Thursday, April 3, 2025
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Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin

USD Coin (USDC), Circle’s dollar-pegged stablecoin, seemingly lost one of its biggest competitive advantages over its rival, Tether (USDT). Major crypto exchange Coinbase made an important change on the USD Coin page on its website following an audit which revealed that not all of USDC’s reserves were held in cash. This

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Data shows the ‘Bitcoin price drops ahead of CME expiries’ claim is a myth

Historically, activity surrounding the Bitcoin (BTC) monthly futures and options expiry has been blamed for weakening bullish momentum. A few studies from 2019 found a 2.3% average drop in BTC price 40 hours before the CME futures settlement date. However, as Cryptox reported in June 2020, the effect faded away. While

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Bitcoin Developers Weigh the Costs of Defying White Paper Copyright Claim

The Bitcoin community is debating the extent to which Bitcoin Core developers and maintainers should shoulder the symbolic burden of hosting its white paper, particularly when doing so could unnecessarily sap their time and finances.The question arose after the Bitcoin white paper was taken down from Bitcoincore.org, a canonical repository

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Bitcoin.org Rebuts Craig Wright’s ‘Meritless’ Copyright Claim on Bitcoin White Paper

“We will continue hosting the Bitcoin whitepaper and won’t be silenced or intimidated. Others hosting the whitepaper should follow our lead in resisting these false allegations.”So said Bitcoin.org, an an independent open-source project that aims to support bitcoin development, in a response on Thursday to an attempt by nChain chief

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