Craig Wright, a prominent figure in the Bitcoin community, has been accused of making “just bogus” claims by a group of Bitcoin developers. According to the developers, these claims are either an attempt to gain popularity or an effort to avoid accountability for the collapse of the Mt. Gox exchange. The incident in question revolves […]
The cryptocurrency mining space is an increasingly competitive space, with miners having to optimize for lower profits. However, with the market cooling down, miners are now looking to other sources of income to supplement their profits. According to JP Morgan, miners are now starting to offer hosting services for wallets and exchanges, as well as […]
In a move that is likely to shake up proceedings in the ongoing legal battle between Ripple and the U.S. Securities and Exchange Commission (SEC), a U.S. judge has approved an investment banker as the new declarant in the case. Ripple, which operates the digital currency XRP, has been facing off against the SEC in […]
According to new documents filed by the FBI, the agency seized nearly $2 million worth of digital assets in three months during the summer of 2020. The assets were seized either from criminals or from those believed to be committed financial or cyber crime. The documents reveal an increase in FBI activity in digital asset […]
New Zealand-based crypto exchange Dasset has begun the process of voluntary liquidation. The company notified its customers of the news in a post on its website on May 26th, announcing that they had appointed a liquidator to handle their voluntary winding up. Dasset noted that the decision was “due to the ongoing challenges of effectively […]
A former official at the U.S. Securities and Exchange Commission (SEC) has said that the long-sought after approval of a Bitcoin exchange-traded fund (ETF) does not appear likely soon, and may not occur until after the 2024 presidential election, according to a report from Decrypt. The official, who wished to remain anonymous, was reportedly heavily […]
The French government recently amended the country’s blockchain and cryptocurrency regulatory framework in line with the provisions of the recently released Markets in Crypto-assets (MiCA) licensing regime. This regulatory change is meant to facilitate the streamlined and secure trading of digital tokens as well as make operations and activities involving cryptocurrencies more transparent and safer. […]
Vitalik Buterin, the co-founder of Ethereum, recently shared his insights on Sam Bankman-Fried, the founder of a crypto derivatives exchange called FTX. Buterin remarked that Bankman-Fried has built an impressive project, and that the first thing that stands out about him is his extremely high level of passion, dedication, and ambition. In his opinion, this […]