustee declared that reimbursements are slated to commence at the start of July. The trustee explained that disbursements will be made in bitcoin and bitcoin cash and sent to designated exchanges. After Ten Years, Mt Gox Trustee Announces July Start for Repayments Approximately $9 billion worth […]

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Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss Conference

Innovative Block Size Upgrade Takes Spotlight at Bitcoin Cash Bliss ConferenceFollowing the BCH Bliss conference, a focal event for Bitcoin Cash enthusiasts held May 14-15 in Ljubljana, Slovenia, Jonathan Silverblood introduced a Bitcoin Cash Podcast on X, featuring a collection of tracks from the event. This gathering also celebrated the “Jessica” upgrade, which launched the network’s innovative adaptive block size limit. BCH Bliss 2024: A […]

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Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCH

Mt Gox Moves 141,686 BTC to Three Addresses, Consolidates 142,846 BCHBased on onchain metrics, the Mt Gox funds, once consolidated into a single address holding over $9.6 billion in bitcoin, have now been distributed to three separate addresses as of Tuesday morning. Mt Gox Funds Redistribution An examination of the onchain transfers from the Mt Gox bitcoin cache reveals that the funds have been allocated […]

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Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash Network

Adaptive Blocksize Limit Algorithm Goes Live on Bitcoin Cash NetworkThe Bitcoin Cash network has completed its latest upgrade which essentially implemented the highly anticipated adaptive blocksize limit (ABL) algorithm. The new feature will make it much easier to change the block size limit in order to meet the demand of the network’s throughput. As of 9:24 a.m. Eastern Time on Wednesday, five blocks have […]

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Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network Scaling

Bitcoin Cash Prepares Adaptive Blocksize Limit Upgrade, Commits to Network ScalingBitcoin Cash, the usability-focused Bitcoin hard fork, is preparing to perform a blockchain-wide upgrade slated to happen on May 15th. The upgrade implements the adaptive blocksize limit algorithm, allowing the network to adapt to future increases in demand without having direct input from actors, avoiding the opportunity for social attacks. Bitcoin Cash to Include Adaptative […]

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Cardano founder proposes Bitcoin Cash integration in X poll

The ayes are winning with 8,301 votes for to 4,212 against, as of the time of this article’s publication.

Cardano founder Charles Hoskinson recently posted a “hypothetical poll” on the X social media platform asking the crypto community if they’d be interested in seeing a Cardano and Bitcoin Cash integration. 

The poll received more than 12,000 votes in its first 24 hours with a 66.3% early majority voting “yes” to the proposal.

As mentioned above, Hoskinson labelled his poll as being hypothetical. However, as Elon Musk has shown since his purchase of the X platform, formerly Twitter, it’s possible to use the platform as a steering point for decision making.

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Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes

Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly ,000,000 in Taxes

A prominent early Bitcoin (BTC) investor was arrested in Spain over the weekend for allegedly evading $50 million worth of US taxes. Roger Ver, a noted supporter of Bitcoin Cash (BCH), faces charges including mail fraud, tax evasion and filing false tax returns, according to a new announcement from the U.S. Department of Justice (DOJ). […]

The post Bitcoin Cash (BCH) Backer Roger Ver Arrested and Charged With Evading Nearly $50,000,000 in Taxes appeared first on The Daily Hodl.

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Cboe reorganization will merge or eliminate digital arm’s activities

The exchange is optimizing operations after acquiring ErisX on the eve of crypto winter and expects to save millions.

Equity exchange network Cboe Global Markets has announced plans to reorganize its digital assets trading operations, including eliminating its digital spot market.

Cboe said it will remove digital asset derivative trading from Cboe Digital and integrate it into its Global Derivatives and Clearing businesses. The Cboe Digital Spot Market will close in the third quarter of 2024. The exchange will move cash-settled Bitcoin and Ether futures contracts from the Cboe Digital Exchange to the Cboe Futures Exchange in the first half of 2025, subject to regulatory review and “certain corporate approvals.”

The Cboe Digital clearing arm, Cboe Clear Digital, will be “aligned” with Cboe Clear Europe under the unified leadership of Cboe Clear Europe president Vikesh Patel. The exchange said in a statement that:

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