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Bitcoin (BTC)

MakerDAO Disposes of renBTC as Stablecoin Collateral

MakerDAO – the issuer of the decentralized stablecoin DAI – unanimously passed a proposal this week to remove renBTC as a form of reserve collateral.  The Bitcoin-pegged token was deemed too risky to hold exposure to in light of its connections to the now-bankrupt trading desk Alameda Research.  Alameda and Ren As announced by MakerDAO over Twitter on Thursday, Maker’s governance voted to offboard the RENBTC-A Vault type in a governance poll that opened on Monday. Nearly...

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REKT Thérapie #2

Nouveau Space Twitter consacré à la crise actuelle du secteur « crypto ». « Rdv ce soir pour un nouvel épisode riche en témoignages et en surprises inédites avec mes confrères @gillesCadignan et @Mr_Monte_Crypto Découvrez aussi des initiatives d’actions collectives pour mieux vous relever des coups durs » – @aurore_btc Où ? – Sur Twitter Quand ? – Vendredi 25 novembre à 23h00 ...

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Bitcoin, Ethereum Not Securities: Clarifies Belgium’s FSMA

Belgium’s financial regulator does not consider crypto-assets such as Bitcoin (BTC) and Ethereum (ETH) to be securities. The Financial Services and Markets Authority (FSMA) released a statement in which it said cryptocurrencies that are issued solely by computer code do not constitute securities. The regulator’s response comes after receiving an increasing number of questions about the application of financial rules on the asset class. Win for BTC, ETH With a prominent...

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Luxury Retailer True Facet Greenlights Crypto Payments

True Facet – an online marketplace that sells used watches and jewels – has partnered with Bit Pay, a leading provider of digital currency payment services, to permit shoppers to checkout and purchase items with crypto assets like bitcoin and Ethereum. True Facet Says “Yes” to BTC Payments The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have...

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Binance Leads PoR Effort, Bitcoin’s Battle Above $16K and Crypto Market’s Attempt at Recovery: This Week’s Recap

The past week was somewhat positive for the entire cryptocurrency market, both in terms of pricing and overall developments. While the meltdown of FTX looms over the industry and most market participants are still afraid of contagion, the total capitalization added over $10 billion amid ongoing developments. First things first, this week’s overall increase doesn’t come on the back of Bitcoin, which is actually down about 1% over the period. The cryptocurrency attempted a push...

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So funktioniert der Cyber Monday

Der Singles Day, Black Friday und Cyber Monday stehen vor der Tür'. Der große Börsencrash von 1929 fand am „Schwarzen Freitag“ statt. Mittlerweile ist der Begriff „Black Friday“ aber eher positiv besetzt. Seit vielen Jahren locken Händler an diesem Tag mit Rabatten. Mittlerweile ist aus dem Rabatt Tag eine ganze Woche geworden, an der wir auf Schnäppchenjagd gehen können. Egal ob „Cyber Monday“ oder „Black Week“ – gerade Onlinehändler sind auf den...

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Users Can Now Verify the Bitcoin They Own on Binance via Merkle Tree

The world’s largest cryptocurrency exchange – Binance – introduced its Proof of Reserves (PoR) system to display to users the exact amount of its crypto reserves. The feature will initially show only bitcoin’s holdings, while other coins will follow in the future. Binance has taken some additional measures to reaffirm its customers’ trust during the turbulent times following the FTX crash. In a recent announcement, the company disclosed the launch of a Proof of Reserves (PoR)...

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