Commercial Paper Reserves Of Tether Under Heavy Regulatory Scrutiny

Tether has been facing a lot of pressure from regulatory authorities.

MicroStrategy to Buy More Bitcoin Despite Q2 Impairment Loss

MicroStrategy reported a paper loss of roughly $700 million on its BTC investment in Q2 2021 but vowed to continue purchasing more coins.

Regulators Must Make Sea Change on Crypto, and IMF Is Ready To Engage

An influential economic thinker has urged Western governments to “stop dismissing the crypto revolution as some mix of illicit payments schemes and reckless financial speculation” – while a new paper from the IMF suggested that nations pick up the pace with their digital money development.

MicroStrategy pledges to buy more BTC despite paper loss on its holdings of $424.8M in Q2

As of June 30, 2021 MicoStrategy held an approximated 105,085 BTC with a carrying value of $2.051 billion, at a total impairment loss of $689.6 million since acquisition of the digital asset.

EY aims to simplify cross-border withholding tax process with blockchain

EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to improve taxation processes with a new initiative.The company announced Wednesday that EY completed a blockchain-based project to address complexities and inefficiencies in the cross-border withholding tax (WHT) process, generally a paper-based process where data could be lost or not shared properly due to privacy concerns. “

Regulators scrutinizing Tether's commercial paper reserves: Comptroller of the Currency

Tether is still under regulatory pressure with eyes now cast towards its commercial paper reserves. The firm behind the world’s leading stablecoin, Tether, is facing more regulatory pressure this week with US financial watchdogs scrutinizing the composition of its reserves.According to a July 27 Bloomberg report the Acting Comptroller of the Currency Michael Hsu said regulators are looking into Tether’s stockpile of commercial paper to see whether each USDT token really is backed by the equivalent of one US dollar.

Think Tank: Crypto Buyers Must Have Right to Claim Refunds

A report from a leading South Korean think-tank has concluded that crypto exchanges, banks and other institutions should be legally obliged to refund crypto investors in the event of the loss of private keys or bankruptcies. According to Aju News and Sports Seoul, the recommendations came in a paper authored by Kim Dong-hwan, a senior research fellow at the Korea Institute of

Auditors reveal USDC backing as Jim Cramer sounds alarm over Tether's mad money

Grant Horton has conducted an audit on USDC’s reserves and Jim Cramer has questioned what's going on with Tether's commercial paper reserves.

Fed and Yale researchers lay out 2 regulatory frameworks for stablecoins

Yale Professor Gary B. Gorton and Jeffery Zhang of the Board of Governors of the Federal Reserve System have co-authored a 49-page paper called, “Taming Wildcat Stablecoins.” The Federal Reserve’s ongoing research into central bank digital currencies, or CBDCs, has broadened to include stablecoins and whether they can be effectively regulated. In their paper, which was published in SSRN’s eLibrary on July 17, Gorton and Zhang argue that “privately produced monies” such as stablecoins are “not an effective medium of exchange because they are not always accepted at par and are subject to runs.” The authors then go on to propose solutions to address what they consider to be “systemic risks created by stablecoins.”After taking a deep dive into the history of private money, beginning with the Free Banking Era in the United States, a period from 1837 to 1864,  the researchers concluded that policymakers have two choices with respect to regulating stablecoins: make stablecoins equivalent to public money or introduce a CBDC, which entails taxing private stablecoins out of existence.With respect to the first choice, the government could require that stablecoins be issued through FDIC-insured banks or stipulate that all stablecoins be fully collateralized by Treasuries at the Federal Reserve.

China Reveals Digital Yuan White Paper: Smart Contracts, $5.4B Settled, Large Transfers Traced

The working group involved with the research and development of the digital yuan for the People’s Bank of China (PBOC) has published a paper describing the digital currency’s progress.

Cointelegraph Exclusive: Artist Damien Hirst says NFTs are like 'the invention of paper'

According to the British artist, NFTs are changing the world, but not always in the get-rich-quick way many media outlets report.

