IMF execs float raising crypto mining electricity prices by 85%
A tax on the energy used by crypto miners could cut emissions by 100 million tons a year, equal to Belgium’s emissions, say two IMF executives.
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Thai SEC proposes new rules for digital asset custodians
The Thai SEC is seeking public input for newly proposed crypto custody regulations until late September. 775 Total views 7 Total shares The Securities and Exchange Commission (SEC) of Thailand continues introducing new regulations for the cryptocurrency industry, citing investor protection concerns.On Wednesday, the Thai SEC proposed a set of additional regulations related to custody of…
2 auditors miss $27M Penpie flaw, Pythia’s ‘claim rewards’ bug: Crypto-Sec
Two smart contract auditors miss a Penpie bug that resulted in a $27M exploit, Pythia Finance attacker claims way too many rewards: Crypto-Sec
‘Cheaper than it looks’: Fidelity exec says BTC undervalued and oversold
Anthony Pompliano made similar remarks on Monday, noting that Bitcoin’s “value and price are diverging” and that “weak hands are selling to strong hands.” 523 Total views 35 Total shares Jurrien Timmer, Fidelity’s director of global macro, has argued that Bitcoin (BTC) may be “cheaper than it looks”, highlighting evidence on Tuesday that the cryptocurrency…
CNHC stablecoin issuer detained by Chinese police: Report
KuCoin Ventures and Circle Ventures are among the investors in the Chinese offshore yuan-pegged stablecoin, which is reportedly under investigation in China. 415 Total views 1 Total shares The Chinese government continues to crack down on the cryptocurrency industry with a new investigation targeting a major Chinese yuan stablecoin issuer.Employees of Trust Reserve — the…
McDonald’s, Nestlé and Virgin Media Join Blockchain in Advertising Pilot
McDonald's, Nestlé and Virgin Media have joined a new blockchain pilot seeking to increase transparency in advertising online.Developed by the Joint Industry Committee for Web Standards (Jicwebs) — a British United digital ad trading standards body — the new initiative aims to assess the potential of blockchain in the digital ad supply chain, as business…
Logan Paul sues Coffeezilla for defamation over CryptoZoo videos
Logan Paul claims YouTuber Stephen Findeisen, also known as Coffeezilla, “maliciously and repeatedly” made false statements about his NFT project CryptoZoo.
DJ 3LAU causes a stir after opting out of Friend.tech over regulatory risks
3LAU noted that there risks were necessarily high, but that he has a “responsibility” to avoid any regulatory gray areas. 139 Total views 2 Total shares Popular DJ and crypto investor 3LAU (Justin Blau) has caused a stir in the crypto community after suddenly opting out of decentralized social media platform Friend.tech. Explaining the decision
Coinbase counters WSJ claim its Risk Solutions group engaged in $100M proprietary trade
In a blog post, Coinbase said the WSJ seemed to confuse the nature of a transaction earlier this year made using money raised through a structured note that was later sold. 281 Total views 8 Total shares The Wall Street Journal and Coinbase are having a difference in definitions. The newspaper published an alleged account…