Rumble boss ‘departed’ from Europe after Telegram CEO arrest
Rumble founder and CEO Chris Pavlovski said he “departed from Europe” after French police arrested Telegram’s CEO and the country “threatened” the video-sharing site.
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Retail traders become ‘sitting ducks’ as sell-off triggers $1.4B liquidation
After flirting with a $2 trillion market cap for the last couple of days, the cryptocurrency market took a 7% hit on April 7, dropping the total crypto market cap to $1.8 trillion. As the unexpected sell-off took place, investors scrambled to find a reason to explain the move.Analysts typically identify the use of excessive…
Shadow of Steem: Crypto Exchanges Choose to Govern User Deposits Differently
Crypto exchanges have become the most powerful stakeholders in the crypto ecosystem. Currently, just 12 crypto exchanges hold around 2.5 million Bitcoin (BTC) in their wallets, worth around $15 billion. That’s 13.8% of all Bitcoin mined to date — or, 16%–17% of all Bitcoin in circulation, considering lost Bitcoin (as of March 19).Exchanges are also…
HitBTC Dismisses Allegations It Froze Accounts in Response to Proof of Keys Event
Cryptocurrency exchange HitBTC has rejected allegations by some of the industry’s best-known figures that it was deliberately freezing user accounts, the company told Cointelegraph in an email Jan. 3.Responding to a request for comment, Peter Swen, a representative from the exchange’s marketing team, denied any link between account freezes and Thursday’s ongoing Proof of Keys…
Elon Musk’s X ban dispute with Brazil takes toll on local crypto community
Brazil’s ban on X sparks a battle over free speech between Elon Musk and the legal authorities, leaving Brazilians and the local crypto community caught in the crossfire.
Inside the Iranian Bitcoin mining industry
ViraMiner is an Iranian company that sets up Bitcoin mining farms and maintains them. It has two offices in western Tehran, located in separate adjacent buildings.When Magazine visits, its old office is busy on a Monday afternoon. This place is now officially dedicated to its repairing services alone.Mining devices are stored upon each other in…
Regulators around the globe assert more control over crypto: Law Decoded
In the last week, several major financial regulators, both national and international, simultaneously produced new guidelines for decentralized assets. The European Banking Authority and the European Securities and Markets Authority proposed guidelines for assessing the suitability of management members in crypto firms, offering standardized criteria for evaluating their knowledge, expertise, integrity and ability to dedicate
United Kingdom banks hate crypto, and that’s bad news for everyone
In 2018, the United Kingdom’s Financial Conduct Authority (FCA) wrote to the heads of the country’s biggest high street banks to emphasize the importance of due diligence when dealing with crypto businesses. That seems to have led to widespread high-risk ratings and bans on crypto-related banking, impacting both crypto businesses hoping to operate in the…
Bitcoin price taps $30K for first time since April
Bitcoin (BTC) returned to $30,000 after the June 21 Wall Street open in a triumphant continuation of the week’s gains.BTC/USD 1-day chart. Source: TradingViewBitcoin price destroys traces of multi-week downturnData from Cointelegraph Markets Pro and TradingView confirmed a new multi-month high of $30,340 on Bitstamp.BTC price action continued to heat up throughout the day as…