FTX adviser AlixPartners boosts crypto tracing with Chainalysis
Crypto and DeFi fraud schemes have a lot in common with loan schemes and market manipulation in 1980 and the dot com era, AlixPartners’ David White observed.
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Illegal crypto mining not cause of power shortages in Iran, ministry says
Iran’s Ministry of Industry, Mine and Trade questioned Tavanir’s claims that illegal mining activities consume 2,000 megawatts of power. 61 Total views 1 Total shares Iran’s Ministry of Industry, Mine and Trade reportedly dismissed claims by leading power company Tavanir that blamed illegal cryptocurrency miners for the ongoing power shortages in the country.According to a…
Sci-Fi NFT comic book project lays the foundation for CCG development
The year is 2142 AD. A dystopian future controlled by corporations is rocked as the last Bitcoin (BTC) is mined, and Satoshi Nakamoto’s long-dormant wallet is awakened and used to dismantle their control. The physical, virtual and astral realms are all disrupted as entheogen spirits, angels and demons battle it out while artificial intelligence (AI)…
US: Crypto Industry Reps, Lawmakers, Venture Capitalists to Discuss Regulatory Landscape
Representatives from U.S.-based financial giants and cryptocurrency startups will meet with Washington lawmakers this Tuesday to discuss the regulatory landscape, CNBC reported September 24.The roundtable dubbed "Legislating Certainty for Cryptocurrencies" will reportedly be hosted by Rep. Warren Davidson (R-Ohio). The attendees will address the issue of policy-making regarding the new asset class in the run-up…
Congresspeople Call on IRS to Take It Easy on Taxing Staking Rewards
Several of the more crypto-forward members of Congress have asked the IRS to sharpen up its guidance on taxing staking rewards. On Aug. 4, four U.S. congressional representatives wrote to the Internal Revenue Service (IRS) asking the tax authority not to overtax rewards from Proof-of-Stake blockchains. Explaining the difference in energy consumption between PoS and Proof-of-Work…
Bitcoin Wallets Holding at Least 1 BTC Set to Hit 800K All-Time Highs
Bitcoin (BTC) addresses holding 1 BTC are on the rise — but only a maximum of 800,000 people currently own a whole coin.That is according to data released on March 28, which put the total number of wallets containing at least 1 BTC at all-time highs.Are “Wholecoiners” multiplying?The figures from monitoring resource Glassnode claim that…
SEC Chairman Expresses ‘Optimism’ About DLT Investment Opportunities in Senate Testimony
United States Securities and Exchange Commission (SEC) chairman Jay Clayton has said this week that he is “optimistic” that developments in distributed ledger technology (DLT) can “help facilitate capital formation.”Speaking as part of a testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs — published on the SEC website Dec. 11 —…
Roger Ver Says $5 Bitcoin Cash Giveaway Could Be Worth $5,000 Someday
Bitcoin Cash's Roger Ver took to Facebook to announce that he is giving away Bitcoin Cash (BCH) to further spread the adoption of the fourth-largest cryptocurrency by market capitalization.Bitcoin Cash price to increase by almost 100,000 percent?On Nov. 4, the Bitcoin Cash proponent and former CEO of Bitcoin.com, Roger Ver, said that he will send…
Blockchain games take on the mainstream: Here’s how they can win
Gaming is now one of the most profitable sectors of the entertainment industry, with consumer spending in the United States growing 8% in 2021 to top $60.4 billion in revenue. Worldwide, the games market generated an estimated $180.3 billion in 2021, up 1.4%. Within that segment are the hugely popular play-to-earn blockchain-based games, which are…