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Uzbekistan Moves to Block Foreign Cryptocurrency Exchanges
12.8.2022
Authorities in Uzbekistan are restricting access to online crypto trading platforms based outside the country and not registered under its laws. A presidential decree obliges citizens and local companies to only use digital asset exchanges licensed by the government of the Central Asian nation....
EU Official Says Europe’s MiCA Bill Would Prevent ‘Schemes’ Like Terra From Happening
10.8.2022
SEOUL, South Korea – A European Union official told attendees at the Korea Blockchain Week conference in Seoul on Tuesday that the Terra collapse would have been impossible under the regulatory requirements laid out in the EU’s Markets in Crypto Assets (MiCA) bill
Vinnik to Be ‘Hostage’ in US Amid Russia’s War in Ukraine, Greek Lawyer Says
1.8.2022
If extradited to the United States, crypto exchange BTC-e’s alleged operator Alexander Vinnik will become a “hostage” due to the ongoing conflict in Ukraine, according to his Greek lawyer. France is likely to send the Russian back to Greece soon and Zoe Konstantopoulou...
Will the Fed prevent BTC price from reaching $28K? — 5 things to know in Bitcoin this week
25.7.2022
Bitcoin prepares for what promises to be a tense week of rate hikes, earnings and more as BTC fails to reclaim crucial trendline
The Sandbox Brings on Security Firm BrandShield to Prevent Rising NFT Fraud
20.7.2022
Cybersecurity company BrandShield has removed 120 phishing sites and 58 fake social media accounts in two months since its launch
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...
Insurance Company Sued for Refusing to Cover $7.5 Million Bitcoin Ransom Payment
12.7.2022
A British jeweler has sued its insurance company for refusing to cover a bitcoin ransom payment of $7.5 million. The jeweler paid the hackers to prevent sensitive customer data from being published. Insurance Company Faces Lawsuit for Refusing to Cover Bitcoin Ransom Payment A luxury British...
Summer Games Done Quick Raises Over $3 Million For Charity
4.7.2022
Summer Games Done Quick, a charity speedrun marathon that was back with an in-person event for the first time in a few years, was held between June 26-July 3 in Bloomington, Minnesota. And at the end of the week, once all the runs were done, the event had raised an enormous $3 million...
EU Agreement Reached on Anti-money Laundering Rules for Cryptocurrencies
30.6.2022
European institutions have reached an interim consensus on a set of EU regulations that will burden crypto companies with the obligation to help prevent money laundering, among other illicit activities potentially involving digital assets. The progress comes as the Union seeks to comprehensively...
Taiwan central bank governor considers interest-free CBDC design to prevent fiat deposit flight
29.6.2022
"Neither of the current CBDCs in circulation, such as the Sand Dollar and the digital yuan, accrue interest on deposits," said Yang
Can Cardano's July hard fork prevent ADA price from plunging 60%?
28.6.2022
ADA's price is above a key technical support level in the days leading up to the major Cardano upgrade
SBF and Alameda step in to prevent crypto collapse contagion
20.6.2022
SBF also rejected rumors that Alameda played a part in jeopardizing the stability of Celsius, noting that “this is definitely false. We want to help those we can in the ecosystem, and have no interest in hurting them.”
Report: South Korean Crypto Exchanges to Create Body to Preempt Another Terra LUNA Type of Collapse
14.6.2022
Five South Korean cryptocurrency exchanges said they intend to create a consultative organization which will help prevent a repeat of a Terra LUNA-style token collapse. The organization is expected to achieve its objectives by applying standards that are endorsed by the crypto exchanges. Screening...
Russian Parliament to Review Bill Prohibiting Crypto Payments
13.6.2022
Legislation making it illegal to pay with cryptocurrencies has been filed with the State Duma, the lower house of Russia’s parliament. The sponsors of the bill want to task crypto platforms to prevent transactions that could facilitate payments with digital assets. Draft Law Banning Use...
Solana developers tackle bugs hoping to prevent further outages
7.6.2022
Solana developers have tackled the “durable nonce transaction” bug that knocked the network offline for the fifth time this year earlier this month as network activity slows
Central Bank of Armenia Urged to Regulate Cryptocurrencies
3.6.2022
Calls have been issued in Armenia for the central bank to do its job and put the country’s crypto space in order. Both government regulators and representatives of the financial sector insist that the industry needs regulation to prevent the use of cryptocurrencies for illicit purposes....
How to Prevent the Metaverse From Becoming a Nightmare
26.5.2022
Examining everything from zero-knowledge proofs to interplanetary file storage
Korean Police Ask Crypto Exchanges to Freeze Luna Foundation Guard’s Assets
24.5.2022
The South Korean police have reportedly launched an investigation into possible embezzlement involving an employee of Terraform Labs. To prevent fund transfers, the police have requested crypto exchanges to freeze the Luna Foundation Guard’s accounts. Embezzlement Investigation and Asset...
Cryptocurrency Is ‘Based on Nothing,’ Should Be Regulated, ECB’s Lagarde Says
21.5.2022
President of the European Central Bank Christine Lagarde has insisted that unlike a digital euro, cryptocurrency has no underlying asset. It should be regulated to prevent people from losing their life savings by speculating on crypto assets, the top ECB official has suggested. Cryptocurrency...
Terra Blockchain Temporarily Stops Block Production, Aims to Restart Network With a Patch
12.5.2022
At 12:14 p.m. (ET), the Twitter account operated by the Terra team announced that the Terra blockchain network had been halted. According to the Terra developers’ tweet, Terra validators needed to apply a patch to further disable delegations. Terra Blockchain Halts in Order to Prevent...