Search
Circle to Issue Weekly USDC Reserve Reports — Tether Publishes May 2022 Assurance Report
22.5.2022
The co-founder and CEO of Circle, Jeremy Allaire, has announced the cryptocurrency firm that issues the stablecoin usd coin plans to provide the public with weekly stablecoin reserve reports. Additionally, the company Tether has also released an assurance report on its stablecoin reserves via...
Texas Game Studio Will Help Employees Fleeing Anti-Trans, Anti-Abortion Laws
20.5.2022
As large areas of the United States grow increasingly hostile toward trans folks and abortion rights, one Texas game studio CEO is promising to assist employees who want to leave the state should it come to that (h/t GamesIndustry.biz).Read more
Bungie Calls Out Gaming Racism After Buffalo Shooting, Won't Be 'Muzzled' By Sony
18.5.2022
Yesterday players expected Bungie to reveal the latest content coming to Destiny 2 in the form of Season 17. Instead, following the latest mass shooting in Buffalo, NY, Bungie called on fellow gaming companies to examine how racism and radicalization occur in their own online communities even...
SkillzVault and ESE Entertainment Win Gold at Muse Creative Awards 2022
17.5.2022
PRESS RELEASE. At Bitcoin Vault (BTCV), the team pride itself on solving security issues that no one else can, which requires a great deal of creative thinking. But when a team can think outside the box, anything is possible. Now, it has been proven that creativity drives projects forward. BTCV...
Mass Shooting Apparently Planned On Discord, Streamed On Twitch, Investigated As Hate Crime
15.5.2022
Tragedy struck New York on May 14 as an 18-year-old white male shot and killed at least 10 people in Buffalo, New York, police said. The shooter, whose online username is reportedly “jimboboiii”, has been taken into custody after live streaming the whole thing on gaming platform Twitch, the company...
Critics Say El Salvador Could Default on Conventional Debts Before it Even Issues Bitcoin Bonds
13.5.2022
Concerns are being voiced that El Salvador could default on bond payments, with international critics claiming that President Nayib Bukele’s “experiment” to grant bitcoin (BTC) legal currency status “has hit a wall.”...
Read More: Critics Say El Salvador Could Default on Conventional Debts...
Breaking: Binance suspends LUNA and UST trading amid issues on Terra blockchain
13.5.2022
Binance suspended LUNA/BUSD and UST/BUSD on its spot trading platform following the halting of the Terra blockchain
Stablecoin Implosion — LUNA and UST Lose Significant Value, Downturn Ripples Across the Crypto Economy
11.5.2022
During the last few days, the crypto economy has been tumultuous as billions have fled the market in search of safety. The issues with LUNA sparked a significant sell-off as Terra’s native digital asset dropped 97% in value against the U.S. dollar in 24 hours. Terrausd has slipped 67% lower...
First Mover Asia: The BitMEX Saga Continues to Leave Fundamental Regulatory Issues Unsettled; Bitcoin Continues to Fall
9.5.2022
Arthur Hayes and his BitMEX co-founders must each pay a $10 million fine, but contesting the case against them might have clarified which financial regulatory agency should have primary oversight of cryptocurrencies; a tough weekend for cryptos
Report: IMF Says Central African Republic’s Bitcoin Adoption Poses Risks
6.5.2022
The International Money Fund (IMF) has added its voice to institutions and parties criticizing the Central African Republic (CAR)’s decision to adopt bitcoin. The IMF insists the adoption poses legal economic challenges not only to the country but to the region as well. CAR’s Bitcoin...
California Governor Newsom Signs Executive Order on Crypto, Blockchain, and Web3
6.5.2022
California Governor Gavin Newsom has signed an executive order on crypto and blockchain to create a comprehensive and harmonized framework for Web3 technology to thrive. “California is a global hub of innovation, and we’re setting up the state for success with this emerging...
California governor issues blockchain executive order building on US President’s regulatory efforts
4.5.2022
"We’re getting ahead of the curve on this, laying the foundation to allow for consumers and business to thrive," said California Governor Gavin Newsom
SEC Nearly Doubles Crypto Enforcement Unit — Regulator Says ‘Crypto Markets Have Exploded in Recent Years’
3.5.2022
The U.S. Securities and Exchange Commission (SEC) has nearly doubled the size of its Enforcement Division’s crypto unit. SEC Chairman Gary Gensler said the regulator “will be better equipped to police wrongdoing in the crypto markets while continuing to identify disclosure...
Spanish Cryptocurrency Exchange Bit2me Expands Operations to Brazil
3.5.2022
The Spanish cryptocurrency exchange Bit2me is taking interest in getting into the Latam market. The company has launched its operations in Brazil by introducing an office in the country that will deal with compliance issues to make the exchange a safe option for Brazilians. The exchange aims...
Uzbekistan's president issues decree to adopt special crypto framework
3.5.2022
The Republic of Uzbekistan is preparing to adopt a new crypto regulatory framework including a 7.5% income tax on crypto-related salaries
Weiss Ratings issues warning over crypto mortgage risks
3.5.2022
Weiss analysts are wary over the usage of volatile crypto assets as collateral for long-term property loans
Wikipedia Stops Accepting Cryptocurrency Donations Citing Community’s Environmental Concerns
2.5.2022
Wikipedia has decided to stop accepting cryptocurrency donations after eight years of doing so. The decision is based on the request by the Wikimedia community citing “issues of environmental sustainability” as a key reason. Wikipedia Discontinues Accepting Bitcoin, Crypto Donations...
Uzbekistan President Issues Decree Regulating Cryptocurrencies, Mining and Trading
1.5.2022
The government of Uzbekistan has moved to expand its crypto regulations through a decree signed by President Shavkat Mirziyoyev. The document provides definitions for terms like crypto assets, exchange, and mining, and determines the main regulatory body for the industry. Agency Under President...
After Solana’s Co-Founder Said BTC Should Change Its Consensus Algo, Solana Mainnet Loses Consensus for 7 Hours
1.5.2022
While Ethereum users participating in the Otherside metaverse land sale caused network fees to rise and created issues for the blockchain explorer Etherscan, it overshadowed Solana’s blockchain network outage. It seems a flood of inbound transactions on Saturday caused Solana’s...
Bahrain Central Bank Issues New Regulations Governing Operations of Crowdfunding Platforms
1.5.2022
The Central Bank of Bahrain (CBB) has said new regulations compelling operators of crowdfunding platforms to ensure their products are suitable for clients are set to replace existing rules which were first issued in 2017. Segregation of Client Money From Platform Operators The Central Bank...