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What's the state of Switch, leading into 'Switch 2'?
13.5.2024
Also: the biggest streamed games of April, and lots more
China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report
13.5.2024
Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash
Swing State Voters Highlight Cryptocurrency as a Key Issue for 2024 Elections, Survey Finds
9.5.2024
A recent survey conducted by The Harris Poll and commissioned by Digital Currency Group (DCG) reveals that cryptocurrency is emerging as a critical issue among voters in key swing states. Over 20% of respondents from states like Michigan, Ohio, and Pennsylvania demand more discourse on digital...
Argentina Energy Provider Seals New Bitcoin Mining Deal
9.5.2024
Argentina’s state-run energy provider has completed a new Bitcoin (BTC) mining deal that will see the firm use associated gas to power 1,200 ASIC mining rigs in Patagonia.
The post Argentina Energy Provider Seals New Bitcoin Mining Deal appeared first on Cryptonews
The Crypto Lawsuit State of Play
8.5.2024
Last month, Ethereum incubator ConsenSys sued the U.S. Securities and Exchange Commission (SEC) for an injunction asking a federal court to block the regulator from investigating its MetaMask offering or from declaring Ether (ETH) a security. It's the latest company to follow a growing trend...
State-owned German Bank Set to Introduce Blockchain-Backed Digital Bonds
8.5.2024
On May 6, the state-owned German bank KfW declared that it would issue its first digital bonds based on blockchain technology. This action represents a significant advancement in Germany's traditional banking institutions' adoption of blockchain technology.
The post State-owned German Bank Set...
The Future of K-Pop: OppaCoin’s Vision for AI Integration
7.5.2024
OppaCoin, the first meme coin representing K-pop, is set to revolutionize the K-culture industry by combining cutting-edge AI technology. OppaCoin aims to create AI stars and AI artists across various aspects of K-culture, including music, dramas, music videos, and games, fostering a new...
4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders
7.5.2024
Only a small fraction of French crypto holders have declared their coins to the state, a report claimed – with the government set to take action.
The post 4.85m French Crypto Holders ‘Fail to Declare Their Holdings’ as Gov’t ‘Takes Aim’ at Offenders appeared first on Cryptonews
Four months in prison for CZ, another US state kicks out Binance.US: Law Decoded
6.5.2024
While Changpeng “CZ” Zhao received a surprisingly moderate jail term, Oregon has become the sixth state to revoke, suspend or decline to renew Binance.US’ license
Nigerian SEC Set To Meet With Foreign Crypto Exchanges Amid Regulatory Crackdown: Report
3.5.2024
The Nigerian Securities and Exchange Commission (SEC) will meet with crypto exchanges to discuss the state of crypto regulation in the African nation, a Friday report from CoinTelegraph reveals. News of the meeting comes as Binance executives Nadeem Anjarwalla and Tigran Gambaryan face charges...
18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria
1.5.2024
Victoria Jacobs, aka Bakhrom Talipov, was sentenced to 18 years in prison by a New York State court jury after being found guilty of funding Syrian terrorism through Bitcoin.
The post 18 Years In Prison for NYC Woman Behind Bitcoin Terrorism Financing in Syria appeared first on Cryptonews
Bitcoin Miners Not Showing Capitulation Signs, Says CryptoQuant CEO
30.4.2024
The CEO of CryptoQuant, Ki Young Ju, described the predicament that Bitcoin miners are in after the halving on April 30. The investigator claims that miners are currently faced with a decision: they may either accept the state of the market or hold out for a possible rise in the price...
Russia to Enact a Ban on Domestic Operations Of Cryptocurrency Exchanges
30.4.2024
Russia is preparing to enact a ban on the organization of cryptocurrency exchanges in the country via the approval of a bill that regulates mining activities. According to statements made by Russian Duma Financial Market Chairman Anatoly Aksakov, digital financial assets like the digital ruble will...
Distilling the Tornado Cash and Samourai Suits
30.4.2024
There was a lot of news last week, but maybe the biggest news came Wednesday when the U.S. Department of Justice arrested two co-founders of Samourai Wallet, a bitcoin wallet that offered mixing services. The arrest ramps up the federal government's efforts to tamp down on what it sees as money...
The Eroding State of Privacy in the Crypto World
27.4.2024
The balance between privacy and regulatory compliance in the crypto world is increasingly threatened as high-profile cases, such as the sanctions against Tornado Cash and the legal troubles of Samourai Wallet, come to the fore, prompting a robust response from the community and its leaders....
The Ever-Dwindling Chances for a Stablecoin Law
24.4.2024
Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?
Venezuelan State Oil Company to Accelerate USDT Adoption for Settlements; Tether Vows to Uphold OFAC Sanctions
23.4.2024
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...
Malaysian State Records Largest Number of Power Theft Cases Linked to Crypto Mining
23.4.2024
Sarawak state of Malaysia's Miri region has accounted for more than half of power theft cases linked to crypto mining since 2018.
The post Malaysian State Records Largest Number of Power Theft Cases Linked to Crypto Mining appeared first on Cryptonews
Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again
23.4.2024
Venezuela's state-controlled oil company PDVSA intends to boost its use of digital currencies in crude oil and fuel exports, prompted by renewed US oil sanctions, Reuters reported on Monday.
The post Venezuela’s Oil Giant Turns to Crypto as US Sanctions Bite Again appeared first on Cryptonews
Arkansas State House Passes Bills for Potential Crypto Mining Restrictions
18.4.2024
The Arkansas State House recently passed two bills to potentially restrict cryptocurrency mining activities within the state, while six other proposals failed to garner enough votes for advancement.
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