Fed hits Texas bank with cease and desist over servicing crypto firms
The US Federal Reserve said it identified “significant deficiencies” in the bank’s dealings with crypto clients and its risk management procedures.
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US appeals court greenlights election prediction markets
The ruling paves the way for election prediction markets to operate in the United States.
South Carolina State Regulators Withdraw Enforcement Actions on Two Blockchain Startups
The Securities Division of the Office of the Attorney General of South Carolina has removed cease-and-desist orders against two blockchain startups, according to public documents published July 26. Today’s order removed a cease-and-desist order filed by the South Carolina Attorney General's office against shipping platform ShipChain for violating the state’s securities statutes on May 21.…
74% of Ethereum nodes ‘Merge ready’ ahead of Bellatrix upgrade
The need to update Ethereum clients comes as the Bellatrix upgrade is set to enable the Beacon Chain to execute transactions. 11280 Total views 112 Total shares As many as 73.5% of Ethereum nodes are now marked as “Merge ready” ahead of the upcoming Bellatrix upgrade for Ethereum on Tuesday, according to data from Ethernodes. The…
Early meeting of E-Gold founders may hold clue to Satoshi Nakamoto’s identity — Peter Thiel
Did Satoshi Nakamoto work on E-Gold? If so, Peter Thiel thinks he has a way to narrow down the identity of Bitcoin’s creator. 2208 Total views 11 Total shares PayPal co-founder and billionaire venture capitalist Peter Thiel believes he may hold a clue on how to find Satoshi Nakamoto, Bitcoin’s (BTC) pseudonymous creator who disappeared…
DAO regulation in Australia: Issues and solutions, Part 3
Lawmakers in Australia want to regulate decentralized autonomous organizations (DAOs). In this three-part series, Oleksii Konashevych discusses the risks of stifling the emerging phenomenon of DAOs and possible solutions.Crypto anarchy is unlikely to be the future that the majority of people support. Company regulation, in its essence, has a lot of positive aspects or at…
‘No Bailouts Required’ — Bitcoin Difficulty to Rise as Hash Rate Recovers
Bitcoin (BTC) did not need a multi-trillion dollar rescue package to continue functioning after crashing 60% in hours.That was the conclusion from analyzing the latest blockchain data, which showed that Bitcoin’s hash rate rebounded in recent weeks.BTC 16% difficulty drop steadies networkFigures from monitoring resource Blockchain confirm that since March 21, the hash rate has…
Is a new decentralized internet, or Web 3.0, possible?
The time has come to fight against the dominance of the internet giants. In Europe, various regulations have been announced that aim to force these giants to respect more healthy rules of the game and to be more protective of users' rights and of competition. Some even brandish the threat of dismantling some of the…
Bitcoin has support at $23K, but analysts warn of a dire drop to $8K as global debt unwinds
BTC’s sell-off is easing slightly, but traders are afraid that negative newsflow and future U.S. interest rate hikes could push the price lower. 2215 Total views 8 Total shares Bitcoin's month-long (BTC) choppy price action came to an end on June 13 after a deep market sell-off pressed the top cryptocurrency under the $29,000 support. The…