Mt. Gox repayments will only cause Bitcoin sell pressure among ‘paper hands’ — Analyst

The volume of cryptocurrency flows on darknet markets — which are involved in illegal drug and arms trafficking, remittance and transfer of illicit funds — have doubled for the first time in four years, a new report says. Accordingly, Russia has been updating its bribery and Anti-Money Laundering laws regarding cryptocurrencies to aid its burgeoning…

In a 52–43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard as vice chair of the Federal Reserve System for four years. 107 Total views 2 Total shares After weeks of delays due,  in part, to partisan obstructionism, the United States Senate has confirmed the nomination of Lael Brainard, a member…

The United States Department of Commerce is looking to hire a computer scientist specializing in blockchain and identity management.According to a job listing from Aug. 9, the federal agency is seeking someone with at least one year of specialized experience in developing blockchain infrastructure and conducting research into blockchain technologies, crypto ledgers and crypto contracts. Focus…

The Turkish government has announced plans to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration.The Ministry of Industry and Technology set out its vision during its Strategy 2023 presentation on Sept. 18 in Ankara.Strategy 2023 emphasizes blockchain and DLT as priorities for the coming year. The document refers to a Startup…

Many analysts predict that a parabolic ETH rally may be imminent, pointing to Ethereum’s surging DeFi ecosystem and network fundamentals. 2626 Total views 17 Total shares With Ethereum inching its way into new all-time highs over the past 24 hours, a number of onlookers believe Ether could quickly surge through the $1,400 price range.Ethereum’s robust…

South Korean officials are considering a revision of existing regulatory frameworks regarding digital currencies, local media outlet ZDNet Korea reported on April 4.Speaking at the Deconomy conference in Seoul, top government officials reportedly stated that the country has to re-evaluate cryptocurrency policies in order to facilitate the growth and maturity of the cryptocurrency market. One…

3AC co-founder Su Zhu arrested in Singapore, sending a wave of the disgraced blockchain executives' entrepreneurial ventures in disarray. Meanwhile, creditors continue to pursue the duo on asset recovery. by Zhiyuan Sun 4 min October 6, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments.

Bitcoin’s price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue.