Crypto advocates file brief against SEC's investor tracking database
The Consolidated Audit Trail would gather a monumental amount of data, and more than it is meant to when it exposes the identity of crypto wallet holders.
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German government unimpressed by Facebook stablecoin’s rebrand
German finance minister says “A wolf in sheep's clothing is still a wolf.” 1432 Total views 14 Total shares Facebook’s Diem stablecoin, which recently changed its name from Libra, is still failing to impress German regulators.As reported by Reuters, German Finance Minister Olaf Scholz voiced his criticism of the project on Monday after a conference between G-7…
French Police Shut Down 850,000 Computer Botnet Used for Cryptojacking
French police have shut down a massive botnet that has been used for Monero (XMR) cryptojacking.Cryptojacking backed by “massive firepower”BBC News reported the development on Aug. 27. According to the police, the botnet was distributed by sending virus-laden emails with offers for erotic pictures or fast cash, and further propogated through infected USB drives. The…
Crypto traders say Ethereum ‘undervalued,’ expect spot ETH ETF to fuel new highs
Ethereum price has a muted response to today’s spot ETH ETF launch, but traders still expect Ether to hit new highs soon.
Crypto lender BlockFi is granted extra time to file Chapter 11 exit plan
BlockFi was granted a 48-day extension by a New Jersey bankruptcy judge to submit an exit plan, exploring a potential sale of company assets and restructuring.
Kraken rethinks direct listing plan following Coinbase’s lackluster performance
Jesse Powell is rethinking Kraken’s plan to go public which is set for late 2022, following the uninspiring performance of Coinbase stock (COIN) since its launch on April 14.Speaking with Fortune on June 11, Powell stated that in light of the performance on Coinbase’s direct public offering, the firm is now considering an initial public…
Mt. Gox Opens Online Rehabilitation Claim Filing System for Corporate Users
Now-defunct Japanese Bitcoin (BTC) exchange Mt. Gox has extended its online rehabilitation claim filing system to corporate users, according to an official announcement posted on the exchange’s site today, September 12.Today’s announcement follows upon an online system for individual (non-corporate) users that was released August 23, allowing them to file proofs of bankruptcy claims. The…
Bitcoin ‘tourists’ have been purged, only hodlers remain: Glassnode
So-called “market tourists” are fleeing from Bitcoin (BTC), leaving only long-term investors holding and transacting in the top cryptocurrency, according to blockchain analytics firm Glassnode.In its July 4 Week Onchain report, Glassnode analysts said June saw Bitcoin have one of its worst-performing months in 11 years, with a loss of 37.9%. It added activity on…
DeSci: Tech trees to fund ambitious science and tech
Have you ever played the game series Civilization, created by designer Sid Meier? Through the years, much has changed, but one of the unchanging hallmarks of the series has been the technology tree. Why has it been such a stable component of this game? Because it allows you, on one look, to get a bird’s-eye…