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The producers of an upcoming HBO documentary have promised a “roller coaster” investigation into the identity of Bitcoin’s pseudonymous creator Satoshi Nakamoto. On Thursday, Karen Hoback released a teaser for her new BTC documentary, Money Electric: The Bitcoin Mystery. He also hinted at the possibility that Mr. Nakamoto’s true identity, which has long been shrouded in mystery, may be revealed. “Some of you may have wondered why I was gone. Well, I was tracking another person who disappeared. Want to know who’s behind Bitcoin?” The promotion sparked a flurry of headlines in which director Hoback promised to reveal Nakamoto’s identity,…

Bitwise Asset Management has submitted a proposal to the U.S. Securities and Exchange Commission (SEC) to convert its three current crypto futures ETF strategies into a new product under the ticker $BITC. According to the entry, this is aimed at protecting investors from losses while earning stable profits over the long term. If the cryptocurrency market is volatile, the Fund may transfer funds to the U.S. Treasury to protect against losses. Source: Ministry of National Affairs This change is scheduled to begin on December 3, 2024. The three ETFs affected are: The Bitcoin Strategy Optimum Roll ETF will be renamed…

Recently, one of Dogecoin’s most famous backers, Mark Cuban, spoke negatively about the memecoin industry as a whole. He expressed concern, saying that most meme coins are likely to have the rug pulled out from under them and therefore pose a risk to investors. On the other hand, Cuba’s support for Dogecoin is firm. According to him, Dogecoin occupies a niche and has its own loyal community supporting it, unlike other highly speculative meme coins out there. His critique includes further discussion about the sustainability of digital currencies in the community. Apparently, many meme coins come and go, and their…

advertisement As reported by CoinGecko, finding one that stands out among the vast sea of ​​2.52 million cryptocurrencies available in 2024 is more difficult than ever. Today, we will ignore the noise and focus on five of the most promising players in the cryptocurrency space: BlockDAG, Ethereum, Solana, and Toncoin. Each of these has made significant technological advances and offers unique benefit potential. BlockDAG is a newcomer that is shocking the market with its impressive presale numbers, but its competitors are not new to the game either. Let’s take a closer look at what each of these cryptocurrencies has to…

Summary: The SEC has filed an appeal of a previous ruling deemed to the contrary. Consider the potential impact on XRP price. XRP prices plunged on Thursday following news that the Securities and Exchange Commission (SEC) has appealed an earlier ruling that fined Ripple $125 million. XRP is up 0.2% at the time of writing, trading at 0.522. Cryptoassets had a tough week losing 11 percent of their value as risk-off sentiment dominated the market ahead of the SEC’s decision. Nevertheless, the SEC’s move is not entirely surprising. Market regulators were adamant that XRP was sold as a security in…

PayPal used stablecoins to pay for EY invoices and introduced streamlining B2B transactions. SAP’s Digital Currency Hub and Coinbase Prime were essential for seamless and secure payments. Stablecoins offer faster, borderless payments, making them attractive to big brands like Google Cloud. PayPal, SAP, and Coinbase are expanding boundaries through stablecoin technology in business-to-business payments. Recently, PayPal made headlines for settling an invoice to EY using the stablecoin PayPal USD (PYUSD) deposited in EY’s Coinbase Prime account. According to a blog post, this collaboration through SAP’s Digital Currency Hub will prove the efficiency and security of commerce using stablecoins. PayPal, EY,…

Coinbase has begun delisting non-compliant stablecoins that do not meet the new MiCA rules, including USDT, and plans to complete the process by the end of 2024. Coinbase Global Inc. recently revealed plans to directly respond to the European Union’s new MiCA regulation. Applies from December 31st.Just in: 🇪🇺 Coinbase to delist USDT in EU due to non-compliance.— Watcher.Guru (@WatcherGuru) October 4, 2024″In light of our compliance efforts, we plan to restrict the provision of services to EEA users related to stablecoins that do not meet MiCA requirements by December 30, 2024,” a Coinbase spokesperson said in a statement Friday.…

Vietnamese authorities have dismantled an international network of cryptocurrency scammers and arrested five people who defrauded local residents of billions of dong. According to local Thanh Nien news agency, the suspects, all Vietnamese nationals, were arrested after a series of coordinated operations. In a scam carried out in Laos’ Golden Triangle Special Economic Zone, scammers created elaborate fake romantic relationships combined with fake cryptocurrency investments. Nghe An Police said two of the suspects, both in their early 20s, played a key role in luring the victims into the scam. The group has collected more than VND17.6 billion (approximately $710,000) from…

Check out the companies that are trending in intraday trading. Abercrombie & Fitch – The teen apparel retailer’s stock rose nearly 8% after JPMorgan added the company to its Positive Catalyst Watchlist. Analyst Matthew Vos said the company’s brands, including Hollister, have shown momentum during the recent back-to-school season, and raised his price target and third-quarter earnings forecast. Spirit Airlines, JetBlue Airways — Ultra-low-cost carrier Spirit plunges 26% after a Wall Street Journal report that it may file for bankruptcy following a failed merger with fellow airline JetBlue. did. JetBlue shares rose more than 15% on the news. Rivian Automotive…

Although institutional adoption of blockchain technology is progressing more slowly than many expected a decade ago, the market continues to evolve in exciting and unexpected ways. When we began our journey at R3, we believed that the path to organizational adoption of distributed ledger technology required a single global network. The network follows the Ethereum model, but is specifically designed for regulated financial markets, providing a platform for the issuance and exchange of all kinds of tokenized assets, allowing for faster payments and business processes. Enables automation. We believed that such a network would eliminate the complexity and friction that…