Winklevoss twins refunded for exceeding Bitcoin donation limit to Trump

It is uncertain whether the Trump 47 Committee, returned the amount in Bitcoin or converted it to its equivalent value in cash.

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Bitcoin Core Announces Unilateral Removal of Controversial OP-Return Limit

Bitcoin Core developers have made the decision to unilaterally remove the controversial OP_RETURN limit. The OP_RETURN function allows additional data to be stored in a Bitcoin transaction, but previously there was a cap on the amount of data that could be included. This limitation was seen as hindering innovation on the Bitcoin network and restricting [...]

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Bitcoin Surges as Traders Identify Chinas Weak Yuan Chart, Despite US Trade War Limiting $80K BTC Rally

Bitcoin is seeing a resurgence in value as traders take notice of a weakening yuan in China. The charts are showing a positive trend for the cryptocurrency, but the ongoing trade war between the US and China is limiting its potential for an $80,000 BTC rally. The digital currency market has been experiencing ups and [...]

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OpenSea debuts ERC-721C standard for programmable creator earnings

OpenSea has debuted its integration with ERC-721C, a new standard that enables programmable earnings for NFT creators.

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Pro Traders Show Limited Interest in Buying ETH Despite Potential Bottoming Out of Ethereum Price

The Ethereum market appears to have hit a possible low, but professional traders are not rushing to buy ETH, according to recent data. Despite a slight uptrend in Ethereum’s price, data indicates that professional traders are not showing a significant interest in purchasing ETH at current levels. This cautious approach suggests that there may be [...]

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How Stablecoins are Taking Over: Unveiling the Limitations of US Banking Jerald David

Stablecoins’ Dominance in the US Banking Sector: An Analysis by Jerald David The rise of stablecoins in the US banking sector has brought about a significant shift in the financial landscape. These digital assets, pegged to traditional currencies like the US dollar, have gained popularity due to their stability and ease of use in transactions. [...]

The post How Stablecoins are Taking Over: Unveiling the Limitations of US Banking – Jerald David appeared first on Crypto Breaking News.

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EU Lawmakers Vote to Impose €1,000 Limit on Unidentified Crypto Transactions

EU lawmakers have voted in favor of imposing a €1,000 limit on crypto transactions where the customer cannot be identified. “Entities, such as banks, assets and crypto assets managers, real and virtual estate agents, and high-level professional football clubs, will be required to verify their customers’ identity, what they own and who controls the company,” [...]

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OpenAI Implements Limiter to Prevent GPU Overheating from Ghibli-tsunami

Sam Altman, the CEO of OpenAI, recently shared a fascinating story about the unintended consequences of utilizing powerful GPUs for AI computation. Altman recounted how their GPUs started melting due to the immense workload created by analyzing Studio Ghibli films after a tsunami of interest in the animations. The influx of data and demand for [...]

The post OpenAI Implements Limiter to Prevent GPU Overheating from Ghibli-tsunami appeared first on Crypto Breaking News.

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Texas Legislator Proposes Limiting States Bitcoin Purchases to $250 Million

Texas is taking steps towards recognizing Bitcoin as a reserve asset. A recent legislative proposal aims to create a framework for the establishment of Bitcoin reserves by banks and financial institutions in the state. This move could potentially boost the adoption and acceptance of cryptocurrencies in the traditional financial sector. The bill, introduced by Texas [...]

The post Texas Legislator Proposes Limiting State’s Bitcoin Purchases to $250 Million appeared first on Crypto Breaking News.

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Economist Peter Schiff Blasts Debt Ceiling Deal, States National Debt Might Increase by $4 Trillion in the Next Two Years

Peter Schiff, the chief economist of Europac and best-selling author, has blasted the recent bipartisan deal regarding the United States debt ceiling. According to Schiff, the proposal fails to address the already inflated budget, allowing rises in several budget areas without supervision, which could increase the U.S. national debt by at least $4 trillion in

The post Economist Peter Schiff Blasts Debt Ceiling Deal, States National Debt Might Increase by $4 Trillion in the Next Two Years appeared first on BTC Ethereum Crypto Currency Blog.

