Meme coins: Betrayal of crypto’s ideals… or its true purpose?
Meme coin fans think “serious” crypto investors are mid-curving it. Serious crypto investors think meme coin fans are idiots.
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New US Treasury sanctions on Russian hackers hit Monero address
The U.S. government is charging ahead in its pursuit of privacy tokens, according to the latest sanctions. Per Sept. 16 additions to the list of sanctioned individuals, the U.S. Treasury is targeting Monero addresses.Russian nationals Dmitriy Karasavidi and Danil Potekhin have become the newest names on the specially designated nationals (SDN) list. According to the…
US Congress Urged to Regulate Crypto Sector Under Bank Secrecy Act
The Financial Integrity Network (FIN) — a Washington D.C.-based advisory firm — has urged the United States Congress to regulate firms in the cryptocurrency sector under the Bank Secrecy Act (BSA).Virtual asset service providers should be regulated under BSAIn a copy of FIN testimony published ahead of a hearing on Sept. 3, FIN recommended that…
Inflows into crypto investment funds rise as Bitcoin carries 99% of the load
However, Ethereum saw outflows in the amount of $2 million and remains the asset with the most outflows year-to-date. 494 Total views 10 Total shares Bitcoin continues to shoulder the market, as digital asset inflows saw positive movement for the fourth consecutive week, with $137 million incoming. According to CoinShares, this brings the four-week total to…
Coinbase legal chief sends letter to SEC on RIA rulemaking
Coinbase’s chief legal officer requests revisions to the SEC’s RIA custody rule to safeguard all asset classes, including cryptocurrencies, criticizing the rule for unfairly targeting crypto. 1407 Total views 3 Total shares Coinbase’s legal chief has requested the United States Securities and Exchange Commission (SEC) make several revisions to its proposed regulation on the responsibilities…
Kazakhstan expects at least $1.5B in economic activity from crypto mining within 5 years
Kazakhstan currently ranks No. 2 in the world in terms of Bitcoin mining hash rate. 247 Total views 15 Total shares A report from the Data Center Industry & Blockchain Association of Kazakhstan, or NABDC, estimates that cryptocurrency mining could bring $1.5 billion in revenue for the country over the next five years. Currently, corporate…
Edward Snowden says gamers could be vulnerable to exploitation using NFTs
"I think the community should very much be trying to bend the arc of development away from injecting artificial, unnecessary scarcity entirely for the benefit of some investor class," said Edward Snowden. 1547 Total views 25 Total shares National Security Agency whistleblower Edward Snowden said he was concerned with how some privileged individuals or firms…
Bit.ly Reportedly Blocks ‘200’ Links From Andreas Antonopoulos’ ‘Mastering Ethereum’
Social media commentators are criticizing URL shortening service Bit.ly (Bitly) after a Twitter user warned Andreas Antonopoulos Nov. 3 that the service had blocked crypto-related links from his book.Antonopoulos, author of several well-known guides to Bitcoin, quizzed Bitly on Twitter over the block, which allegedly extends to over 200 links in ‘Mastering Ethereum,’ due for…
YouTube Cancels Cointelegraph’s BTC Halving Livestream for Being ‘Harmful Content’
What a twist! YouTube pulled the plug on our seven-hour livestream. YouTube’s censorship rabbit hole is deep, especially as it pertains to cryptocurrency topics.Cointelegraph had a full day of programming lined up for a livestream that covered Bitcoin’s third block halving on May 11. The agenda mostly went off without a hitch — fintech luminaries…