Industry initiative Time2Build is paying developers to integrate the Breez Bitcoin Lightning Network software development kit (SDK) into existing open-source projects, aiming to drive lasting adoption rather than short-term experimentation. According to a Tuesday announcement shared with Cointelegraph, the initiative is not a hackathon or a developer bounty. Instead, it pays developers for contributing to…
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OnePay — a banking app majority-owned by Walmart — will soon roll out crypto support, according to CNBC. According to a Friday CNBC report citing anonymous sources, OnePay will soon offer cryptocurrency trading and custody to its users. The app is expected to support Bitcoin (BTC) and Ether (ETH) later this year. OnePay has positioned…
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Update (Oct. 3, at 2:00 pm UTC): This article has been updated to add commentary by Slava Demchuk, the CEO of blockchain forensics and cybersecurity firm AMLBot. The United Kingdom is again pressuring Apple to create a backdoor into its encrypted iCloud backup services, raising alarm among cybersecurity and crypto advocates. According to the Financial…
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United Kingdom officials are weighing whether to retain billions of dollars in gains from seized Bitcoin tied to a massive fraud case, rather than redistributing the full amount to victims, according to the Financial Times. According to a Thursday Financial Times report, the UK High Court may decide to reimburse only the original value of…
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United Kingdom officials are weighing whether to retain billions of dollars in gains from seized Bitcoin tied to a massive fraud case, rather than distributing the full, current value to victims, according to the Financial Times. According to a Thursday Financial Times report, the UK High Court may decide to reimburse only the original value…
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Bank of England (BoE) Governor Andrew Bailey suggested that stablecoins could reduce the United Kingdom’s reliance on commercial banks, signaling a potential shift in the central bank’s stance toward digital assets. In a Wednesday article in the Financial Times, Bailey said that the current financial system combines money and credit creation through fractional reserve banking,…
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Roman Storm, co-founder of Tornado Cash, has asked a US federal judge to acquit him of his sole conviction for unlicensed money transmission and the jury’s hung counts for money laundering and sanctions violations, arguing prosecutors failed to prove he intended to help bad actors misuse the crypto mixer. According to legal documents filed on…
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The Bitcoin community is split over Bitcoin Core developers’ decision to remove a limit on arbitrary data stored in transactions, a move that traces back to a debate first raised by Bitcoin creator Satoshi Nakamoto in 2010. Bitcoin Core v30’s expected release next month will remove the 80-byte cap on OP_RETURN, an opcode used for…
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Eric Trump, son of US President Donald Trump and a businessman with several crypto ventures, said stablecoins could preserve the US dollar’s strength. In an interview with The New York Post published Friday, Eric Trump said he is convinced stablecoins will “save the US dollar.” He highlighted USD1, the stablecoin tied to the Trump family’s…
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Hong Kong’s stablecoin regulatory framework limits their use for derivative trading on blockchain networks, according to Sebastian Paredes, CEO of DBS Hong Kong. According to a Friday report by local news outlet The Standard, Paredes said that Hong Kong regulations on stablecoin Anti-Money Laundering (AML) and Know Your Customer (KYC) requirements will significantly restrict their…
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