Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
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Mystery Account ‘Rescues’ $6M of STEEM From Hard Fork Seizure
As part of the long-running Steem drama, the Steem (STEEM) network experienced another fork today. Particularly designed to tackle “constant attack from malicious accounts,” the new hard fork doesn’t appear to have been entirely successful.Code named “New Steem” the hard fork 0.23 had two primary aims. The first was to reduce the power down period…

THORswap back online 6 days after halt over detecting FTX funds
According to blockchain analytics firm Elliptic, the anonymous FTX exploiter has used THORSwap to convert ETH to BTC, which is traceable on-chain. 289 Total views 2 Total shares Decentralized exchange (DEX) THORSwap has resumed operations after briefly going into maintenance mode due to detecting illicit funds on its platform.THORSwap took to X (formerly Twitter) on

Chinese Province Sees First Official Blockchain Zone
The central Chinese province of Hunan has approved the establishment of the Wanbao blockchain zone in the city of Loudi. It is the first provincial blockchain zone in Hunan province, according to a local news report from March 4.Hunan punches above its weight among Chinese provinces housing blockchain workAccording to China’s 2019 blockchain zone development…

SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud
The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest in crypto, but diverted some of the funds for personal use. 312 Total views 26 Total shares Own this piece of history Collect this article as an NFTThe United States Securities and Exchange Commission, or SEC, has targeted an investment…

Berkeley Blockchain Xcelerator Director on What DLT Startups Need to Succeed
The Berkeley Blockchain Xcelerator — an incubator for early stage distributed ledger technology startups at the University of California, Berkeley — recently launched its spring cohort, which includes startups seeking to fight COVID-19, launch a cannabis-themed massively multiplayer online game and create a reverse auction platform for loans.Cointelegraph spoke to Jocelyn Weber, the director of…

Breaking: US Regulator Investigating Crypto Exchange BitMEX — Report
United States regulator the Commodity Futures Trading Commission (CFTC) is reportedly investigating derivatives giant BitMEX.CFTC wants to know if Americans using BitMEXAccording to sources citing people familiar with the matter speaking to Bloomberg on July 19, the CFTC suspects that BitMEX, which is registered in the Seychelles, allowed U.S. residents to use its platform to…

Winners and losers of 2022: A disastrous year that saw few winners among a sea of losers
2022 was supposed to be the year crypto went mainstream, with a significant chunk of traditional venture capital firms betting heavily on the ecosystem in 2021. However, with one disaster after another, 2022 turned out to be a catastrophic year for the nascent crypto ecosystem. Some of the biggest names touted as pivotal to taking…

Largest Ether mining pool Ethermine opens new ETH staking service
Ahead of the rapidly approaching Ethereum (ETH) Merge on Sept. 15, Ethermine, the world’s largest Ethereum mining pool has unveiled a new staking pool for users. Notably however, it is not available to U.S. miners The new service offers Ethermine members a chance to collectively stake their ETH and earn interest on top of their…