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TerraUSD, Terra LUNA Price Drop As Algorithmic Stablecoins Face Ban
21.9.2022
The USTC, LUNA and LUNC price are in the red today amid breaking news that a House stablecoin bill could see coins like TerraUSD banned for two years.
Bloomberg, who obtained a copy of the proposed stablecoin bill, reported:
Stablecoin legislation being drafted in the House would place a two-year...
Tornado Cash Ban Will Aid China’s AI Goals
16.9.2022
The U.S. government's decision to sanction Tornado Cash and force blockchains to make transaction data public has dangerous geopolitical implications in the tech race against China
Possession of Bitcoin still legal in China despite the ban, lawyer says
16.9.2022
Crypto holders in China are protected by the law in case of theft, misappropriation or breach of a loan agreement despite the ban on crypto
Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
15.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Thailand Bans 'Depository Services', Chinese Court Says Investors Can Trade Crypto, Coinbase-BR Partnership + More News
Thai SEC intends to ban crypto lending in the country
15.9.2022
The Securities and Exchange Commission of Thailand is preparing to take radical measures in the aftermath of the summer’s crypto lending platforms’ crashes
Crypto Exchange Bybit Halts Derivatives Trading in Brazil After Exchange Commission Ban
14.9.2022
Bybit said it is holding talks with Brazil’s securities commission, but will discontinue trading of crypto futures and options as of Thursday
Diablo Immortal Community Faces New Unrest Over Ill-Gotten Orbs, Lack Of Bans
12.9.2022
In the real world, everything runs on Dunkin. In Diablo Immortal, it’s powered by orbs. Eternal Orbs, to be precise. And players are once again reckoning with the mobile action-RPG’s microtransaction economy after Blizzard announced that players who’d purchased hundreds of thousands of illicit orbs...
US congressman and crypto skeptic explains why a crypto ban won't work
5.9.2022
Sherman said any task force or committee set up to help and protect investors wouldn’t work as long as gullible investors keep investing in meme coins
US Lawmaker Says ‘Too Much Money and Power’ Behind Crypto to Ban It
5.9.2022
U.S. Representative Brad Sherman says Congress has not banned crypto because “there’s too much money and power behind it.” He elaborated: “Money for lobbying and money for campaign contributions works, or people wouldn’t do it, and that’s why...
Steam Bans Scammers After Dev Reveals Potential Shady Game Reselling
2.9.2022
Earlier this week, a developer’s Twitter thread about shady Steam curators who potentially lie to get free game codes went viral. In the thread, using a bit of a sting-like operation to support his suspicions, the dev theorized that these shady curators take game keys and sell them instead of using...
Nintendo Bans Splatoon 3 Cheaters Before The Game's Even Out
31.8.2022
Splatoon 3 fans were treated to a nice surprise this past weekend when Nintendo staged a special Splatfest event before the game’s official release. This gave folks a chance to download and play a demo of the colorful shooter ahead of its September 9 release date. However, players bold enough...
South Korea Must Reverse Ineffective Ban on Crypto ICOs, Central Bank Says
30.8.2022
The Bank of Korea says domestic companies like stablecoin issuer Terra were able to circumvent the ban and sell digital tokens to locals by setting up corporations overseas
Amid Colorado’s Gas Flare Ban, Report Shows Half Dozen Gas and Oil Firms Are Raking in a Lot of Bitcoin
30.8.2022
In November 2020, Colorado banned gas flaring, venting, and the release of raw gas into the atmosphere. While the centennial state has a large number of well sites, a recent report shows that roughly a half dozen Colorado oil and gas companies are leveraging gas-to-bitcoin flare mitigation systems...
South Korea’s Central Bank Calls for End to ICO Ban
29.8.2022
South Korea’s blanket ban on initial coin offerings (ICOs) could finally be on the way out after the central Bank of Korea (BOK) spoke out in favor of policy change.
The ban was first put into place in late 2017 as crypto fever took hold in the country and the government responded with a series...
Taliban Releases Arrested Crypto Dealers, Bans Crypto in Afghanistan
29.8.2022
The Taliban has released arrested crypto dealers after around a week in detention but has imposed a nationwide ban on digital assets citing scams and fraud.
On August 14, the Taliban forces raided a total of 16 local crypto exchanges in Herat, the third-largest city of Afghanistan, without prior...
Afghanistan Closes Down 16 Cryptocurrency Exchanges, Arrests Operators
26.8.2022
Law enforcement in Afghanistan has shut down over a dozen crypto exchanges in Herat, detaining the people who were running them. The offensive comes after the introduction of a ban on online foreign exchange that the Taliban seem to have applied to coin trading as well. Taliban Government Goes...
The Internet Is Kicking Toxic Jerk Andrew Tate Off The Funniest Places
25.8.2022
Andrew Tate, a former kickboxer-turned-misogynistic-internet-guru-for-incels, was recently kicked off every major website you could think of for being a piece of shit. But his legacy now lives on as the butt of everyone’s memes.Read more
Afghan police close down cryptocurrency exchanges to enforce central bank ban: Report
25.8.2022
The Afghan central bank declared forex trading un-Islamic and illegal earlier this year, and issued a warning about continuing activities a month later; now arrests have been made
Uniswap Censors 253 Crypto Addresses Blacklisted for Crime, Sanction Associations
20.8.2022
According to a recently published report, the decentralized exchange (dex) Uniswap has blocked roughly 253 cryptocurrency addresses allegedly tied to crimes or government sanctions. The information was discovered by the software developer Banteg who analyzed and saved the shared logs from...
Chinese mining giant Canaan doubles profits despite the blanket crypto ban
18.8.2022
The Chinese crypto miner maker Canaan has been expanding its mining business, accumulating a total of 346.84 BTC by the end of June