Mt. Gox transfers $172M Bitcoin to new wallets as BTC hovers near $107K

The basis of any exchange of value is trust. The more two parties trust each other, the more they will feel confident engaging in transactions. Not just engaging in a high volume of transactions, but higher value transactions, too.Bitcoin (BTC) and other cryptocurrencies are certainly accomplishing a lot when it comes to creating a decentralized…

The exchange reports its new Indian engineering hub will be second in size behind its hub in the United States. 165 Total views 9 Total shares Own this piece of history Collect this article as an NFTUnited States-based cryptocurrency exchange Gemini announced the establishment of a new engineering hub in India with plans to tap…

The United States regulator, Commodities and Futures Trading Commission, announced the CFTC’s first science contest, Project Streetlamp, earlier this week. Cointelegraph had a chance to speak with Melissa Netram, who is the Chief Innovation Officer and Director of the commission’s fintech office, LabCFTC.Netram took over the role from Daniel Gorfine in September. Cointelegraph was pleased…

The Republic of the Marshall Islands made history in the second week of February after it formally recognized decentralized autonomous organizations (DAOs) as legal entities. The Marshall Islands revised its Non-Profit Entities Act 2021, making it possible for any DAO to register and commence operations in the country. The amendments to the law mean DAOs can…

Following a motion in August, U.S. Bankruptcy Judge Martin Glenn has signed off on a request to appoint an examiner in the Celsius case. 295 Total views 13 Total shares A federal judge overseeing crypto lender Celsius’ bankruptcy case has given the green light for the motion to appoint an independent examiner to investigate aspects…

Reddit co-founder Alexis Ohanian recently announced his planned actions to fight racism. 489 Total views 19 Total shares Alexis Ohanian, a millionaire tech entreprenuer and co-founder of online social platform Reddit, recently publicized plans for his personal fight against racism. These include his desire to see a member of the black community replace him at…

The new market will feature Chaos Labs’ Edge Proofs Oracle support, but probably won’t be accessible in the United States.

While the bulletin was intended to provide clarity regarding the accounting treatment for digital assets, it has been criticized by both lawmakers and regulators. 1195 Total views 20 Total shares Own this piece of history Collect this article as an NFTTwo United States lawmakers have criticized crypto accounting guidelines outlined by the national securities regulator,…