Bitcoin Price Climbs $400 In 20 Minutes to Reach 2-Week High
Bitcoin, the world’s largest cryptocurrency by market capitalization has jumped 6.6 percent in quick succession pushing prices well above $6,600.
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Will Biden Get the Final Say Over a Controversial Crypto Accounting Rule?
A little-known rule proposed by the U.S. Securities and Exchange Commission (SEC) that is disliked by vast numbers of the finance firms — particularly banks — and vehemently opposed by the majority of the crypto industry is essentially getting revived by President Joseph Biden.This is an excerpt from The Node newsletter, a daily roundup of

Worldcoin Regulatory Scrutiny Grows as Argentina Opens Investigation
The Argentine Agency for Access to Public Information (AAIP) has initiated an investigation targeting Worldcoin to ascertain the legality of its data collection practices within the South American country, the agency said on Tuesday.The AAIP outlined its objective of scrutinizing the security protocols in place to safeguard the privacy of Worldcoin users in Argentina.The agency…

Framework Ventures’ DeFi Fund Booms as Tech Team Staffs Up
The studio's flagship ventures fund increased in value from $14 million to $300 million.Framework Ventures co-founders Vance Spencer and Michael Anderson(Framework Ventures)Feb 11, 2021 at 5:47 p.m. UTCUpdated Feb 11, 2021 at 5:51 p.m. UTCFramework Ventures’ DeFi Fund Booms as Tech Team Staffs UpLast summer’s decentralized finance (DeFi) craze pumped massive gains into Framework Ventures’…

Sam Bankman-Fried Faces New U.S. Indictment Over Chinese Bribery
Brett HarrisonFounder and CEOArchitectDon't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.Brett HarrisonFounder and CEOArchitectDon't miss "FTX: What Happened" with the former president of FTX's U.S. arm and Anthony Scaramucci.Nikhilesh De is CoinDesk's managing editor for global policy and regulation. He owns marginal amounts of bitcoin and ether.Brett…

‘Power to the People’: Privacy Was the Rallying Cry of Berlin’s Web3 Summit
news It may seem trivial in some cases, but digital anonymity is no joking matter to American whistleblower and privacy advocate Edward Snowden. “We need someone to be able to post something truly idiotic on the internet and not have it haunt them for the rest of their lives,” he said through a webcam to a…

Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’
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US Treasury Blacklists Bitcoin, Litecoin Addresses of Chinese ‘Drug Kingpins’
news The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) has sanctioned three Chinese nationals and their cryptocurrency addresses, alleging they violated money laundering and drug smuggling laws. OFAC named Xiaobing Yan, Fujing Zheng and Guanghua Zheng as narcotics traffickers under the Foreign Narcotics Kingpin Designation Act, freezing any property they own within the U.S. and…

Telegram Merchants Gain Access to In-App Crypto Payments for First Time
Merchants on messaging app Telegram are now able to accept payment in cryptocurrency as services provider Wallet expands beyond its chat-centric payments mechanism.Wallet, which is built on The Open Network (TON) blockchain, already allows crypto transfers between users in chats. Now it's letting merchants integrate cryptocurrency into the bots they use to accept payments, it…