Historic legacy bank enables Brazilians to pay taxes using crypto

Ad Brazilian bank Banco do Brasil and crypto firm Bitfy will enable Brazilian taxpayers to pay their taxes using cryptocurrencies. Banco do Brasil is the country’s oldest bank and among the world’s... Read more »

2022 realized cap drawdown was second worst in Bitcoin’s history

Analyzing Bitcoin’s market cap shows that the 2022 bear market brought the fourth worse drawdown from the all-time high in its history. Bitcoin’s drop to $15,500 represents a 76.92% drawdown from its... Read more »

Unpacking the basics of Bitcoin nodes and Taproot functionality – BitTalk6

BitTalk will be moving to a weekly format from Feb. 11 BitTalk is back with episode 6, exploring the latest developments in the Bitcoin network. In this episode, James, Nick, and Akiba... Read more »

PayPal puts its stablecoin project on hold

Ad Payments giant PayPal has paused work on a potential upcoming stablecoin, Bloomberg News reported on Feb. 10. A representative of the company told Bloomberg: “We are exploring a stablecoin…If and when... Read more »

Kraken co-founder Jesse Powell comments on staking and SEC settlement

Ad Jesse Powell, co-founder and exiting CEO of Kraken, commented on his company’s decision to halt its U.S. staking services in a series of tweets on Feb. 9. Kraken leader comments on... Read more »

Ordinal Punks NFTs called out as ‘sketchy’

Ad Anonymous Twitter account TheNorwegian expressed concerns about Ordinal Punks NFTs, asking, “[is this] the biggest NFT scam of all time?” On Feb. 9, CryptoSlate reported on the rising popularity of Ordinal... Read more »

Move over Hydra, OMG!OMG! is the darkweb’s latest trojan horse

Ad A new Chainalysis report has found that sanctions have not dampened the presence of darkweb marketplaces that traffic illicit drugs and services on the internet. The report found an unusual decline... Read more »

UK’s most violent prisoner Charles Salvador ‘Bronson’ set to release NFT collection

Ad Charles Salvador ‘Bronson,’ who was first imprisoned in 1974 for armed robbery and has since become known as the UK’s “most violent” prisoner, is launching an NFT collection that features his... Read more »

Genesis-backed Coin Cloud files for bankruptcy on its ATM network

Cryptocurrency ATM company Coin Cloud has filed for bankruptcy, according to a document submitted to Nevada’s bankruptcy court on Feb. 7. Coin Cloud has up to 10,000 creditors, according to the filing.... Read more »

Britcoin CBDC touted as replacement to cash by Bank of England

The UK plans to impose a cap of between £10,000 to £20,000 ($12,017 to $24,033) for initial digital wallet holdings as it pushes forward with plans to introduce a Central Bank Digital... Read more »