China's central bank says crypto gave impetus to the creation of its CBDC

A working paper released in English by the People's Bank of China cites cryptocurrencies as an important context for the digital yuan's development and reveals that the digital currency will use smart contracts to allow for programmability. Much attention has been paid to the global, geopolitical implications of China’s rapid and pioneering development of its digital yuan, also provisionally known as e-CNY.Yet in a new white paper published by the Working Group on E-CNY Research and Development of the People’s Bank of China (PBoC), the institution gave a more domestic-focused and technologically-driven vision of the new currency’s background and key objectives.Recapping the currency’s research and development timeline, the paper notes that the PBoC first set up a task force to study digital fiat currency back in 2014.

Damien Hirst Starts USD 20M Experiment - NFT vs. Paper

Damien Hirst’s The Currency. Continuing his dive into the realm of non-fungible tokens (NFTs), UK superstar artist Damien Hirst has created a collection of 10,000 art pieces that come with accompanying digital artwork.

AMBCrypto launches world's first cryptocurrency E-Paper

AMBCrypto, a cryptocurrency news portal announced the launch of the world’s first cryptocurrency E-Paper.

Pundits say Bitcoin’s brutal quarter could see Tesla report up to a $100M loss for Q2

Analysts believe reporting requirements may compel Tesla to announce a paper-drawdown of between $25 million and $100 million on its $1.5 billion Bitcoin bet.

No, Americans Aren’t Investing in Bitcoin Because They Hate Wall Street

The Bank of International Settlements published a research paper that claims to disprove the hyptothesis that crypto investors are “motivated by distrust in fiat currencies or regulated finance.”

Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May

Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to US reserve currency status long term." Prior to the Federal Reserve announcing it would release a discussion paper on a central bank digital currency, chairperson Jerome Powell met with Coinbase CEO Brian Armstrong.According to Powell's meeting calendar which was made public on Friday, the Fed chair held a 30-minute meeting with Armstrong as well as former House of Representatives Speaker Paul Ryan on May 11.

Bitcoin.org blocks access to Bitcoin software download in the UK

Apart from removing the white paper, Cøbra has removed access to Bitcoin software for site visitors from the United Kingdom. It is no longer possible to download the Bitcoin Core software from Bitcoin.org if you visit the website with a United Kingdom internet protocol (IP) address.

Crypto ownership has nothing to do with distrust in fiat: BIS study

Cryptocurrency owners are “generally more educated than the average,” according to a new study by the Bank for International Settlements. The Bank for International Settlements (BIS), a global financial institution owned by some of the world’s biggest central banks, is trying to dispel the theory that cryptocurrency ownership is linked to distrust in traditional finance.On Thursday, the BIS published a paper on the socioeconomic drivers of cryptocurrency investments in the United States.

Australian regulators seek public input on crypto ETPs

The Australia Securities and Investments Commission has indicated that Bitcoin and Ether are the only two crypto assets likely to meet its evolving criteria for a regulated crypto ETP. The Australia Securities and Investments Commission (ASIC) is seeking public feedback on on crypto-asset exchange-traded products (ETPs), stating that it is aware of rising interest and demand in their launch on regulated Australian markets.In a consultation paper released June 30, the regulator said its top priority was to assess whether the “unique and ever evolving features” of crypto-asset ETPs could meet existing regulatory obligations in a consistent fashion.

Craig Wright Wins Default Judgment Against Cobra — Bitcoin.org Forced to Remove White Paper

The self-proclaimed inventor of Bitcoin, Craig Wright, has won a default judgment in London’s High Court in his copyright infringement case against the pseudonymous operator of bitcoin.org.

Craig Wright Wins Bitcoin White Paper Copyright Case on Technicality

Craig Wright. Craig Wright, the Australian computer scientist who fails to back his claims that he's the Bitcoin (BTC) creator Satoshi Nakamoto, has won a legal battle with Cobra, the operator of the Bitcoin.org website.

Bitcoin Is Here to Stay, Says CoinShares’ CSO Meltem Demirors

Meltem Demirors sees the current collapse of the crypto market as a correction that will eliminate the ''paper hands.''

