July 23, 2024
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Louisiana Signs Bill To Prohibit CBDCs, Protect Right To Self-Custody And Mine Crypto

Louisiana Governor Jeff Landry signed a bill to prohibit central bank digital currencies (CBDCs) and protect crypto mining on June 19. The bill, HB 488, prevents governing authorities from accepting or requiring payments in CBDCs. It also bars authorities from participating in CBDC tests by the Federal Reserve Board of Governors and other federal government

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Indiana To Give Cryptocurrency Self-custody Rights To Resident

Indiana is adding its name to the list of states that intend to give the cryptocurrency self-custody rights of its residents.  A cryptocurrency bill that guarantees the non-intervention of the state government of Indiana in cryptocurrency self-custody, mining, validation, and other issues was recently introduced by Rep. Heath VanNatter in the Indiana General Assembly (IGA).

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Jack Dorsey Launches Bitkey Bitcoin Self-Custody Wallet

In a move aimed at democratizing access to self-custody for Bitcoin, Block, Inc., led by CEO Jack Dorsey, has finally launched the pre-order for its new self-custody wallet, Bitkey, according to a press release. move your bitcoin off the exchanges: https://t.co/x1oLkjhs0H — jack (@jack) December 7, 2023 This new Bitcoin wallet seeks to redefine ownership

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The CoinDCX exchange now supports 155 countries with its expanded self-custody wallet.

With the integration of Transak into CoinDCX’s Okto wallet, the number of supported jurisdictions has surged from a mere 60 to a staggering 150 and beyond. CoinDCX, a prominent Indian cryptocurrency exchange, is embarking on an expansion journey for its self-custody wallet, Okto, by seamlessly incorporating the Transak platform. Okto, the multifaceted cryptocurrency wallet introduced

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Latest News

Striking the Balance: Lessons Learned from Ledger’s Controversial Firmware Update

In a surprising turn, Ledger, a prominent hardware wallet provider, faced backlash and quickly retracted its decision to implement a controversial firmware update on its Nano X product. Responding to the uproar from the Web3 community, Ledger committed to open-source more of its codebase, starting with its core operating system and the contentious Ledger Recover

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Ledger Reaffirms Commitment to Self-Custody Amidst Controversy Surrounding Recover Feature

Despite recent customer criticism, Ledger, the renowned hardware wallet manufacturer, remains committed to self-custody of funds. On May 16, the company issued a strong statement emphasising its commitment to security while addressing concerns about the recently announced Recover feature. Due to perceived security risks, the Recover feature, which allows users to restore their seed phrase,

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Bitcoin News

Bitcoin Supply on Exchanges Hits Lowest Level in Over Five Years

The cryptocurrency market is seeing a significant shift in trading patterns, with the amount of Bitcoin on exchanges reaching its lowest ratio since December 2017, a five-and-a-half-year low that shows traders are becoming more interested in self-custody. A reduced supply of the flagship cryptocurrency on trading platforms reduces the quantity of Bitcoin that might be

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Blockchain News

Ethereum on Exchanges Falls to 6-Month Low, But Where Has it Gone?

The on-chain analytics service Nansen made the announcement on May 8 that the amount of Ethereum owned by exchanges has dropped to its lowest level in six months. On centralized exchanges, there are only 26.5 million ETH, which are currently worth approximately $49 billion. The total quantity of Ethereum (ETH) traded on exchanges has decreased

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Blockchain News

Mysterious Crypto Whale Moves Massive $505 Million in Ethereum ($ETH)

A mystery cryptocurrency whale piqued the community’s interest earlier this week, transferring approximately $505 million worth of Ethereum ($ETH), the second-largest cryptocurrency by market capitalization, to top cryptocurrency exchange Binance. The transactions were discovered by blockchain tracker Whale Alert and cost just 0.00183 ETH (about $3.38) in transaction fees. According to Santiment, an on-chain crypto

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Bitcoin News

More Than Half of All Circulating Bitcoin Is Dormant

More than half of the Bitcoin supply is inactive, according to data from on-chain analytics provider Glassnode. The coins have been inactive for the past two years. In addition, the percentage of supply that was last active more than two years ago has reached an all-time high of 53%. Dormant BTC jumped in 2023 after

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