Taiwan establishes association to help crypto firms self regulate
The association was formed after the country’s Justice Ministry proposed AML amendments for crypto firms that could result in penalties, including up to two years in prison.
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OKX latest proof-of-reserves reveal $8.9B in assets
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Bitcoin price drops to lowest since May as Ethereum market trades at 18.4% loss
Bitcoin (BTC) saw further losses on June 12 as thin weekend trading volumes fueled an ongoing sell-off.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewAnalyst likens risk asset 'pump' to 1929Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting lows of $27,150 on its sixth straight day of downside.With hours to go until the weekly close,…

UK financial watchdog restricts Binance partner from issuing crypto ads
The Financial Conduct Authority's marketing requirements for crypto firms went into effect on Oct. 8, requiring some to partner with local companies for compliance. 58 Total views 1 Total shares The Financial Conduct Authority (FCA) of the United Kingdom has placed restrictions on peer-to-peer lending platform Rebuildingsociety, the firm with whom crypto exchange Binance partnered

Join Cointelegraph’s Bitcoin Halving Party, Less Than 3 Hours to Go
As Bitcoin’s halving draws ever closer, Cointelegraph is going live with some of the biggest names in crypto, to celebrate the event. Wherever you are in the world right now, as a Cointelegraph reader, you are almost certainly aware that Bitcoin’s third halving event is now less than 8 hours away.It is also highly possible…

Riot Blockchain stock plunges with Bitcoin as market correction deepens
RIOT stock was down by as much as 14.4% on Thursday. 2607 Total views 14 Total shares Shares of Riot Blockchain (RIOT) and other cryptocurrency miners sold off sharply on Thursday, as Bitcoin’s (BTC) gravitational pull on the market continued to broaden. RIOT declined by as much as 14.4% during Thursday’s session, extending its losing streak…

Premier League’s Wolverhampton Wanderers soccer club to launch fan token
Turkish blockchain platform Bitci steps into the English Premier League with a partnership with Wolverhampton Wanderers. 3153 Total views 5 Total shares The English Premier League’s Wolverhampton Wanderers Football Club will launch fan tokens under a new partnership with Turkish blockchain platform Bitci Technology.The Premier League is the most followed soccer league in the world,…

Bitcoin miners back hash rate derivative DeFi project on BSC
Standard Hashrate is launching TAU, an algorithmic asset protocol backed by Bitcoin's hash rate. 4738 Total views 12 Total shares A group of Bitcoin (BTC) mining companies have put their weight behind Standard Hashrate and its recently launched TAU Protocol, a synthetic asset platform using hash rate derivatives for its peg mechanism.Announced on Friday, the…

OpenAI and Microsoft sued over alleged unauthorized use of author’s work
Julian Sancton, an author and Hollywood reporter, accuses Microsoft of being aware of OpenAI’s indiscriminate internet crawling for copyrighted material. 202 Total views 3 Total shares OpenAI and Microsoft are facing a lawsuit alleging the improper use of nonfiction authors’ work to train AI models, including OpenAI’s ChatGPT service. Author and reporter Julian Sancton sued