US gov’t transfers $1.9B BTC seized from Silk Road to Coinbase Prime

Play-to-earn (P2E) crypto games are giving users the opportunity to earn in-game assets that can be exchanged for cryptocurrencies. P2E is a new component of the GameFi ecosystem. Normally, users are gaming online while using apps or websites like Minecraft and Roblox. But, the P2E trend takes it all a little bit further.  By using…

The Capital Markets (Amendment) Bill will now be introduced to the lower chamber of Parliament in Kenya. 89 Total views 2 Total shares A bill defining crypto assets as securities and featuring the capital gains tax on them made it through the Parliamentary Committee. It will be introduced to the lower chamber of Parliament as

Lawmakers in South Korea began discussing cryptocurrency once more Monday, August 20, in a meeting focusing on ending the country’s ICO ban, as well as other topics, Business Korea reports. Coming amid considerable attention on both cryptocurrency and blockchain propagation from Seoul, the National Assembly meeting saw participation from government ministries including the Ministry of…

The surprise lawsuit from the Commodity Futures Trading Commission (CFTC) against crypto exchange Binance sent shock waves across the markets today. In addition to allegations of market manipulation and a lack of compliance effort, the regulator has also accused the exchange of not cooperating with investigative subpoenas and obscuring the location of its executive offices. Binance…

The sale left the firm with ​​1,959 BTC at the end of the second quarter, a more than 75% drop when compared with its reported 8,058 BTC holdings as of May 31. 616 Total views 16 Total shares United States-based cryptocurrency mining firm Core Scientific sold more than 7,000 Bitcoin in June to pay for…

A new report highlights private-sector innovation and greater financial inclusion with CBDCs, but raises concerns around the descending hegemony of the U.S. Dollar. 80 Total views 28 Total shares The House of Lords Economic Affairs Committee — an investigative governing body representing the economic interests of the United Kingdom — has released an official report…

This article provides an overview of Ethereum’s rise, from conception through its initial coin offering (ICO) and beyond. Coinciding with the ICO came attempts to regulate and classify digital currency by multiple governmental and nongovernmental bodies — including the United States Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), the Uniform Law…

According to John Reed Stark, the U.S. Justice Department may intend to indict or already indicted Binance, suggesting a motion in civil court was aimed at keeping this secret. 91 Total views 3 Total shares The legal team representing the United States Securities and Exchange Commission (SEC) in its civil case against Binance is requesting…