Top news of the week: 07.09.2022.
There’s a New Platform for Bitcoin-Backed Borrowing and It’s Courting Banks to Lend
Max Keidun, CEO of non-custodial bitcoin exchange Hold Hodl, is launching a decentralized platform for stablecoin and fiat loans with Casa, Blockstream, Bitfinex and others.
El Salvador Bitcoin bond delayed due to security concerns: Tether CTO
Paolo Ardoino confirmed that the final draft of the bill is ready, and they are expecting the bill to be passed in the next couple of weeks.
Human Rights Foundation Donates $325,000 In BTC For Bitcoin Development
HRF made eight donations in BTC to further censorship-resistance, open-source solutions, Bitcoin Core development and other initiatives in the ecosystem.
FBI seeks Bitcoin wallet information of ransomware attackers
Using wallet addresses, authorities can backtrack illicit transactions on Bitcoin’s immutable blockchain without worrying about the trail going cold.
CBDCs require governments to put a special focus on security
Any nation implementing a CBDC in the near future must make sure it’s ready to defend its digital assets and, most importantly, its private keys.
Repurposing Bitcoin mining heat can solve global energy crisis: Arcane
Owing to low cost of reacting, Bitcoin mining complements the growth of wind and solar grids, which often produce unstable and non-controllable energy.
Australian Treasury consults public on Bitcoin foreign currency tax exclusion
Australia plans to minimize the potential uncertainties related to taxing cryptocurrencies through this legislation.
Bitcoin Bets Look Bearish as Futures Trading Hits Record Level
The number of outstanding futures and perpetual contracts on bitcoin rises to a record, and traders are paying up to bet on further price declines – in a market that's already bearish.