By Vya4Slav(
) Staked ether withdrawals are imminent This will be the most pressing issue that Ethereum developers will tackle. After September’s Merge, when Ethereum switched its consensus mechanism to proof-of-stake (PoS), the network began to use validators instead of miners to approve and… : 1 : 0
By Vya4Slav(
) Blockchain analysis firm Chainalysis said 2022 was “the biggest year ever” in terms of the number of crypto projects hit with attacks and drained of funds—and that was in October. It certainly felt like it. "After four hacks yesterday, October is now the biggest month… : 4 : 0
By Vya4Slav(
) Disgraced crypto mogul Sam Bankman-Fried today was released from custody by a New York judge under a $250 million bond agreement. That led to one big question across Crypto Twitter: Where did the money come from? Didn’t SBF lose billions of dollars? Is he tapping into FTX funds… : 2 : 0
By Vya4Slav(
) Law enforcement authorities in Italy and Albania busted a suspected cryptocurrency investment scam estimated to have netted 15 million euros ($16 million). Assets worth 3 million euros were seized during the action by a joint investigation team, Eurojust, the European Union… : 1 : 0
By Vya4Slav(
) Brazil President Jair Bolsonaro on Thursday approved a crypto regulation bill recently passed by that country’s Chamber of Deputies and the Senate. The new law establishes a crime of fraud involving virtual assets, with a penalty of between four and six years in jail plus a… : 2 : 0
By Vya4Slav(
) Solana-based decentralized exchange platform Raydium confirmed in a tweet on Friday that it had been the victim of an exploit. At press time, around $2 million worth of different cryptocurrencies was sitting in the account of an attacker that managed to maliciously withdraw… : 1 : 0
By Vya4Slav(
) On Thursday, former U.S. President Donald Trump released a 45,000-piece series of $99-apiece NFTs following long-awaited hints that a “major announcement” would be forthcoming. Many people had assumed the announcement would relate to Trump’s recently declared 2024 presidential… : 1 : 0
By Vya4Slav(
) Auditing firm Mazars Group has dropped cryptocurrency firms as clients, according to crypto exchange Binance. In a statement with Bloomberg, Binance said that “Mazars has indicated that they will temporarily pause their work with all of their crypto clients globally, which… : 2 : 0
By Vya4Slav(
) Tech giant Microsoft won't allow its customers to mine cryptocurrencies on its online services without prior written permission, according to a policy update that came into effect on Dec. 1. "Neither Customer, nor those that access an Online Service through Customer,… : 3 : 0
By Vya4Slav(
) PayPal will integrate its buy, sell and hold crypto services with MetaMask Wallet as the companies look to broaden users' options to transfer digital assets from their platforms, the companies said Wednesday. According to a press release, the partnership between… : 2 : 0
By Vya4Slav(
) Withdrawals from Binance, the world's largest crypto exchange, have surged as concerns over its proof-of-reserves report spook traders. The exchange has endured $902 million of net outflows (the difference between the value of assets arriving and leaving the exchange) in… : 3 : 0
By Vya4Slav(
) A judge in the Bahamas has denied disgraced FTX founder Sam Bankman-Fried's request for bail, calling the former billionaire a flight risk. The decision came hours after Bankman-Fried notified the Bahamanian courts that he intended to fight any extradition order to the U.S… : 3 : 0
By Vya4Slav(
) Robinhood Markets (HOOD) faces potential headline risk from imminent SEC market structure proposals, a cautious stock market outlook and potential fallout from the FTX collapse hitting crypto trading revenue, Citi (C) said in a research report Tuesday. The bank downgraded its… : 3 : 0
By Vya4Slav(
) After weeks of speculation, the U.S. Department of Justice has officially filed criminal charges against Sam Bankman-Fried, the former CEO and founder of FTX. Bankman-Fried was arrested on Monday in the Bahamas related to charges by U.S. officials. U.S. Attorney Damian Williams… : 3 : 0
By Vya4Slav(
) Coinbase (COIN) said that total worldwide law enforcement and agency requests increased 66% to 12,320, according to its latest transparency report, released Monday. The report, the exchange's fourth, covers the period from Oct. 1, 2021, through Sept. 30, 2022. Coinbase,… : 3 : 0
By Vya4Slav(
) Chinese police have arrested 63 people in a massive case that laundered 12 billion yuan ($1.7 billion) for both domestic and foreign criminal groups using cryptocurrency, according to a statement released over the weekend. The criminal group began its operations in May… : 3 : 0
By Vya4Slav(
) Cryptocurrency payments app MoonPay secured registration with the U.K.'s Financial Conduct Authority (FCA), signifying compliance with local money laundering rules. The company, which provides a programming interface that deals with procedures to identify customers… : 3 : 0
By Vya4Slav(
) In a Sunday appearance on NBC's "Meet the Press," Montana farmer and teacher turned U.S. Senator Jon Tester told host Chuck Todd that cryptocurrency has "not been able to pass the smell test for me." The Democratic senator, who serves on the Senate… : 1 : 0
By Vya4Slav(
) This week, David Solomon (DJ D-Sol if we’re using stage names), chairman and CEO of investment bank Goldman Sachs, proved he’s stuck in the past with a Wall Street Journal opinion piece he penned titled: “Blockchain Is Much More Than Crypto.” The article was published on the… : 4 : 0
By Vya4Slav(
) European Parliament Vice President Eva Kaili, a key figure in ongoing efforts to regulate crypto in Europe, has been suspended from her party in reaction to reports that she and others are allegedly tied to a wide-ranging corruption scandal involving illicit lobbying activity… : 6 : 0
By Vya4Slav(
) SushiSwap, the popular decentralized exchange, made a tough call this week as it navigates the ongoing bear market. On December 5, project lead Jared Grey proposed that all staking fees on the platform be redirected to the project’s treasury for a year. He added that a new… : 6 : 0
By Vya4Slav(
) Trading in shares of London-based Argo Blockchain (ARBK) was suspended in the U.K. and U.S. on Friday. The exact reason for the suspension was not disclosed, but it typically is due to the pending release of news. At the end of October, Argo said that a deal to raise $27… : 6 : 0
By Vya4Slav(
) Polygon Studios, a subsidiary of the India-based blockchain creator, is a “funnel” for consumer-facing brands that want to jump into Web3, according to the media production company’s CEO, Ryan Wyatt. Wyatt, previously head of gaming at YouTube, told CoinDesk TV’s “First… : 6 : 0
By Vya4Slav(
) The UK government today announced a package of more than 30 reforms to financial regulation, including the extension of tax breaks for investment managers to cover crypto assets. Dubbed the “Edinburgh Reforms,” the measures are designed to replace EU regulation covering areas… : 4 : 0
By Vya4Slav(
) Crypto.com released proof-of-reserves data from auditing firm Mazars Group that showed its clients' assets are fully backed one-to-one, according to a statement Friday. This comes after rival exchange Binance released a similar report from the same auditor seemingly… : 4 : 0
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