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Weekly overview

New Law Wants to Exclude Bitcoin From Definition Of Money

  • Post author:admin
  • Post published:March 10, 2023
  • Post category:Weekly overview

The state of South Dakota is looking to pass a bill that will redefine the characteristics of money, preventing cryptocurrencies, including Bitcoin, from becoming legal money. Introduced by Mike Stevens,…

Continue ReadingNew Law Wants to Exclude Bitcoin From Definition Of Money

Ripple Joins CBDC Discussions With Over 20 Central Banks

  • Post author:admin
  • Post published:March 10, 2023
  • Post category:Weekly overview

Speculations that XRP would serve as a bridge between CBDCs have surfaced. In an interview with Forkast News, Ripple’s executive shared the company’s latest interaction with global regulators to discuss…

Continue ReadingRipple Joins CBDC Discussions With Over 20 Central Banks

Silvergate in Trouble: Partners Leave Board, Shares Drop Sharply

  • Post author:admin
  • Post published:March 10, 2023
  • Post category:Weekly overview

Silvergate was no longer in great shape after a series of partners confirmed breakups, driving shares down sharply. Is it the end game for the crypto-friendly bank? Coinbase announced on…

Continue ReadingSilvergate in Trouble: Partners Leave Board, Shares Drop Sharply

US bank woes? Silicon Valley Bank stocks plunge 1 day after Silvergate downfall

  • Post author:admin
  • Post published:March 10, 2023
  • Post category:Weekly overview

Concerns have been raised around the financial health of the tech-focused bank, which services the likes of crypto-friendly VCs such as Sequoia and a16z. Fears have been heightened over the…

Continue ReadingUS bank woes? Silicon Valley Bank stocks plunge 1 day after Silvergate downfall

Breaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse

  • Post author:admin
  • Post published:March 10, 2023
  • Post category:Weekly overview

The price of BTC briefly slipped under $20,000 on March 10, although at time of writing was hovering just above that level. Bitcoin (BTC) briefly slipped below $20,000 for the…

Continue ReadingBreaking: Bitcoin slips under $20K amid Biden budget, Silvergate collapse

CBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman

  • Post author:admin
  • Post published:March 10, 2023
  • Post category:Weekly overview

Congressman Tom Emmer made the anti-CBDC comments to an audience at the Cato Institute, a think tank in Washington. United States Congressman Tom Emmer believes the launch of programmable central…

Continue ReadingCBDCs could be ‘easily weaponized’ to spy on US citizens: Congressman

‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K

  • Post author:admin
  • Post published:March 10, 2023
  • Post category:Weekly overview

Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” Ethereum co-founder Vitalik Buterin’s latest salvo against “shitcoins” has ended up with him simply being sent more of it.Only…

Continue Reading‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K
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