Synthetix activist investor ‘overhaul’ gathers 99% approval from SNX holders

According to Jeremy Koven, Canadian crypto firms may have a better regulatory environment than ones in the United States, benefitting users in a number of ways. 64 Total views 1 Total shares Jeremy Koven, the president of Canada-based crypto exchange CoinSmart and SmartPay president at WonderFi, pointed to areas of concern for crypto firms in…

A United States federal court has sentenced a U.S. citizen to 13 years in jail for laundering money for ISIS using Bitcoin and other cryptocurrencies.Per a Department of Justice announcement on March 13, Zoobia Shahnaz of Long Island received a 13-year sentence for working to fund the Islamic State of Iraq and al-Sham through cryptocurrency…

The Ontario Securities Commission (OSC) has initiated a probe into Canada’s major cryptocurrency exchange QuadrigaCX, Reuters reported on Feb. 8.The Ontario Securities Commission reportedly told Reuters that “given the potential harm to Ontario investors, we are looking into this matter and have already been in contact with the monitor.” OSC spokeswoman Kristen Rose reportedly declined…

Binance Australia General Manager Ben Rose says he’s “really confident” that Australian regulators will eventually make the right choices when it comes to laws that govern digital assets in the country. “There are lots of very smart people in the government working really hard on [crypto] policy, so I'm really confident that we’ll get there in

What happens at the end of the day will determine the extent of Bitcoin's breakout and what might lie ahead, analysts say. 1093 Total views 446 Total shares Bitcoin (BTC) climbed to new multi-month highs later on Aug. 20 as an extended rebound took hold of crypto markets.BTC/USD 1-day candle chart (Bitstamp). Source: TradingViewDaily close…

Bancor’s approach to dealing withimpermanent loss on decentralized exchanges might have significant implications for idle altcoin capital. 468 Total views 2 Total shares Bancor has released a status report for its v2.1 decentralized exchange upgrade covering the performance of its decentralized exchange over the last three months.According to the document, the total liquidity increased by…

It appears to be an ongoing prank to challenge the novel Tornado Cash sanctions. 456 Total views 3 Total shares On Tuesday, one day after the U.S. Treasury sanctioned cryptocurrency mixer Tornado Cash for its alleged role in cryptocurrency money laundering operations, intervals of 0.1 Ether (ETH) transactions began materializing from the smart contract to prominent figures such…

Bitmain CFO and supposed legal representative Luyao Liu was arrested after allegedly partaking in a mob attack on the company’s ousted co-founder Micree Zhan in Beijing, local reports suggest.Liu was “taken away by the police” after Zhan was robbed of a business license for Bitmain Beijing, the mining giant’s main subsidiary, Chinese cryptocurrency news outlet…

We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action. KB Kookmin Bank, one of the largest banks in South Korea, has partnered with blockchain venture fund, Hashed, and crypto trading platform, Cumberland Korea, to establish “strategic technology cooperation” on the custody of…