Author: e_cash_top

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[ad_1] In the latest episode of SlateCast, Akiba spoke with the CEO of CoDe Tech about the future of blockchain technology. CoDeTech is a futuristic web3 company that doesn’t think web3 is good enough. Commenting on Ethereum’s current status as an example, CoDeTech‘s CEO, Ockert “Okkie” Loubser, said: “The biggest problem is most of it…

Reserve bank of India outlines CBDC blueprint

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in Guides

[ad_1] The Reserve Bank of India (RBI) is finalizing plans to kickstart the pilot phase leading to the issuance of its central bank digital currency-“digital rupee”. The RBI released a concept paper on Oct. 7, which outlined its motivation, design choices, and technological considerations for the pilot phase of the CBDC project. The RBI said…

US DOJ charges man for using BTC to launder $5.4M in drug trafficking money

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[ad_1] The U.S. Department of Justice (DOJ) has indicted California-based John Khuu for allegedly laundering $5.4 million in proceeds from drug trafficking by using Bitcoin. According to the charges, Khuu sold counterfeit pharmaceutical drugs and controlled substances on dark web markets. He received BTC as payment from customers for their purchases. To convert the funds…

Visa, FTX team up to offer debit cards in 40 countries

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[ad_1] Global payment processor Visa has partnered with crypto exchange FTX to offer its debit card service to customers in over 40 countries. The partnership will enable FTX customers to convert their cryptocurrencies into fiat, by simply linking the Visa card directly to their custodial account. Visa and FTX will complete the conversion process in…

Bitcoin sinks as US payroll data shows 263K new jobs added in September

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[ad_1] The U.S. Bureau of Labor Statistics (BLS) released non-farm payroll data for September showing employment had increased by 263,000 jobs. The U.S. unemployment rate currently stands at 3.5%, below the expected rate of 3.7%. On the release of the data, Bitcoin reacted with a 1% swing to the downside, on the 15-minute candle, to…

Ethereum Classic’s Twitter account repurposed for Ergo

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[ad_1] Ethereum Classic’s (ETC) Twitter account with over 670,000 followers was repurposed into a new account for rival proof-of-work network Ergo (ERG) on Oct. 6. Hoskinson had control of ETC’s former Twitter account ETC Cooperative executive director Bob Summerville revealed what transpired in a new Twitter thread. So what just happened with this account? 🧵…

After September bloodbath, historically bullish Q4 could ease the pain

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[ad_1] Since the beginning of the year, the traditional financial market has been on a steady downward spiral. Russia’s invasion of Ukraine seems to have acted as a spark that ignited the problems that have been piling up since the beginning of the pandemic, devastating most assets in its way. According to data from Bloomberg,…

Bitcoin miners capitulation passes, but spiking hash rate keeps pressure on

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[ad_1] On October 3, the Bitcoin hash rate soared to a new all-time high of 244.25 EH/s. Commenting on this, Binance CEO Changpeng Zhao said, “miners know something we don’t.” Two days later, the hash rate surged yet again, smashing the previous record to print a new all-time high of 314.58 EH/s, further signaling miner…

South Korean authorities fail to follow through on Do Kwon aide’s arrest; EU puts more crypto sanctions on Russia

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