Cash – TradingBTC.com

Crypto’s Political Cash Backs Winners, But New Lawmakers Will Arrive Under FTX Cloud

November 15, 2022 Anthony B

Still, the events of this month, where one of crypto world’s pillar companies is under investigation as an epic fraud, will play a part. Congressional hearings will likely question what happened with FTX, and the new lawmakers will have to consider appropriate legislation in what could be the most important year yet for the industry on Capitol HIll. Meanwhile, they’ll represent – to some degree – a legacy of Bankman-Fried’s big year as a political patron. Author: Jesse Hamilton Source link

Tornado Cash Sanctions May Harm Innocent Users

August 16, 2022 Anthony B

It would appear that recovering his funds would, right now, constitute a sanctions violation. At a minimum, there is no clarity. To many, the sanctions appear to either have been a heartless move, forsaking the privacy needs and financial integrity of innocent users, or to have been a thoughtless one. Author: gets qt Source link

Tornado Cash Adds Chainalysis Tool for Blocking OFAC-Sanctioned Wallets From Dapp

April 15, 2022 Eliza Gkritsi

“The fact that Tornado Cash doesn’t allow access to its app to comply with regulations doesn’t necessarily mean that the protocol and smart contracts are not available to the sanctioned entities,” Tal Be’ery, the chief technology officer of crypto wallet ZenGo, told CoinDesk in a direct message. Author: Eliza Gkritsi Source link

Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App

April 10, 2022 Brian Newar

Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which uses the Bitcoin Lightning Network. Wood explained her firm’s move at the Miami Bitcoin 2022 conference which wrapped up on April 9. The Lightning Network (LN) is a layer-2 solution for Bitcoin meant to facilitate faster and cheaper transactions. Financial technology company PayPal operates the payment app Venmo as a direct competitor with Block’s (formerly Square) Cash App.…

Bill proposes digital currency that replicates cash, bypasses the Fed

March 28, 2022 Andrew Singer

The Electronic Currency and Secure Hardware Act (ECASH Act), introduced today in the United States House of Representatives, could herald a new direction in government-sponsored digital currencies. The legislation calls for the U.S. Secretary of the Treasury to develop and pilot an electronic version of the U.S. dollar that is easy to use for the economically marginalized or technically challenged. It would also “maximize” consumer protection and data privacy, according to its principal sponsor Representative Stephen Lynch, chair of the Fintech Task Force in the House Financial Services Committee. Interestingly,…

Why web3’s wealthy are donating crypto instead of cash – TechCrunch

March 20, 2022 Anthony B

As the Russia-Ukraine war rages on, crypto has become an integral tool for donors abroad to support Ukraine. The success of crypto-native fundraising campaigns in this context is reflective of a broader trend that’s taken off in a big way this year of crypto holders giving away their coins to support charitable causes. Charities around the globe are soliciting donations in crypto to aid Ukraine. Endaoment, a popular crypto giving platform, says it has raised over $2 million for charities supporting Ukraine since the onset of the war in late…

Argentinian Exchange Lemon Cash Expands to Brazil Amid Crypto Boom

March 16, 2022 Anthony B

The company plans to hire 60 employees in Brazil by the end of 2022. Author: Andrés Engler Source link

Monero, Kyber Network and Tornado Cash break out as traders pile into privacy protocols

March 9, 2022 Jordan Finneseth

Stocks and cryptocurrencies saw a notable bounce on March 9 even though war, rising inflation and historically high oil prices have investors uncertain about the future. Bitcoin (BTC) price surged to $42,600 in the early trading hours and several altcoins followed suit with double-digit gains. Top 7 coins with the highest 24-hour price change. Source: Cointelegraph Markets Pro Data from Cointelegraph Markets Pro and TradingView shows that the biggest gainers over the past 24-hours were Monero (XMR), Kyber Network (KNC) and Tornado Cash (TORN), with Zcash (ZEC) earning an honorable…

Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App

March 4, 2022 Anthony B

The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele. Author: Michael Bellusci Source link

Jack Dorsey Shouldn’t Dismiss VC Cash in Web3: Animoca Brands Founder

February 23, 2022 Anthony B

Animoca Brands’ founder Yat Siu says that Jack Dorsey has the power to help shape Web3. But the Twitter founder doubts Web3, saying it’s being run by wealthy venture capital firms. Siu told Insider Dorsey is being too quick to dismiss the new wave of internet entrepreneurship and innovation. LoadingSomething is loading. Jack Dorsey — Twitter founder and vocal proponent of virtual currencies — is not sold on Web3. He’s convinced it might “never escape” venture capitalists’ incentives and will end up being a “centralized entity with a different label.”…