EU crypto regulations undermined by lack of enforcement, say observers

At least 20 crypto executives and customers of an Israeli telecommunications company were targeted in a sophisticated SS7 attack last month. 2239 Total views 16 Total shares Hackers compromised the Telegram messenger and email accounts of multiple cryptocurrency executives last month by exploiting a vulnerability in a decades old protocol. The fraudsters are believed to have…

3iQ launched its Bitcoin Fund trading on Nasdaq Dubai after receiving regulatory clearance for a dual listing in April. 669 Total views 4 Total shares Canada’s largest digital asset investment fund manager, 3iQ, is expanding its reach to global investors by listing its public Bitcoin (BTC) fund on a major market in the Middle East.3iQ rolled…

Despite plenty of regulatory action in the United States and an ongoing crypto winter, former TradFi executives, now in crypto, said there’s no desire to return to their old banking livesInstead, former traditional bankers who’ve pivoted to crypto remain bullish about the industry's future and love the fact they can actualize real innovation.Lisa Wade, CEO…

French soccer club Paris Saint-Germain (PSG) is partnering with blockchain platform Socios.com to launch a token ecosystem, according to a press release shared with Cointelegraph September 11.PSG plays in the highest tier of France’s soccer league and has been hailed as the country’s “most popular” team.Socios describes itself as a digitized, tokenized form of the…

Coinbase reports that it migrated its Tezos (XTZ) staking bakery from the United States to Ireland while incurring just one minute of downtime on March 31.Since launching its staking service for XTZ in 2019, the exchange has come to operate the largest validator in the Tezos network.Regulatory needs of Tezos ETP provider sparks Coinbase bakery…

Buterin has advocated preserving Ethereum consensus minimalism and not overloading validators with other things. 388 Total views 1 Total shares Ethereum co-founder Vitalik Buterin has published a lengthy blog post warning of the dangers of “stretching” Ethereum's consensus past its core functions of validating blocks and securing the network. Ethereum consensus is the process whereby blocks…

Australian blockchain energy firm Power Ledger has partnered with a local energy retailer to roll out its technology in South Australia. Power Ledger’s blockchain-based software will allow Australians to pool their excess solar and battery storage to a Virtual Power Plant for greater control and management over their energy.Commercial deal with Australian electricity wholesaler PowerclubWithin…

The long-term Bitcoin trend indicators, the 200-day and 200-week moving average, are at the highest-ever levels with Anthony Pompliano saying BTC is “as strong as ever.”