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Desperate LUNA Investor Arrested, New Terra Network Announced, Davos Blockchain Talk, and More — Bitcoin.com News Week in Review
29.5.2022
From a desperate investor’s ill-advised visit to Terra co-founder Do Kwon’s house resulting in an arrest, the announcement of a new Terra network, and blockchain talk at Davos, to predictions of U.S. economic collapse if inflation isn’t reigned in quickly, there’s...
Brainard tells House committee about potential role of CBDC, future of stablecoins
26.5.2022
The Fed vice chair told the House Financial Services Committee that a CBDC offers stability, interoperability in increasingly complex economic system
Madison Cawthorn Hit With US House Ethics Investigation Over Crypto Promotion
23.5.2022
The probe, announced Monday, appears to be related to the “Let’s Go Brandon” meme coin
Florida Rep. Donalds introduces Financial Freedom Act companion bill in the House
20.5.2022
The Republican congressman is supporting Sen. Tommy Tuberville’s Senate bill and financial services companies that want to include crypto in their 401(k) product offerings
Russia’s First Digital Financial Assets Expected This Year, Lawmaker Says
18.5.2022
The first digital financial assets based on Russian blockchains may be issued as early as this year, a high-ranking parliamentarian announced. Three platforms are already registered as issuers, said Anatoly Aksakov, who chairs the Financial Market Committee at the State Duma, the lower house...
3 Members of Terraform Labs’ In-House Legal Team Abruptly Leave Amid LUNA, and UST Fallout
18.5.2022
Three members of Terraform Labs’ legal team have left the company, according to their Linkedin profiles that show their departure from the firm this month. The resignation of the company’s in-house litigation, regulatory, general, and corporate counsel members follow...
It's Getting Personal - 'Broke' LUNA Investor Comes to Do Kwon’s House, Plans to Surrender to Police
13.5.2022
A furious terra (LUNA) investor appears to have come knocking at the door of the Terra mastermind Do Kwon (also known as Kwon Do-hyeong) looking for answers after the token spectacularly collapsed. South Korean police are hunting for an unidentified person who reportedly broke into the apartment...
UK Outlines Plans to Support Crypto Adoption, Create More Powers to Seize and Recover Digital Assets
11.5.2022
Delivering the Queen’s Speech, Prince Charles outlines the British government’s plans to support the safe adoption of cryptocurrencies and create “powers to more quickly and easily seize and recover crypto assets.” UK Government Plans to Support Crypto Adoption The U.K....
Apartment Sold for Bitcoin in Portugal After New Regulation Allows Property Deals in Crypto
8.5.2022
An apartment in Portugal has changed hands, with the buyer paying directly in cryptocurrency in a reported first for the country. The home was purchased for 3 bitcoins without conversion to euros, under a new regulation permitting real estate deals with digital currencies. Buyer Pays With Bitcoin...
Gucci to Accept Crypto Payments in Retail Stores
6.5.2022
High-end fashion house Gucci will begin accepting cryptocurrencies at some of its stores this month, including bitcoin, ether, dogecoin, and shiba inu. The company plans for all of its directly operated stores in North America to accept crypto by this summer. Gucci to Start Accepting Crypto...
US House Panel to Weigh FTX Proposal on Clearing Customers’ Swaps Trades
5.5.2022
U.S. lawmakers have set a hearing to examine the potential can of worms opened by cryptocurrency trading platform FTX when it applied with the Commodity Futures Trading Commission (CFTC) to directly clear its customers’ margin-backed swaps transactions
World’s Largest Family-Owned Private Bank Now Offers Crypto Investments via SEBA Bank
5.5.2022
On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to provide cryptocurrency custody and brokerage services to clients. LGT will start by offering investments in bitcoin and ethereum and the bank’s customers...
Little by little, blockchain technology is beginning to appear around the house
4.5.2022
From ecological seafood to Bored Apes, blockchain technology is making its presence felt in homes
Ninja Says He Wanted To Gift Evo $500,000 For Smash, But Nintendo Ghosted Him
3.5.2022
Massive streaming personality Tyler “Ninja” Blevins claims that he tried to give the prestigious Evolution Championship Series fighting game tournament (also known simply as Evo) a bonus $500,000 for its Super Smash Bros. prize pool years ago, only to get shut out by Smash developer Nintendo.Read...
Bill Regulating Crypto Mining Submitted to Russian Parliament
30.4.2022
A draft law tailored to regulate cryptocurrency mining has been filed with the lower house of Russian parliament, the State Duma. The legislation provides a legal definition for the extraction of digital currencies and envisages the establishment of a register for miners. Russian Lawmakers...
Pregnant Sim Trapped In The Walls For Months, Need I Say More?
29.4.2022
Hope Wallston—an ex-realtor, single mother, and blogger within The Sims 4— has been living inside of fellow Sims Rodney and Kristyn’s walls for nearly two months. Her captor, the TikTok account @simslicious, has been documenting all the ups and downs of her imprisonment, which includes a visit from...
Home sweet hodl: How a Bitcoiner used BTC to buy his mom a house
28.4.2022
The story of the 28-year-old engineer who took a loan out against his Bitcoin to pay for his mom’s house
L2 Scaling Startup Optimism Reveals Governance Collective, Native Token, and ‘Many Airdrops’
27.4.2022
The layer two (L2) Ethereum scaling project Optimism has announced the launch of Optimism Collective, “a large-scale experiment in digital democratic governance” managed by the newly created Optimism Foundation. In addition to the governance collective, the plan is to launch a token...
US House Democrats Call for Scrutiny on Crypto Mining as Environmental Threat
21.4.2022
U.S. Rep. Jared Huffman sent a letter along with almost two dozen other congressional Democrats to the Environmental Protection Agency chief, asking him to devote additional scrutiny to potential harm cryptocurrency mining may cause to the climate and environment
Binance.US Quits Blockchain Association, Forms In-House Lobbying Shop
20.4.2022
A source close to the company says the groups’ goals “were not fully aligned.”