Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature that lets U.S. users instantly and cheaply send money to Africa. “With exorbitant fees to transfer funds in and out of Africa Read More
On Tuesday, Brazil’s Chamber of Deputies approved a landmark cryptocurrency legislation that sets the tone for how the country will regulate bitcoin. Key aspects of the bill relate to the way “virtual assets” are defined and their possible local uses, Read More
Brazilian lawmakers have approved a complete regulatory framework for the trading and use of cryptocurrencies in the country. Voted on Tuesday evening in Brasilia, the country’s capital, the new rules recognize bitcoin as a digital representation of value that can Read More
A new Bitcoin-based encrypted chat platform has been announced at the Adopting Bitcoin conference, BLIP. The new app, yet to be publicly released, leverages Hexum, a proprietary multilayer encryption method, also created by the team behind BLIP, that promises a Read More
Binance walks away from FTX deal following due diligence. Firm also mentioned U.S. investigations of FTX. Retail investors are left hanging without access to funds. Binance will not move forward with the acquisition of rival exchange FTX, the company said Read More
SEC, CFTC reportedly probing FTX over handling of customers’ funds. Investigations also relate to lending. SEC probe reportedly predates Binance’s acquisition of FTX. U.S. financial regulators have apparently been actively following the carnage that’s ensued in cryptocurrency markets over the Read More
CleanSpark Inc., an energy company turned bitcoin miner, produced a record amount of new BTC last month. The Nasdaq-traded firm said in a statement sent to Bitcoin Magazine that it had mined 532 bitcoin in October, representing a nearly 20% Read More
The Federal Open Markets Committee, the U.S. central bank’s body responsible for setting monetary policy, raised interest rates by 75 basis points on Wednesday for the fourth consecutive time as Federal Reserve governors attempt to battle stubborn inflation levels in Read More