Nigerian secondary school will accept crypto payments despite regulatory uncertainty

"We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna. A private secondary school based near the Nigerian city of Kano has announced it will be accepting payments for school fees in cryptocurrency amid the country’s central bank banning financial institutions providing services to crypto exchanges.According to a Thursday report from local news outlet Kano Focus, the director of the New Oxford Science Academy in the Kano suburb of Chiranchi will allow students to pay for tuition fees in crypto.

Wealthiest Dogecoin Whale Loses Over $17,000,000,000 Amid Crypto Market Meltdown

The owner of the world’s richest Dogecoin (DOGE) address is counting paper losses running into billions of dollars following the collapse of cryptocurrency prices.

Hodlers see opportunity in Bitcoin price crash, CoinShares exec says

Meltem Demirors believes that the current Bitcoin price drop is a correction, and it is weeding out the paper hands. The downward trend in Bitcoin (BTC) price following the April all-time high might be worrying for first-time investors.

Taleb Releases a Dirty Swan Upon Bitcoin, Bitcoiners Were Fast to Clean It

Nassim Nicholas Taleb, an essayist and scholar, known for his book on the extreme impact of rare and unpredictable events, The Black Swan, released a paper on Bitcoin (BTC), with Bitcoiners jumping on what they deemed numerous inaccuracies.

B.Protocol announces v2 platform for DeFi liquidations

B.Protocol says v2 will optimize liquidations of “big debt” with significantly smaller capital requirements on decentralized finance lending platforms. Decentralized finance service B.Protocol has announced plans for a new version that will improve the liquidation of undercollateralized loan positions on lending platforms.In a release issued on Tuesday, the backstop liquidity protocol for DeFi lending platforms revealed that the upcoming v2 is based on a white paper for a novel Backstop automated market maker (B.AMM) written by a couple of anonymous community members.According to a blog post published by B.Protocol founder Yaron Velner the v1 design that utilized professional liquidators to share profits with users instead of miners was not sufficient to tackle the capital inefficiency problem.Unlike centralized exchanges like Binance that offer leveraged trading up to 100 times user deposits, the leverage ratio on decentralized exchanges (DEX) rarely exceeds five times.

South Africa Working Group Releases New Position Paper Calling for Regulation of Crypto Asset Providers

South Africa’s Intergovernmental Fintech Working Group (IFWG) has a released new position paper that calls for the regulation of the country’s cryptocurrency ecosystem.

Bitcoin part of highest risk category in Basel's new bank capital plan

The Basel Committee on Banking Supervision proposed tough requirements for banks that want to hold cryptocurrencies like Bitcoin. The Basel Committee on Banking Supervision (BCBS), a global committee of banking supervisors and central banks, has proposed new requirements for banks that want to hold cryptocurrencies like Bitcoin (BTC).In a consultation paper published Thursday, the committee provided preliminary proposals for the prudential treatment of crypto exposure by banks.The paper built on the contents of the committee’s 2019 discussion paper and responses received from various stakeholders and international industry figures.Crypto’s perceived volatility and potential for illicit use led the BCBS to recommend a 1,250% risk weight to Bitcoin.

Global banking regulator plans to hold consultation on crypto exposure

The group has previously warned of "financial stability concerns" and risks faced by banks when it comes to cryptocurrencies. The Basel Committee on Banking Supervision has said it will be publishing a consultation paper aimed at banks reducing their risk of exposure to crypto. According to the Switzerland-based Bank of International Settlements, or BIS, the Basel Committee will publish the paper on crypto exposure this week following its decision to hold a public consultation on the matter.

BoE tackles ‘difficult and pertinent’ questions about digital money

The Bank of England has published a new discussion paper that tries to gauge the systemic implications of both private stablecoins and a central bank digital currency. The Bank of England is continuing to devote significant resources to researching digital money in both private and public forms.

