Crypto exchange eXch denies laundering Bybit’s hacked funds
Onchain sleuth ZachXBT and Nick Bax, a member of a white hat hacker group, both allege that eXch was used by the Lazarus Group to launder $35 million from the Bybit hack.
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Terra could leave a similar regulatory legacy to that of Facebook’s Libra
New draft legislation on stablecoins in the United States House of Representatives proposed to impose a two-year ban on new algorithmically pegged stablecoins like TerraUSD (UST).The proposed legislation would require the Department of the Treasury to conduct a study of stablecoins similar to UST in collaboration with the United States Federal Reserve, the Office of…

Michael Saylor's MicroStrategy enters Nasdaq 100
Nasdaq has announced that Michael Saylor's MicroStrategy will be added to the Nasdaq-100 index.

Philippines’ central bank isn’t ready to pull the trigger on a CBDC
The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money. 793 Total views 5 Total shares Philippine central bank governor Benjamin Diokno has announced that the institution's "exploratory" study of central bank digital currency study suggests that much more work is needed to make…

Daily Ethereum Transactions Exceed One Million, a First Since May 2018
Daily transactions registered on the Ethereum (ETH) network exceeded one million yesterday, June 28, for the first time since May 2018, according to data reported by leading Ethereum block explorer Etherscan.Per Etherscan data, on June 28 there were 1,004,170 transactions confirmed on the Ethereum blockchain. Before yesterday, the last time the Ethereum chain registered over…

Japanese SBI and Swiss SIX plan joint crypto venture in Singapore
The new platform aims to establish an institutional corridor between Europe and Asia. 1100 Total views 12 Total shares Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture.According to a Dec. 8 announcement, the firms' digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset…

Is 2023 the year we’re able to take control of our data?
What is happening to my data? Although true control is limited in the digital age, our relationship with big tech and big media can be parasitic. During the mobile revolution, users traded away autonomy for convenience, and in hindsight, we should have looked deeper into the Terms of Service. The New York Times unveiled the…

Top 5 Crypto Performers Overview: Stellar, Ripple, NEO, Cardano, EOS
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision.The market data is provided by the HitBTC exchange.On Oct. 15, some market participants dumped stablecoin Tether as…

Is US Environmental Tax Policy Hindering Solar Power to Fuel Digital Technologies?
Society is now witnessing the implementation of digital currencies, AI and blockchain technology worldwide. These new digital technologies, necessitate very high consumption of electric energy, currently produced with coal and fossil fuels with adverse environmental effects. A global shift towards green energy will require the removal of the technological/infrastructure, financial and regulatory/tax policy barriers. In…