Japan’s crypto anti-money laundering measures to start in June: Report
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Iowa regulator orders BlockFi to pay $943K over alleged unregistered securities offering
The IID ordered BlockFi to pay an administrative fine as well as cease and desist “from making any untrue statement of material facts regarding securities.” 443 Total views 5 Total shares The Iowa Insurance Division, or IID, a regulator responsible for many securities sales in the state, has fined crypto lending firm BlockFi more than…
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‘Godfather of AI’ resigns from Google, warns of the dangers of AI
An Artificial Intelligence (AI) pioneer, nicknamed the “Godfather of AI” has resigned from his position at Big Tech firm Google so he could speak more openly about the potential dangers of the technology.Before resigning, Dr. Geoffrey Hinton worked at Google on machine learning algorithms for more than a decade. He reportedly earned his nickname due…
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USD stablecoin premiums surge in Argentina following economy minister’s resignation
Argentina, a country with one of the highest crypto adoption rates in the world, saw the price of dollar-pegged stablecoins surge across exchanges on Saturday after the abrupt resignation of its Economy Minister, Martin Guzman. The minister’s shock exit, confirmed on his Twitter account on July 3 via a seven-page letter, threatens to further destabilize a…
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WazirX to reverse trades after $235M crypto hack
WazirX, one of the largest crypto exchanges in India, lost $235 million to a multisig wallet security breach in July 2024.
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An Ethereum 2.0 Proof-of-Stake Testnet Blockchain Is Now Live
An Ethereum (ETH) 2.0 Proof-of-Stake (PoS) testnet beacon blockchain is now live. Preston Van Loon, co-founder of sharding development firm Prysmatic Labs, announced the development in a Medium post on May 7.Ethereum 2.0 is an upcoming new Ethereum chain featuring improvements in security, scalability, and decentralization. Ethereum 2.0 would not be introduced to the current…
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‘100+ Events’ Imply $100K Bitcoin by 2022, Says Market Analyst PlanB
Bitcoin (BTC) rising to $100,000 next year has “more one hundred-plus events” backing it up, price analyst PlanB has confirmed.In the ongoing Twitter debate over his stock-to-flow Bitcoin price model, the famously bullish PlanB said that it calls for a mid-term price tag of six figures — but how quickly or slowly Bitcoin gets there…
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Tether’s $5B mint and political entanglements raise suspicion about industry
Unraveling Tether’s complex web of financial maneuvers and its impact on the global crypto market.
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Bitcoin risks ‘new lows’ into monthly close as BTC price retests $27K
BTC price performance looks limp on the last day of May, with the 200-week moving average rapidly coming into view. 616 Total views 10 Total shares Bitcoin (BTC) tested $27,000 on May 31 as weakness prevailed into the monthly close.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewAnalyst: Bitcoin reaching “crucial area”Data from Cointelegraph Markets Pro…