According to a press release from Nov. 7, Athena Bitcoin Global and Genesis Coin have already enabled the use of the Lightning Network technology across their technology infrastructure and will now begin implementing it, first in El Salvador and then across Latin America.Continue Reading on Cointelegraph More
Data from statistics resource BitInfoCharts shows the average BTC transaction fee approaching $6 as of Nov. 7.Continue Reading on Cointelegraph More
The Justice Department alleges that the cryptocurrency was generated from drug sales on the Blue Sky market, including 30,000 ether now valued at over $54 million. Krewson, known for his Walter White impersonation from the TV show “Breaking Bad”, held a senior technical support engineer position at Oracle from 2015 until this year. Evidence suggests that Krewson had discussions with Castelluzzo and Atwell about moving the ether to Malta or the Bahamas. These discussions were revealed through prison calls and further corroborated by their continued Facebook (NASDAQ:META) friendship as of mid-2021. In a police raid in July last year, Krewson provided the password to the crypto wallet, allowing law enforcement to transfer all funds to a DOJ wallet. Castelluzzo, on behalf of himself and Broken Wings Holdings – a company he ran with Krewson and Atwell for trading cryptocurrencies on Bitrix exchange – appealed to a Colorado court last December for the return of these funds. Despite his claim that the funds were not criminal proceeds, his appeal was denied.The DOJ announced the seizure of these funds last week. While Krewson’s attorney has yet to comment on the matter, Castelluzzo maintains that the cryptocurrency was acquired legitimately.This article was generated with the support of AI and reviewed by an editor. For more information see our T&C. More
In a Nov. 7 X (Twitter) post, Gaevoy claimed NEAR refused to honor a commitment to facilitate the sale of $11.2 million worth of its stablecoin USN for the FTX estate.Continue Reading on Cointelegraph More
The issue stems from a 2022 report written by the DOJ in response to Executive Order 14067. For those who might not remember, Executive Order 14067 was President Biden’s first major cryptocurrency initiative. Although many people initially feared an impending crackdown was coming, the executive order largely delayed making sweeping changes by first calling on agencies to issue reports to inform future policies around cryptocurrency and related issues. Continue Reading on Cointelegraph More
Despite the stagnant prices, the 24.2% gains since Oct. 7 instill confidence, driven by the impending effects of the 2024 halving and the potential approval of a spot Bitcoin exchange-traded fund (ETF) in the United States.Continue Reading on Cointelegraph More
The rule would extend the supervisory role it already has in depository institutions such as banks and credit unions. The rule would apply to companies that handle more than 5 million transactions per year, such as PayPal (NASDAQ:PYPL), Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN), Google (NASDAQ:GOOGL) and Meta (NASDAQ:META). The agency said in a statement:Continue Reading on Cointelegraph More
The first experiment, according to a post on YouTube Help, involves an “AI that organizes large comment sections of long-form videos into easily digestible themes.” This tool will allow content creators to organize their comment sections by topic, highlight specific comments, and even delete comments related to a given topic. Continue Reading on Cointelegraph More
