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Bali Government Cracks Down on Crypto Payments by Foreign Tourists
30.5.2023
The government of Bali, Indonesia, is cracking down on the use of cryptocurrency as a means of payment by foreign tourists. “Strict actions range from deportation, administrative sanctions, criminal penalties, closure of business premises, and other tough sanctions,” said the governor...
Bitcoin Ordinals surpass 10M inscriptions as creator Rodarmor steps down
30.5.2023
The number of Ordinals has grown from one to 10 million in less than six months
Texas legislative session winds down with crypto bills still in limbo
29.5.2023
State lawmakers passed a proof-of-reserves bill and legislation covering crypto firms' usage of flare gas, both awaiting Texas Governor Greg Abbott's approval or veto as of May 29
Crypto Biz: Ledger halts recovery service, Web3 in Hong Kong, and another CEX goes down
27.5.2023
This week’s Crypto Biz explores Hotbit’s closure, Hong Kong’s licensing of crypto firms, Bitstamp’s acquisition by Ripple and Ledger’s branding crisis
Digital Currency Group to Sunset Tradeblock, Cites ‘Regulatory Challenges’ and ‘Prolonged Crypto Winter’
26.5.2023
Digital Currency Group has revealed its decision to sunset its institutional trading platform, Tradeblock, on May 31, 2023. The company attributes the move to the “challenging regulatory environment” and the enduring effects of the “prolonged crypto winter,” signaling...
First Mover Americas: Digital Currency Group is Closing Down TradeBlock
26.5.2023
The latest price moves in bitcoin (BTC) and crypto markets in context for May 26, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets
‘Exhausted all options’ — Unbanked to close after being left hanging by investor
26.5.2023
Unbanked is yet another crypto firm to wind down this month, joining BottlePay, HotBit, Teressa, and most recently, TradeBlock
$160K at next halving? Model counts down to new Bitcoin all-time high
24.5.2023
A bold prediction states that BTC price can gain 500% between now and April 2024
Crypto Hacks Are Down and Hackers Tend to Return Stolen Money: TRM Labs Report
22.5.2023
The sanctions against Tornado Cash, as well as last year's arrest of the Mango Markets infiltrator, motivate hackers to return their loot, researchers believe
Dash blockchain down for hours after hard fork fail, devs to try upgrade again June 14
22.5.2023
The v19 hard fork didn’t go as planned for the privacy coin, but a fix has been released; v18 had experienced a few kinks, too
2 more rate hikes? Bitcoin analyst counts down to 'huge' volatility
22.5.2023
Bitcoin fails to respond even to a market-moving fake news event about an explosion at the Pentagon
FATF President Urges G7 to Lead in Shutting Down ‘Lawless Crypto Space’
19.5.2023
It is necessary to put an “end to the lawless crypto space,” according to the head of the Financial Action Task Force (FATF). G7 nations must set an example in implementing global standards on combating money laundering, the executive insisted, as little progress has been made in regards...
Linus Is Stepping Down As CEO Of Linus Media Group
19.5.2023
Canadian YouTuber Linus Sebastian, best known to most as the guy behind the insanely popular Linus Tech Tips channel, has announced that he’s stepping down as CEO of the companies he helped create and has been running for the past ten years.Read more
Miami Bitcoin Conference Flags Attendance Down by Half as ‘Crypto Winter’ Drags On
18.5.2023
Roughly 15,000 attendees are expected at the Bitcoin 2023 event, versus 35,000 last year – likely a result of the downturn known as “crypto winter.” Robert F. Kennedy Jr., the U.S. presidential candidate, is among scheduled speakers
Chinese prosecutors to crack down on 'pseudo-innovation' in NFT market
17.5.2023
According to public prosecutor, marketing models such as rewards and dynamic rights and interests can easily evolve into illegal pyramid schemes
Biggest Movers: LTC Hits 2-Week High, as APE Extends Gains
16.5.2023
Litecoin rose for a third consecutive session on Tuesday, despite cryptocurrency markets mostly falling lower. The global market cap is currently down by 1.28%, as overall market uncertainty remains high. Apecoin also rallied, extending recent gains. Litecoin (LTC) Litecoin (LTC) was once again...
Zelda: Tears Of The Kingdom Pirate Tracked Down By Nintendo
16.5.2023
The Legend of Zelda: Tears of the Kingdom leaked over a week before launch and sent Nintendo into a frenzy, with the company firing off copyright takedowns to Discord, Twitch, Twitter, and more. Now the game is officially out, but some pirates are still illegally downloading the game, and Nintendo...
US DOJ Ramps Up Efforts to Crack Down on DeFi Hacks and Thefts
15.5.2023
The alarming rate of DeFi hacks has caught the attention of the US Department of Justice.
A recent Financial Times report disclosed that the DoJ referred to these thefts and hacks as a “pretty significant issue.”
Apart from other bad actors’ hacks and exploits, the North Korean hackers have...
Inflation in China Down to Lowest Number in More Than Two Years; Analyst Proposes Giving Cash Handouts to Avoid Deflation
13.5.2023
Inflation in China registered an increase of 0.1% year-over-year in April, according to numbers from the National Bureau of Statistics of the country, falling below expectations. Some analysts are already warning about the dangers of deflation, even calling on the Chinese government to deliver cash...
Nifty News: Assassin’s Creed unveils ‘smart collectibles’, MechaFightClub winds down and more ….
13.5.2023
NFT game MechaFightClub is shutting down due to the regulatory uncertainty in the U.S., while Yuga Lab’s new CEO has snapped up a BAYC NFT well over the floor price