Balaji Srinivasan, the former Coinbase Chief Technology Officer (CTO), has revealed a frightening scenario where crypto keys are hacked by government-sanctioned backdoor attacks. He pointed out a future possibility that bankrupt governments do not have enough Bitcoin to fund their…
Banking Commissioner Strikes Settlement with Bitcoin of America
Connecticut’s Banking Commissioner Announces Major Settlement with Bitcoin of America The Department of Banking in Connecticut, under the leadership of Banking Commissioner Jorge Perez, has successfully negotiated a settlement with the popular cryptocurrency organization, Bitcoin of America. The company had…
Charles Hoskinson Accuses Ethereum Classic of Scam Tactics After Excluding Ergo from PoW Summit
Charles Hoskinson, co-founder of the renowned Cardano blockchain, has stirred controversy in the cryptocurrency community by calling Ethereum Classic (ETC) a “scam.” This accusation came in response to the alleged exclusion of the Ergo platform from the Proof-of-Work (PoW) Summit.…
Bitcoin Will be an Inviolable Right Under Kennedy’s Presidency
Democratic Presidential Candidate Robert F. Kennedy Jr. made a public appearance as a White House contender at the Bitcoin 2023 conference in Miami, Florida. He announced his exciting plans to support Bitcoin as a tool for protecting freedom in the…
Altcoins at a Glance – Latest Updates on Your Favorite Coins
Welcome back to Altcoins at a Glance, where we condense news about your favorite crypto projects. Aside from Bitcoin, there are thousands of other crypto projects, and nobody has the time to monitor them all. So here at Cryptonewsbytes, we…
Shiba Inu has New SHIB-themed Worry-free Cold Wallet
Shiba Inu, a top meme coin, has partnered with Tangem to produce a SHIB-themed cold wallet. Tangem is known for producing hard wallets that look like ordinary credit cards. The crypto wallet can be pre-ordered starting May 29, 2023. The…
Robert F. Kennedy Jr. Becomes First Presidential Candidate to Accept Bitcoin Donations
Robert F. Kennedy Jr. has paved the way for a new form of political campaign financing, becoming the first presidential candidate to accept Bitcoin donations. This innovative move reflects the growing mainstream acceptance of cryptocurrency and its potential to revolutionize…
Global Expansion and USDT Support: Strike Unveils Major Developments at Bitcoin 2023 Conference
During the Bitcoin 2023 conference, mobile payments application Strike announced several exciting developments. Notably, the company announced a global expansion plan and the introduction of Tether (USDT) support. These updates highlight Strike’s determination to enhance its services and improve Bitcoin’s…
Crypto Clarity Sought in New Bill
Congressmen Tom Emmer and Darren Soto have introduced the Securities Clarity Act. The bill seeks to clarify the classification of digital assets. It aims to exclude investment contract assets from the definition of security. It will also provide certainty for…
Will Crypto Companies Be Enticed by France’s Attractive Regulations?
The cryptocurrency industry was created out of the necessity to overhaul traditional finance. But it seems like the road to adoption is blocked by obstacles. The United States government and regulatory bodies seem to treat crypto as a risky endeavor…