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Ethereum’s Layer 2 Rollups Reduce Costs, but the Risks Are Underappreciated
26.10.2022
Ethereum’s incumbent rollup networks cannot currently claim that they “borrow” Ethereum’s security. Valid Points is CoinDesk’s weekly newsletter that breaks down Ethereum’s evolution and its impact on crypto markets
Gaming DAO Merit Circle to Burn Nearly $170M Worth of MC Tokens
26.10.2022
Decentralized autonomous organization (DAO) Merit Circle has voted to burn $169 million worth of its native token
UK Police Has Crypto Experts Stationed Nationwide
26.10.2022
The police has managed to seize and store up hundreds of millions of pounds worth of cryptocurrency, but welcomes new measures to ease seizures of crypto linked to crime and terrorism
Microsoft Working to Bridge Its Services With the Metaverse
26.10.2022
Microsoft, the software and computing behemoth, is seeking to adapt part of its software service stack to the metaverse. Ihsan Anabtawi, CMO of Microsoft UAE, declared that the company was working to make its cloud division compatible with metaverse experiences, and to allow companies to use...
New NFT Rules Possible if Lawmakers Ask, EU Official Says
26.10.2022
The treatment of non-fungible tokens wasn’t fully resolved by Brussels’ landmark Markets in Crypto Assets regulation
What the Mention of Crypto in Australia's Budget Means
26.10.2022
In its federal budget on Tuesday, Australia's Treasury reiterated a June announcement that bitcoin will not be treated as a foreign currency for tax purposes
Apple Unveils Stricter App Store Rules for Crypto and NFTs — Critic Says Firm Wants to Keep Money in Its Ecosystem
26.10.2022
According to Apple’s latest guidelines for developers seeking to have their apps included in the App Store, crypto exchange applications should only facilitate the transfer of crypto funds to approved exchanges. Where payments are needed to unlock features or functionality, Apple says apps...
Swiss-Based Crypto Bank SEBA Offers Custody for 'Blue Chip' NFTs
26.10.2022
SEBA is extending its digital asset custody services to blue-chip NFTs such as Bored Apes and CryptoPunks
Singapore Central Bank Proposes Stablecoin Rules to Reign in Crypto Sector
26.10.2022
In a separate document, the Monetary Authority of Singapore said it's also considering measures to limit retail investors without access to professional advice from engaging in crypto markets
Foreign Exchange Transactions Take Center Stage in New BIS CBDC Report
26.10.2022
The Bank for International Settlements tested its central bank digital currency research project, mBridge, in another pilot focused on foreign exchange transactions, a new report says
Crypto Markets See Largest Short Liquidations in 15 Months; Ether Leads Token Surge
26.10.2022
Crypto exchange FTX saw some $500 million in liquidations alone, a larger-than-usual figure
Paypal and Western Union File Trademarks for Wide Range of Crypto Services
26.10.2022
Financial services companies Paypal and Western Union have each filed three new trademark applications covering a wide range of crypto services. Paypal’s applications are also for the payments giant’s logo. Paypal’s New Trademark Filings for Crypto Services Paypal Inc....
SandStorm Launches On-Demand Metaverse Builds with 5 Virtual World Partners
26.10.2022
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com. Tampa, FL, Florida, 30th August, 2022, Chainwire The largest metaverse builder community SandStorm has launched its self-serve build proposals, making...
A Majority of US Voters Want More Crypto Regulation, Poll Shows
26.10.2022
Poll results indicate that more voters want to see lawmakers treat cryptocurrency as a “serious and valid part of the economy” than as a “mechanism for fraud” and other crimes
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s
26.10.2022
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by...
Rishi Sunak Becomes UK Prime Minister — He Wants to Make Britain a Global Crypto Investment Hub
26.10.2022
Britain’s former Chancellor of the Exchequer Rishi Sunak has become the country’s new prime minister, succeeding Liz Truss who resigned after 44 days in office. The leader of the Conservative Party previously said: “It’s my ambition to make the U.K. a global hub...
Treasury Secretary Janet Yellen: US Financial Stability Risks Could Materialize, Cites ‘Dangerous and Volatile Environment’
26.10.2022
Treasury Secretary Janet Yellen has warned that financial stability risks could materialize in the U.S. Noting that “Inflation remains too high, and we are contending with serious global headwinds,” she stressed that the Treasury is “closely monitoring the financial sector,...
First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K
26.10.2022
The U.S. Department of Justice is alleging that two Chinese intelligence officers tried to bribe an undercover FBI agent with bitcoin for information about the U.S. government’s investigations into technology giant Huawei
US Charges Chinese Spies in Scheme to Bribe Government Employee With Bitcoin to Steal ‘Secret’ Documents
26.10.2022
The U.S. has charged two Chinese intelligence officers in a scheme to bribe a U.S. government employee to steal “secret” documents relating to the prosecution of a company in China. The defendants paid the government employee, who is actually a double agent, approximately $61,000...
Central Bank of Turkey Plans to Launch a CBDC in 2023
25.10.2022
The proposal was mentioned in the executive branch's annual plan presented on Monday