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50 US Lawmakers Reintroduce ‘CBDC Anti-Surveillance State Act’ to Protect ‘the American Way of Life’
13.9.2023
Fifty U.S. lawmakers have reintroduced the CBDC Anti-Surveillance State Act to prohibit the Federal Reserve from issuing a retail central bank digital currency “while protecting innovation and any future development of true digital cash.” Congressman Tom Emmer stressed: “President Biden is willing...
Sam Bankman-Fried Remains Stuck in Jail
13.9.2023
Sam Bankman-Fried lost a bid to be released from jail ahead of his trial next month. All hope isn’t lost for him, but time is running out for the FTX founder
Environmentalists Rally Against Crypto Mining Facility Renewal in New York, Citing Climate Concerns
11.9.2023
Environmental advocates are redoubling their efforts to persuade New York officials to decline an air permit renewal for a cryptocurrency mining facility in North Tonawanda. They assert that the operation imperils residents’ quality of life and undermines the state’s climate objectives...
Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner
10.9.2023
Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement released Friday, the Nasdaq-listed...
‘I’m Bullish on Bitcoin’ — Ted Cruz Champions Bitcoin’s Boon for Texas and Power Grid Boosts
9.9.2023
Ted Cruz, the U.S. Republican senator from Texas, expressed his optimism on Friday, stating he’s “bullish on bitcoin,” after a recent interview with Forbes released on September 8. During the conversation, Cruz highlighted emerging reports indicating that bitcoin mining...
Eric Chen, CEO of Injective Labs, on Building Finance Specific Blockchains and the Current State of DeFi | Ep. 263
8.9.2023
In an exclusive interview with cryptonews.com, Eric Chen, CEO of Injective Labs, talks about building blockchains specifically for finance, driving industry growth and redefining community engagement, and the current state of DeFi....
Read More: Eric Chen, CEO of Injective Labs, on Building Finance...
Looking at Uniswap and Crypto’s New Favorite Ruling
6.9.2023
A ruling dismissing a putative class action lawsuit against Uniswap will almost definitely come up again in other lawsuits involving securities law and crypto entities
State Bank of India Introduces UPI Integration for Digital Rupee
4.9.2023
India's largest public sector bank, State Bank of India (SBI), has introduced UPI (Unified Payments Interface) interoperability with Digital Rupee, India’s Central Bank Digital Currency (CBDC).
Currently, there are 300 million UPI users and 500 million merchants who use UPI to accept money...
Colorado DMV Accepts Crypto Payments Through Paypal
2.9.2023
The Colorado Department of Motor Vehicles (DMV) has announced it accepts cryptocurrency for its online services via the payment processor Paypal. Besides paying local taxes with coins, residents of the crypto-friendly state will be able to use their digital cash to renew driver’s licenses...
Elon Musk’s X moves closer to crypto payments with new state license
30.8.2023
Regulators from Rhode Island have approved X’s application for a currency transmitter license
Tornado Cash Indictments May Prove to Be Just a Localized Storm After All
30.8.2023
The Tornado Cash indictments could be another tipping point for crypto. How the case plays out could define how the federal government can deal with decentralized trading platforms if they’re seen as broad precedents. But the case may be much more straightforward than initial reactions suggested
FTX Founder’s Expert Witnesses Face Exclusion in Fraud Trial
29.8.2023
The U.S. Department of Justice filed a motion on Monday seeking to bar all seven of Sam Bankman-Fried’s proposed expert witnesses from testifying in the former FTX CEO’s upcoming fraud trial. Federal prosecutors cited issues with the witnesses’ reliability and accused them...
SEC Charges Former US Correctional Officer With Fraudulent Crypto Token Sale
25.8.2023
The U.S. Securities and Exchange Commission said on Aug. 23 that it had charged a former New Jersey correctional officer “with fraudulently raising funds through the unregistered offering of the blazar token.” The Commission said the correctional officer’s scam was primarily...
Privacy Mixer Tornado Cash Is an Entity, Judge Says
22.8.2023
Dirk Lueth, Co-Founder of Upland, on the State of the MetaVerse, SuperApps, and Web3 Games | Ep. 258
22.8.2023
In an exclusive interview with cryptonews.com, Dirk Lueth, Co-Founder & Co-CEO of Upland, talks about how Upland became the leading Web3 Metaverse SuperApp, why the future of web3 gaming will be completely open, and their partnership with FIFA Women’s World Cup. ...
Read More: Dirk Lueth...
Over 40 Heads of State Will Attend BRICS Summit, South Africa Confirms
22.8.2023
South Africa, the host of the BRICS summit this year, has confirmed that more than 40 heads of state will participate in the summit that will take place on Aug. 22-24. South Africa has also claimed that 23 countries have formally applied for BRICS membership. 40+ Heads of State to Participate...
Farmington Bank Faces Fed Wrath: Alameda-Backed Financial Institution Ordered to Shutdown
21.8.2023
In a statement released August 17, 2023, Farmington State Bank, with an investment from Sam Bankman-Fried’s Alameda Research, consented to a cease and desist order from the U.S. Federal Reserve. Alameda invested $11.5 million into the bank’s coffers in January 2022. Government seizure...
Mining 1 BTC in Lebanon is 783x cheaper than Italy: CoinGecko
20.8.2023
According to the report, Europe is home to nine out of the ten least profitable countries for Bitcoin production, determined by household electricity costs
FTX-Linked Farmington State Bank Slapped with Fed Enforcement Action
17.8.2023
TK
Sam Bankman-Fried Is Now in Jail
17.8.2023
It’s a bit of a truism in journalism that any headline that ends in a question that can be answered with “yes” or “no” will usually be answered with “no.” A few weeks ago, however, I asked “Is Sam Bankman-Fried Going to Jail?” and in a rejection of that truism, the answer was “yes.”