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Implications as Debt Limit Deal Omits Biden’s Crypto Tax

30% crypto mining tax has been discarded as part of in-principle debt limit deal reached by Biden and McCarthy.

Continue reading at DailyCoin.

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Binance Reportedly Removes Restrictions on Russian Users

The world’s largest crypto exchange, Binance, has lifted certain restrictions on Russian users, local crypto media unveiled. According to multiple reports, Russians can once again use their bank cards to make deposits and the trading platform has canceled a limit on their balances which was introduced in compliance with European sanctions. Russian Cards, Including Visa

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Coinbase wants devs to build inflation-pegged ‘flatcoins’ on its new ‘Base’ network

Crypto exchange Coinbase sees inflation-pegged “flatcoins” as one of four “critical” innovations that should be built on its recently launched layer-2 network Base. The other three include an on-chain reputation system, an on-chain limit order book (LOB) exchange, and tools that make the decentralized finance (DeFi) ecosystem safer.  The trading platform outlined the four areas [...]

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Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback

As the stablecoin market economy witnessed a loss exceeding $3 billion within a 40-day span, several fresh stablecoin endeavors are emerging. Binance, the globe’s leading exchange by trade volume, unveiled three new trading pairs attached to a stablecoin labeled first digital usd (FDUSD) in a recent blog post. However, the exchange temporarily halted FDUSD listings [...]

The post Binance Introduces FDUSD Listing Amid Stablecoin Market Decline, Faces Initial ‘Technical’ Setback appeared first on Crypto Breaking News.

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Putin Wants Limit on Currency Purchases for Russians Dealing With Foreigners

Russian citizens and firms doing business abroad may soon be restricted in the amount of foreign currency they are allowed to acquire, on order from Vladimir Putin. Russia’s head of state now wants his government to cap such purchases on the domestic forex market. President Putin Orders Russian Authorities to Limit Foreign Currency Purchases Russian [...]

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Republicans Seek to Repeal Biden’s Inflation Reduction Act in Exchange for Raising US Debt Limit

There has been a lot of commentary concerning the U.S. raising its debt limit, as Treasury secretary Janet Yellen said last month that a U.S. default would be “devastating,” and European Central Bank president Christine Lagarde warned it would be a “major disaster” if the U.S. defaulted on its obligations. It now appears that Republican [...]

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Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’

More controversial changes are coming to Twitter, with the social media platform set to introduce daily direct message (DM) limits for unverified users. In a July 21 tweet, Twitter Support stated that the platform will “soon be implementing some changes in our effort to reduce spam in Direct Messages.” “Unverified accounts will have daily limits [...]

The post Twitter to impose daily limits on DMs for unverified accounts, citing an effort to ‘reduce spam’ appeared first on Crypto Breaking News.

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Vitalik Buterin highlights Ethereum (ETH) consensus limitations

Ethereum (ETH)‘s co-founder recently published a blog warning against overloading the Ethereum consensus. The post revealed several developers and users watching to ensure correct chain recovery upon crypto-economic consensus failure. Buterin highlighted that the post was to clarify that some practices might lead to systemic risks. He added that players should avoid such a subset …

<p>The post Vitalik Buterin highlights Ethereum (ETH) consensus limitations first appeared on CCNC | Cryptocurrency Newscast.</p>

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Binance to lose its British pound on- and off-ramp provider in 9 weeks

Binance has also had problems with its banking partner for United States dollar transfers over the last few months.

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Binance to lose its GBP on-and-off ramp provider in 9 weeks

Binance is scrambling to find a new service partner to process British Pound (GBP) transfers on its trading platform after its current partner, Skrill Limited announced it will soon cease providing services to the crypto exchange.  Binance explained in a Mar. 13 email to “Binancians” that Skrill would stop processing GBP deposits and withdrawals via [...]

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