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Nalezeno "Q3 report": 5554

Russian Lawmakers Urge Central Bank to Rethink Digital Ruble Plans

20.11.2023
Source: Alex Zarubi/Unsplash Russian lawmakers want the country’s Central Bank to ditch its current retail model digital ruble in favor of a wholesale alternative. Per Interfax, three State Duma committees submitted a joint response to the Central Bank’s monetary policy report for 2024-2026....

Solana Blockchain Games Thrive on the Epic Games Store – Next Big Thing?

19.11.2023
Image Source: Pixabay The number of Web3 games on the Solana (SOL) blockchain has grown substantially amid the spike in the network’s native token over the past month. According to Game7’s 2023 State of Web3 Gaming Report, the number of crypto games on the Epic Games Store...

Report: Jump Trading Cuts Ties With Wormhole Amid Staff Reductions

19.11.2023
Based on a recent report, Jump Trading Group, known for its focus on algorithmic and high-frequency trading techniques, has reportedly severed ties with the Wormhole crypto initiative, known for its cross-chain communication services. Last year saw Wormhole suffer a significant loss of 120,000...

OpenAI investors push for Sam Altman's return as CEO: Report

19.11.2023
According to sources familiar with the matter, key investors at OpenAI disagreed with the board's decision to terminate CEO Sam Altman and are advocating for his reinstatement

Report of SEC’s Spot Bitcoin ETF Advice Fuels Hope for Approval — Crypto Industry Views It as ‘Real Progress’

19.11.2023
The Securities and Exchange Commission (SEC) has reportedly provided specific guidance to exchanges seeking to list and trade spot bitcoin exchange-traded funds (ETFs) on what they should do next. “This is real progress,” said one crypto exchange insider. “The cash vs in-kind...

OpenAI’s crisis escalates as more staff resign after CEO removal: Report

18.11.2023
At least three senior researchers have left OpenAI since Sam Altman was removed as the startup's CEO on Nov. 17

Report: US Crypto Exchange Coinbase Fined for Refusing to Localize Russian Users’ Data

18.11.2023
The U.S. cryptocurrency exchange Coinbase was recently hit with a fine exceeding $11,000 by a Russian court. The fine stems from the crypto exchange’s refusal to comply with a law that requires foreign companies to localize data of their respective Russian users or customers. Localizing...

Coin Center Criticizes Bank Secrecy Act, Demands Regulation

17.11.2023
Coin Center, the leading non-profit dedicated to research surrounding cryptocurrencies, calls the Bank Secrecy Act too “broad” for its own good, according to their most recent report. “Riddled with sweeping powers and expansive terms” Published earlier this month, the report (appropriately titled...

Neon EVM Launches Feature to Pay Transaction Fees With Different Tokens on Testnet

17.11.2023
Source: Neon EVM Neon EVM, an Ethereum Virtual Machine on Solana, has announced its testnet support for several tokens as an alternative payment for gas fees. JUST IN: Neon EVM is working on letting users pay transaction fees with different tokens — Crypto Chiefs News (@CryptoChiefNews)...

Today in Crypto: Sino-US Bitcoin ASIC War May Be Starting, Neon EVM Testing Alternative Gas Payments

17.11.2023
Source: AdobeStock / William W. Potter Get your daily, bite-sized digest of crypto and blockchain-related news – investigating the stories flying under the radar of today’s news. __________ Mining news We may be witnessing the start of a Sino-US bitcoin silicon war, according to the latest Miner...

U.S. Crypto Lobby Spending Surpasses $20 Million in 2023, On Track to Beat 2022 Record

17.11.2023
Adobe Over $20 million has been spent on crypto-related lobbying in the United States this year, a new report shows. According to a recent CoinGecko report, the amount spent on cryptocurrency lobbying was $20.19 million, a figure set to break last year’s $22 million mark as recent data does...

Crypto lobby spending in U.S. set to beat 2022 record: Report

17.11.2023
With more than a month left before the end of 2023, the United States crypto industry has already spent $20 million on lobbying efforts

Bithumb’s Ex-Chair Faces Eight-Year Jail Term as Prosecutors File Appeal

17.11.2023
source: gesrey/Adobe South Korean prosecutors have filed an appeal in the alleged fraud case involving Lee Jeong-hoon, the former chair of local cryptocurrency exchange Bithumb. According to the report from Seoul Economic Daily, prosecutors are once again advocating for an eight-year jail term...

Tether plans major expansion into BTC mining with $500M investment: Report

16.11.2023
Tether has ambitions to reach 1% of BTC mining computing power under its new CEO Paolo Ardoino. New facilities in South America will be part of the push

Turkey’s New Crypto Asset Regulations Expected in 2024 – Focus on Taxation and Licensing

16.11.2023
Source: Pixabay Turkey officials confirmed that the nation is considering debuting a new crypto market regulation, effective 2024. The regulation will emphasize addressing crypto licensing and taxation, per a Reuters report. Turkey is seeking to address concerns raised by the Financial Action Task...

Head of Dubai’s Digital Asset Regulator Steps Down – What’s Going On?

16.11.2023
Image Source: Pixabay The head of Dubai’s cryptocurrency regulator, Henson Orser has left the role to pursue new interests amid looming domestic fines on digital asset companies for a breach of rules. According to a Bloomberg report Orser, who was the head of the Virtual Assets Regulatory Authority...

Three Arrows Capital Co-founder Kyle Davies Seen in Bali: Report

16.11.2023
Source: Pixabay Kyle Davies, co-founder of collapsed cryptocurrency hedge fund Three Arrows Capital, has reportedly been spotted in Bali while he continues to escape arrest from Singaporean authorities. Images provided to Cointelegraph show Davies with an unknown woman at the Milk and Madu cafe...