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Digital Currency Group Announces Major Shake-Up: Genesis Trading and Lending Arms to be Sold
7.2.2023
The troubled crypto firm Genesis has reached an agreement with key creditors that would involve a sale of the crypto lending and trading arm of the company....
Read More: Digital Currency Group Announces Major Shake-Up: Genesis Trading and Lending Arms to be Sold
Crypto Miners Blamed for Abkhazia Power Outages
7.2.2023
Major power blackouts in Abkhazia have been blamed on illegal crypto miners, marking a fresh setback for the region.
News headlines have been dominated by bitcoin (BTC) and altcoin mining in recent years in the de facto Caucasus-based state. Abkhazia sits in the northwestern corner of Georgia...
Small Victory for Sam Bankman-Fried: Prosecutors Resolve Dispute Over Bail Conditions – Here's What Happened
7.2.2023
After a tumultuous month for disgraced FTX boss Sam Bankman-Fried (SBF), finally prosecutors have given ground.
January was difficult for SBF. Despite being sat in home arrest in California, on a $250m bond. Last week US District Judge Lewis Kaplan imposed severe restrictions on...
Crypto Companies Rush to Help Turkey and Syria Earthquake Victims – Blockchain Beyond Borders?
7.2.2023
A 7.8 magnitude earthquake sent shockwaves across Turkey and Syria on Monday. The incident has been coined the 'deadliest in a decade'.
Caused by a 100km rupture at the East Anatolian fault, the epicentre was 26km East of Nurdagi. Only the third earthquake on the strike-slip fault to measure above...
South Korea Takes Major Step Toward Cryptocurrency Legalization with New Guidelines on Securities Tokens
6.2.2023
South Korea has taken a major step towards bringing crypto into the mainstream as the country’s main financial regulator introduces new guidelines on security tokens.
Under the new guidelines, security tokens, defined as financial assets issued by a centralized party and tokenized on a blockchain...
Brazil to Grant Prosecutors, Police New Crypto Confiscation Powers
6.2.2023
The Brazilian government looks set to grant the nation’s prosecutors, courts, and police officers new powers to confiscate crypto.
According to an official release from the Attorney General, the nation’s Federal Public Ministry (MPF) has prepared a draft crypto “guide” for prosecutors and...
Starknet Prover soon becomes open-source!
6.2.2023
StarkWare has published an official blog post to announce that it is going to open source StarkNet Provider under an Apache 2.0 license with the objective of boosting collaboration and increasing accessibility to developers in the community. Calling it a milestone in the evolution, StarkWare...
FTX Japan Bidding Deadline Extended
6.2.2023
Bidders have been given more time to register their interest in the crypto exchange FTX’s Japanese arm, FTX Japan.
The Japanese media outlet CoinPost reported that a bankruptcy court in the United States has pushed back the bidding date for the exchange from March 15 to April 19.
An auction...
CFTC Chair: Agency Well-Positioned to Regulate Crypto
4.2.2023
The Commodity Future Trading Commission is "well positioned" to address regulatory gaps in the crypto market, according to CFTC Chair Rostin Behnam.
In prepared remarks for a February 3 American Bar Association event, Behnam said his stance toward cryptocurrencies has not changed. He said...
Lodestar announces the mega launch of v1.4.0
3.2.2023
Lodestar has announced the launch of v1.4.0. The update brings several fixes to ensure that it offers security, stability, and the absence of all the vulnerabilities that were publicly reported between 2020 – 2022. Proposed first in November 2021, the mechanism is now ready to be used...
Binance Terminates Wallet Services to WazirX, Asks Exchange to Withdraw Assets
3.2.2023
Binance has stopped providing wallet services to WazirX, asking the Indian crypto exchange to withdraw any remaining assets held in Binance wallets.
In a Friday blog post, the largest cryptocurrency exchange in the world said it is terminating the use of its wallet services by WazirX due...
North Korean Defectors, Libyans Indicted for ‘Kimchi Premium’ Crypto Trading
3.2.2023
South Korean prosecutors have arrested a group of foreign nationals – comprising North Korean defectors and at least one Libyan national – over suspected “kimchi premium”-type crypto trading offenses.
Per Yonhap, prosecutors have charged and detained three individuals, including a 44-year-old...
Silvergate Bank Stock Plunges After Report of DOJ Investigation into Ties with FTX and Alameda
3.2.2023
Silvergate shares have seen a sharp drop in pre-market trading following the news that US officials have launched a probe into the crypto bank's dealings with fallen crypto giants FTX and Alameda Research. ...
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Billionaire Charlie Munger Says America Should Ban Crypto – Here's Why
2.2.2023
The US should follow in China’s footsteps and implement “a ban of cryptocurrencies,” according to billionaire investor Charlie Munger.
Writing in an opinion piece for the Wall Street Journal on Wednesday, Mr. Munger said crypto “isn’t a currency,” and likened the crypto market to a casino “with...
Police Raid ‘Illegal Marijuana Plantation’ – But Find BTC Mining Farm Instead
2.2.2023
Spanish police got more than they bargained for when they went in search of a marijuana farm – and ended up unearthing an illegal bitcoin (BTC) mining operation instead.
Per Xataka and an official police report, officers were investigating what they initially thought was an “indoor marijuana...
Coinbase Emerges Victorious in Case Over Unregistered Securities Claims
2.2.2023
Major crypto exchange Coinbase has achieved success in its legal battle related to a lawsuit filed by a group of clients who claimed the platform facilitated the sale of unregistered securities and failed to register as a broker-dealer. The exchange managed to secure a dismissal of the class-action...
India’s Largest Retail Chain to Accept Payments in CBDC
2.2.2023
India's largest retailer Reliance Retail has announced plans to accept payments in the digital rupee in a move that could boost the nation's adoption of CBDCs....
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Russian Crypto Mining Fraudster Jailed for Four Years
2.2.2023
A Russian man has been sent to prison for four years for crypto mining-related fraud.
Per the media outlet 56 Orb, the man is a 47-year-old resident of Orenburg, a southwestern city near Russia’s border with Kazakhstan.
A court in the city heard that the man duped a local entrepreneur into...
KardiaChain partners with Vibranium Audits & revolutionizes dApp
2.2.2023
KardiaChain happens to be extremely pleased to make their announcement officially of having formed a strategic partnership with Vibranium Audits. This very entity happens to be a very well-known provider of advanced security and compliance solutions. Through this well-formed partnership, it will...
Cathie Wood of ARK Invest Stands By $500,000 Bitcoin Price Prediction – Here's Why
1.2.2023
In a defensive interview CEO Cathie Wood has stood by her thesis that Bitcoin will hit $500k by 2030.
Wood is the forward-thinking head of Ark Invests and irs flagship tech-oriented ARKK ETF. Notorious for betting big on the latest and greatest in biotechnology.
In 2020, Wood made headlines with...