Green Bitcoin: The impact and importance of energy use for PoW

To achieve the goal of a green Bitcoin network, crypto mining companies should push for production with less use of fossil fuels. While writing the world's most famous white paper, Satoshi Nakamoto defined the Bitcoin (BTC) mining process.

‘Long Only’ Stategy Most Profitable for Crypto Hedge Funds: PwC Survey

The number of non-crypto hedge funds investing in the digital asset space continues to increase as 21% of such funds have done so, reads a PwC paper.

‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan  

Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one of Brazil’s far-left parties.

Vitalik Buterin Criticizes Elon Musk’s Idealistic Take on Cryptocurrency, Details Limits on Blockchain Scalability

Vitalik Buterin, one of the most renowned Ethereum founders, has rebuffed Elon Musk’s take on fixing cryptocurrencies in a new paper where he details the limits of blockchain scalability.

Vitalik Buterin Responds to Elon Musk on Why His Intention to Scale Crypto 10x Is Flawed

In a lengthy paper, Vitalik Buterin outlined the challenges of scaling a blockchain, as Elon Musk intends for Dogecoin, weighing some of the risks of doing so.

CBDC in US Context, Bitcoin's Value Based on 'Wishful Thinking' + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. CBDC news Federal Reserve Chair Jerome Powell announced that the US central bank will issue a research paper on a USD central bank digital currency (CBDC), along with asking for public opinion.

US Fed Aims To Publish Discussion Paper on CBDC This Summer

The US Federal Reserve will issue a discussion paper about CBDC this summer.

Tether discloses full reserve breakdown for the first time

Cash, cash equivalents, other short-term deposits and commercial paper make up 75.85% of Tether’s proven reserves as of March 31.

Ripple’s Partner Accenture Writes Paper With SWIFT On CBDCs

Ripple’s partner Accenture, the technology and business consulting firm, has published a paper with SWIFT on the potential for central bank digital currencies (CBDC) payment solutions.

Introducing Initial Staking NFT Offering, ISNO and its first project

When J.R. Willett unveiled “The Second Bitcoin White Paper” - the first whitepaper that introduced the concept of initial coin offering (ICO) in January 2012, none really paid any attention to the The post Introducing Initial Staking NFT Offering, ISNO and its first project appeared first on AMBCrypto.

Indian startup organization proposes regulatory framework for crypto

An internet startup association in India has asked the government to define cryptocurrencies like Bitcoin as digital assets and not currencies. IndiaTech.org, an industry association representing India’s consumer internet startups and investors, wants to provide clear definitions for the cryptocurrency industry. On Wednesday, the association released a white paper including a policy proposal with recommendations for a regulatory framework for crypto assets and crypto exchanges in India. The proposed framework suggests to define cryptocurrencies like Bitcoin (BTC) as digital assets and not currencies.

In crypto, sometimes the best thing you can do is nothing

Sit on those paper hands until they turn into diamonds. There exists a meme in the crypto world that goes something like this: “Whenever I buy, the market dumps, and whenever I sell, the market pumps.” Like a cliche, the widespread status of a meme is a sign that it contains an element of truth, as anyone who has spent five minutes on a trading site will have learned with great pain. Those who hold onto a dying coin for too long are considered delusional, while those who sell too soon are derided as having “paper hands.” In between are the estimated 1%–3% of day traders who actually make a profit. A confessional by one trader on social media site Reddit painted a vivid picture of paper hands at play on Thursday.

How Did Satoshi Nakamoto Remain Anonymous? A Detailed Look at the Bitcoin Creator’s Opsec

The creator of the world’s first successful blockchain network has been an enigma ever since the mysterious inventor released the white paper over 12 years ago.

‘DeFi may lead to a paradigm shift’ says Federal Reserve Bank paper

Ethereum has unleashed a wave of financial innovation.

Craig Wright Files Lawsuit Claiming Copyright Ownership of Bitcoin White Paper

Craig Wright, the self-proclaimed creator of Bitcoin, is filing a new lawsuit to establish copyright ownership of the original white paper that seeded the idea for the world’s leading cryptocurrency.

