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Solar-Powered Crypto Farm in Australia to Prove Bitcoin Mining Can Be Green
18.9.2022
A crypto mining data center in the state of South Australia will be running mainly on solar-generated electricity, a media report reveals. The coin minting facility has been set up in a region known for its energy-hungry iron ore extraction and steel production. Bitcoin Farm to Mine Cryptocurrency...
DOJ publishes second report on EO digital asset crime, announces new expert network
16.9.2022
The U.S. Justice Department has published another report on crypto crime with detailed recommendations for legal reform; it has also formed a network of experts to advise offices
US Treasury report encourages instant payment, recommends more CBDC research
16.9.2022
In one of three reports released simultaneously Friday, the Treasury Department talks cautiously about stablecoins and CBDC in the context of wider payment technology
SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
16.9.2022
The guidance suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks
Sales of Hardware Crypto Wallets Decline in Russia With Easing Currency Restrictions
16.9.2022
Interest in hardware wallets allowing cold storage of cryptocurrencies is decreasing among Russian users after this year’s surge that followed the invasion of Ukraine. The sale volumes for these devices have almost halved, according to a report quoting leading marketplaces. Russians’...
Michael Saylor Publishes Open Letter Discussing the ‘Sheer Volume of Misinformation’ Tied to Bitcoin
16.9.2022
The Microstrategy executive Michael Saylor is a big believer in Bitcoin as his company has purchased close to 130,000 bitcoin during the last few years. Six days ago, the U.S. Office of Science and Technology Policy published a report that claims proof-of-work mining operations have been affecting...
SEC’s Gensler Signals Extra Scrutiny for Proof-of-Stake Cryptocurrencies: Report
15.9.2022
Speaking after the Merge (but not specifically about Ethereum), SEC Chair Gary Gensler said proof-of-stake cryptos could be investment contracts that subject them to securities regulations
South Korea’s Ministry of Foreign Affairs Plans to Revoke Do Kwon’s Passport: Report
15.9.2022
According to local reports stemming from South Korea, the country’s foreign ministry is looking to invalidate the co-founder of Terraform Labs Do Kwon’s passport. The story was published the day after it was reported that Seoul’s Southern District Prosecutors Office issued...
South Korea Looks to Invalidate Terra Co-Founder Do Kwon's Passport: Report
15.9.2022
The six South Korean nationals, including Do Kwon, were served with an arrest warrant earlier for violating the South Korea's capital markets act
Report: Financial Services Giant Old Mutual Appointed Manager of South African Stablecoin Project’s Cash Reserves
15.9.2022
One of South Africa’s largest financial services groups, Old Mutual, has reportedly been appointed manager of the ZARP stablecoin project’s cash reserves. Founders of the stablecoin are hopeful that the appointment of one of the country’s oldest financial services companies...
Report: South Korean Prosecutors Issue Arrest Warrant for Terraform Labs CEO Do Kwon
14.9.2022
A warrant for the arrest of Do Kwon and five others has reportedly been issued by prosecutors in South Korea. The prosecutors allege that Kwon and his co-accused violated the country’s capital markets law. In addition to the arrest warrant, prosecutors will reportedly request an Interpol...
Bitcoin, Ethereum Technical Analysis: BTC Drops by Over $2,000 in the Last 24 Hours
14.9.2022
Cryptocurrency prices plunged in today’s session, as markets reacted to the latest U.S. inflation report. Bitcoin fell by over $2,000 in the last 24 hours, as consumer prices fell by less than expected in the United States. Ethereum was also in the red, as the token dropped below $1,600....
New York’s Museum of Modern Art Considers Buying NFTs With Proceeds of $70M Auction: Report
14.9.2022
New York’s Museum of Modern Art (MoMA) will auction off $70 million worth of William S. Paley's art collection, with the museum considering the acquisition of non-fungible tokens (NFTs) with the proceeds
Emerging markets lead global adoption index: Chainalysis report
14.9.2022
Lower-middle income countries hold a majority of the positions in the top 20 countries in terms of crypto adoption
Web3 Gaming Still Growing Despite Economic Woes, According to Dappradar Report
14.9.2022
According to a recent report produced by Dappradar, the Web3 gaming industry has managed to raise $750 million since August 1st in spite of the crypto downturn, with several important projects registering positive numbers regarding sales and activity. Web3 Gaming Industry Thriving Amidst Economic...
S. Korean Court Issues Arrest Warrant Against Terra Co-Founder Do Kwon: Report
14.9.2022
The warrant has been issued against Kwon and five others, according to the report
First Mover Asia: Bitcoin Struggles Following Inflation Report; California Crypto Bill Is an Overstep, Say Legal Experts
14.9.2022
The bill would prohibit California-licensed entities from dealing with stablecoins, unless that stablecoin is fully-backed by securities and issued by a bank or licensed by the California Department of Financial Protection and Innovation
Celsius CEO plans to restructure firm to focus on crypto custody: Report
13.9.2022
Alex Mashinsky reportedly made the announcement at a Sept. 8 meeting, at which Celsius discussed possible scenarios for its future after filing for bankruptcy in July
Hot CPI report puts a dent in Bitcoin and Ethereum rally, stocks also lose ground
13.9.2022
BTC, ETH, altcoins and stock prices crumbled in the face of a hotter than expected CPI report. Is there room for a short-term recovery?
Twitter Shareholders Approve Musk Buyout Offer: Report
13.9.2022
:Musk has repeatedly tried to back out of the $44 billion takeover deal