El Salvador’s President Tells Peter Schiff Benefit of Switching Gold Reserves to Bitcoin – Finance Bitcoin News

The president of El Salvador, Nayib Bukele, has revealed that his country holds 44,106 oz. of gold in its reserves that has lost some value over the past year. He…

ECB Paper Marks Success Factors for CBDCs, Digital Euro – Finance Bitcoin News

A paper published by the European Central Bank (ECB) discusses various conditions for successful implementation of central bank digital currencies (CBDCs) such as the eurozone’s own digital euro. The authors…

Retail Giant Newegg Confirms Shiba Inu ‘Coming Soon’ as AMC Theatres Gets Ready to Accept SHIB Payments – Finance Bitcoin News

A major tech-focused e-commerce platform, Newegg, has announced that SHIB is coming soon to its platform. Newegg currently accepts cryptocurrencies via Bitpay. The crypto payment service provider is expected to…

Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says – Finance Bitcoin News

Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge,…

DeFi’s quest to reimagine finance must come from a community-based design

Crypto has seen a rise in novel uses of liquidity mining and rewards through protocols like Uniswap, Aave and Compound. More recently, a new crop of DeFi 2.0 protocols such…

Ripple to launch ‘Liquidity Hub’ for finance firms that want to offer crypto trading

Fintech firm Ripple has announced a new service aimed at finance companies that will allow them to offer cryptocurrency trading to customers. Ripple unveiled the Liquidity Hub service in a…

Digital Euro Should Be Attractive But Not ‘Too Successful,’ ECB’s Panetta Says – Finance Bitcoin News

The digital euro should be an attractive means of payment but its design should prevent it from becoming so successful as a store of value that it threatens banks and…

Square’s Cash App Generates $1.8 Billion in Bitcoin Revenue, BTC Profit up 29% in Q3 – Finance Bitcoin News

Square Inc. has reported bitcoin revenue of $1.82 billion in the third quarter, an 11% increase from the same period last year. Its bitcoin gross profit was $42 million during…

South African Finance Minister Seeks to Stop Pension Funds From Investing in Cryptocurrencies – Regulation Bitcoin News

South African finance minister Enoch Godongwana has put forward proposals that bar pension funds from investing in cryptocurrencies, and has also set November 12 as the public comment deadline. Cryptocurrencies…

Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z – Finance Bitcoin News

Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round…