UK publishes plans for stablecoins regulation
Non-fiat-backed stablecoins will not be allowed into regulated payment chains. The United Kingdom government has published an update to its...
Month: October 2023
Bitcoin price and energy use for mining highly correlated: UN Report
The UN scientists evaluated the activities of 76 Bitcoin mining nations during the 2020–2021 period and found that the global...
Kraken will share data of 42,000 users with IRS
The information will be sent to the Internal Revenue Service in early November. United States-based cryptocurrency exchange Kraken said it...
Thailand’s KBank acquires crypto exchange business Satang
Thailand’s second-largest lender by assets, Kasikornbank, is moving into crypto by acquiring a majority stake in the local crypto exchange...
3 unique ways hackers are stealing your crypto: Bitrace Report
Crypto investors claiming “my coins disappeared suddenly” have been found to recently download crypto applications from unverified sources. To track...
Standard Chartered-owned crypto platform Zodia launches in Hong Kong
Demand for crypto in Hong Kong is mainly driven by institutional investors rather than retail customers, Zodia CEO said. Zodia,...
Elon Musk says posts busted by Community Notes won’t earn revenue share
Elon Musk assured those attempting to “weaponize” the community notes feature will be immediately found out. Posts corrected by X’s...
Gary Gensler’s Bitcoin ETF position is ‘inconsistent’… says Gary Gensler
During a panel at the 2019 MIT Bitcoin Expo, Gensler called out the securities regulator for its ‘inconsistent’ approach to...
El Salvador pro-Bitcoin president Nayib Bukele launches re-election bid
Despite Bukele’s popularity, some critics argue he isn’t eligible to be re-elected under El Salvador’s constitution. El Salvador president Nayib...
Crypto thief steals $4.4M in a day as toll rises from LastPass breach
Estimates in September revealed that at least $35 million in crypto has been stolen from victims of the LastPass breach...
UK risks regulating NFTs the wrong way, says Mintable CEO
“It’s not just a piece of artwork”: Mintable CEO Zach Burks argues that the United Kingdom government still hasn’t caught...
VanEck amends application for spot Bitcoin ETF
VanEck joins the group of asset managers updating applications for a spot Bitcoin ETF in the United States. Asset manager...
Bitcoin price hovers near $35K as ETH, APT, QNT and RUNE turn bullish
BTC price advances toward $35,000, potentially opening the door for ETH, APT, QNT and RUNE to move higher.
Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions
USDT has seen a significant surge in adoption in Brazil, accounting for 80% of all cryptocurrency transactions in the country...
What are open-source protocols, and how do they work?
Open-source protocols have numerous advantages over proprietary protocols. They include greater transparency and accessibility. Understanding open-source protocols Open-source protocols have...
