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Governments ‘Will Need to Respond’ to this Crypto Surprise by Bermuda

A big adoption news came to the Cryptoverse today as Bermuda, a British island territory with a population of c. 65,000 people, started accepting payments for taxes, fees and other government services in USD Coin (USDC), a U.S. dollar-pegged stablecoin, managed by major players in the crypto market, Circle and Coinbase. This latest use case…
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‘Ideal’ Security Setup for an Average Bitcoiner by Security Experts

Answering a question in a recent AMA (ask me anything) session on protecting one’s Bitcoin from thieves, experts from crypto security specialist Casa gave what may be an ideal security setup for any average BTC holder, based on the amount they’re securing. Casa’s Chief Technology Officer (CTO), Jameson Lopp, and the Product Lead for the…
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Calibra Head: Libra ‘Absolutely Not’ in Jeopardy Without PayPal, Visa

Recent departures including Paypal and Visa does not mean Facebook’s Libra currency project is over, reassured Calibra head, David Marcus. Head of Facebook’s Calibra claimed that the recent withdrawal of the seven firms from the Libra Association has no impact on the project. Dropouts will still be able to work with Libra In an interview…
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Supreme Court of India Postpones Cryptocurrency Ban Hearing to November

The Supreme Court of India has postponed a hearing on the Reserve Bank of India’s circular banning banks from rendering services to crypto-related businesses. The Supreme Court of India has postponed a hearing that would consider the Reserve Bank of India’s (RBI) ban on providing services to cryptocurrency-related business. In an Oct. 16 session on…
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Back in Red: Ethereum Price Below USD 180 and Continues to Drop

After failing to stay at USD 190 level last week, the price of ethereum (ETH) continued to drop and is now below USD 180. The price at the time of writing (at UTC 13:20) of the second coin by market capitalization is USD 175, which is far from its 30-day low of USD 156, but…
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Luxury Car Manufacturer Begins Accepting Bitcoin for Vehicle Sales

California-based luxury electric car manufacturer Karma Automotive has begun accepting Bitcoin as a means of payment at one of its stores in Newport Beach. California-based luxury electric car manufacturer Karma Automotive has begun accepting digital currency as a means of payment at one of its stores in Newport Beach. Karma Newport Beach now enables customers…
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Telegram’s TON Launch and Token Distribution — All the Details to Date

TON was hurtling toward public release until the SEC stopped it dead in its tracks. Here is everything known about the project so far. In just the last few months, the entire landscape of the crypto industry has changed. Innovation once came from within, with a number of early influencers earning god-like status among the…
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How to Use Bitcoin SegWit Transactions: a Guide

You’ve probably heard and read the term “SegWit” quite a few times lately. We’ve seen the reports saying that transactions via SegWit are rising, and many in the Cryptoverse have been singing praises to this upgrade, urging platforms and networks left and right to integrate it. Even Binance CEO Changpeng Zhao (CZ) seems to be…
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Yes, Even Bitcoin HODLers Can Lose Money in the Long-Term: Here’s How

Crypto trader and on-chain analyst Philip Swift explains how blockchain data points to a new Bitcoin all-time high and how it can be used to enhance short and long-term trading strategies. Since dropping from its 2019 high at $13,800, Bitcoin (BTC) has been in a rut which has led to the price retracing roughly 43%…
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EY Has Blockchain-based Solution to Governments + 11 More Crypto News

Crypto Briefs is your daily bite-sized digest of cryptocurrency and blockchain-related news – keeping you up-to-date with under the radar crypto news from around the world. Adoption news Major professional services firm, EY, launched EY OpsChain Public Finance Manager (PFM), a blockchain-enabled solution that aims to help governments drive transparency, provide  Read more »Pay/Trade/Buy Bitcoin…
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