Global payroll provider Remote is allowing the United States-based companies it serves to pay their contractors in 69 countries in USD Coin. The new option is an extension of Remote’s offerings in conjunction with payment provider Stripe, reports Cointelegraph. “Stablecoin payments complement Remote’s powerful automation features for onboarding, invoicing, and paying contractors,” according to the […]
The last four years were focused on fighting for the survival of the crypto industry in the United States, argues a16z’s Miles Jennings writing for Coindesk. Against a hostile administration and unprecedented lawfare, the industry fought back boldly – and won. But now, the industry faces a more pressing task: Helping to shape the legislation […]
European MP calls for EU BTC reserve
Categories
European lawmaker Sarah Knafo called on the European Union to establish a strategic Bitcoin reserve while rejecting the proposed adoption of the “digital euro,” a central bank digital currency (CBDC) under development by the European Central Bank (ECB), reports Cointelegraph. Knafo, a French magistrate and a member of the European Parliament since June, delivered a […]
Open any news app, web browser, social media feed, or podcast this month, and you’ll see one topic dominating discussions: AI and crypto, writes Forbes Web3 . In Sapiens: A Brief History of Humankind, Yuval Noah Harari explores how history is shaped more by what he describes as “coincidences” than by deterministic, predictable events. This […]
by Ruari Haughey Over the past few years, my evenings have often been filled with delving into the intricate world of blockchain technology and its applications. As someone deeply embedded in the digital assets and Web3 security space, my fascination with blockchain has only grown stronger with time. This passion for understanding the nuances of […]
Ireland is uniquely positioned to benefit from the growth and adoption of blockchain and cryptoasset technology. Before I tell you why, let me tell you my story, how crypto assets inspired me, and why I believe in Ireland’s potential to thrive through this emerging fintech sector, writes Kraken’s Brian Gahan. My Journey to […]
Stripe, the fintech giant, continues to inch its way back into the cryptocurrency market, reports TechCrunch. The company has announced that it would let customers accept cryptocurrency payments, starting with just one currency in particular, USDC stablecoins, initially only on Solana, Ethereum and Polygon. This will be the first time that Stripe has taken […]
Consumers are becoming slightly less sceptical about bitcoin, according to a Deutsche Bank survey, although just under a third of those questioned still expect its price to drop sharply by the end of 2024, reports Reuters. Although people have poured billions of dollars into bitcoin, hoping for returns if its price rises, top regulators have […]
Ripple has entered the lucrative stablecoin market, valued at $150 billion, by introducing its own digital currency pegged to the US dollar, reports UnlockBC. This stablecoin will maintain a 1-to-1 backing with assets such as US dollar deposits, US government bonds, and cash equivalents held in reserve by Ripple. The company has committed to providing […]
Bitcoin Cash spikes 10% post halving
Categories
Bitcoin Cash (BCH) has surged 10% after completing its reward halving event, becoming one of the few gainers in an otherwise tepid market as bitcoin (BTC) – whose own halving occurs later this month – remained little changed over 24 hours, reports Coindesk. BCH changed hands at $660 in European morning hours, a price level […]
Global electricity demand from data centres, cryptocurrencies, and artificial intelligence (AI) could more than double over the next three years, adding the equivalent of Germany’s entire power needs, the International Energy Agency forecasts in its latest report. A Bloomberg article reports there are more than 8,000 data centers globally, with about 33% in the US, […]
Bitcoin ETFs win SEC approval
Categories
US regulators have approved bitcoin ETFs, dramatically broadening access to the 15-year-old cryptocurrency, reports CoinDesk. The Securities and Exchange Commission on Wednesday declared effective key filings from the markets seeking to list the groundbreaking products. They will begin trading on Thursday (11/01/2024). About a dozen companies, including BlackRock, Fidelity and Grayscale, sought to create bitcoin […]