Colosseum raises $60M to support Solana’s hackathon teams

June 25, 2024
The Last Cryptocurency
Cointelegraph Feed
Cointelegraph Feed

The capital will fund pre-seed investments for teams accepted into Colosseum’s Accelerator program.

Hackers infected the largest private hospital in Europe with ransomware. Hackers infected the IT infrastructure of the largest private hospital in Europe with ransomware.Cybersecurity news outlet, KrebsonSecurity, reported on May 6 that hackers compromised the IT systems of Germany-based private hospital, Fresenius. An anonymous source reportedly informed the outlet that the hospital’s systems were infected…

Binance says its Industry Recovery Initiative has 7 enrollees, 150 applicants

The initiative was announced Nov. 24 by CEO Chengpang Zhao (CZ) as an effort to “protecting consumers and rebuilding the industry.” 484 Total views 5 Total shares Binance announced Nov. 24 that it is spearheading the creation of a so-called Industry Recovery Initiative (IRI) on BloombergTV. New details about the project to “to lead the…

Coinbase CEO Brian Armstrong says proposed crypto tax rule makes no sense

The crypto exchange boss is the latest to decry plans to enact sweeping changes to cryptocurrency tax reporting in the United States. 1185 Total views 284 Total shares Coinbase CEO Brian Armstrong is the latest crypto figure to come out against the wording of the proposed changes to cryptocurrency taxation in the United States.Tweeting on…

Examining global successes and challenges in regulating crypto: Report

The use and popularity of cryptocurrencies have significantly increased in recent years, but their decentralized nature makes them difficult to regulate, and the lack of a clear framework has led to concerns about money laundering, terrorist financing and consumer protection. Over 90 countries have introduced cryptocurrency regulations since 2014, with 28 adopting crypto-related laws in…

Libra Must Comply with Anti-Money Laundering Standards: US Treasury

Facebook’s Libra stablecoin must meet the highest Anti-Money Laundering (AML) and terrorism financing standards, according to United States Treasury Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker.Major business news outlet Reuters reported Mandelker’s remarks on Sept. 10.Cryptocurrencies must complyPer the report, U.S. Under Secretary of Terrorism and Financial Intelligence Sigal Mandelker also told reporters…

5 things to know as Bitcoin price heads for $65,000

Bitcoin starts the week with a push toward BTC price resistance as $65,000 becomes the key level to flip.

86-year-old to pay $14M after admitting to running crypto Ponzi scheme

Prosecutors sought five years probation for crypto schemer David Kagel because of his age and ailing health.

Kitchen table Bitcoin: How should average investors approach crypto?

Cryptocurrencies have come a long way over the last few years, so much so that their market capitalization is now above the $2 trillion mark, and large businesses including Tesla and MicroStrategy have invested billions in Bitcoin (BTC).While institutional investments in crypto assets have been growing over the last few years, discussion on how retail…

Coinbase Custody Buys Xapo Institutions, Continuing Rapid Expansion

Disclaimer: this story is breaking and may be subject to updates.Coinbase Custody has reportedly acquired Xapo’s institutional business to become the world’s largest crypto custodian by assets under custody.Major crypto exchange Coinbase announced the news in a post on the company’s blog Aug. 15. The news follows rapid growth on the part of Coinbase’s year-old custodial…

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