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Belarus Has Seized Millions of Dollars in Crypto, Chief Investigator Claims
29.5.2022
Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies...
Crypto Miners Account for Over 2% of Electricity Consumption in Russia, Estimate Suggests
28.5.2022
The share of crypto miners in Russia’s power consumption structure already exceeds 2%, according to a new government estimate. On this backdrop, the country’s industry ministry believes it’s time to bring the sector out of the shadows and regulate it. Crypto Miners Burn More...
Bulgarian Crypto Trader Disappears Under Mysterious Circumstances
27.5.2022
The whereabouts of Alexander Altunbashev, a Bulgarian entrepreneur and crypto trader, are unknown since Monday. Law enforcement officials are now investigating his possible abduction while some in the local crypto community speculate he might be hiding from disgruntled investors. Bulgarian...
How Terra’s collapse will impact future stablecoin regulations
27.5.2022
The collapse of algorithmic stablecoin UST created a ripple effect not just in the crypto market but among world regulators as well
World Of Warcraft Streamer Allegedly Harassed Off Of Twitch By Ex-Cop
26.5.2022
A 29-year-old former airport cop, Evan Baltierra, was arrested this week and charged in federal court with allegedly harassing a World of Warcraft streamer off of Twitch. The two met in person at BlizzCon 2019, according to an accompanying affidavit, but when the streamer declined to be...
No Tax Amnesty for Russian Crypto Miners as Lawmakers Withdraw Proposal
26.5.2022
A new draft law has replaced an earlier bill introducing a one-year tax and customs amnesty for cryptocurrency miners in Russia. The initial proposal has been withdrawn on the grounds that the tax break would have resulted in losses for the state budget. Revised Crypto Mining Legislation Submitted...
Game Pirates Trolled With Controller Errors And Endless Rain
26.5.2022
One of my favourite things to write about on this website are the creative ways developers have learned to fuck with people pirating their video games, so it’s with great pleasure I get to share another example today.Read more
EA Tells Devs It Won't Take Stand On Abortion Rights, Encourages 'Healing Circles'
25.5.2022
Electronic Arts won’t be joining some other big game studios in publicly supporting abortion and transgender rights, Kotaku has learned. Asked about it during a May 24 company-wide town hall meeting, the gaming publisher told staff it couldn’t take a stance on every public issue and that “being...
Paraguayan Bill Regulating Crypto Mining and Trading Moves Closer to Law
25.5.2022
The legislation was approved with modifications in the country’s Chamber of Deputies, and will now return to the Senate, which had passed it in December
Ideas vs. practice: How are regulators working together on crypto?
25.5.2022
While the calls for globally coordinated regulation for cryptocurrencies is a noble effort, the practicality of the situation is far from ideal
'Code is not law': Seth Green thief stole Bored Apes, not the rights say experts
25.5.2022
Green planned on using the BAYC in an upcoming TV series, and he has hinted he will go to court to get his Apes back if the new owner does not give it up
Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?
24.5.2022
British regulators intend to amplify the enforcement of crypto and make stablecoins a payment method
Government of Uruguay Presents Campaign Against Crypto Scams
24.5.2022
The Department of the Interior of Uruguay is taking steps to warn users about the danger they face when investing in certain crypto projects that could be scams. The campaign is called “Fake Coins: Cryptocurrency Scams” and seeks to educate the population about the most common kinds...
Law Decoded: The long waves in the aftermath of UST’s crash, May 16-23
24.5.2022
Officials from all over the world continue discussing the solutions for stablecoins' risks
Popular Radio Presenter Suspended for Alleged Ties to Bitcoin Scam
23.5.2022
South Africa’s national broadcaster has suspended one of its employees that is accused of convincing unsuspecting people, including pensioners, to invest in a cryptocurrency scam. More than 100 people are believed to have fallen victim to promises of very high returns to investors in...
Sony Is Being Sued For Gender Discrimination At PlayStation Again
23.5.2022
A former PlayStation employee is suing parent company Sony for a second time over what the lawsuit describes as “gender-based discrimination and gender-based harassment” after a similar legal action was dismissed in April. (h/t Axios)Read more
Crypto inheritance: Are HODLers doomed to rely on centralized options?
23.5.2022
Are crypto inheritance solutions a centralizing force? To some, yes, but to others, decentralized solutions are out there
Crypto Mining Farm Uncovered in Russia’s Oldest Prison
22.5.2022
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint digital coins with the help of unidentified accomplices. Deputy Warden Suspected of Mining Cryptocurrency...
Draft Law About NFTs Submitted to Russian Parliament
21.5.2022
Lawmakers have filed a bill with the State Duma aimed at introducing the term NFTs to Russian legislation. The authors of the draft say the rights of those who own non-fungible tokens need to be protected as Russians are currently dealing with NFTs at their own risk. Russian Deputies Propose...
FCA will 'absolutely' consider recent stablecoin depegging when drafting crypto rules: Report
20.5.2022
The United Kingdom's Economic and Finance Ministry announced in April that it would work to incorporate stablecoins into a regulatory framework on digital assets