Craig Wright’s Law Firm Granted Permission from High Court to Serve Bitcoin.org Operator Cobra

On April 22, published documents stemming from law firm Ontier LLP show London’s High Court is granting the law firm permission to serve legal proceedings over copyright infringement against the owner of bitcoin.org, a pseudonymous operator called “Cøbra.” The legal proceedings involve “hosting and publishing” a copy of the academic Bitcoin white paper.

You can’t talk about blockchain and not bring up CBDCs and stablecoins

Economies are currently experiencing the development of brand new ideas around CBDCs, stablecoins or private digital currencies. Ever since the publication of Satoshi Nakamoto’s white paper back in November 2008, “Bitcoin: A Peer-to-Peer Electronic Cash System,” the term “blockchain” has been synonymous with digital currencies in the sense of the underlying technology that allows for the transfer of value, peer-to-peer.  What’s interesting is that the term “blockchain” is not used once in that white paper.

As Bitcoin's Taproot Nears, Ex-CIA Director's Paper Raises Privacy Concerns

Source: Adobe/wip-studio As a major privacy-related Bitcoin (BTC) upgrade took another step forward, the Cryptoverse is abuzz over a paper written by a former acting director of the US Central Intelligence Agency (CIA).

Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitcoin White Paper Claims

The Crypto Open Patent Alliance (COPA), a bitcoin industry working group focused on patent laws, has filed a civil lawsuit in the UK against Craig Wright.

COPA Sues Self-Declared Bitcoin Founder Craig Wright

Cryptocurrency Open Patent Alliance (COPA), an initiative created by Twitter CEO Jack Dorsey’s payment company Square, has moved to sue Craig Wright over the Bitcoin white paper.

Square’s COPA Sues Self-Proclaimed Bitcoin Inventor Craig Wright

The Bitcoin SV figurehead tried to enforce a copyright claim to the Bitcoin white paper.

Bitcoin Is More ‘Public’ Money than Central Bank-Issued Fiat Currencies

If you’ve read a research or policy paper from a government or central bank in recent years, you may have noticed an interesting distinction such institutions tend to make when it comes to money.

Blockchain-friendly Wyoming challenges Delaware's biz incorporation dominance

One business and law professor has argued that Wyoming’s liberal blockchain law could help the state compete with Delaware in the business incorporation arena. Amid the patchwork of state and federal regulations for crypto and blockchain firms, Wyoming seems to have established itself as a more progressive jurisdiction for companies involved in the novel technology. For Pierluigi Matera, professor of comparative law at the Link Campus University of Rome, these liberal blockchain laws could see the state chip away at Delaware’s preeminence in business incorporation in the United States. In a paper published on Thursday, Professor Matera argued that Wyoming’s targeted blockchain-friendly approach could pose a significant challenge to Delaware’s dominance. According to statistics from the Delaware government portal, 67.8% of all Fortune 500 companies are incorporated in the state with 1.5 million legal entities electing to be registered in the state. In the absence of federal incorporation laws in the US, Delaware has established itself as a hub for business incorporation with liberal corporate governance laws. In February 2018, Wyoming’s state legislature passed a bill exempting certain crypto tokens from securities regulations.

Taco Bell to Charmin: 10 Big Brands Jumping On The NFT Bandwagon

From tacos to toilet paper, you can now get your hands on non-fungible tokens from some of the world’s biggest brands.

Bitcoin’s next move, Elon Musk’s promotion, the toilet paper NFT: Hodler’s Digest, March 14–20

Coming every Saturday, Hodlers Digest will help you track every single important news story that happened this week.

NFTPs hitting bottom? Charmin joins in on the latest crypto craze

Who knew we'd still be competing to buy toilet paper in 2021? The non-fungible token market isn’t limited to digital sports collectibles and art connoisseurs — big brand names are getting in on the action too. Toilet paper manufacturer Charmin listed five different versions of its non-fungible toilet paper, or NFTP, for sale on Rarible’s marketplace today.

