TON Society issues open letter to France urging Pavel Durov’s release
French President Emmanuel Macron has been widely criticized by tech executives such as Elon Musk and Rumble CEO Chris Pavlovski.
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Steem Soft Forks to Freeze 17.6M Tokens Held by Former Witnesses
Tensions between Steem (STEEM) and the Hive (HIVE) community continue to escalate, with Steem executing a soft fork to freeze up to 20 accounts owned by the network’s former witnesses.The frozen accounts hold 17.6 million STEEM, worth approximately $3.2 million and equating to nearly 5% of Steem’s total supply.On April 4, the soft fork was…
SEC will not pursue enforcement action against Paxos
The stablecoin issuer received an SEC Wells notice in February 2023 warning of a potential lawsuit over Binance USD as an unregistered security.
Official Chinese Currency Renminbi to Become Cryptocurrency, Expert Says
Donald Tapscott, executive chairman of the Blockchain Research Institute, stated that the official Chinese currency, the renminbi (RMB), will become a cryptocurrency, in an interview with Bloomberg on April 17.In the interview, Tapscott revealed that he had recently been at a meeting with the vice-chairman of the Communist Party in China, who recalled that President…
Decentralized exchanges a magnet for crypto wash traders: Solidus Labs
Token deployers and liquidity providers wash-traded over $2 billion worth of crypto on Ethereum-based DEXs since 2020, a Solidus Labs report claims. 138 Total views 4 Total shares Over 20,000 crypto tokens have been manipulated via decentralized exchange (DEX) wash trading in the last three years, according to market surveillance firm Solidus Labs.In the second
Bitcoin futures ETF hits $1B AUM in a record-breaking two days
The ProShares Bitcoin ETF has beaten an 18-year-old record for the fastest fund to a billion-dollar AUM. 261 Total views 8 Total shares Since the ProShares Bitcoin Strategy ETF started trading this week, it has become the fastest fund ever to reach $1 billion in assets under management (AUM).The highly anticipated launch of the first…
Bitcoin Scam Artists Under Investigation for Impersonating Police
Canadian police warned about a Bitcoin scam scheme alleged to have stolen over $15,400 from two Strathcona County residents. 493 Total views 9 Total shares The Royal Canadian Mounted Police, or RCMP, is investigating two Bitcoin (BTC) scams in Strathcona County in Alberta, Canada. They allege that fraudsters impersonated the local authorities in order to…
EY releases new tool for analyzing Bitcoin transactions and on-chain data
EY has added a new solution to its Blockchain Analyzer product suite. 1004 Total views 22 Total shares Big four accounting firm EY has launched a new solution for investigating on-chain data including Bitcoin (BTC) transactions. The new Explorer and Visualizer solution launched as a part of the EY Blockchain Analyzer product suite. According to an…
Reversible blockchain transactions would improve cryptocurrency
A proposal out of Stanford University to make crypto transactions reversible is adding a wrinkle to discussions of crime and fraud prevention. Researchers suggested that mutability — the ability to reverse blockchain transactions — would help prevent crime.One of the advantages of cryptocurrency is that it is possible for the market — individuals, traders and…