Louisiana State Treasurer, John Fleming, M.D. has announced that the state government will now accept Bitcoin, Bitcoin Lightning Network, and USD Coin, as a valid form of payment for state services. The first cryptocurrency payment was made to the Louisiana Department of Wildlife and Fisheries today. BREAKING: 🇺🇸 Louisiana state government now acce
Fractal Bitcoin: A Misleading Affinity
Fractal Bitcoin is a recently launched project that bills itself as “the only native scaling solution completely and instantly compatible with Bitcoin. In essence it is a merge mined system portraying itself as a second layer sidechain for Bitcoin, where multiple levels of “sidechains” can be stacked on top of each other. So think of […]
Federal Reserve Cuts Interest Rates by 50 Basis Points to Address Economic Uncertainty
The Federal Reserve made a significant decision today by cutting interest rates by 50 basis points, lowering the federal funds rate target range to 4.75%-5%. The move, the first substantial cut in over four years, reflects concerns over the state of the U.S. economy, despite continued reported economic expansion. BREAKING: 🇺🇸 Federal Reserve cuts i
How to Trade Futures on BingX
BingX simplifies futures trading for both beginners and pros. Follow this guide to learn how to trade futures on BingX in 2024, manage leverage, and apply risk management strategies. The post How to Trade Futures on BingX appeared first on Coinbackyard.
“PickleBit”: Proof of Workforce, Fold, and Pickle Pop Partner on Pickleball Tournament, Offer Bitcoin Prize Pool
The Santa Monica-based non-profit Proof of Workforce Foundation has partnered with Bitcoin financial services company Fold and Pickle Pop to organize a Bitcoin-themed Pickleball tournament, offering a $5,000 prize pool for entrants and winners. The tournament is slated to be held on October 18 in Santa Monica, California during the Peer to Pier Bit
River Secures Over $800 Million Worth of Bitcoin, Launches Proof of Reserve
River, a leading U.S. Bitcoin exchange, has launched River Proof of Reserves to provide clients with verifiable proof that their Bitcoin holdings are fully reserved. This sets a new transparency standard for the industry after recent failures of exchanges like FTX shook consumer trust. River CEO Alex Leishman stated, “River Proof of Reserves
Samourai Wallet Founder Stays Under House Arrest After Evidence of Escape Plans
Keonne Rodriguez, founder of Samourai Wallet, was denied a request to change his bail conditions by a Southern District Court of New York judge. He faces charges of money laundering conspiracy and operating an unlicensed money-transmitting business.
Revolut Expands Crypto Offerings with Planned Stablecoin Launch
Fintech giant Revolut is planning to launch its own stablecoin, Coindesk reported, citing sources familiar with the matter. With plans to strengthen its crypto-asset offerings, the London-based firm aims to join PayPal, Ripple, and BitGo in the highly profitable stablecoin market. Insiders suggest the firm is positioning itself as a key player in t
Fake Followers Scandal: Crypto Influencer’s Award in Question
Crypto influencer Professor Crypto is under fire after allegations surfaced suggesting he used bots to boost his social media influence.
Vitalik Buterin Discusses Ethereum Progress and Sings at Token2049 in Singapore
Ethereum co-founder Vitalik Buterin took the stage at Token2049 in Singapore, drawing attention to a major milestone in Ethereum’s evolution—the drastic reduction in Layer-2 (L2) transaction fees.