CZ and Binance face new lawsuit for alleged laundering of stolen crypto
One legal expert says if the class action lawsuit progresses, it could put the “efficacy of blockchain analytics itself” on trial.
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NYSE Operator’s Long-Awaited Crypto Platform Bakkt Announces New Key Vacancies
Bakkt, the cryptocurrency platform created by the operator of the New York Stock Exchange (NYSE), announced that they are hiring for a number of high-up positions in a tweet Jan. 22.The Intercontinental Exchange’s (ICE) much-awaited crypto platform published a list of eight evidently new vacancies at the company, all of which are based in Atlanta…

Altcoin Roundup: Market cycle analysis screamed ‘take profit’ ahead of May 19 sell-off
Welcome to Cointelegraph Market’s weekly newsletter. This week we will identify emerging-sector trends across the cryptocurrency landscape in order to broaden your understanding of market cycles and better equip readers to take advantage of the microcycles that are a regular occurrence in the larger market structure.The cryptocurrency sector has an established reputation for being volatile…

COP28: Blockchain projects make push to decentralize climate markets
As the 2023 United Nations Climate Change Conference (COP28) takes place in Dubai, United Arab Emirates, many projects participated in the climate action effort by launching blockchain-powered initiatives. From Nov. 30 to Dec. 12, diplomats and leaders from across the globe are gathering at Dubai’s Expo City to advance initiatives in climate action. Among those

Hashrate recovery reduces Bitcoin miners’ selling pressure in July
Miner revenues soar 50%, pushing Bitcoin hashrate higher and reducing selling pressure from miners’ reserves.

Altcoins rally as analyst warns Bitcoin is in the ‘$50K – $60K twilight zone’
Bitcoin (BTC) price is still stuck in what traders hope will be a short-term downtrend as the impact of the April 18 rumors of a crackdown on “unnamed financial institutions” for facilitating money laundering using cryptocurrencies have yet to be shaken off. Data from Cointelegraph Markets and TradingView shows that since being pummeled below the $51,000 level…

FinCEN announces sweeping money laundering regulations overhaul
FinCEN is preparing to modernize its AML requirements for financial institutions to greater respond to the dynamic threats posed by “illicit finance.” The U.S. Financial Crimes Enforcement Network (FinCEN) has announced it will be changing the anti-money laundering (AML) and counter-terrorist financing (CTF) rules within the financial sector.The announcement stated that FinCen will be seeking…

ETH 2.0 Audit Highlights Risks to Block Proposers and P2P Protocol
Technology security firm Least Authority has published an audit of the specifications for ETH 2.0 — the long-awaited overhaul of the Ethereum (ETH) protocol.Least Authority audited ETH 2.0’s during January at the request of the Ethereum Foundation. The firm worked alongside the Foundation throughout the process and compiled the final version of the report on…

Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.