Market Bottom? Charmin Toilet Paper Drops Crypto Art NFTs

Branded toilet paper NFTs? It might signal the top of the current crypto collectibles surge, but at least it’s for charity.

Bitfinex users can now paper trade their custom algo strategies

Honey Framework users have more than tripled, according to Bitfinex.

DeFi who? NFTs are the new hot stars on the crypto block

NFTs are taking over from where DeFi left off, and data suggests asset tokenization will dominate 2021. The last bull run of 2017 was defined by the initial coin offering craze, which took a turn for the worse with foreseeable consequences for overvalued projects that had little more than a team and a poorly written white paper.

Crypto Industry Wins More Time For FATF Travel Rule

There may yet be some wriggle room for the crypto exchanges and other virtual asset service providers (VASPs) struggling to get their platforms ready for Travel Rule compliance – with the Financial Action Task Force (FATF) admitting that it may be prepared to budge on amending the guidance, which some claim is not fit for purpose. Per a paper from the American Treasury Department, the FATF has

Crypto Users Claim Popular Bitcoin Paper Wallet Generator Is Compromised, Millions Allegedly Stolen

A number of forum posts and tweets say that the website bitcoinpaperwallet.com is compromised and people have said they have lost bitcoin using the paper wallet generator.

Voting evolved: Blockchain tech outshines paper ballots and e-voting

The right kind of synergy between blockchain and biometrics will unleash the power of decentralized voting. Voting is a very important part of any democracy, as it gives its citizens the chance to participate in the democratic governance process.

5 Takeaways From Chia Network’s New White Paper

Chia wants to make at-home mining cool again (or at least easy).

IBM, Top Australian Banks Execute Country’s First Blockchain Bank Guarantee

By digitizing the normally paper process, the Lygos joint venture says it's shown it can speed up bank guarantee issuances.

Crypto Patent Alliance Questions Craig Wright’s White Paper Copyright Claim

Back in January, the notorious Craig Wright who claims to be Satoshi Nakamoto had his lawyers send letters to a number of websites like bitcoin.org telling them to remove the Bitcoin white paper hosted on their web portals.

Circling back to blockchain’s originally intended purpose: Timestamping

With the simple implementation of timestamping and blockchain, the internet may become a safer and more trusted place. What was blockchain technology originally intended for? It’s generally presumed that it was created in 2008 by Satoshi Nakamoto as part of his white paper, creating Bitcoin (BTC).

Square Counters Legal Threats From Self-Proclaimed Bitcoin Inventor

Craig Wright has been asking companies like Square to stop hosting the Bitcoin white paper citing a copyright claim.

Square Crypto-Led Consortium Challenges Craig Wright’s Bitcoin White Paper Claim

The response asks general questions of Craig Wright's claims.

Musk’s Doge, Bitcoin Tweets May Spur Double-Digit Returns - Report

Elon Musk. Billionaire and Tesla's head Elon Musk’s Twitter activity is not only stirring controversy, but it also triggers abnormal trading volumes and double-digit returns, according to a recent paper by the Blockchain Research Lab (BRL). Musk, owner of a Twitter account with 45.5m followers, continues to move markets through his never-ending stream of opinions on

Bitcoin’s Musk effect: Research shows how Elon moves cryptocurrency prices

If researchers are correct, cryptocurrency holders should hope that Elon Musk doesn't get bored of Bitcoin anytime soon. The effect of celebrity tweets on the cryptocurrency market has become a topic of study for researchers after a week in which Elon Musk triggered sizable price surges for both Bitcoin (BTC) and Dogecoin (DOGE). Blockchain Research Lab published a paper on Jan.

Economists: CBDCs to ‘Flop’ if They Aren't Designed as Stores of Value

Source: Adobe/Сергей Шиманович Central bank digital currencies (CBDCs) could become a store of value, a new paper claims – a move that could help them avoid becoming “a gigantic flop.” These were the findings of two economics experts at the University of Wuerzburg, in Germany, who published their findings on the VoxEU portal, a media outlet run by the EU’s Center for

Miami Uploads Bitcoin White Paper to Municipal Website

Mayor Suarez once again pledged to turn Miami into a "hub for crypto innovation."

