Cryptocoins News / Finance Magnates - 2 years ago
<p>The
Financial Conduct Authority (<a href="https://www.financemagnates.com/tag/fca/" target="_blank" rel="follow">FCA</a>) has recently taken action against
unregistered cryptocurrency automated telle...
Cryptocoins News / The Cointelegraph - 2 years ago
The operators must store the transactions’ data for ten years and pass it to regulators on demand. While there’s nothing new in imposing Anti-Money Laundering (AML) st...
Cryptocoins News / The Cointelegraph - 2 years ago
US law enforcement agencies have confiscated thousands of BTC from the Silk Road over the years, and a significant chunk of it has been auctioned from time to time. Ov...
Cryptocoins News / Blockchain - 2 years ago
Algodex warns of a security breach on March 5, while MyAlgo urges users to withdraw assets or rekey funds following a February hack. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Argo Blockchain increased its daily Bitcoin production to 5.7 BTC per day in February, up from 5.4 BTC per day in January, despite a 10% increase in network difficulty. (Read More)
Cryptocoins News / Blockchain - 2 years ago
The Utah State Legislature has passed the Utah Decentralized Autonomous Organizations Act, providing legal recognition and limited liability to DAOs, also known as "Utah LLDs". The act defines ownership, protects anonymity, and introduces quality ass...
Cryptocoins News / Blockchain - 2 years ago
Hong Kong police reported a surge in crypto-related scams in 2022, with losses amounting to HK$1.7 billion ($216.6 million), up 106% from the previous year. The number of crypto-related scam cases reported in Hong Kong also surged by 67% from 2021. S...
Cryptocoins News / Blockchain - 2 years ago
In 2022, South Koreans transacted $4.3 billion through illegal crypto exchanges, comprising almost 70% of all illicit money traffic captured by officers. The transactions aimed to purchase foreign virtual assets to sell in the country later due to th...
Cryptocoins News / Blockchain - 2 years ago
China is introducing a new national financial regulator as part of a governmental overhaul. The current banking and insurance watchdog, the China Banking and Insurance Regulatory Commission (CBIRC), will be abolished, and its responsibilities will be...
Cryptocoins News / Blockchain - 2 years ago
WeChat has integrated the digital yuan into its payment services, allowing users to make payments through the platform. The move aims to increase the digital yuan’s appeal and follows a similar integration by Alipay. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Thailand's cabinet has agreed to waive corporate income tax and VAT for companies issuing investment tokens, encouraging alternative capital raising in addition to conventional methods. The government hopes to generate 128 billion Thai baht from inve...
Cryptocoins News / Blockchain - 2 years ago
Binance cryptocurrency exchange has included 11 more tokens in its proof-of-reserves report, taking the total number of assets in its system to 24, valued at over $63 billion. (Read More)
Cryptocoins News / Blockchain - 2 years ago
Canaan, a Chinese Bitcoin miner and manufacturer of ASIC mining machines, reported an 82.1% YoY revenue decline to $56.8M in Q4 2022. The company's net income swung to a $63.6M loss due to inventory write-downs and research expenses. Despite the decl...
Cryptocoins News / The Cointelegraph - 2 years ago
Blockchain technology is empowering women in developing countries with financial freedom and improved access to social inclusivity and growth. Does blockchain create c...
Cryptocoins News / The Cointelegraph - 2 years ago
Margrethe Vestager, the executive vice president of the European Commission, stressed the need to anticipate and plan for changes in technological advancements. Consid...
Cryptocoins News / The Cointelegraph - 2 years ago
Margrethe Vestager, the competition commissioner, stressed the need to anticipate and plan for changes in technological advancements. Considering the regulatory strugg...
Cryptocoins News / The Cointelegraph - 2 years ago
Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case. The law firms, investment banks...
Cryptocoins News / The Cointelegraph - 2 years ago
Millions have been invoiced from a host of law firms, investment bankers, consultants and financial advisers in FTX’s bankruptcy case. The law firms, investment banks...
Cryptocoins News / The Cointelegraph - 2 years ago
Block’s mining hardware product lead, Naoise Irwin, has asked for pointers on a proposed hardware and software development kit for Bitcoin mining. Payments company Blo...
Cryptocoins News / The Cointelegraph - 2 years ago
As Vitalik Buterin’s holdings represented a large portion of the circulating supply for some of the tokens, the sales resulted in huge price drops. Ethereum co-founder...
Cryptocoins News / The Cointelegraph - 2 years ago
Officials from the government agency reportedly entered Silvergate’s headquarters last week, with discussions revolving around how to salvage the crypto bank. Regulato...
Cryptocoins News / The Cointelegraph - 2 years ago
The bounty, which was offered via an on-chain message, was about $97,000, or 6% of the exploit amount. The hacker behind the exploit of the decentralized finance lend...
Cryptocoins News / The Cointelegraph - 2 years ago
A panel of three judges heard the sides’ arguments and posed significantly more questions about the SEC’s stance, leading to speculation about their leaning. A panel o...
Cryptocoins News / The Cointelegraph - 2 years ago
Creditors have the option of a lump-sum payment, bank remittance, fund transfer service provider or going through a cryptocurrency exchange or custodian. Creditors fro...