Maker, now Sky’s, new stablecoin lashed over ‘freeze function’

Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority. 223 Total views 15 Total shares Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in

The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining. 394 Total views 30 Total shares On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site…

The Ministry of Finance is seeking industry and public input on how to regulate digital assets by March 18. 484 Total views 24 Total shares The Ministry of Finance of the Russian Federation has officially initiated work on the country’s cryptocurrency regulation bill, filing the first public notice on the federal legal portal. Russia’s finance ministry…

The crypto markets have been in a strong bear phase for the past several months but JPMorgan Chase analysts expect that to change and they have projected a significant upside from the current levels. The analysts cited the rising share of all stablecoins in the total crypto market for their bullish outlook.Unperturbed by the current fall,…

Despite the growing popularity of Bitcoin, the number of individuals who own it worldwide is minuscule — leaving plenty of room for growth. 913 Total views 3 Total shares Only 4% of the global population currently holds Bitcoin (BTC), with the highest concentration of ownership in the United States, where an estimated 14% of individuals

The co-founder of asset management firm Paradigm says they feel “deep regret” for having invested in FTX amid recent revelations involving FTX, Alameda Research, and Sam Bankman-Fried. In a Twitter post on Nov. 15, Matt Huang, co-founder and managing partner of Paradigm said the firm is “shocked” by the revelations surrounding the two companies and their…

On Oct. 18 Reddit closed its blockchain based points program that involved the use of certain crypto tokens native to subreddits. Reddit’s r/Cryptocurrency community has fired two moderators who were found to be involved in insider trading of the Moon token, Cointelegraph has confirmed. As Cointelegraph reported on Oct. 20, at least three wallets linked

ConsenSys, a major blockchain firm founded by Ethereum co-founder Joseph Lubin, has acquired an American broker-dealer, Heritage Financial Systems.Heritage, a broker-dealer registered with the United States Securities and Exchange Commission (SEC), has been acquired by ConsenSys’s own broker-dealer, ConsenSys Digital Securities. ConsenSys’ blockchain-powered commerce and finance arm ConsenSys Codefi announced the news on Feb. 4.Heritage…

Business consulting firm Zventus announce a blockchain lab designed to revolutionize the mortgage sector. 164 Total views 13 Total shares Global business provider Zventus announced a new blockchain initiative on Monday titled ‘Mortgage Blockchain Lab’. The proposal i meant to collate the resources of several mortgage experts, technology firms and academic institutions to collaborate on…