Bits.ca – Bitcoin & Crypto Currency News & Resources

I am in my 60’s and am setting up my last will and trust. Does anyone here have experience as an executor or POA obtaining access to a deceased person’s exchange? I know how difficult it can be working with an exchange customer service on our own issues, I am imagining it to be extremely hard as an agent for another’s portfolio. I’ve been through this with stock exchanges and it’s not fun. Please stick to the question and not go down the self custody road, that’s not the topic here as many of us do trade on magor exchanges. submitted by /u/miner2361 [link] [comments]

submitted by /u/Billaaaaayyyy [link] [comments]

Some have massive premiums while others still have large discounts. I am thinking about picking up some Grayscale Digital Large Cap Fund - (GDLC) since it’s trading at a 38% discount It holds: 72.29% BTC, 21.35% ETH, 3.87% Sol, 1.68% XRP and 0.81% AVAX. I want to own a diversified basket of crypto anyways, so I would be stupid to buy those at full price on coinbase when I can get them all for 38% off buying GDLC right? Or am I missing something? Kind of feels too good to be true at this point in the cycle, so just want to make sure there isn’t anything that I have overlooked or some risk to Grayscale that isn’t well known yet. I figured if they could make it through the bear market with all the DCG crap they have to be in a decent position now. But I could easily be wrong. Thanks in advance submitted by /u/Consistent-Gold-7572 [link] [comments]

Tl;Dr Nigeria Central Bank (ie Govt) really cracking down as their fiat shitcoin risks further debasement ..... CBN through the circular, also stated that regulated financial institutions dealing in crypto or facilitating payments for crypto exchanges are prohibited. The Central Bank of Nigeria (CBN) has issued a directive requiring all banks and financial institutions to identify individuals or entities engaging in transactions with cryptocurrency exchanges and to ensure that such accounts are put on Post No Debit (PND) instruction for six months. A “Post No Debit” instruction is a directive issued by a bank or financial institution to restrict certain transactions on a customer’s account. When a PND instruction is in place, the account holder is prohibited from making debit transactions, meaning they cannot withdraw funds or make payments using the affected account. According to the circular shared with Cointelegraph, the CBN listed Bybit, KuCoin, OKX, and Binance crypto exchanges, stating that they are not licensed for operations in Nigeria. The bank said it would catch anyone it believes is buying and selling Tether USDT on the listed platforms illegally, especially those using peer-to-peer (P2P) methods. submitted by /u/Shiratori-3 [link] [comments]

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➡️ The DoJ has proposed a lengthy sentence for former Binance CEO Changpeng Zhao. ➡️ On Tuesday, the DoJ filed for Zhao to spend 36 months in prison. ➡️ According to the DoJ, a severe punishment will serve as a deterrent to other potential offenders. submitted by /u/OcelotWarm8822 [link] [comments]

The SEC couldn’t be getting whupped more in the courts The BTC ETF was approved The path to clear regulation has never been so clear For years now we’ve had an amazing technology which could change the financial world forever but haven’t had the confidence to be able to use it That clearly changed last night when BLACKROCK decided to use HBAR to tokenise part of its Real World Asset portfolio THIS IS WHERE IT STARTS Serious projects like HBAR & ALGO who have worked tirelessly producing projects which could be used to tokenise the financial system due to their security and fee structure will soon move to the top of the market Why do these projects stand out against the rest so much? Let’s look at ALGO INSTANT FINALITY - if you’re selling an RWA you don’t want the transaction to be rolled back if it fails. Prices change, there’s no room for error. RELIABILITY - ALGO has never had any downtime. Not a second ever. Compare that to SOL. Why is this important? Imagine the stock exchange went down for 6 hours! Or even ten minutes! NO FORKS - Nobody wants two versions of an asset they own on different blockchains just because some devs wanted a new blockchain. QUANTUM SECURITY - Quantum Computing is just around the corner folks. If blockchains aren’t quantum secure they could be manipulated to show the assets you have now never even belonged to you! Imagine the stock exchange without quantum security once that happens! TINY FEES - Imagine the stock exchange on ETH! The increased demand would send fees to $2000 for a $5 trade SPEED - ALGO does 10,000 complicated smart contract transactions per second (not the stupid lying figures or easy/ internal transaction tps figures used by other blockchains). IT CAN ACTUALLY WORK PROPERLY WITH VOLUME. The time has come for real value to matter folks. The best tech will start to overcome the dog coin themed bullshit those of us who care about tech have been sickened by for the last two years! This is your time to jump on board! To the moon! submitted by /u/Joeyfishfingers [link] [comments]

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I believe that ethereum name service has a bright future and could be kinda blue chip. First of all it actually has a use that even a dum dum like myself gets. Recently the service has been adopted by godaddy and is going to be searchable from google with the .box addition. It jumped up to 80 when the token first came out in a reallll short time before the whole market dropped and was starting to surge again before the recent dip. Like i stated, i am a full fledged dum dum so I wanted the opinion of people who might actually have a brain (so i came to this place?) seriously though, I feel that it ETH stays up that ENS pops like BCH and hits the hundreds a whole lot sooner than people think. Please try to be kind about it, but let me know if I am off base here or I am seeing things clearly. Go Knicks!!!!!!!!! submitted by /u/prettyprettybookitty [link] [comments]