Community interaction beaming through the crypto space: Blockchain Economy Dubai 2022
The Blockchain Economy Dubai Summit 2022 highlighted that the crypto community is eager to engage and interact with fellow community members.
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Real Estate Magnate Sells New York Condo for $15.3M in Bitcoin
Real estate tycoon Ben Shaoul has sold a retail condo in Manhattan’s prestigious Upper East Side for $15.3 million in Bitcoin (BTC). The news was reported by New York real estate magazine The Real Deal on Nov. 1.Shaoul — who is president of the Magnum Real Estate Group — sold the 11,400-square-foot property to a…

BitMEX Updates BTC Price Indices to Remove ‘Insufficient Trade Volume’
Crypto derivatives exchange BitMEX is implementing major changes to the weights of its indices later this month, according to an announcement published today, Nov. 1.The exchange says the update is a bid to ensure that users trade against a reference price that “more closely reflects the market consensus price of underlying assets.”New weightings and new…

European trade body warns against the exclusion of DeFi from MiCA
The trade body recommended creating a taxonomy for the DeFi ecosystem and a consistent regulatory framework along with different levels of centralization. The Association for Financial Markets in Europe (ASME), an industry advocacy group that represents wholesale market participants in Europe, called for the inclusion of the decentralized finance (DeFi) sector within the recently passed…

Ponzi vs. pyramid schemes: What’s the difference?
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Former Florida Tax Collector Used Public Funds for Blockchain Company
A different kind of scam. 1124 Total views 19 Total shares A former Florida tax collector was found to have used public funds to set up a blockchain company.In a report from the Orlando Sentinel, former Seminole County tax collector Joel Greenberg billed the Tax Collector’s Office $65,860 to buy computer servers for a company…

FinCEN: Social Media Crypto Projects Can’t Ignore Money Laundering Risk
The deputy director of the United States Financial Crimes Enforcement Network (FinCEN) says the cryptocurrency sector must not abet a “slide backward” in money laundering prevention.FinCEN deputy director Jamal El-Hindi made his remarks during a speech at the Securities Industry and Financial Markets Association 20th Anti-Money Laundering (AML) and Financial Crimes Conference in New York City…

EV energy tech firm Nuvve to start buying up Bitcoin
Nuvve said it would use 30% of its spare cash to buy Bitcoin, but its latest balance sheet suggests it won’t be able to buy much.

Cryptocurrency News From Japan: Jan. 26–Feb. 1 in Review
This week in Japan, SBI Holdings’ president said to watch for central bank digital currencies, or CBDC, Coincheck exchange tallied top app downloads for exchanges is 2019, Japan’s central bank head forecasted CBDC demand, a Japanese political party proposed blockchain for document security, and a research institute unveiled a crypto index. Check out some of this…