PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receiving payments in USDT last year and will accelerate its adoption. Tether, nonetheless, stated it will uphold OFAC […]
While Some Think Bitcoin’s 12th-Largest Wallet Hides a Nation State, Onchain Data Shows an Exchange
This week, the crypto community on social media has once again been buzzing about a bitcoin wallet called ‘Mr 100’ following a significant deposit of 100 bitcoin on April 10, 2024. Despite numerous assertions that the wallet is associated with the South Korean cryptocurrency exchange Upbit, a faction continues to believe that it is owned […]
Ethereum Foundation Receives Confidential State Inquiry, Removes Warrant Canary Icon From Github Repo
The Ethereum Foundation has reportedly received a “voluntary enquiry from a state authority,” according to a note added to the group’s Github page. State Actors Have Contacted the Ethereum Foundation; SEC Reportedly Investigating On Wednesday, March 20, 2024, the crypto community discussed a message posted to the Ethereum Foundation’s Github repository which also features a […]
Matt Mullenweg to Deliver State Of The Word 2024 From Tokyo, Japan
WordPress co-founder Matt Mullenweg announced at the Q&A session of WordCamp Asia 2024 that he would deliver the 2024 State Of The Word from Tokyo, Japan on December 16. This marks a significant moment for the WordPress community, as it’s only the second time the annual address is delivered outside of North America. …
CBDC Anti-Surveillance State Act Back in the Senate
The CBDC Anti-Surveillance State Act has been reintroduced in the Senate with the support of five U.S. senators. “As Americans face the prospect of an increasingly weaponized government, ensuring financial privacy is pivotal,” said one senator who supports the bill. A central bank digital currency (CBDC) “would open the door for the federal government to […]