Terra (LUNA) Founder claims to become Largest Bitcoin Holder
Terra’s Founder Do Kwon said that the company would become the world’s largest Bitcoin (BTC) holder in the future. Do Kwon claims to become the largest Bitcoin holder after Satoshi Nakamoto by continuously purchasing Bitcoin for building reserves for the UST stablecoin. The LUNA Foundation Guard (LFG), a non-profit for the Terra ecosystem will buy […]
Crypto Industry Meets Ahead of EU Crypto Regulation
Crypto industry representatives are aiming to limit the proposal’s potentially harmful influence on the sector’s development as the European Union institutions continue to debate on the controversial Transfer of Funds Regulation (TFR). The rule might open the door for a crackdown on “unhosted wallets,” or just plain crypto wallets, among other things. Every transfer of […]
ETH Whale Adds 421 Billion SHIB Tokens Ahead of Big Announcement
The biggest Ethereum (ETH) whales have been amassing the Shiba Inu (SHIB) token in anticipation of the upcoming announcement. According to WhaleStats , one of the ETH whales named ‘Gimli’ purchased over $11.3 million worth of 421.3 billion SHIBs. The whale added a hefty sum of Shiba Inu coins in just two transactions. ETH whales […]
ECB to Scrap anonymous Bitcoin Payments
The ideas for a future central bank digital currency are being made as European Central Bank (ECB) lawmakers seek to ban anonymous bitcoin payments. According to a senior member of the European Central Bank, a proposed new digital euro would allow anonymous transactions for minor amounts notwithstanding anti-money laundering regulations. In contrast to proposed rules for […]
Bitfinex Receives USD 0.5B from Users on El Salvador’s Bitcoin Bonds
Bitfinex, a crypto trading platform that will host the issuance of El Salvador’s much-discussed bitcoin (BTC) bond, has confirmed “half a billion dollars” worth of interest already received from its customers. According to the Financial Times, Bitfinex Chief Technology Officer Paolo Ardoino said: “Some of our users have proactively reached out to us to express […]