El Salvador's president, Nayib Bukele, declared on his Twitter account that his country will not sell the alleged reserves of bitcoin it owns, even though its value has exceeded $60,000.
In his words: "We will not sell, of course, in the end 1 BTC = 1 BTC (this was true when the market price was…
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Cryptocurrency
Coinbase experienced problems with its balance
On February 28, between 9:00 and 10:00 PST, the price of bitcoin experienced a rapid rise. However, this sudden increase also had consequences for Coinbase, one of the leading cryptocurrency exchange platforms. Users began to report that…
FTX will be able to sell $1 billion dollars
The bankrupt cryptocurrency exchange FTX got the judge's approval to sell more than $1 billion in shares of artificial intelligence startup Anthropic.
Judge John Dorsey of the Delaware Bankruptcy Court ruled at a hearing on 22 February…
The Fed withdrew measures from a bank linked to FTX
The United States Federal Reserve Board announced that it has completed an enforcement action against Farmington State Bank, a financial institution linked to the defunct cryptocurrency exchange, FTX.
According to the statement issued on…
Bukele declared himself the winner of the presidential elections
President Nayib Bukele of El Salvador declared himself the winner of the country's presidential election. According to its own figures, it would have obtained more than 85 % of the votes in the preliminary ballot of the Supreme Electoral…
Coinbase recruited a former UK minister
Cryptocurrency exchange Coinbase Global Inc. appointed George Osborne, former UK Treasury Secretary, as an advisor as it faces growing regulatory scrutiny in the United States.
Coinbase has announced that Osborne will join the company's…
Binance.US suspended operations in Alaska and Florida due to regulatory issues
Binance.US, the arm of Binance for the US market, stopped operating this week in Alaska and Florida due to conflicts with local authorities.
According to a report by the Wall Street Journal (WSJ), this decision is due to the investigations…
US will auction confiscated bitcoin from Silk Road
The U.S. government reported that it will auction more than $130 million in Bitcoin, which were seized during the investigations against the trading platform Silk Road.
The notice was made on the website of the U.S. Department of Justice,…
France granted Coinbase license to operate
The French Financial Markets Authority (AMF) granted Coinbase, the cryptocurrency exchange, the license as a Virtual Asset Service Provider (VASP), marking a significant step for its expansion into another major European market.
This…
Tether has enough backing for its USDT
Howard Lutnick, chief executive of Cantor Fitzgerald, a US financial services company, spoke about the reserves of Tether's USDT stablecoin, stating that the cryptocurrency is adequately backed by liquid assets.
During an interview with…
Bitcoin could surpass $100,000 quotation
Amid the official decision of the U.S. Securities and Exchange Commission (SEC) to approve the first spot-regulated Bitcoin ETFs, Anthony Scaramucci, founder of SkyBridge Capital, predicts a significant rise in the value of the…
Google Play Store blocked access to Binance in India
The Google Play Store in India recently excluded apps from cryptocurrency exchanges Binance and OKX. The move followed a notice of non-compliance issued by the Indian government, marking a stricter regulatory trend in the country towards…