Solo miner wins $200K Bitcoin lottery with just 0.012% of hashrate
A solo Bitcoin miner operating as part of the Solo CK pool solved a block with just 0.012% of the average hashrate.
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eToro, M2 win ADGM crypto licenses to operate in UAE financial center
While eToro received Financial Services Permission (FSP) approval for operating as a securities, derivatives and crypto assets broker, M2 became a fully regulated Multilateral Trading Facility (MTF) and custodian. 186 Total views 2 Total shares Crypto investment platforms eToro and M2 received various degrees of approval to offer their services in the United Arab Emirates from

CZ must stay, Do Kwon to be extradited: Law Decoded
Binance founder Changpeng “CZ” Zhao has been ordered to stay in the United States until his sentencing in February 2024, with a federal judge determining there’s too much of a flight risk if the former exchange CEO is allowed to return to the United Arab Emirates. Seattle district court Judge Richard Jones wrote in his

US: Bitcoin ATM Firm Coinme to Sell Bitcoin at Coinstar Coin Counting Machines
United States Bitcoin ATM (‘BTM’) operator Coinme has entered a partnership to sell Bitcoin (BTC) at coin counting kiosks owned by Coinstar, the company confirmed in a press release Jan. 17.Coinme, which was the first BTM operator to receive a license in the U.S. in 2014, will reportedly add thousands of locations via the move,…

No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios
The firms work with prominent crypto exchanges such as Binance, KuCoin, Crypto.com, Gate.io, OKX and FTX. 951 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTAs the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top…

Ethereum-Based Chat Platform Lays Off 25% of Staff Due to Crypto Market Decline
Ethereum (ETH)-based chat platform Status is laying off 25 percent of its staff due to the recent cryptocurrency market decline, according to a post published Dec. 11.Founded in 2017 in Switzerland, Status is an open source Ethereum-based mobile app that enables its users to chat, transact, and access decentralized applications (DApps).In the announcement, the startup's…

US: New Legislation Proposes to Exclude Crypto From Securities Laws
Two United States congressmen introduced a bill in the House of Representatives on Dec. 20 that would exclude digital assets from being defined as securities.The “Token Taxonomy Act of 2018” was introduced by Reps. Warren Davidson (R) and Darren Soto (D) and seeks to exclude digital currencies from being defined as securities by amending the…

Stablecoins, Explained
1. What are stablecoins? Stablecoins are a new type of cryptocurrency that have their value pegged to another asset. These coins can be pegged to fiat currencies such as the United States dollar, other cryptocurrencies, precious metals or a combination of the three. Fiat seems to be the most popular option in the marketplace right…

India G20 confirms ‘active discussions’ around global crypto framework
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework. 374 Total views 8 Total shares Under India's G20 presidency, active discussions around establishing a global framework for cryptocurrencies are underway, India’s minister of finance Nirmala Sitharaman