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Berkshire Vice Chair Charlie Munger Warns Most Crypto Investments Will Go to Zero – Featured Bitcoin News

October 9, 2023

Warren Buffett’s right-hand man and the vice chairman of Berkshire Hathaway, Charlie Munger, has expressed his belief that the majority of cryptocurrency investments will become worthless. Regarding bitcoin, the executive opined: “That was the stupidest investment I ever saw.” Charlie Munger Continues to Slam Crypto Berkshire Hathaway Vice Chairman Charlie Munger expressed criticism toward…

Crypto Cards Still an Option to Spend Digital Cash in Fiat Environment – Learning - Insights Bitcoin News

October 9, 2023

Rising regulatory pressures may have limited crypto cards on offer but they remain a viable way to pay with coins where only fiat is accepted. With them, you spend crypto and that’s without the need to exchange it beforehand as it often happens when you want to pay with…

Ian Freeman Sentenced for Selling Bitcoin Without License, Judge Swats Down SEC Appeal in Ripple Case, and More — Week in Review – The Weekly Bitcoin News

October 9, 2023

Free Talk Live co-host Ian Freeman has been sentenced to eight years in prison for selling bitcoin without a license, the SEC has taken in a loss in its push for interlocutory appeal against Ripple, and a verified “Satoshi” handled has stirred up controversy and debate…

Binance Announces UK Domain Compliant With New Crypto Promotion Rules – Exchanges Bitcoin News

October 8, 2023

Crypto trading giant Binance has launched a new domain for U.K. customers under Britain’s updated regulations for financial promotions. The exchange will offer retail users in the country only those products and services that comply with the latest rules for crypto marketing. Binance Marketing and Communications Materials to Be Reviewed by U.K.-Licensed Firm Binance announced a dedicated domain…

Backed Finance Tokenizes Treasury Bond ETF on Coinbase's Base Network – Defi Bitcoin News

October 8, 2023

Backed Finance, a real-world asset tokenization issuer, announced its successful issuance of the first tokenized security on Coinbase’s Base, a layer two (L2) blockchain. The team introduced bIB01 tokens to the decentralized finance (defi) sector, mirroring the price…

Bitcoin, Ethereum Technical Analysis: BTC Back Above $28,000 Following Comments from Joe Rogan, Sam Altman – Market Updates Bitcoin News

October 8, 2023

Bitcoin traded above $28,000 to start the weekend, after Joe Rogan commented that it had a chance of becoming a “universal viable currency.” Additionally, traders also reacted to yesterday’s U.S. nonfarm payrolls, which rose by 336,000 in September, more than the…

October Resurgence: Decade-Old Bitcoin Wallets Awaken, Moving Over $50 Million in Vintage BTC – Bitcoin News

October 8, 2023

Though Bitcoin’s value has risen from its position last month, September saw a surge in dormant Bitcoin transfers from long-inactive BTC wallets. This trend hasn’t slowed; in the initial week of October, several 2014 wallets came alive, moving 860 BTC — valued at over $24 million — in 86 separate transactions on October 4, 2023. Additionally, a wallet from 2013 sprung into action…

Kraken to Expand Its Presence in Europe With Acquisition of Dutch Crypto Broker – Exchanges Bitcoin News

October 7, 2023

Crypto exchange Kraken has unveiled its plan to acquire Dutch crypto broker Coin Meester B.V. (BCM). Kraken explained that the Netherlands is a key market in its European expansion plans. “We are committed to growing our business in compliance with European regulations,”…

Report: Hong Kong Crypto Exchange JPEX Converts Users' Funds to an Illiquid Digital Token – Featured Bitcoin News

October 7, 2023

The Hong Kong cryptocurrency exchange JPEX recently converted user funds to a native token known as JPC. According to JPEX, affected users will only be able to cash this token out after two years. One affected user said the crypto exchange did not inform them of the…

What Is ADA? A Brief History of the Proof-of-Stake Blockchain Network Cardano – Learning - Insights Bitcoin News

October 7, 2023

On October 6, 2023, the cryptocurrency Cardano, known by its ticker ADA, is ranked as the eighth-largest in market capitalization, valued at just over $9 billion, or 0.817% of the $1.08 trillion cryptocurrency market. As the digital currency landscape evolves, ADA has emerged as a key contender. This article delves into Cardano’s origins, its native cryptocurrency ADA, its history, and its…