Germany seizes 47 crypto exchanges tied to ‘underground economy’

Draft legislation that would allegedly impose a ban on the use of cryptocurrencies in India is being circulated by local blockchain legal experts on social media.An unverified document published to Scribd by tech lawyer Varun Sethi on July 15 appears to reveal a draft bill entitled “Banning of Cryptocurrency & Regulation of Official Digital Currencies.”…

United States cryptocurrency exchange Coinbase has abruptly imposed a minimum deposit amount of 1,000 British Pounds ($1,240) for United Kingdom account holders, staff confirmed in private emails on July 16.Coinbase Suspends Faster Payments Deposits in U.K.Coinbase, which previously allowed U.K. users to deposit fiat funds via the country’s Faster Payments settlement system, has now suspended…

Almost 40% of liquidity on leading DEX Uniswap has left the platform with the end of UNI rewards for liquidity providers 1536 Total views 12 Total shares The total value of assets locked in leading decentralized exchange (DEX) Uniswap has plummeted by 38% in 24 hours amid the conclusion of its UNI liquidity rewards program…

The chief of NCA claimed that coin mixing services offer a layer of anonymity and protection to criminals looking to launder and wash their “dirty” funds. 483 Total views 5 Total shares The United Kingdom's National Crime Agency (NCA) seeks to regulate the crypto coin mixers under the country's laws against money laundering.Coin mixing tools…

Noah Davis, the non-fungible token (NFT) specialist at auction house Christie’s, has said he’s leaving the position in July to take up a post as brand lead for the CryptoPunks NFT collection with Yuga Labs.Announcing the move on June 19 in a Twitter thread, Davis looked to quash any anxieties holders had regarding the future…

According to cybersecurity firm Group-IB, weaponized ZIP file archives were being shared on crypto trading forums, with each one containing a nasty surprise. 274 Total views 1 Total shares The developers behind file compression software WinRAR have patched a zero-day vulnerability that allowed hackers to install malware onto unsuspecting victims' computers, enabling them to hack…

Loyal Finance Redefined readers:Hi, I’m Andrew. My inestimable colleague Andrey, the previous compiler of this newsletter, is stepping away from Cointelegraph in order to build [REDACTED], leaving me to take over lettering the news. While I’m thrilled he’ll be keeping around the DeFi ecosystem, I’m also infuriated that there’ll be yet another gigabrain trading against…

Hong Kong’s SFC finds deficiencies in some “deemed-to-be-licensed” crypto exchanges, risking their licensing status amid tightened regulations.

Though many Donald Trump supporters said nothing would stop them from voting for the Republican candidate, others didn’t seem to be pleased by his latest crypto lending project.