Shaurya Malwa

Non-custodial Bitcoin exchange TDEX has launched a ‘Beta Daemon’ to provide market makers on the Liquid Network with better tools to facilitate an efficient trading environment, as per a release shared with the BTC Times. Built by development and consulting firm SevenLabs, TDEX uses atomic swaps—a specialized smart contract for transfers without counterparty risk—to instantly settle trades without an intermediary. The service uses the Liquid Network to facilitate peer-to-peer trading, similar t

Russian Prime Minister Mikhail Mishustin said in a recent speech that the country’s government will soon roll out regulations to protect Bitcoin users, as per a meeting transcript published this week. Mishustin acknowledged the burgeoning use of cryptocurrencies in Russia but stated stricter measures would be enforced in the coming years to protect citizens against frauds, scams, and other dubious schemes. He said, “this is a relatively new tool, interest in which is constantly growing, and th

Messaging app and aggregator IM+ app has integrated the Lightning Network as part of its services, as per a release shared with the BTC Times. It will partner with Bitcoin rewards app sMiles for the effort. IM+ aggregates social networks and messengers such as Telegram, Instagram, Facebook Messenger, and Slack, among others, to allow users to manage multiple accounts via a single app. It offers its user community an integrated ad blocker as well. Now, with the collaboration with sMiles in plac

China Construction Bank (CCB), the world’s second-largest financial player by market cap, has postponed the issuance of Longbond, a $3 billion blockchain-issued bond that would track the price of government bonds, as per a new announcement. “Per the request of the issuer, Longbond Ltd., the listing of Longbond SR Notes USD Feb 2021 will be delayed until further notice,” read the announcement by the Fusang exchange, which was scheduled to list the bond and allow investors to purchase it using bi

Bank of England Governor Andrew Bailey said on Monday that Bitcoin has little intrinsic value, and that he sees no use for the cryptocurrency as a means of payment or a fiat alternative. “I have to be honest, it is hard to see that Bitcoin has what we tend to call intrinsic value,” Bailey said during a BoE session with members of the public. However, Bailey, who has spoken negatively of Bitcoin in the past but considered the issuance of a central bank digital currency (CBDC), noted the pioneer

Samuel Reed, the former Chief Technology Officer and co-founder of Bitcoin derivatives exchange BitMEX, was released after a $5 million appearance bond had been approved by U.S. courts last week, according to court documents. Reed was required to pay a $500,000 security on the unsecured bond, the document showed. Earlier this month, the U.S. authorities charged Reed and three others - Arthur Hayes, Benjamin Delo, and Gregory Dwyer, the BitMEX executive team - for allegedly operating an illegal

One part of a 40-piece artwork tribute to Bitcoin’s 12.3 million-digit code is going under the hammer at auction house Christie's in New York on October 7th, allowing enthusiasts to purchase and save a symbolic physical piece of the pioneer cryptocurrency forever. Up for sale at the auction will be the 21st piece (aptly called Block 21), which carries a pre-auction estimated price tag of between $12,000 and $18,000 (or about 1.1 to 1.5 bitcoin at current exchange rates). Envisioned by internat

Following an agreement made between Blockstream CSO Samson Mow and Ethereum co-founder Vitalik Buterin in August, the last couple of weeks saw multiple Bitcoin enthusiasts complete an independent audit of the bitcoin supply. These included the likes of Bull Bitcoin founder Francis Pouliot, anonymous dev “Bit Dov,” and Jameson Lopp, co-founder and CTO of Casa, who added that it took just “1.5 minutes” on his machine to verify the supply of Bitcoin. Meanwhile, Bitcoin community members are waiti