German banks slowly adopt crypto, mostly for institutional investors
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Government of Abkhazia Cuts Off Power to 15 Cryptocurrency Mining Facilities
The government of the Republic of Abkhazia has cut power to some cryptocurrency mining farms due to electricity concerns, state electric utility Chernomorenergo RUE announced in a Facebook post on Dec. 31.Per the announcement, Chernomorenergo cut power to 15 facilities with a total capacity of 8,950 kilowatt-hours (kWh), which is purportedly equivalent to the electricity…

Dash should not be considered a privacy coin, Dash team says
What a statement from a coin whose white paper originally proclaimed it as “a privacy-centric cryptographic currency." 946 Total views 5 Total shares Once viewed as one of the crypto industry's top privacy-focused assets, Dash (DASH) no longer operates under that classification, according to the Dash Core Group, the body overseeing the asset and its development. When…

SEC lands $700K victory in another ICO court case
Another ICO case comes to a close. 835 Total views 6 Total shares After years of legal action from United States governing bodies, Blockvest, a 2018 initial coin offering, or ICO, has received its final orders. “The SEC, as a government agency, seeks a permanent injunction, disgorgement of funds received from Defendants’ illegal conduct, and civil…

Crypto exchange volume data is becoming more reliable — but it’s still far from perfect
The Blockchain Transparency Institute, or BTI, has published its market data integrity report for 2020. This report found a threefold improvement in the quality of data on veteran crypto rankings site, CoinMarketCap. “Only 31% of the [CoinMarketCap] top 25 is being wash traded compared to over 90% just 1 year ago, a 3x improvement with their…

Here’s why Avalanche, OriginTrail and Coti hardly budged as Bitcoin fell to $40K
Admittedly, the last few days have not been not the most pleasant time for crypto traders as the price of Bitcoin (BTC) price fell short of breaking the $50,000 threshold, then slid to the low-$40,000 range and pulled the majority of altcoins down with it. Despite this sharp downturn, a handful of tokens seemed to…

Marshall Islands Launches National Crypto With ‘Fixed Supply’
The Marshall Islands has issued a national blockchain-based currency in a bid to “finally acquire monetary independence in a way that reflects Marshallese values.”The issuance of the Marshallese sovereign (SOV) was announced in an essay by The Honorable David Paul — Minister In-Assistance to the President and Environment of the Marshall Islands — published by…

Supercar maker Mazzanti Automobili launches security token offering
The STO will take place on the Luxembourg-based STOKR marketplace. 3593 Total views 11 Total shares Italian luxury car manufacturer Mazzanti Automobili has launched its security token offering on regulated digital marketplace STOKR.As part of the offering, Mazzanti aims to raise 999,999 euros ($1.2 million) on STOKR to develop a special edition of its hypercar…

Ex-FTX execs team up to build new crypto exchange 12 months after FTX collapse: Report
The cryptocurrency exchanges offers a self-custody solution that integrates a multiparty computation technique to secure funds. 168 Total views 1 Total shares Several former FTX executives have teamed up to help build a new cryptocurrency exchange in Dubai with a specific focus on what FTX failed to do — secure customer funds.Ex-FTX lawyer Can Sun