US mulls applying fiat reporting mandate on crypto transfers

Blockchain intelligence firm Chainalysis has published its latest analysis of the use of cryptocurrencies to purchase child sexual abuse material on the darknet. 1728 Total views 45 Total shares New York-based blockchain intelligence firm Chainalysis has published its latest analysis of the use of cryptocurrencies to purchase child sexual abuse material (CSAM) on the darknet.In…

Cryptocurrency investors all over the globe have been facing a challenging time for over a month thanks, in large part, to the unprecedented price drops that have happened across the board in relation to most prominent digital currencies available in the market.Since the start of June, the total market capitalization of this relatively nascent space…

Layer-two (L2) solutions for the Ethereum network have become a popular topic of discussion and speculation on their associated tokens backed the massive rally seen in many of the protocols this year. The parabolic growth of the decentralized finance (DeFi) and nonfungible token (NFT) sectors also led to a surge in the cost of carrying…

Bitmain issued statements saying that Micree Zhan has been ousted and threatened him and employees supporting him with legal action for not complying. 984 Total views 36 Total shares Mining equipment producer Bitmain has issued two concurrent statements regarding its disgraced co-founder Micree Zhan, confirming his ousting in October.The statements were posted on Bitmain’s Weibo…

Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year.

New York City Mayor Adams was nonchalant about receiving his first Bitcoin paycheck during a 50% drawdown from all-time highs. 1040 Total views 26 Total shares Bitcoin (BTC) is a New York state of mind thing for Eric Adams, the crypto advocate serving as the 110th Mayor of New York City. He received his first…

Power-intensive crypto mining is controversial in Paraguay, where an attempt at crypto regulation was vetoed because of it.