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Bitcoin
Bloxroute to Reject Blocks With OFAC Flagged Transactions
Bloxroute, a company that provides relaying services, has declared that it will start rejecting block bids with transactions from wallets part of the Office of Foreign Assets Control (OFAC) Specially Designated Nationals And Blocked Persons…
Paxos Expands to Solana Following NYDFS Nod, Widening Stablecoin’s Horizon
The tokenization and stablecoin platform Paxos has revealed plans to broaden its stablecoin issuance to the Solana blockchain. The company, which oversees the pax dollar (USDP), anticipates that Solana-issued USDP will be publicly available…
Protocol Village: Fountain, Podcast App With Bitcoin Lightning Network Payments, Launches Redesign
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Dec 21-Jan. 3. (EDITOR'S NOTE: We will be taking much-needed time off around the end of the year, so updates will be less frequent. Happy holidays!)
First Mover Americas: Optimism’s OP and Solana Rally
The latest price moves in bitcoin and crypto markets in context for Dec. 22, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.
Report: Nigerian Currency Plunges to New Low Versus the US Dollar
The official exchange rate of the Nigerian currency versus the U.S. dollar recently plunged to a record low of 1,248 naira for every greenback. The governor of the Central Bank of Nigeria has told the country’s legislators that he…
Crypto Payment Provider Alchemy Partners Payment Processor Worldpay
The fiat-crypto payment gateway Alchemy Pay recently revealed that it has partnered with Worldpay in a move that gives its users to access Worldpay’s Visa and Mastercard payment rails via its on and off-ramp service. Alchemy said its users…
New York Offers New Virtual Currency Guidance
On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include…
‘If You Want to Understand Bitcoin’s Value, Look at Politicians’ Hate Toward It,’ Says Sean Ono…
Sean Ono Lennon, the acclaimed American-British musician and son of Beatles icon John Lennon, revisited the subject of bitcoin on social media platform X, formerly known as Twitter. He poignantly observed, “If you want to understand…
Ministry of Information and Technology of China to Formulate New Web3 Strategy
The Ministry of Information and Technology of China has agreed to formulate a new strategy for the Web3 field to improve the state of the industry in China. The initiative comes as an answer to a proposal made at the 14th Chinese…
Bank of China Completes First Precious Metal Digital Yuan Settlement
The Shanghai branch of the Bank of China has completed the first settlement of precious metals using the digital yuan. The transaction, finalized on December 19, allowed the Shanghai Gold Exchange to close a $14 million precious metal trade…