US prosecutors push for 5–7 years prison for ex-FTX exec

The country's National Securities and Stock Market Commission will determine policies on digital assets, issue licenses to crypto firms and act as a financial watchdog 1175 Total views 31 Total shares Volodymyr Zelenskyy, the president of Ukraine currently based in Kyiv, has signed a law establishing a legal framework for the country to operate a…

South Korean art-focused blockchain project ArtBloc will conduct a fractionalized ownership sale of two paintings by popular British painter David Hockney.ArtBloc launch commemorationArtBloc plans to host a special event introducing the blockchain-enabled fractionalized ownership sale of two of David Hockney’s paintings in Seoul on Sept. 19, local outlet KoreaTechDesk reported on Aug. 29.“Hockney Night with…

Another crypto merger targets tax reporting. European experts in cryptocurrency tax reporting are joining forces to enter markets in the United States and Canada.Blockpit, an Austria-based crypto compliance expert, has completed a merger with its German competitor CryptoTax, the firm announced on Sept. 8.Both focused on providing crypto tax reporting tools, Blockpit and CryptoTax will…

Bitcoin (BTC) is still almost a year away from its next block reward halving, but Litecoin (LTC) miners are already bracing for impact.In less than two weeks, Litecoin’s block subsidy will drop from 12.5 LTC to 6.25 LTC per block.Whales stock up on LTC — but BTC value stays weakDespite its fair share of controversy,…

Bitcoin (BTC) is at risk of a “flippening” from Ethereum (ETH), mainstream media claims as some familiar “FUD” returns to the spotlight.As BTC/USD continues to flag below $40,000, an old argument has resurfaced — but major investors are fighting back. Bloomberg: ETH "will likely exceed Bitcoin"In an article on May 31, Bloomberg cited multiple sources…

Analysts from Bank of America Merrill Lynch have said that the crash in cryptocurrency and oil markets are indicators of a looming “flash crash” in markets, Reuters reported Nov. 16.The strategists reportedly suggested that rising volatility across various asset classes and deleveraging, such as that which happened in oil markets over the past weeks, are…

Wrapped Bitcoin (WBTC), an Ethereum (ETH)-based token backed by Bitcoin (BTC), has launched today, Jan. 31, according to a press release on the network’s website. The currency is a joint initiative by blockchain security firm BitGo, Kyber Network liquidity protocol and others.BitGo announced the development of the coin backed 1:1 with Bitcoin in October 2018.…

The German government is consulting companies and industry groups that could become stakeholders in the country’s blockchain development, Reuters reports on Feb. 18.The unnamed companies and groups have reportedly been invited to supply recommendations from this week onwards. Reuters also cites unspecified government sources saying that it is still unclear if those recommendations will translate…