Bitzlato founder won’t get more jail over $700M dark web clearing house
The judge said the 18 months Anatoly Legkodymoc had already served in Brooklyn’s “terrible” MDC was enough punishment.
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French central bank head announces beginning of wholesale digital euro project phase 2
The French presidency of the European Union winds down with the completion of wCBDC experiments, the design of a proprietary blockchain and an automated market maker platform. 231 Total views 3 Total shares The first phase of experiments with a wholesale digital euro has been completed, and Phase 2 experiments will begin this year, Banque…

Marvel NFT partner Veve closes its marketplace after an in-app token exploit
Twitter users have complained that the exploit has resulted in a sharp decline in the price of their Digital collectibles over the past week. 677 Total views 32 Total shares Veve, a nonfungible token (NFT) marketplace with licensed digital collectibles, faced an exploit on Tuesday, resulting in millions of gems (in-app tokens) being acquired illegally.…

Hodler’s Digest, June 10–16: Top Stories, Price Movements, Quotes and FUD of the Week Top Stories This Week
CCN casts doubt on shutdown plans as Google appears to correct visibilityCryptocurrency news outlet CCN (formerly CryptoCoinsNews) is apparently not going through with its total shutdown, as reported earlier this week. The outlet had previously posted a note that a recent Google Core Update had led to a more than 70% visibility drop on mobile…

PayPal stablecoin: What it could mean for payments
PayPal confirmed on Jan. 8 it is “exploring a stablecoin” that could be called PayPal Coin after a developer found evidence of such a stablecoin within the source code of the company’s iPhone app.PayPal senior vice president of crypto and digital currencies Jose Fernandez da Ponte said at the time that if the company plans…

Infrastructure bill passes US Senate — without clarification on crypto
"This legislation imposes a badly flawed, and in some cases unworkable, cryptocurrency tax reporting mandate that threatens future technological innovation,” said Senator Toomey. 958 Total views 117 Total shares The fight for lawmakers to clear up the language used to define brokers in the crypto space may be moving to the United States House of…

Moody’s Gives Thumbs Up to UAE’s Know Your Customer Blockchain Platform
Moody’s Corporation has said that a new blockchain-based Know Your Customer (KYC) platform in the United Arab Emirates is credit positive for the nation’s lenders. According to a report by local media outlet The National on Feb. 26, the ratings agency has said that the platform will improve asset quality and boost profits.As Cointelegraph reported last…

3 things every crypto trader should know about derivatives exchanges
In the past two years futures contracts have become widely popular among cryptocurrency traders and this became more evident as the total open interest on derivatives more than doubled in three months. Additional proof of their popularity came as futures turnover surpassed gold, which is a well-established market with $107 billion in daily volume.However, each…

Bitcoin slides with S&P500 as Fed signals tapering $120B monthly bond purchases
Bitcoin (BTC) prices briefly fell below $44,000 on Aug. 19 as the United States Dollar strengthened after the Federal Reserve policy minutes revealed their intentions to limit their bond-purchasing program this year.Bitcoin risks $45,000 becoming new resistance The spot BTC/USD rate dropped 1.71% to a new week-to-date low of $43,955. The pair's plunge appeared as a…