Labour victory in UK elections renews crypto industry optimism

Ugandan legislators are exploring the role of cryptocurrencies in connection with pyramid scheme frauds that are often found in the country, local newspaper PML Daily reported on Feb. 4.While legislators are moving forward with a proposal to criminalize Ponzi schemes, cryptocurrencies may come under fire as well.Speaking at the parliament, the State Minister of Finance…

Bitcoin (BTC) plunged to below $38,000 on Monday, giving up all the gains it had made last week, which saw BTC/USD rally over $45,000.BTC back below $40K as oil soarsThe losses appeared primarily in part due to selloffs across the risk-on markets, led by the 18% rise in international oil benchmark Brent crude to almost $139…

South Korea’s largest messaging app operator Kakao has invested in Orbs, an Israeli blockchain startup, Reuters reports Dec. 13.The report states that Orbs did not disclose the size of the investment. Moreover, the startup reportedly explained that this investment “builds on its existing partnership with Kakao blockchain subsidiary Ground X.”As Cointelegraph reported in October, Ground…

A Texas federal judge issued a bench warrant in response to a contempt motion brought by the SEC against former Rep. Senator David Schmidt. A Texas federal judge issued warrants for the arrest of an ex-Washington state senator and the leaders behind an alleged cryptocurrency scam involving the Meta 1 coin. At an April 21 hearing…

The “Travel Rule” aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions. 506 Total views 24 Total shares Tether Operations Limited, the firm operating Tether (USDT), announced on Tuesday that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance.Tether will begin testing Notabene’s cross-border transaction…

The online event will occur at 7 pm UTC and end on Aug. 22. 

Users can view account balances through a Network Explorer or programmatically retrieve them via the mirror node REST API, which the plugin will utilize. 254 Total views 2 Total shares A convergence of blockchain and artificial intelligence (AI) has occurred between ChatGPT and HBAR, the native cryptocurrency of Hedera Hashgraph. By capitalizing on the decentralized…

by Zhiyuan Sun 10 min December 15, 2022 Some security experts think negotiating is a smart way to get back most of the stolen funds, while others argue you should never to give in to extortion. “A highly profitable trading strategy” was how hacker Avraham Eisenberg described his involvement in the Mango Markets exploit that…

Joseph Lubin’s firm ConsenSys is entering the compliance market with the launch of a service for DeFi projects on the Ethereum network. 1204 Total views 34 Total shares Ethereum co-founder Joseph Lubin’s firm ConsenSys is releasing a compliance service to keep an eye out on transactions conducted by DeFi companies and exchanges trading tokens issued…