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Bitcoin Network Shatters Records With Hashrate Climbing to 464 EH/s


While the price of Bitcoin has found stability, and the network’s difficulty remains fixed at 62.46 trillion until November 12, 2023, a different story unfolds in the hashrate department. Here, the seven-day average showcases a record-breaking moment for the network on November 1....

US Lawmakers Ask DOJ to Consider Criminal Charges Against Binance and Tether


Two U.S. lawmakers have asked the U.S. Department of Justice (DOJ) to consider criminal charges against Binance and Tether, alleging that the two crypto platforms were used to fund Hamas. “We urge the Department of Justice to carefully evaluate the extent to which Binance and Tether are providing...

Bank of Russia Predicts Digital Ruble Won’t End Other Payment Methods


The Central Bank of Russia does not expect the introduction of the digital ruble to end the popularity of other non-cash and cash payment options. According to statements offered by Alla Bakina, director of the bank’s national payment system department, other non-cash payment options have...

FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns


The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist organizations and state actors to obscure financial...

Every Franchise Xbox Now Owns After Buying Activision


On October 13, Microsoft completed its nearly two-year-long process of consuming Activision Blizzard King. And while it will take months and years for Xbox and all the parties involved to sort everything out and start bringing past Activision Blizzard games to Game Pass, for now, we can tally...

7 Senators Urge Treasury and IRS to Rapidly Implement Crypto Tax Reporting Rule


Seven U.S. senators have called on the Treasury Department and the Internal Revenue Service (IRS) to “implement the proposed crypto broker reporting rule as rapidly as possible.” The lawmakers stressed: “We are alarmed by the self-inflicted two-year delay for the rule’s implementation.” Senators...

Dashcam Footage Shows Cops Ignoring Robbery To Play Pokémon Go


Newly released dashboard camera footage shows two Los Angeles Police Department officers ignoring an active robbery in order to catch some rare creatures in Pokémon Go. The footage shows how the driver ignored stop signs, sped through quiet residential areas, and drove the wrong way down a one-way...

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