Taiwan Blocks Coinbase and Kalshi Over Bets on Its November Elections

Taiwan Blocks Coinbase and Kalshi Over Bets on Its November Elections

Colorful Taiwanese flags and red lanterns adorn an alley in New Taipei City, Taiwan, creating a festive atmosphere.Taiwan has blocked the websites of Coinbase and Kalshi under a court order sought by police investigating election betting, six weeks before the island’s Nov. 28 local elections. Kalshi’s own member agreement already bars Taiwanese users, yet it lists markets on the races. A Criminal Court Order Six Weeks Before the Vote Coinbase’s website has […]

source https://news.bitcoin.com/igaming/taiwan-blocks-coinbase-kalshi-bets-november-elections/
Bitcoin Price Hovers Near $81K as Analysts See Potential Market Bottom

Bitcoin Price Hovers Near $81K as Analysts See Potential Market Bottom

Bitcoin slipped below $81,000 on Oct. 16 amid heightened market volatility, but analysts remained cautiously optimistic, suggesting a potential local bottom.   Bitcoin Dips Below $81,000 After Midweek Reversal Bitcoin lost the $82,000 threshold Friday, roughly 24 hours after reversing a downtrend that saw the cryptocurrency dip below $80,000 for the first time in weeks. […]

source https://news.bitcoin.com/market-updates/bitcoin-price-hovers-near-81k-analysts-see-market-bottom/
Deutsche Bank Nears Launch of Institutional Bitcoin, Ether Custody

Deutsche Bank Nears Launch of Institutional Bitcoin, Ether Custody

Deutsche Bank BuildingThe banking giant stressed that this move is part of a strategy to achieve an 8% compound annual growth rate in its corporate banking services by 2028. Deutsche Bank co-head Gerald Podobnik said these services will complement the bank’s traditional offerings.   Deutsche Bank Confirms Launch Of Crypto Custody Services in Germany Deutsche Bank, one […]

source https://news.bitcoin.com/finance/deutsche-bank-nears-launch-institutional-bitcoin-ether-custody/
Bitcoin Price Rebounds Above $82K After Brief Dip Below $80K

Bitcoin Price Rebounds Above $82K After Brief Dip Below $80K

Bitcoin Price Rebounds Above $82K After Brief Dip Below $80KBitcoin staged a rapid recovery Thursday, climbing back above $82,000 to trade slightly higher over 24 hours with a market cap near $1.65 trillion. BTC Rebounds Above $82K After CPI Volatility Bitcoin appeared to recover from a morning rout Thursday after it reclaimed $82,000 just hours after sliding below $80,000. The reversal erased most of […]

source https://news.bitcoin.com/market-updates/bitcoin-price-rebounds-above-82k-after-brief-dip-below-80k/
Charles Schwab CEO Sees Crypto as a New Revenue Engine

Charles Schwab CEO Sees Crypto as a New Revenue Engine

Charles Schwab buildingCharles Schwab has completed its retail rollout of direct bitcoin and ether trading, bringing cryptocurrency access to eligible investors across a brokerage overseeing $13.33 trillion. During the firm’s Oct. 15 webcast, CEO Rick Wurster confirmed that crypto transfers are being introduced and three additional cryptocurrencies are coming before year-end. Wurster also identified crypto trading as […]

source https://news.bitcoin.com/finance/charles-schwab-ceo-sees-crypto-new-revenue-engine/
Bitmex Faces $26 Million Claim Over 1,053 Losing Bitcoin Trades

Bitmex Faces $26 Million Claim Over 1,053 Losing Bitcoin Trades

Bitmex on a smartphoneA British software engineer wants 324.8 BTC back from Bitmex, claiming the cryptocurrency exchange had no legal authority to offer him derivatives trading in the United Kingdom. His demand, worth approximately $26 million using today’s exchange rates, targets more than 1,000 losing trades. British Trader Challenges Four Years of Bitcoin Losses Lewis Barber, a software […]

source https://news.bitcoin.com/regulation-and-legal/bitmex-faces-26-million-claim-1053-losing-bitcoin-trades/
Coinbase Maps Bitcoin’s Quantum Risks While Safeguarding 5% of BTC

Coinbase Maps Bitcoin’s Quantum Risks While Safeguarding 5% of BTC

Bitcoin and CoinbaseCoinbase, which says it safeguards roughly 5% of all bitcoin, has laid out the technical and operational hurdles bitcoin must clear before quantum-resistant security can become practical. Its message is clear: swapping in a new signature algorithm will not be enough. Bitcoin Faces Quantum Migration Test as Coinbase Details the Risks Bitcoin’s quantum-computing problem is […]

source https://news.bitcoin.com/security/coinbase-maps-bitcoins-quantum-risks-safeguarding-btc/

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