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ECB Board Member Warns EU’s New Crypto Rules Not Sufficient
8.4.2023
A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not be sufficient on their own.” While emphasizing that “MiCA will set out important safeguards to prevent incidents similar to the...
Reports Claim Chivo Bitcoin Wallet Is Flagging Wasabi Transactions in El Salvador
7.4.2023
According to several reports, the Salvadoran government-issued bitcoin wallet, Chivo, has been freezing wallets and requesting that owners verify the source of funds. The founder of El Zonte’s Bitcoin Beach stated that the government’s bitcoin wallet software is flagging and freezing...
Snoop Dogg Sports Blinged-Out Crypto Hardware Wallet at Wrestlemania 39
7.4.2023
Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWE’s annual event, Wrestlemania 39, in Hollywood. The rap star was spotted wearing a gold and black diamond Ledger Nano X around his neck on a gold chain. Over the last year, Snoop has been...
South Korean Prosecutors Uncover Alleged $314 Million Criminal Proceeds Tied to Terraform Labs Co-Founders
7.4.2023
According to a report by South Korean news publication KBS, Do Kwon, the co-founder of Terraform Labs, has converted a “large part” of his assets into bitcoin. Prosecutors in South Korea believe that Kwon’s purported bitcoin stash was transferred to an international exchange....
Tattooing Bitcoin: Advocates wear cryptocurrency on their sleeve
7.4.2023
Inked Bitcoin advocates explain privacy, risks and even the pains of getting a Bitcoin tattoo, a growing trend in the community
SafeTech extends support to VechainThor Blockchain
7.4.2023
VeChain Foundation has published an official blog post to announce that it has advanced in building a robust blockchain infrastructure by deploying Thor Mainnet Node Clusters in partnership with SafeTech. The deployment is life across Europe and the United States of America. Not just robustness...
TMS Network’s $4M upsurge disrupts Dogecoin & Chainlink strength and begins a new crypto paradigm in 2023
7.4.2023
The cryptocurrency market is witnessing a major disruption as TMS Network (TMSN) rises to prominence, challenging the strengths of popular coins such as Dogecoin (DOGE) and Chainlink (LINK). With its advanced trading features, unique asset classes, and exceptional security measures, TMS Network...
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
7.4.2023
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum...
Mt. Gox repayment registrations closed: Here’s what’s next
7.4.2023
The deadline for repayment registration for those affected by the Mt. Gox closed, and now the trustee released a statement on its next steps in the repayment process
Bitcoin Difficulty Reaches New All-Time High After Fourth Consecutive Increase
7.4.2023
On April 6, 2023, Bitcoin’s difficulty rose 2.23% higher at block height 784,224, touching another all-time high. It’s the fourth consecutive difficulty increase on the Bitcoin network since Feb. 24, and the protocol’s current difficulty is 47.89 trillion, which is only 2.11...
Ukraine Dismantles $40 Million Russian Crypto Pyramid
6.4.2023
Ukrainian law enforcement has exposed a financial pyramid originating from Russia suspected of making millions of U.S. dollars. The scam convinced victims to send fiat money and cryptocurrency by promising profitable investments in big companies around the world. Large Crypto Pyramid Scheme With...
Washington state DFI warns Eucoinotrade may be engaging in ‘advanced fee fraud’
6.4.2023
One user claims they were defrauded out of more than $50,000 by the website, which authorities are now referring to as an “alleged cryptocurrency exchange.”
Quant & Hedera prices drops, DigiToads holders welcome 20% growth overnight
6.4.2023
The cryptocurrency market is volatile, and investors always look for the next big thing. DigiToads (TOADS) has been making waves recently with its unique approach to NFTs and blockchain technology. While other coins like Quant (QNT) and Hedera (HBAR) have declined their prices, DigiToads holders...
US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto
6.4.2023
The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.”...
Georgia Rep. Marjorie Taylor Greene Criticizes Fednow Project, Pushes for Return to Gold Standard
6.4.2023
On Wednesday, Marjorie Taylor Greene (MTG), a Republican member of the U.S. House of Representatives, shared an article about the Federal Reserve’s Fednow project and criticized the central bank’s digital currency efforts. The representative from Georgia insisted that the U.S. should...
Arbitrum Registers Record Activity Over the Last 2 Weeks as Transactions per Day Count Surges
6.4.2023
In the past 20 days, the Arbitrum blockchain has recorded a significant number of transactions coinciding with the recent ARB airdrop that occurred on March 23. About two weeks ago, on that day, the Arbitrum network recorded an all-time high of 2.72 million transactions settled in 24 hours....
Japan pushes for friendlier environment for crypto with Web3 proposals
6.4.2023
Japan's Web3 project team released a white paper suggesting ways to expand the country's crypto industry to establish a welcoming atmosphere for crypto
TMS Network outmaneuvers Fantom & Conflux in a newly competitive crypto landscape
6.4.2023
The ever-expanding landscape of cryptocurrencies continues to introduce a wide variety of promising digital assets, creating a competitive environment that fosters innovation and growth. Two coins that have attracted attention are Fantom (FTM) and Conflux (CFX), but the decentralized exchange...
Ankr merged with Microsoft, Collateral Network pumps in presale, BTC holders take profit
6.4.2023
This week, Ankr (ANKR) announced a partnership with Microsoft, Collateral Network (COLT) saw a significant pump during its presale, and Bitcoin (BTC) holders caused the asset’s price to dip. Let’s take a closer look at these three newsworthy cryptocurrencies. Collateral Network (COLT) ...
South African Professor Accuses US Regulators of Attempting to ‘Assassinate Crypto’
6.4.2023
The United States’ attempts to “assassinate crypto” are illegal and unlikely to succeed because “crypto is global,” Steven Boykey Sidley, a South African professor and author, has argued. According to Sidley, many formerly U.S.-based companies and innovators have...