Interest in Bitcoin-backed loans returns: Will TradFi join this time?

The Philippine SEC is now collaborating with the U.S. SEC and the Asian Development Bank to better combat crypto-related crime. 90 Total views 2 Total shares The Philippines Securities and Exchange Commission (SEC) has teamed up with its United States counterpart, as well as the Asian Development Bank to crack down on criminals using cryptocurrencies

According to the fiscal year 2023 report, the IRS unit investigated failures to disclose crypto holdings and report on capital gains for transactions. 308 Total views 3 Total shares The Criminal Investigation (CI) Unit of the United Internal Revenue Service (IRS) reported an increase in the number of investigations around digital asset reporting.In its annual

The SEC has taken enforcement actions against several crypto firms, a move that has been criticized by many U.S. lawmakers and industry leaders. 134 Total views 2 Total shares Gurbir Grewal, director of the United States Securities and Exchange Commission (SEC) division of enforcement, has reportedly said the entire crypto industry was “built around noncompliance,”…

Solana (SOL) NFT holders will soon have a new option for where to trade, with OpenSea teasing its integration of the Solana blockchain.A 16-second video shared by the OpenSea Twitter account opened with the phrase “wen solana???” being typed into a search box and revealed that Solana will be supported by the marketplace in April.The…

The SEC alleges Kraken is operating an unregistered securities exchange.

A Jan. 8 post published by the Ethereum Foundation (EF) revealed that developers are working on a new implementation of the Vyper compiler, due to “multiple serious bugs” in the existing version. The Vyperlang team responded by noting that existing Vyper smart contracts were not affected by these bugs.Vyper is an alternative programming language for…

Walmart China plans to track food through its supply chain with VeChain’s Thor blockchain, reveals a VeChain press release published on June 25.Per the release, the Walmart China Blockchain Traceability Platform (WCBTP) will be a joint venture by Walmart China, VeChain, PricewaterhouseCoopers (PwC), cattle company Inner Mongolia Kerchin, and the China Chain-Store & Franchise Association.…

Crypto exchange Bitfinex shareholder Zhao Dong has claimed that sister firm Tether plans to release a version of the stablecoin backed by a basket of commodities such as gold, crude oil and rubber.In private correspondence with Cointelegraph on Sept. 3, Dong said that the idea of issuing Tether (USDT) pegged to a commodities basket was…

Burfa intends to purchase new cryptocurrency mining equipment from Bitmain to boost its data-center capacity. 2999 Total views 8 Total shares Estonian technology conglomerate Burfa is turning to Bitmain to supply key cryptocurrency mining infrastructure to its Narva-based data center, offering a glimpse into the arms race underway for high-performance computing resources. The $26-million agreement will…