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Binance Joins Association of Certified Sanctions Specialists
9.1.2023
Cryptocurrency exchange Binance has become a member of an organization providing training for sanctions compliance. With the move, part of efforts to improve its capabilities in this field, the largest trading platform for digital assets joins a club of multinational corporations and financial...
Hong Kong wants to become crypto hub despite industry crisis
9.1.2023
Hong Kong is doing its best to provide an appropriate amount of supervision to the crypto market in order to release the potential of technologies like Web3
Hacker Sent to Prison for Robbing Vietnamese Crypto Exchange
9.1.2023
Authorities in Vietnam have caught and sentenced a hacker who stole money and data from a local cryptocurrency exchange. The man, who was arrested and charged for extorting the trading platform’s owner, has been ordered to return the money he misappropriated. Vietnamese Court Jails Hacker...
Mexican CBDC Unlikely to Be Ready by 2024
8.1.2023
The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement, representatives from Banxico, the central bank of Mexico, stated the development of the currency was still in its initial...
Romania Carries Out Raids as Part of Crypto Tax Evasion Probe
8.1.2023
Authorities in Romania have conducted more than a dozen raids against people suspected of hiding income from cryptocurrency operations. The searches took place in late 2022 following an earlier investigation which established that crypto traders had failed to report digital assets exceeding...
Wyre imposes up to a 90% withdrawal limit for all users
8.1.2023
Wyre imposed a daily withdrawal limit on its platform subject, citing “the best interest of our community.”
Bank of France Governor Calls for Mandatory Licensing for Crypto Companies
8.1.2023
France has to adopt a licensing regime for crypto service providers, the head of the country’s central bank has suggested. According to the executive, the need to tighten regulatory oversight stems from the “disorder” in the industry throughout the past year. Licensing Should Replace Registration...
Crypto Miners in Kazakhstan Start Paying Higher Electricity Fees
7.1.2023
Since the beginning of 2023, cryptocurrency miners operating in Kazakhstan are obliged to pay new fees for the power they need to mint digital coins. A surcharge introduced in 2021 now depends on the price of electricity consumed by bitcoin farms and can be much higher than the original levy....
NFT project accepted $3M to move its collection to Polygon
6.1.2023
The team had previously announced the move, but had not revealed the cash deal
$3.9 billion lost in the cryptocurrency market in 2022: Report
6.1.2023
The report from Immunefi revealed hacks to have been the main cause of related losses
Macroeconomic data points toward intensifying pain for crypto investors in 2023
6.1.2023
Chances of a crypto bull market in 2023 decrease as the Fed maintains a hawkish stance and threats of a recession in the U.S. economy continue to appear
December DeFi exploits were the lowest in 2022: Finance Redefined
6.1.2023
The DeFi market didn't see much change in its first week of new year compared to the last week of 2022 as the price momentum remained in a similar zone
Huobi net outflows crossed over 60M within the past 24 hours: Report
6.1.2023
According to a report by Nansen, approximately $94.2 million has flowed out of the exchange within the past week
Ethereum’s Shanghai upgrade could supercharge liquid staking derivatives — Here’s how
6.1.2023
Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers
Marathon Digital experiments with overclocking to increase competitive advantage
6.1.2023
According to the company, it produced 475 BTC in December 2022, bringing its total mined Bitcoins in the fiscal year of 2022 to 4,144 BTC
Cathie Wood’s ARK enters 2023 with $5.7M Coinbase stock purchase
6.1.2023
Cathie Wood’s ARK Invest doesn’t give up on its buy-the-dip purchases, purchasing another $5.7 million worth of Coinbase shares
US With Highest Number of Closed Bitcoin ATMs in Negative Growth Year
6.1.2023
The number of ATMs supporting digital currencies has fallen around the world over the course of a turbulent year for the whole industry. According to a new report, the United States has lost more machines offering crypto teller services than any other country, while Australia tops the chart...
Israel’s Securities Watchdog Seeks to Regulate Crypto Assets
6.1.2023
The body overseeing the securities market in Israel is taking steps to incorporate rules for digital assets into the existing legislation. The regulator released a draft proposal to introduce the changes that would define the legal status of cryptocurrencies in the country. Amendments to Israel’s...
DeFi security losses rose 47.4% in 2022 to hit $3.64B: Report
5.1.2023
Over $1.40 billion worth of stolen DeFi funds was reportedly laundered via Tornado Cash during that period
Quantum computers may soon breach blockchain cryptography: Report
5.1.2023
Cryptography experts are somewhat skeptical of the technique's scalability, but aren't ruling out the possibility of success either