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…
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…
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…
Blaming Crypto for Bank’s Epic Failure Questioned by U.S. Senator
On May 16, the Senate held a hearing to examine the recent bank failures that rocked the United States financial system. One of the witnesses is Scott Shay, the former chairman, and co-founder of Signature Bank. Senator Cynthia Lummis, a…
Optimism Latest Bedrock Upgrade Promises Cheaper Fees
Optimism, a layer 2 of the Ethereum (ETH) Network, is rolling out its Bedrock upgrade. The upgrade aims to improve the transaction cost, performance, and security of the network. This is expected to happen on June 6, 2023. All transactions…
Zimbabwe Innovative Gold-Backed Crypto to Fight Woes
The African Country of Zimbabwe has launched its new gold-backed crypto to help the state with its economic challenges. Zimbabwe is experiencing high inflation, which is affecting its citizens. Zimbabweans are swapping their local currency in favor of the U.S.…
Altcoins at a Glance – Important Updates for the Week
Welcome back to Altcoins at a Glance. Bitcoin is the king of crypto, but we have thousands of other projects trying to jostle for our attention. No single person can keep up with all these projects, so we decided to…