Craig Wright's Anti-Bitcoin Attempts Just Helped Bitcoin

Craig Wright. Source: a video screenshot, Youtybe, CoinGeek The outspoken Australian, nChain Chief Scientist Craig Wright – the man who has angered much of the crypto world by claiming to be Satoshi Nakamoto, the author of the Bitcoin (BTC) white paper – appears to have bitten off more than he can chew with his efforts to hit sites hosting the paper with copyright infringement suits.

Why Estonia Has Begun Hosting the Bitcoin White Paper

The short answer: Probably because of Craig Wright.

Colombia, Estonia Upload the Bitcoin White Paper to Their Governmental Websites

More sites are hosting Bitcoin's founding white paper since Craig Wright's threatened copyright infringement lawsuit.

A Reading of Satoshi’s Bitcoin White Paper

The document that started it all, in audio form.

Bitcoin Developers Weigh the Costs of Defying White Paper Copyright Claim

Should anyone in an open source community have to bear the legal brunt of a seemingly senseless lawsuit?

Blockchain Bites: Clearing the Record on Yellen’s Crypto Concerns and the Bitcoin Double-Spend Fracas

The efficient market hypothesis butts up against bitcoin's volatile day while Bitcoiners show solidarity in hosting the white paper.

What Is the Bitcoin White Paper?

A technical manifesto, the Bitcoin white paper was released in 2008 under an MIT public license for all to learn from, share and enjoy.

Why Everyone From Square to Facebook Is Now Hosting the Bitcoin White Paper

The uploads come in response to legal threats by Craig Wright.

Bitcoin Websites Asked to Remove White Paper After Craig Wright Claims Copyright Infringement

During the last few days, the cryptocurrency community has been discussing the recent action taken by Craig Wright’s lawyers against web portals that host the original Bitcoin white paper.

Bitcoin.org Rebuts Craig Wright’s ‘Meritless’ Copyright Claim on Bitcoin White Paper

The open-source project said it would not comply with Wright's demand to take down its copy of the iconic founding document.

Building a Decentralized and Uncensorable Internet — The Nexus Protocol

PRESS RELEASE. On December 21st, 2020, the Nexus Protocol white paper was released.

Paper, PC, or Online? How you can choose a wallet

When people hear the word cryptocurrency, the thought "complicated and unexpected" comes into mind.

UK Treasury Paper Says Stablecoins Play “Important Role” in Economy

The UK government is seeking consultation until March 21, 2020, on a regulatory proposal that explores the scope and regulation of stablecoins.

Bull Run Democracy, Revisited

In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets.

1,000 Decade-Old Dormant Bitcoins Moved Today on Bitcoin’s 12th Anniversary

12 years ago, Bitcoin’s inventor Satoshi Nakamoto launched the network after revealing the cryptocurrency concept via the white paper a few months prior.

Space invaders: Launching crypto into orbit

"The idea is that if you can provide a root of trust that is literally in outer space, you have something that has an unprecedented level of security because this is a fully tamper-proof Trusted Execution Environment." At first glance, an out-of-this-world plan to launch a network of crypto satellites into space, sounds like one of those grandiose ideas that never got much further than a vague outline in an ICO white paper back in 2017. But when the plan comes from a team including a Google X engineer and the co-founder of the first private mission to reach the moon, the project suddenly seems a lot more feasible. The idea behind CryptoSat which was indeed first outlined in a November 2017 paper is to build a prototype nano-satellite the size of a coffee mug and launch it into outer space, where it can act as a perfectly isolated and secure cryptographic module. Once the concept is proven sometime next year hopefully an entire constellation of CryptoSats can be launched to orbit the Earth, providing blockchain infrastructure that can be used for everything from mining to timestamping documents. While it isn’t the first project to combine blockchain and space Blockstream and SpaceChain do as well CryptoSat has some unique features and an impressive core team. Well that sounds expensive As private space programs scale up, its become surprisingly affordable to build a ‘CubeSat‘ using off-the-shelf components, and then book some spare capacity on a launch to get it into orbit.

