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As Bitcoin Keeps Tanking, Arthur Hayes Joins Chorus of USD 1m BTC Predictors and Warns of 'The Doom Loop'
27.4.2022
With the price of bitcoin (BTC) falling lower, former BitMEX CEO Arthur Hayes is joining the ranks of the most bullish bitcoin proponents, with a USD 1m price prediction as part of what he calls “the doom loop” that started with sanctioning Russia over its invasion of Ukraine.
“The shock...
US Senate confirms Lael Brainard as Fed vice chair
26.4.2022
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years
The Worst Enemy In Elden Ring's Siofra River Well
26.4.2022
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Macron’s Re-election Could Boost Unified Euro Crypto Regulation, 'European Metaverse'
25.4.2022
For France’s crypto industry, Emmanuel Macron's re-election for another five-year term may mean that Paris will oppose measures to hamper crypto innovation at the European Union level, but also that France will push for the creation of a “European metaverse.”
French President Macron has won...
American Bitcoin Miner Aims to Sell USD 30M Equipment in Russia to Avoid Sanctions
25.4.2022
US-based Bitcoin (BTC) & crypto mining company Compass Mining aims to sell USD 30m worth of mining gear currently stuck in Siberia to buyers in Russia in a bid to avoid possible sanctions by the US and the EU.
Whit Gibbs, CEO of the Texas-based company, has told Bloomberg that the mining...
Financial Stability Risks Grow as War in Europe Complicates Push to Contain Inflation
23.4.2022
Tobias Adrian is the Financial Counsellor and Director of the International Monetary Fund (IMF)’s Monetary and Capital Markets Department.
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While no systemic event has materialized, the balance of risks has tilted more firmly to the downside....
Read More: Financial Stability Risks...
‘PoS Fanatics Attacking PoW are Actual Supervillains’, Kraken’s Powell Says as US Politicians Charge
22.4.2022
A letter by a group of Democratic members of the US Congress attacking proof-of-work (PoW) mining and praising proof-of-stake (PoS) is causing an uproar in the Bitcoin (BTC) community, with crypto exchange Kraken CEO Jesse Powell claiming that “PoS fanatics attacking PoW are actual...
US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing its Natural Resources'
21.4.2022
The US has imposed sanctions on a Russian Bitcoin (BTC) and crypto mining firm in a bid to deter Moscow's possible evasion of existing sanctions, imposed as punishment over its invasion of Ukraine....
Read More: US Sanctions Russian Bitcoin Miner BitRiver to Prevent Russia from 'Monetizing...
IMF Deal ‘Dead’ and So Is Bitcoin Bond Issuance, Claim Bukele Critics
20.4.2022
The former Governor of the Salvadoran central bank, the Central Reserve Bank, claims that negotiations with the International Monetary Fund (IMF) are “practically dead” – and says investors are “not interested” in the delayed bitcoin (BTC) bonds issuance President Nayib Bukele wants to use...
First Australian Bitcoin ETF Comes to Cboe, 40 Crypto Players Send a Letter to EU + More News
19.4.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: First Australian Bitcoin ETF Comes to Cboe, 40 Crypto Players Send a Letter to EU + More News
SEC Faces Storm of Criticism from Crypto Sector, Lawmakers over ‘Exchange’ Re-definition Plans
19.4.2022
The United States Securities Exchange Commission (SEC) and its Chairman Gary Gensler have received a slew of letters from pressure groups and parliamentarians voicing their concerns about proposed amendments to the Exchange Act, established in the 1930s. The agency plans to expand the legal...
Crypto-focused PAC has used $9M to support Democratic candidates since January
18.4.2022
The Protect Our Future PAC used more than $9 million toward mainly digital, television, and radio ad buys for U.S. House of Representatives candidates' campaigns
No Truth in Reports that Russia’s Finance Ministry Wants Crypto to Become ‘Legal Tender’
18.4.2022
Reports stating that the Russian Ministry of Finance now “recommends using cryptocurrencies as legal tender” appear to be very wide of the mark.
A number of crypto-related media outlets have made the claim that the ministry has pushed for a move that would put tokens on the same footing as...
US SEC’s Proposal On 'Exchange' Definition Could Be Unconstitutional - Think Tank
15.4.2022
A recent proposal by the US Securities and Exchange Commission (SEC) aims to amend the definition of 'exchange' and alternative trading systems (ATSs) in American regulation, but it could instead create “an inappropriately broad standard for registration” that would place unconstitutional...
‘Let’s Create a Crypto Ministry,’ Industry Urges South Korean President-Elect
13.4.2022
A summit of South Korean lawmakers, industry chiefs, and leading academics has called for the country’s President-Elect Yoon Suk-yeol to create a minister – or a ministry-level agency – for the crypto sector....
Read More: ‘Let’s Create a Crypto Ministry,’ Industry Urges South Korean...
Bitfinex, Tether Launch Bitcoin, USDT Donation Funds for Victims of El Salvador Gang Crime
12.4.2022
The crypto exchange Bitfinex and the USDT issuer Tether have set up a crypto relief fund to aid the families of the people affected by the gang-related violence in El Salvador – although the government’s controversial crackdown on gang crime continues to intensify in the country....
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United States Crypto Lobbyists Making Inroads at State Level – Report
11.4.2022
Crypto lobbyists are making breakthroughs with adoption-focused legislation at the state level in various parts of the USA – with federal regulation still lagging behind.
Per a report from the New York Times, in the Florida House in March, legislators “swiftly gave final approval” to a bill...
South Korean Bank Shinhan Launches Nation’s First Corporate Crypto-Fiat Account
9.4.2022
The South Korean commercial banking giant Shinhan has become the first bank in the nation to offer crypto account services to a corporate client.
ZDNet Korea reported that on April 7, the bank created a corporate fiat KRW account exclusively for cryptoasset transactions to the crypto exchange...
Bukele Returns to Miami Bitcoin Conference as Gangland Crackdown Takes Gruesome Turn
6.4.2022
International bitcoiners will be turning their eyes to El Salvador again this week – but some are concerned that government’s aggressive recent crackdown on gang crime could undermine its standing in the bitcoin (BTC) community....
Read More: Bukele Returns to Miami Bitcoin Conference...
Time to Appoint a ‘Minister of Web3’, Says NFT Policy-making Group of Japanese MPs
2.4.2022
The ruling Japanese political party’s new non-fungible token (NFT) task force has recommended that the government appoints a “Web 3.0 minister.”...
Read More: Time to Appoint a ‘Minister of Web3’, Says NFT Policy-making Group of Japanese MPs