66 / 84 Relevant items tagged with #Cryptocurrencies

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Kazakhstan Law Limiting Crypto Miners’ Consumption of Electricity Enters Into Force

[Feb 10, 2023 9:30 PM] A new law expanding the regulatory framework for cryptocurrency miners while restricting their access to low-cost electricity has entered into force in Kazakhstan. The legislation introduces a licensing regime for mining with two different…

Fed governor Waller says crypto ecosystem has distinct parts with varying potential

[Feb 10, 2023 3:45 PM] Christopher Waller praised the emerging applications of distributed ledger technology, smart contracts and tokenization, but he changed his tune for crypto assets.

Web3 community unites for Turkish–Syrian earthquake victims: Finance Redefined

[Feb 10, 2023 3:30 PM] The Web3 ecosystem came together to offer all possible help and aid to the victims of the Turkish-Syrian earthquake — one of the worst natural disasters in recent history.

SEC enforcement against Kraken opens doors for Lido, Frax and Rocket Pool

[Feb 10, 2023 2:13 PM] Kraken has put an end to staking as a service, and Coinbase could eventually be forced to follow suit. Will this create opportunities for LDO, FXS and RPL?

Binance upgrades Proof of Reserves verification to include zk-SNARKs

[Feb 10, 2023 12:30 PM] The zk-SNARKs upgrade promises to significantly improve the security and transparency of the verification process.

Bit2Me and Mastercard launch debit card with crypto cashback

[Feb 10, 2023 11:00 AM] The new debit card builds on technology already in place in the existing Bit2Me crypto card, but this time, card holders are eligible for up to 9% crypto cashback.

Worldwide Webb founder explains the role interoperability will play in Web3 ecosystems

[Feb 10, 2023 10:42 AM] NFT Steez chats with Worldwide Webb founder Thomas Webb to discuss the future impact of interoperability in Web3 and the Metaverse.

PayPal held $604M in Bitcoin and other crypto by the end of 2022

[Feb 10, 2023 7:58 AM] Bitcoin and Ether have the largest share in PayPal’s crypto assets, accounting for $291 million and $250 million in the asset breakdown, respectively.

Russian Charged With Laundering Ransomware Proceeds in Crypto Pleads Guilty in US

[Feb 10, 2023 6:30 AM] A Russian national accused of processing cryptocurrency payments from ransomware attacks has pleaded guilty to money laundering in the United States. The man who was extradited from the Netherlands in mid-August, last year, will be sentenced in…

South Korea sets independent sanctions for crypto theft against North Korea

[Feb 10, 2023 3:26 AM] The sanctions against several well-known individuals and hacking groups came just hours after S. Korea announced a joint cyber venture with U.S. intelligence agencies against ransomware threats.

Bitzlato co-founder released from brief arrest and questioning: Report

[Feb 10, 2023 2:18 AM] The co-founder of cryptocurrency exchange Bitzlato was briefly detained for questioning in Moscow at the request of Interpol, after which he was released.

Mississippi senate passes bill to protect cryptocurrency miners from discrimination

[Feb 9, 2023 3:54 PM] The state already has crypto miners, the bill to protect them still has to pass the house of representatives and be signed by the governor.

3AC and CoinFLEX launch website, waitlist for crypto claims exchange

[Feb 9, 2023 3:45 PM] The exchange will allow crypto bankruptcy claims to be traded, according to an official Twitter announcement.

Rocket Pool’s Ethereum staking service reaches $1B in TVL

[Feb 9, 2023 3:30 PM] The milestone comes less than two years after the launch of its mainnet.

SPS discusses challenges of building GameFi amid crypto winter

[Feb 9, 2023 12:15 PM] Despite tough times for the industry, the blockchain MOBA game reached 200,000 downloads after just two months.

LocalBitcoins closes down P2P crypto exchange service

[Feb 9, 2023 6:33 AM] LocalBitcoins’ customers have 12 months to withdraw their cryptocurrencies from the LocalBitcoins wallet but are advised to do so immediately.

Bitzlato Co-Founder Anton Shkurenko Arrested in Russia, Report

[Feb 9, 2023 3:30 AM] Russian authorities have reportedly arrested the second co-founder of seized cryptocurrency exchange Bitzlato. The man, who recently promised to restore the platform’s operations from Russia, was detained at the request of Interpol and may…

Crypto lender SALT makes comeback with $64.4 million funding

[Feb 9, 2023 12:19 AM] The crypto lender froze withdrawals in mid November. It will resume operations in Q1 2023 buoyed by a Series A recapitalization.

As Bitcoin nears $25K, questions about rally’s sustainability remain

[Feb 8, 2023 8:01 PM] Analysts seem to be divided as to whether a bull run is now in session despite many key indicators suggesting the same.

Cryptocurrency Exchanges Offer Assistance to Earthquake-Hit Turkey

[Feb 8, 2023 4:30 PM] Major crypto exchanges have offered to help the people of Turkey to overcome the consequences of this week’s devastating earthquake. While the crypto industry pledged support, the country’s financial authorities allowed the raising of…

Uniswap's BNB deployment should use multiple bridges, claims LIFI CEO

[Feb 8, 2023 3:45 PM] The LIFI executive proposed that a team of four researchers be appointed to study the idea of a multi-bridge approach.

Cloud mining firm BitFuFu postpones merger with SPAC until May

[Feb 8, 2023 3:30 PM] Bitfufu's plans to go public have been delayed for the second time. The company is the cloud mining arm of Chinese mining giant Bitmain.

Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis

[Feb 8, 2023 2:15 PM] The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor.

UK blockchain carbon offset platform raises $45M in seed funding

[Feb 8, 2023 9:10 AM] Carbonplace says it will use the funds to scale its services and become the "SWIFT of carbon markets."

CoinGecko and 21Shares propose global crypto classification standard

[Feb 8, 2023 7:00 AM] The new crypto classification effort aims to help investors and regulators spot potential crypto failures like those seen in 2022.

North Korea Stole Record Amount of Crypto Assets in 2022, UN Report Unveils

[Feb 7, 2023 11:30 PM] The regime in North Korea has managed to steal more cryptocurrency last year than in previous years, according to a draft U.N. report. Despite the difference between quoted estimates, the authors conclude that 2022 was a record-breaking year for…

Former Coinbase product manager pleads guilty in insider trading case

[Feb 7, 2023 4:00 PM] United States prosecutors have labeled this as the first insider trading case in cryptocurrency.

Lawmakers write to US officials about crypto energy usage information gathering

[Feb 7, 2023 3:55 PM] Elizabeth Warren and seven other Democrats want to know how much the Environmental Protection Agency and Energy Department know about crypto mining energy draws.

ConsenSys CEO: 'We've retained virtually all of our capabilities' after job cuts

[Feb 7, 2023 3:30 PM] The executive stated that the layoffs were due to concerns about “macroeconomic and geopolitical” issues that may affect the venture capital markets.

US financial regulators warn against crypto exposure in retirement accounts

[Feb 7, 2023 2:58 PM] The financial watchdogs targeted self-directed individual retirement accounts with potential exposure to crypto in a warning to investors.