US Senate to Examine Energy Efficiency of Blockchain

U.S. authorities have indicted a man accused of stealing $450,000 worth of cryptocurrencies and non-fungible tokens (NFTs), the U.S. Attorney's Office said in a statement Monday.The indictment, issued by the United States Attorney for the Southern District of New York, alleges Soufiane Oulahyane, a Moroccan national, operated a look-alike website of popular NFT marketplace OpenSea…

Aug 14, 2020 at 18:13 UTCUpdated Aug 14, 2020 at 18:19 UTCA WeChat Ban Should Be the Moment for Decentralized Tech. But It’s Not.People from the world’s two largest economies could soon have a much harder time communicating with each other. Literally.  The U.S. may soon ban WeChat, the multi-purpose messaging app for more than…

Dec 14, 2020 at 4:24 p.m. UTCUkraine Oligarch’s Troubled US Steel Plant Has Been Quietly Mining Bitcoin: ReportA supposedly shuttered U.S. steel plant owned by Ukrainian billionaire Ihor Kolomoisky is said to have been mining bitcoin.Kolomoyskyy, one of the most influential people in Ukraine with net worth of $1.1 billion, is the former owner of…

Valentin Pletnev is far from the best-known name in cryptocurrencies, but a scheduling snafu that kept him away from Donald Trump's recent Mar-a-Lago NFT gala might've dramatically rerouted U.S. cryptocurrency policy.Only select holders of Trump's NFT collection were allowed into the exclusive May event. Pletnev purchased one of those tickets as soon as he learned

news The Financial Markets Authority (AMF), France’s top financial organization, plans to release an experimental regulatory framework for crypto firms later this month, according to a Reuters report. The rules will include capital requirements, tax mandates, and consumer protection protocols – which “crypto-related firms will voluntarily abide by” in exchange for regulatory approval, reports Reuters.…

Oct 16, 2020 at 13:04 UTCThe OKEx exchange had to suspend withdrawals because a founder who held a crucial private key was reportedly detained. (Creative Commons, modified by CoinDesk)First Mover: OKEx Private Key Snafu Sends Bitcoin Lower as China DeFi RisesBitcoin (BTC) fell 2% Friday, the most in three weeks, after the market was spooked…

news “We’re convinced that bitcoin is becoming more and more obvious.” That’s not typically what one might expect to hear from a veteran banker at a public institution. But Veronique Jacq of the partially state-owned French investment bank Bpifrance told CoinDesk bitcoin is becoming a staple of the global economy. That’s why Bpifrance just made…

CORRECTION (Feb. 7, 15:13 UTC): Corrects date of introduction to Feb. 26. An earlier version of the story said the start was scheduled for today.Social marketplace Friendzone will start operating on the Polygon PoS blockchain Feb. 26 and plans to expand to Polygon zkEVM, a different blockchain by Polygon developers, later."Friendzone is a new social

Nov 12, 2020 at 7:51 p.m. UTCUpdated Nov 12, 2020 at 8:04 p.m. UTC(Miltiadis Fragkidis/Unsplash)DeFi Project Akropolis Token Pool Drained of $2M in DAIDecentralized finance platform Akropolis’s yCurve pools have been drained, resulting in the loss of $2 million worth of DAI, according to the team’s Discord channel.The attacker pulled out tranches of $50,000 in…