Bitcoin aims for $80,000 amid regulatory progress and S&P 500 record high
Bitcoin aims for $80,000 amid regulatory progress and S&P 500 record high
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Driving electric in Costa Rica is surprisingly doable
Driving an electric vehicle on a road trip can be difficult enough in the United States. Would this 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 requiring electric utilities to install
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Spirit Airlines cancels all flights, stranding passengers
Ashley Owens expected Saturday to be stressful. After all, she was the bridesmaid at her friend’s wedding in Las Vegas that night. But when she woke up Saturday, she found that her Spirit Airlines flight home Sunday to Texas had been canceled because the company had closed permanently. Mrs. Owens and the other members of
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Why developers are warning against Paul Sztorc’s eCash fork
The eCash fork proposed by Paul Sztorc was presented as a battle over the principles of Bitcoin. But among developers and infrastructure builders, a different interpretation is required. It’s not really a Bitcoin fork, they claim. This is an airdrop – and a potentially dangerous one. “I am strongly against Paul’s fork, but not because
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Brazil’s central bank bans stablecoin and crypto settlements in cross-border payments
Brazil’s central bank has banned electronic currency (eFX) providers from using stablecoins, bitcoin or other cryptocurrencies to settle overseas remittances. BCB Resolution No. 561, issued on April 30, updates the rules for eFX, Brazil’s regulated system for digital international payments, purchases, withdrawals and transfers. The rule comes into force on October 1 and the adaptation
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Crypto Industry Backs CLARITY Act Yield Compromise, Pushes Senate Banks for Markup
Crypto trade groups called for a markup of key market structure legislation hours after U.S. Senators Thom Tillis (R-N.C.) and Angela Alsobrooks (D-Md.) on Friday released compromise language on stable coin yield in the Digital Asset Market Clarity Act, the bill’s final major sticking point. The text prohibits crypto companies from paying interest or yields
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The $292 million crypto hack exposed DeFi’s weak points. Here’s what needs to change, insiders say
The $292 million Kelp DAO mining and its consequences for crypto lending markets have hit decentralized finance (DeFi) at a pivotal moment. Just as Wall Street firms have delved deeper into onchain markets, the incident revealed how fragile elements of the system remain and how much work remains to be done before institutions can increase
Prediction markets are abandoning the “casino” label to become a regular part of how people follow the news.
Prediction markets are moving from one-off bets tied to major events to platforms driven by daily user engagement, according to a new report from Bitget Wallet in partnership with Polymarket. Trading volume on Polymarket reached $25.7 billion in March, but the report highlights a deeper shift in behavior. Based on 1.29 million wallet activity in
Bitcoin above $78,000, ETH, SOL and DOGE rise as Senate clears Clarity Act yield hurdle
The S&P 500 just closed at another all-time high while Bitcoin hit the $80,000 level again earlier Saturday. The largest cryptocurrency traded at $78,180 on Saturday, up 0.8% for the week and recovering from Wednesday’s low near $75,500 following new reports of military escalation in Iran. The rebound came alongside reports on Friday that Tehran
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Quantum Bitcoin Proposal Offers Satoshi Nakamoto a Way to Prove Control Without Moving BTC
Bitcoin’s quantum computing problems have always had a Satoshi problem. Millions of bitcoins stored in old wallets with exposed public keys could be vulnerable to theft if sufficiently powerful quantum computers arrive. This includes approximately 1.1 million bitcoins attributed to pseudonymous creator Satoshi Nakamoto, currently worth around $84 billion. The obvious defense is a soft