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Crypto News Summary: 3 Indian Crypto Firms Investigated, NYSE Delists Twitter Shares, Ripple’s XRP Holdings are 'Below 50%'
28.10.2022
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: Crypto News Summary: 3 Indian Crypto Firms Investigated, NYSE Delists Twitter Shares, Ripple’s XRP Holdings are 'Below 50%'
Blockchain Venture Firms to Invest $100M in Busan for Ecosystem Development
28.10.2022
A group of blockchain venture capital firms will invest $100 million over the next three years to establish a blockchain ecosystem in Busan, South Korea
Crypto Exchange SushiSwap Approves Restructuring, Will Create Three Firms for DAO
26.10.2022
The DAO will be divided into three organizations, which would be based in Panama and the Cayman Islands
Bitcoin Miner Cleanspark Raises Year-End Outlook by 10%, Firm’s Hashpower Surpasses 5 EH/s
26.10.2022
On October 25, the bitcoin mining operation Cleanspark announced that the firm’s hashrate now exceeds 5 exahash per second (EH/s), a milestone achieved more than two months ahead of the company’s original year-end goals. Cleanspark says it now aims to surpass 5.5 EH/s by...
Proof-of-Stake L1 Blockchain Token Aptos Climbs Close to 20% Higher in 24 Hours
22.10.2022
Five days ago, the Aptos blockchain went live after the project received an influx of capital from venture capital (VC) firms and crypto exchanges like a16z, Binance, and FTX. During the past 24 hours, aptos (APT) is up more than 19% against the U.S. dollar and up 11.1% against bitcoin’s...
BTC Maybe-Uppers, Firms Under-Investigations, Could-be Compensations and 20 Crypto Jokes
22.10.2022
Read More: BTC Maybe-Uppers, Firms Under-Investigations, Could-be Compensations and 20 Crypto Jokes
Meta Follows Blockchain Firms in Joining Cryptographic Privacy Group MPC Alliance
18.10.2022
Facebook owner Meta has joined the MPC Alliance, a non-profit group focused on cryptographic privacy and security, according to a press release
VC-Backed Blockchain Project Aptos Reveals Protocol’s ‘Mainnet Has Arrived’
18.10.2022
A new layer one blockchain network called Aptos announced the launch of its mainnet on Monday, following a slew of capital injections from a number of venture capital (VC) firms. The blockchain protocol, crafted with a Rust-centric programming language dubbed Move, is backed by VC companies such...
Japan’s Police and FSA Publish a Joint Cyber Warning to Crypto Firms, Link Attacks to Lazarus Group
18.10.2022
According to the National Police Agency (NPA) in Japan, North Korean hackers from the crime syndicate Lazarus Group have been targeting crypto companies in the country. Local reports detail that it’s the fifth time the NPA has tied “public attribution” to the organization of North Korean cyber...
North Korean Hacker Group Lazarus Targets Japanese Crypto Firms
17.10.2022
Lazarus Group is accused of behind the $625 million Ronin Bridge exploit, blockchain analytics firm Elliptic also traced the $100 million Horizon Bridge hack back to Lazarus in June
Bitcoin Miner Cleanspark Completes Sandersville Facility Acquisition, Firm’s Hashrate Now 4.7 Exahash
12.10.2022
On October 11, the publicly-listed bitcoin miner Cleanspark announced that it has completed the acquisition of Mawson Infrastructure Group’s Georgia-based bitcoin mining facility. Following the acquisition, Cleanspark says it now manages 220 megawatts (MW) of bitcoin miners with a hashrate...
Norway Prepares to Reverse Electricity Tax Cut for Cryptocurrency Miners
8.10.2022
The Norwegian government is reviewing a proposal to abolish the policy of preferential tax treatment for data centers mining cryptocurrency with cheaper electricity. The executive power in Oslo says conditions have changed and the country needs the energy currently used by miners. Mining Firms...
Bear market didn't stop crypto firms from hiring, says recruitment exec
7.10.2022
Recruitment firm executive Clayton Pullum said that companies have become more strategic when it comes to hiring during the crypto winter
Bitcoin Miner Greenidge Seeks to Raise $22.8 Million in Class A Common Stock Proposal
7.10.2022
The bitcoin mining operation Greenidge Generation is seeking to raise roughly $22.8 million, according to a U.S.Securities and Exchange Commission (SEC) filing published Wednesday. According to the prospectus disclosing information, the New York-based Greenidge conducted a sales agreement with...
DeFi Platform Ribbon Finance's Unsecured Lending Product Sees Crypto Firms Folkvang and Wintermute Borrow Over $10M
6.10.2022
Ribbon's Lend, which went live on Monday, allows institutions to borrow funds without having to lock in collateral
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
5.10.2022
Just because Rostin Behnam is the rare government official who can casually drop a comment that suggests a future explosion in bitcoin price, doesn’t mean he’s a crypto bro. The chairman of the Commodity Futures Trading Commission (CFTC) is widely seen in crypto circles as a relatively friendly...
Italy Has a Registry of 73 Unvetted Crypto Firms
5.10.2022
Companies entered into a new registry for crypto firms have said they’ve secured regulatory approval in Italy, but the country's supervisory body – the Organismo Agenti e Mediatori – hasn't actually checked their operations
Two Firms Charged by US SEC for Crypto Pump and Dump Scheme
3.10.2022
The U.S. Securities and Exchange Commission (SEC) has charged two now-defunct cryptocurrency firms and their executives for allegedly running a pump-and-dump scam worth $36.8 million from 2017 until 2019 via a token called 'Dignity' (DIG). ...
Read More: Two Firms Charged by US SEC for Crypto Pump...
UK Regulator: Crypto Firms Undeterred by Strict Regulation — ‘They Know We Have a Good System’
2.10.2022
The Financial Conduct Authority (FCA), Britain’s top financial regulator, has revealed that many crypto firms are still seeking licenses to operate in the U.K. despite failing to meet regulatory requirements the first time. “They know we have a good system of regulation and if they...
Uzbekistan Introduces Monthly Fees for Cryptocurrency Companies
2.10.2022
Crypto firms in Uzbekistan will have to pay fees to the state under new legislation proposed by regulators. The charges vary depending on the business activity and can reach $11,000 a month in the case of digital asset exchanges. Failure to pay will result in license suspension. Crypto Operators...