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‘Elizabeth Warren Chalked the Field’: Former Congressmen Tim Ryan (D) and David McIntosh (R) on the Prospects for Crypto Legislation Before the Election
16.10.2023
David McIntosh says the SEC’s approach to crypto “makes the consumer and the investor much more vulnerable.”
Worldcoin Unveils Enhanced State Bridge; Registers 2.35M Users as WLD Market Dynamics Shift
13.10.2023
This week, the iris-scanning Worldcoin project introduced a state bridge into its framework. This feature enables users to create and link their own bridge with the global identity, World ID, and any blockchain that’s Ethereum Virtual Machine (EVM) compatible. Data further shows that...
State Securities Regulators Support SEC in Lawsuit Against Crypto Exchange Coinbase
11.10.2023
A group uniting regional securities regulators in North America has backed the U.S. Securities and Exchange Commission (SEC) in its Coinbase lawsuit. The move goes against arguments in favor of adopting dedicated rules for crypto assets in the United States as opposed to implementing existing...
U.S. State Regulators Intervene in Coinbase’s Unregistered Securities Case
11.10.2023
Amicus briefs filed to support the SEC argue crypto is insignificant, only used for speculation, and captured by existing investor-protection rules
Key Points From the Sam Bankman-Fried Trial's First Week
10.10.2023
It’s been less than a week since the federal government’s trial against FTX’s Sam Bankman-Fried began, but we’ve already heard from an FTX co-founder, a former developer, a customer and an investor
Report: Australian Police Seize Crypto Worth $1.5 Million From Dark Web Drug Dealer
10.10.2023
The police in the Australian state of South Australia recently seized cryptocurrency worth $1.5 million from an alleged dark web drug dealer. Police also recovered a “large quantity” of the synthetic opioid nitazene as well as tens of thousands of dollars in cash. ‘Illicit...
There's a Lot of Thefts Happening
3.10.2023
TKTK
Bank of Russia Digital Ruble Pilot Update: ‘Everything Going as Planned’
3.10.2023
The Bank of Russia offered an update about the state of the digital ruble, the Russian central bank digital currency (CBDC), which is currently in a nationwide pilot. Elvira Nabiullina, governor of the Bank of Russia, stated that the pilot was “going as planned” and that more...
Local US Bank Shut Down after CEO Lost Millions in Crypto Scam
27.9.2023
Heartland Tri-State Bank, a community bank in Elkhart, Kansas, has been forced to shut down after its CEO, Shan Hanes, lost millions of dollars in a cryptocurrency scam.
The incident unfolded on July 5 when Hanes, desperate to retrieve his money from a supposed cryptocurrency investment...
Malaysian State Identifies Illegal Crypto Mining Operations as Reason for Recurrent Power Disruption
27.9.2023
The state of Sarawak in Malaysia has been prone to crypto mining rigs, many of which operate illegally.
Sarawak Energy, the state-owned electric utility firm, announced today that it has identified two illegal crypto mining sites, which caused recurrent power disruption in a few areas of...
Texas State Dominates in Bitcoin Mining, Hosts 28.5% of US’s Hashrate: Report
27.9.2023
The U.S. state of Texas has become a hotbed for cryptocurrency mining, making up 28.50% of the hashrate in the U.S. as of July 2023.
According to data from Foundry, the largest mining pool in North America and the fifth-largest globally, Texas has positioned itself as the “crypto capital” in...
US Fed Reserve Banks State Stablecoins Could Inject Instability in Economy
27.9.2023
The United States Federal Reserve Banks of Boston and New York have published a data-driven report that delves into the potential impact of stablecoins on the broader economic landscape.
In the 49-page report titled "Runs and Flights to Safety: Are Stablecoins the New Money Market," stablecoins...
The State of Staking: 5 Takeaways a Year After Ethereum's Merge
25.9.2023
Ethereum’s switch to proof-of-stake fixed some problems, like environmental damage linked to PoW mining. But it raised new issues, including worries about centralization, MEV and censorship, say Margaux Nijkerk and Sam Kessler
Venezuelan Authorities Find Grenade Launchers, Bitcoin Miners, and Even a Zoo in a National Jail
25.9.2023
Venezuelan authorities found weapons of war, a discotheque, pools, a zoo, and even a makeshift Bitcoin mining farm in a raid completed on a national jail. The raid, executed in the Tocoron National Penitentiary Center, located in the Aragua state, mobilized 11,000 military officers to take control...
US House Committee Passes CBDC Anti-Surveillance State Act With Support of 60 Congress Members
23.9.2023
The U.S. House Financial Services Committee has passed the CBDC Anti-Surveillance State Act, the first anti-central bank digital currency legislative effort introduced in the United States. Congressman Tom Emmer detailed that the bill halts the efforts of the Biden administration “from...
Tears Of The Kingdom's Newspaper Questline And The State Of Hyrulean Journalism
22.9.2023
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Ethereum's Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
22.9.2023
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said
13 More Things We Just Learned About Final Fantasy VII Rebirth
21.9.2023
A giant batch of new Final Fantasy VII Rebirth interviews and previews just dropped to kickoff Tokyo Game Show 2023 and the sequel is sounding more promising than ever. Here’s everything we’re learning from Square Enix’s latest marketing bonanza around the upcoming timed PlayStation...
Crypto Wants a De Minimis Tax Exemption in the U.S.
19.9.2023
The leaders of the Senate Finance Committee, Sens. Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) published an open letter in July asking the crypto industry to weigh in on crypto tax issues, including loans, staking, mining, constructive sales and wash trading. These comments were due earlier this...
Indian state governments spur blockchain adoption in public administration
19.9.2023
Numerous initiatives by local and state governments in India — from data management systems to verifiable certificate issuances — currently use blockchain technology