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Bitcoin (BTC)

Un Repas du Coin à Toulouse

Véritable institution dans la communauté Bitcoin francophone, les Repas du Coin réunissent chaque mois (sur invitation) tous ceux qui s’intéressent de près ou de loin à Bitcoin et autres protocoles d’échanges décentralisés : entrepreneurs, chercheurs, développeurs, blogueurs, journalistes, économistes… Le 74e déjeuner se déroulera à Toulouse jeudi 12 octobre à midi. Un Meet-up organisé par les...

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Company Accused of Using COVID Relief Funds to Buy Crypto

The owner of the Carolina Fish Market in Ballantyne, North Carolina is in trouble for using a COVID-based loan to purchase cryptocurrency. James Seidel has been accused of defrauding the Small Business Administration (SBA) using Economic Injury Disaster Loan funds. COVID Fraud Became Rather Prominent The COVID pandemic of 2020 and 2021 brought about a huge string of disasters. The economy tanked, people were out of work, and many businesses were forced to either...

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Former Alameda Engineer Exposes Firm’s Role in Bitcoin’s 87% Plunge in 2021

Aditya Baradwaj, a former engineer at the bankrupt cryptocurrency trading firm Alameda Research, has revealed that the company was behind bitcoin’s 87% plunge in 2021. Baradwaj explained the events that led to the sudden drop, saying the incident was a result of a work philosophy established by Alameda’s co-founder Sam Bankman-Fried (SBF), which maintained that the utility gained by moving fast outweighed the occasional costs paid due to a poor risk management system. Alameda...

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Bitcoin Network Faces Congestion with Over 470,000 Pending Transactions

The Bitcoin network is currently dealing with an increase in transaction congestion, with data from the Mempool indicating a backlog of over 470,000 pending transactions. Somewhat expectedly, this has resulted in the transaction fees on the Bitcoin Network fluctuating quite severely. Bitcoin Transaction Fees Fluctuate Mempool data reveals that the Bitcoin Network is experiencing the longest block fullness with over 470,000 pending transactions. Recent data also reveals that...

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PayPal is Now Issuing Its Own Stable Coin

PayPal – the world’s biggest digital payment platform – has announced the release of a new USD-pegged stable asset it’ll use to enter the digital currency market. PayPal is Delving Deeper into Crypto PayPal has had a strong background in crypto. A former executive with the firm – David Marcus – lent plenty of energy and time to aid Facebook’s failed Libra project, which would have seen a new stable currency payment outlet formed on the social media giant. Also,...

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The SEC Must Finally Decide on a Bitcoin ETF Application from ARK Invest

The Securities and Exchange Commission (SEC) is required to give an official decision regarding a new bitcoin-based exchange-traded fund (ETF) application submitted by ARK Invest. The Window for Decision is Closing on the SEC ARK is simply one of eight companies that have submitted such applications over the past few months, the others being Bitwise, VanEck, BlackRock, and WisdomTree to name a few. The application from ARK was submitted as far back as mid-May of...

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Mt. Gox Trustee Extends Repayment Deadline to October 2024

The trustee cited the need for additional time to facilitate the rehabilitation process. Defunct cryptocurrency exchange Mt. Gox has yet again postponed its repayment deadline by one year. This significant development was confirmed in a letter shared by Nobuaki Kobayashi, the trustee responsible for overseeing the rehabilitation of the exchange. Initially slated for October 31, 2023, the repayment deadline has been shifted to October 31, 2024, following approval from the Tokyo District...

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Former Alameda Employee Accuses Firm of Causing BTC 87% Price Dip in 2021

The ‘honest’ mistake did eventually cost Alameda some millions of dollars. An individual simply identified as Baradwaj has dropped a bombshell of an accusation on his former employer Alameda Research. According to him, Alameda, which was owned by Sam Bankman-Fried, played a prominent role in the downward spiral of Bitcoin (BTC) that saw its prices plunge over 87% on Binance.US within minutes. This was back in 2021. At the time, BTC’s price dipped to as low as $8,200 from around $65,760,...

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Smart-Ringe: Wann kommt der Bitcoin-Ring?

Intelligente Ringe enthalten einen NFC-Chip, der sich mit dem Smartphone verbinden lässt. Sie fungieren als Fitness-Tracker, zeichnen diverse Gesundheitsdaten auf, etwa zur Schlafqualität, und können mitunter auch die Steuerung des Smartphones über den Finger ermöglichen. Viele fragen sich ja, ob Samsung noch diesen Herbst einen eigenen Smart Ring auf den Markt bringt oder erst im nächsten Jahr 2024. Sicher ist, Wearables wie Smart Ringe werden bald...

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