After finalizing loan terms with the IMF, El Salvador’s Legislative Assembly approved changes to the country’s Bitcoin Law last week by a 55-2 vote, “effectively removing bitcoin’s status as legal currency,” reports Reason. Under the new rules, bitcoin is no longer considered “currency,” though it remains “legal tender.” Another change Read more…
The Russian government has banned crypto mining in ten regions for a period of six years, according to reporting by the state-owned news agency Tass. Russia has cited the industry’s high power consumption rates as the primary reason behind the ban. Crypto is particularly power-hungry, as mining operations already account Read more…
Bitcoin just broke $100,000 USD for the first time and reached as high as $104k, and is now sitting at $102,857 at the time of this writing.
11 years ago his hard drive ended up in a U.K. landfill — with 8,000 bitcoin. It’s now worth $800 million… and James Howell wants it back. His bid to become extremely rich reached a judge on Tuesday with a team of lawyers arguing that it was still possible to Read more…
Bitcoin surged over 9.2% to an all-time high of over $74,200 on Tuesday evening as early results showed favorable outcome for Republican candidate Donald Trump, who has promised crypto-friendly policies if he wins.
Visa customers with eligible debit cards will be able to deposit funds into their Coinbase accounts — sometimes instantly — via a partnership announced by the payments giant and crypto exchange. Coinbase already has millions of connections to customers’ debit cards but this new development allows for the real-time flow Read more…
Donald Trump’s new crypto project, World Liberty Financial, had a rocky start today with frequent website outages during its token sale. According to CNBC, only about 4% of registered investors have bought tokens, and the project sold less than 3% of the 20 billion tokens available. WLF’s website suffered regular Read more…