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How the Crypto Industry Responded to FinCEN's Proposed Mixer Rule

30.1.2024
Last October, the Financial Crimes Enforcement Network proposed implementing a new regulatory regime for crypto mixing services that would treat the entire class of privacy tools as money laundering threats and force new recordkeeping rules on U.S. people or entities that use them. The industry...

New York’s Bar Association Seeks Law Reform to Keep Crypto Market Lead

30.1.2024
New York City’s Bar Association has pitched an amendment to the law relating to emerging technologies aiming to see the city maintain its crypto market lead. The proposals on several issues were contained in its New York’s state Legislative Agenda released on Jan 29. The Bar seeks to amend lawsuits...

Coinbase shares expert views on the state of bridging in 2024

30.1.2024
Coinbase recently shared its expert views on the state of bridging in 2024. The official post by Coinbase read that bridges have become a pivotal infrastructure for service providers, users, and protocols. There are three types of bridges primarily being used in the market: Bridge Aggregators...

PlayStation’s State Of Play: How To Watch And What To Expect

29.1.2024
It’s that time again: PlayStation’s State of Play is back on January 31, 2024 at 5:00 p.m. ET to show off more games you can expect to be playing soon on that pretty PS5 of yours. And with a 40-minute showing, it’ll be a bit longer than usual this time. Here’s where you can watch it and what...

PeckShield: Crypto Scams Plummeted 27.78% in 2023

29.1.2024
Blockchain security firm PeckShield has released an overview of the state of cryptocurrency hacks in the last twelve months with over 600 reported cases resulting in losses of $2.61 billion. Impressively, crypto scams saw a drop of 27.78% in 2023. The company disclosed its latest findings in a...

Russian Crypto Miners Blamed for Siberia Power Outages

26.1.2024
Russian power providers say crypto miners are to blame for “mass” electricity outages during recent cold snaps. Per Interfax, Rosseti Siberia, the local branch of the state-run power provider Rosseti, “recorded an increase in the volume of illegal mining at the end of 2023 in a number of regions...

Crypto Lender Abra to Return Assets to Texas Investors

25.1.2024
Following regulatory scrutiny, crypto lender Abra has agreed to a settlement. The settlement, which focuses on Abra’s alleged unregistered securities offerings, will see the company returning assets to Texan investors. Abra Agrees to Refund Texas Investors in Settlement Over Crypto Offerings...

Russia Mulls Cryptocurrency Mining Disconnection Proposal

25.1.2024
Cryptocurrency miners might be disconnected for up to 500 hours per year in Russia, according to a proposal supported by the State Duma Energy Committee to tackle the energy deficit in some regions. The initiative would be an alternative to introducing special tariffs directed to miners that would...

Britcoin: Is a Digital Pound Really on The Horizon?

25.1.2024
The UK Parliament and the Bank of England (BOE) continue to “um and ah” over whether a state-backed digital pound also known as “Britcoin” or a Central Bank Digital Currency (CBDC) is needed. On Wednesday, the UK’s Permanent Secretary of HM Treasury James Bowler, said a digital pound consultation...

What's Uniting the SEC's Crypto Cases

24.1.2024
Earlier this week, a federal judge asked attorneys with the U.S. Securities and Exchange Commission why – "big picture" – there wasn't any sort of uniting regulation addressing crypto

Crypto Lender Abra Settles Lawsuit, Will Reopen Customer Withdrawals

24.1.2024
Crypto lender Abra has reached a tentative settlement with the Texas State Securities Board. According to a document published January 22nd, Abra has agreed to reimburse the assets invested by the state’s residents. The document highlights that Abra has begun winding down its U.S. retail...

China Proposes Digital Yuan’s Accelerated Adoption in Beijing and Shanghai

23.1.2024
China authorities have proposed new policies to accelerate the adoption of digital yuan in designated districts in Beijing and Shanghai. According to Xinhua, China State Council’s General Office has announced a comprehensive reform initiative for Shanghai’s Pudong New Area, scheduled to...

Unpacking The ‘Pokémon With Guns’ Game Palworld And Its Controversies

22.1.2024
It has been a whirlwind of a weekend for Palworld, the Ark-like survival game colloquially called “Pokémon With Guns.” Pocketpair’s latest has already sold over five million copies since launching in Early Access on January 19, and shot to the top of Steam and Twitch charts over the weekend....

Bitcoin Technical Analysis: BTC Navigates Through Bearish Currents

22.1.2024
With market capitalization standing at $798 billion and a 24-hour trade volume of $16.58 billion, bitcoin’s current state remains consolidated just above the $41K zone. As bitcoin hovers around $41,088, a meticulous analysis of its 1-hour, 4-hour, and daily chart unveils a predominantly...

Tokenized Asset Coalition Expects Tokenization to Grow in 2024

20.1.2024
The Tokenized Asset Coalition (TAC), a membership organization that promotes the institutional adoption of tokenization practices to bring real-world assets to the blockchain, has published its State of Tokenization report. The document explains that 2023 saw the birth of a tokenized risk curve...

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