Weekend Wrap: Bitcoiners troll German govt, CoinStats blames Lazarus and more
Bitcoiners sent crude messages to the German government as they dusted it with small donations; CoinStats says North Korea’s Lazarus Group may be behind the recent $2.2 million exploit and more.
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Lummis-Gillibrand crypto bill comprehensive but still creates division
It was first reported before Christmas that Wyoming Senator Cynthia Lummis planned to introduce a comprehensive crypto regulation bill. The Republican Lummis was already known for her pro-crypto stance and announced right away that she was looking for a Democratic co-sponsor. New York Senator Kirsten Gillibrand, who had not previously been known to have a…

Bitcoin records 129% year-to-date gain seven months after halving
According to data from CryptQuant, there is currently less than 2.5 million Bitcoin available for purchase on digital asset exchanges.

US entities hold 65% more Bitcoin than offshore players — CryptoQuant
In the past 24 hours, $521 million has been liquidated from the crypto market.

Vietnam releases blockchain strategy, aims for regional leadership
Vietnam’s new blockchain strategy focuses on legal frameworks, infrastructure and international cooperation, as it aims to boost innovation and build a thriving ecosystem.

JPMorgan Chase Senior Executive Becomes CEO of Blockchain Precious Metals Firm
Blockchain-powered precious metals platform Tradewind has appointed an ex-JPMorgan Chase executive as its new CEO, the company confirmed in a press release on April 30.Michael Albanese, who previously worked as the bank’s Global Head of Agency Collateral Management and Global Head of Securities Clearance, will take over Tradewind’s operations immediately.Those currently include the management of…

Traders take a neutral position after Ethereum futures contracts see massive liquidations
Ether (ETH) price shed roughly 33% between Nov. 7 and Nov. 9 after an impressive $260 million in future contracts longs (buyers) were liquidated. Traders using leverage were surprised as the price swing caused the largest impact since Aug. 18 at derivatives exchanges.Ether/USD 4-hour price at Bitfinex. Source: TradingViewThe $1,070 price level traded on Nov.…

Blockchain Association sues IRS over digital asset reporting rules: Law Decoded
The IRS issued new regulations requiring DeFi platforms to report crypto transactions. In response, the Blockchain Association filed a lawsuit against the IRS, arguing that the rules are unconstitutional.

Tracing Fishy Risks With Blockchain Tech Amid the COVID-19 Pandemic
COVID-19 is the most devastating plague to ravage humankind this century. Every day, the number of patients infected with the coronavirus is rising globally and taking the highest human toll in the United States. The highly infectious virus was first contracted in November 2019 in Wuhan, the capital city of China’s Hubei province, through horseshoe…