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Gary Gensler Asks SEC Staff to Fine-Tune Crypto Compliance — Says ‘Vast Majority Are Securities’

12.9.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, revealed that he has asked staff at the SEC to fine-tune compliance for crypto tokens and intermediaries. He emphasized that the vast majority of crypto tokens are securities. SEC Chairman Gary Gensler on Crypto...

Bitcoin Mining Expansion Heats Up: Crypto Miner Secures Underground Bunker, Cleanspark Snags Turnkey Mining Site

11.9.2022
Bitcoin mining operations continue to truck on through the crypto winter as a number of miners have revealed expansion plans during the last week. Following the acquisition of 10,000 ASIC Antminers, Cleanspark revealed it acquired a turnkey bitcoin mining facility from Mawson Infrastructure....

China to Crack Down on Copyright Infringement Through NFTs

10.9.2022
Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments....

ETC Group Says It Will List an Exchange-Traded Product Based on Anticipated ETH Hard Fork

10.9.2022
Digital asset-backed securities provider the Etc Group has said it will list an exchange-traded product (ETP) based on an anticipated hard fork of the Ethereum blockchain on September 15. Current holders of Etc Group’s ethereum ETP (ZETH) will be issued with “units of the new security...

Russia’s Sberbank to Allow Users to Issue NFTs on Its Blockchain Platform

10.9.2022
Recognizing existing demand for non-fungible tokens, or NFTs, one of the largest banks in Russia, Sberbank, now intends to allow users to issue them on its blockchain platform. The financial institution also plans to cooperate with art sites and galleries across the country. Sberbank to Give...

Bank of Russia to Promote Digital Ruble in Foreign Trade as Finance Ministry Pushes for Crypto Option

10.9.2022
Days after the two institutions agreed on the need for cross-border crypto payments, the finance ministry and the central bank of Russia are once again highlighting their different priorities. While the treasury department aims for legalizing cryptocurrency payments in the coming months,...

500,000 DAI From DAO Maker Exploit Was Sent Through Tornado Cash, Security Analysts Report

9.9.2022
On September 8, the crypto security and smart contract auditing firm Certik revealed that 500,000 DAI was sent through the Tornado Cash mixing platform after the funds were stolen in August 2021. The digital assets originally stemmed from the DAO Maker breach that saw the loss of more than...

SBF and the Mooch tie the knot as FTX Ventures takes 30% stake of SkyBridge Capital

9.9.2022
Scaramucci calls Bankman-Fried part of the “small universe of outside investors SkyBridge would ever consider partnering with,” promises SkyBridge’s investment strategy will not change

LUNA 2.0 Token Jumps 200% Higher Against the US Dollar in 24 Hours

9.9.2022
While digital currencies jumped in value during the early morning trading sessions on Friday (ET), the new Terra token, LUNA 2.0, jumped more than 200% in value against the U.S. dollar. LUNA jumped from a low of $1.90 per unit to a high of $6.87, but the token’s value has slipped to...

Crypto’s S&P 500: CoinDesk Unveils Broad-Market, Digital-Asset Index

9.9.2022
The CoinDesk Market Index is first in a family of nine new price indices built around the media company's Digital Asset Classification Standard for categorizing bitcoin, ether and other digital assets

Japanese Government Rewards Local Authorities With Non-Transferable NFTs

9.9.2022
According to reports, the Japanese government is one of the first countries to use non-fungible tokens (NFTs) as a supplementary award to local authorities that excelled in a digitization competition. The awards were given to local authorities as recognition for their efforts in using digital...

Thai Regulator Accuses Digital Asset Service Provider of Failing to Comply With Information Request – Matter Referred to Law Enforcement

9.9.2022
Thailand’s securities regulator recently said it had referred digital asset service provider Zipmex and its Thai unit chief executive officer, Akalarp Yimwilai, to a technology crime division of the Royal Thai Police. The regulator said it made decision after Yimwilai and his company failed...

Materium (MTRM) Is Now Available for Trading on LBank Exchange

9.9.2022
PRESS RELEASE. INTERNET CITY, DUBAI, Sep. 8, 2022 – LBank Exchange, a global digital asset trading platform, has listed Materium (MTRM) on September 5, 2022. For all users of LBank Exchange, the MTRM/USDT trading pair is now officially available for trading. As an epic fantasy RPG powered...

European Union Presents Project to Fight Counterfeiting by Using NFTs for 2023

9.9.2022
The European Union (EU) is working on a project that involves blockchain architecture and the use of non-fungible tokens (NFTs) to fight counterfeiting and forgery. The project is the product of several meetings and blockchain hackathons organized by the European Union Intellectual Property Office...

Delphi Labs shifts research focus to a new crypto ecosystem... and it’s not Ethereum

9.9.2022
As part of Delphi Digital’s research into major ecosystems to find a new focus for its R&D arm, the firm has selected Cosmos over Ethereum as it thinks the latter is too slow and expensive

US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source

8.9.2022
The U.S. Treasury Department will advise the federal government to press forward on work to issue a digital dollar, though it should only take the final step if there’s sign-off that the government-created tokens are in the “national interest,” according to a person familiar with a report emerging...

Bitcoin Mining Threatens America’s Climate Change Efforts, White House Science and Tech Department Says

8.9.2022
The Biden administration is concerned about digital currency mining operations affecting climate change, after the U.S. Office of Science and Technology Policy published a report that says politicians should take action against crypto mining. The federal government’s entity recommends...