Binance develops ‘antidote’ to address poisoning scams after $68M exploit

Jeremy Allaire claimed the U.S. dollar is “under threat” and urged lawmakers to pass stablecoin regulation to “build trust” in a digital dollar. 55 Total views 1 Total shares The United States dollar’s place as a global reserve currency will be under threat if Congress isn’t quick to regulate stablecoins, warns the CEO of Circle.On…

According to the IMF's executive board, the use of Bitcoin as legal tender carried “large risks” related to financial stability, financial integrity and consumer protection. 865 Total views 26 Total shares Members of the executive board at the International Monetary Fund are urging lawmakers in El Salvador to no longer recognize Bitcoin as legal tender.The…

U.S. Securities and Exchange Commission (SEC) commissioner Hester Peirce expressed interest in building a non-exclusive safe harbor for token offerings. The news was reported by Singaporean blockchain business consulting firm Jenga BCG in a press release published on Aug. 5.Per the document, Pierce made her remarks during the Convergence Forum held at the Singapore University…

BTC price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher.

Starting December 7, no new requests for power from Bitcoin mining operations will be accepted from the country’s energy utility service. 102 Total views 19 Total shares National Iceland electrical company Landsvirkjun has cut the amount of power it will provide for some industries, including aluminium smelters and Bitcoin miners.A representative from the island’s power…

Ethereum blockchain infrastructure developer Parity Technologies experienced a security compromise that required nodes to perform an urgent update, the company stated in a blog post on Feb. 3.Parity, which is a popular technology stack for Ethereum users, said it had received notification of a loophole which would allow an attacker to shut down nodes running…

There are over 4,000 active DAOs, with treasuries totaling around $20 billion, which has many speculating that DAOs may still be a growing trend. 275 Total views 31 Total shares

Profitability mimics the height of last year’s bull run, but the circumstances have changed beyond recognition in 2020. 1366 Total views 9 Total shares The vast majority of the Bitcoin (BTC) supply is now in profit after its price bull run to $11,400, data shows.Tracked by on-chain monitoring resource Glassnode, as of July 27, almost…

Modern parents are going to need to keep an even closer eye on their kids’ gaming habits, as some of them may be accumulating a hefty tax bill, according to a crypto tax specialist.Speaking to Cointelegraph during last week’s Australian Crypto Convention, Adam Saville-Brown, regional head of tax software firm Koinly said that many don’t…