What Is Good Money?

From salt and rice to gold and paper notes, money has taken many forms over the ages.

How should investors value DeFi projects? A new paper might have some answers

A recent paper from a team of DeFi researchers proposes a new conceptual framework for liquidity mining. A new paper released on Thursday from a team of crypto researchers hopes to add to a body of work that will eventually identify “the Black-Scholes of decentralized finance (DeFi)” — an equation that will allow investors and users to properly value DeFi projects and potential profit/loss metrics in popular DeFi verticals such as liquidity mining.  Why is such an equation important? At first blush,  liquidity mining is simple enough to explain: in exchange for providing liquidity to automated market makers like Uniswap, users are rewarded with trading fees or governance tokens, often denominated in APY percentages. However, users suffer "impermanent losses" related to fluctuations in demand for the trading pair, and a simple APY calculation on a user interface frontend isn't sufficient to paint a full picture for what the gains might look like for liquidity providers.  According to research from Tarun Chitra, founder and CEO of DeFi risk analysis firm Gauntlet.Network and one of the three co-authors of When does the tail wag the dog? Curvature and market making, liquidity mining is best thought of as a complex derivative. ⚠️ Paper Alert ⚠️Q: Have you wondered about math for the following?a) Optimal token qty to emit for yield farming incentivesb) Hedging impermanent loss w/ optionsc) When do LPs not get rekt?A: New paper from moi, @alexhevans, @GuilleAngeris https://t.co/VeJjtSK038— Tarun Chitra (@tarunchitra) December 17, 2020 “Most passive investment products often times have non-trivial derivatives-like exposure.

Bitcoin’s Inception: A 340-Page Book Compiles All of Satoshi’s Writings in Chronological Order

Bitcoin’s mysterious creator, Satoshi Nakamoto, first appeared on the web when the software programmer (or programmers) published the Bitcoin white paper on Halloween 2008.

DeFi community raises centralization concerns over Compound Chain

Ethereum proponents and DeFi enthusiasts alike have panned plans by Compound Finance to launch its own blockchain in 2021. DeFi lending protocol Compound published a white paper on Thursday introducing Compound Chain, a new blockchain aimed at providing cross-chain value transfer capability.

Visa Proposes Method for Offline Digital Currency Payments

The payments giant has released a paper looking at the benefits of central bank digital currencies—and how they could be used offline.

Germany legalizes digitized securities

Europe's largest economy is looking to pave the way for securities trading on the blockchain. The German word for securities is wertpapieren, or "papers of worth," which may soon be as outdated as nocturnal traders saying they're burning the midnight oil. Per a Reuters report from Wednesday, Merkel's cabinet had passed a new law that will end the requirement to have a paper certificate for sale of a security, overtly looking to advance blockchain trading within the country. German Finance Minister Olaf Scholtz reportedly said, “The paper certificate may be dear to some for nostalgic reasons, but the future belongs to its electronic version.” The Finance Ministry called the shift to all-electronic securities a component of its broader blockchain strategy. While the German Finance Ministry and BaFin, its financial watchdog, are some of the most assertive in Europe, the country is at the forefront of security token adoption among major economies.

OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers

The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers, as well as to the firms themselves.

Blue Sky: How’s Twitter’s project to decentralize itself going?

A new paper imagines that if Bitcoin’s invention had preceded Twitter’s birth, the social network could have been decentralized and sidestepped many problems.

Chainlink, World Economic Forum Want to Standardize Crypto Oracles

Chainlink and the World Economic Forum have proposed industry standards for decentralized oracles in a new academic paper, making a bold case for...

How One Bitcoin Options Trader Turned $638K Into $4.4M in 5 Weeks

As bitcoin rallied from $13,400 to over $19,000, a trader who bought the $36,000-strike January expiry call saw a paper profit of more than $4 million.