Russia bans crypto mining for 6 years in 10 regions
Russia’s key crypto mining regions like Irkutsk will enforce seasonal mining restrictions instead of originally proposed complete bans.
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AI-generated content needs blockchain before trust in digital media collapses
Opinion by: Roman Cyganov, founder and CEO of Antix In the fall of 2023, Hollywood writers took a stand against AI’s encroachment on their craft. The fear: AI would churn out scripts and erode authentic storytelling. Fast forward a year later, and a public service ad featuring deepfake versions of celebrities like Taylor Swift and

Two OneCoin Promoters Found Dead in Mexico
Two promoters of $4 billion crypto exit scam OneCoin have been found dead in Mexico. 2312 Total views 27 Total shares Two promoters of a major cryptocurrency exit scam, OneCoin, have been found dead in Mazatlan, Sinaloa Mexico.Oscar Brito Ibarra and Ignacio Ibarra, two major OneCoin promoters, were apparently kidnapped and killed in Mexico, Cointelegraph…

UK crypto community reacts as FCA derivatives ban goes into effect
The ban placed by financial regulators in the United Kingdom on the sale of crypto derivatives to retail traders is now in force. 2220 Total views 9 Total shares On Wednesday, the decision by the United Kingdom's Financial Conduct Authority to ban crypto futures and exchange-traded notes finally went into effect.The FCA initially announced the…

Orchid’s OXT Price Slips Over 20% After Launch for Trading on Coinbase Pro
American blockchain and software development firm Orchid Labs has launched its privacy network alongside its native token OXT.According to a blog post on Dec. 16, Orchid’s digital currency OXT was immediately available for trading on major United States-based cryptocurrency exchange Coinbase Pro.According to an announcement, OXT will be available in Coinbase’s supported jurisdictions, with the…

BlockFi emerges from bankruptcy and opens wallet withdrawals
BlockFi announced that it is allowing both U.S. and international users to submit withdrawal requests. 137 Total views 1 Total shares Crypto lending platform BlockFi has emerged from bankruptcy and is ready to pay back some of its creditors, according to an October 24 blog post. Withdrawals “are currently available to nearly all Wallet customers,”

Beyond BitMEX: CFTC set a new record for lawsuits in crypto this year
Alongside other actions, the CFTC was pleased with its seven enforcement actions in the crypto market. 304 Total views 1 Total shares The Commodity Futures Trading Commission, or CFTC, is having a banner year in crypto enforcement.Per the commission's annual review released on Tuesday, fiscal year 2020 featured seven monetary relief actions against firms engaged…

Israel launches digital shekel CBDC experiment for payments
The Bank of Israel launched the CBDC experiment taking inspiration from the Project Rosalind carried out by the BIS Innovation Hub.

Is Crypto Summer Back in Switzerland?
Recent data suggests that the Swiss blockchain industry is making impressive gains. The latest report by the country’s main industry body, Crypto Valley Venture Capital (CV VC), for example, points to increased valuations and rising employment figures. On releasing the report, CV VC exclaimed that “the summer is back.” But is it really time to…