Goldman Sachs Backs the Clarity Act, Splitting Wall Street Over Crypto Rules
Bitcoin Magazine Goldman Sachs Backs the Clarity Act, Splitting Wall Street Over Crypto Rules Goldman Sachs chairman and CEO David Solomon has thrown his support behind the Clarity Act, the crypto market-structure bill moving through the Senate, a stance that sets one of Wall Street’s largest banks apart from rivals lining up against it. “I’m […]
Coinbase Builds Post-Quantum Custody System, Funds Bitcoin’s Crypto Upgrade
Bitcoin Magazine Coinbase Builds Post-Quantum Custody System, Funds Bitcoin’s Crypto Upgrade Coinbase is preparing for future scenarios where quantum computers may be able to crack Bitcoin’s current cryptography. America’s biggest crypto exchange said Thursday that while the threat isn’t imminent, hard problems — such as migrating millions of users and coordinating protocol upgrades across decentralized […]
Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners
Bitcoin Magazine Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners Kazakhstan has laid out a plan to build a national strategic crypto reserve fed by its bitcoin miners, part of a two-step push by President Kassym-Jomart Tokayev to pull the country’s large mining industry into a regulated, state-supervised system. A presidential […]
Crypto Derivatives Exchange BitMEX To Shut Down in September
Bitcoin Magazine Crypto Derivatives Exchange BitMEX To Shut Down in September Crypto exchange BitMEX will close down in September, according to a Thursday announcement on the company’s website. The exchange said that after “a strategic review of the business and the broader crypto industry, the board of HDR Global Trading Limited, owner and operator of […]
BlackRock, Coinbase, Strategy Among Nine Firms Launching the Bitcoin Security Consortium, Pledging $15 Million To BTC Security Development
Bitcoin Magazine BlackRock, Coinbase, Strategy Among Nine Firms Launching the Bitcoin Security Consortium, Pledging $15 Million To BTC Security Development Nine of the largest names in institutional Bitcoin launched the Bitcoin Security Consortium on Thursday, a group backed by $15 million in member pledges over three years to fund work on the network’s long-term security, […]
Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq
Bitcoin Magazine Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq BancaStato, the cantonal bank of Ticino in southern Switzerland, has launched regulated crypto trading, a service that lets clients buy, hold, and sell bitcoin from the bank’s existing web and mobile apps, the digital asset bank Sygnum said on Thursday. The bank connected […]