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Introduction Bitcoin became widely known in Arkansas after state representative Micah Neal plead guilty to taking kickbacks in exchange for…
During the DigitalArt4Climate press conference, Cointelegraph editor-in-chief Kristina Cornèr took over the stage to understand the various blockchain initiatives that actively fight climate change. The United Nations Framework Convention on Climate Change (UNFCCC) along with climate change entrepreneurs and Cointelegraph delved into discussing the role of emerging technologies such as blockchain in solving global issues…
New York could ban Bitcoin mining, Japan regulates stablecoins and could Bitcoin become legal tender in 3 years? These stories and more this week in crypto. New York Passes Bill on Bitcoin Mining Lawmakers in New York have passed a bill to ban certain bitcoin mining operations that run on carbon-based power sources. The bill…
“Don’t have a lot of words right now. Blown away by how the community has rallied around PoolTogether Inc and myself,” said PoolTogether co-founder Leighton Cusack. No-loss lottery decentralized finance (DeFi) platform PoolTogether has reached 100% of its legal defense funding goal via the sale of NFTs.It has taken the project just ten days to…
“One of the reasons it is so successful is because it’s simple,” he added while comparing the Unified Payments Interface’s (UPI) growth with blockchain technology. In discussion with the International Monetary Fund (IMF), T Rabi Sankar, the deputy governor of the Reserve Bank of India (RBI), reflected an anti-crypto stance as he spoke about India’s…
Regulations are coming, and DEXs need to step it up to survive, requiring KYC to weather the upcoming regulatory storm. Regulators from Europe, the United States and elsewhere are busily hammering out details on how to designate decentralized exchanges (DEXs) as “brokers,” transaction agents or similar entities that affect a transfer and cooperate with each…
More and more countries push for crypto regulation, FTX launches stock trading and Ethereum is getting closer to the proof of stake model. These stories and more this week in crypto. G7 Countries Call for Crypto Regulation G7 countries have called for the swift and comprehensive regulation of cryptocurrency in light of the Terra stablecoin…
To actually solve the problem of receiving funds without having secured liquidity from someone else’s node requires protocol-level changes.This is an opinion editorial by Shinobi, a self-taught educator in the Bitcoin space and tech-oriented Bitcoin podcast host. Ignoring the problems of the Lightning Network and protocol stack seems to be a very popular thing to…
A mysterious Redditor may turn out to be clairvoyant with predictions that layer-2 scaling solutions on Ethereum will take center stage in the coming months. A mysterious Redditor has made a data-driven prediction that the next major phase of development in the blockchain space will be in layer-2 solutions, primarily on Ethereum.The May 22 post…
Despite the imminent possibility of serving jail time, proactively owning up to the allegations resulted in Hayes being sentenced to six months of house arrest and two years of probation. Bringing closure to the long-awaited judgment related to the money laundering activities over the BitMEX crypto exchange, one of the four federal district courthouses in…
The DoC’s series of 17 questions is set to be published on May 19 and asks for comments from the public that will inform the department’s creation of a regulatory framework for crypto businesses. The US Department of Commerce is calling for submissions on how it can establish a framework that will bolster American economic…
Crypto “will seriously undermine the RBI’s capacity to determine monetary policy and regulate the monetary system of the country,” according to Reserve Bank of India officials. Officials from the Reserve Bank of India (RBI) have reportedly sounded the alarm bells again over crypto adoption, which they claim will ultimately lead to the “dollarization” of the…
The NFT craze is fading, North Korea seems to be behind the Axie Infinity hack and can you guess which countries are the world’s most crypto-friendly? These stories and more this week in crypto. Crypto Sentiment Index Reached Extreme Fear The famous Crypto Fear and Greed Index, a popular indicator of investor sentiment, has slipped…
Being employed by Wall Street colors how some people view Bitcoin. This letter is an attempt to lead one such person to the Bitcoin rabbit hole.Dear Wall Street friend, I write this letter because I like you. I know we have our differences, especially in terms of how we view the financial institutions that dominated the…
The supply chain tracking project has a comfortable cushion in its Foundation treasury, but expenditures were very low through the first quarter of 2022. The VeChain Foundation has released its financial report for Q1 2022 showing that the project amassed an impressive $1.2 billion war chest but only spent about $4.1 million in the quarter.VeChain…
“Capuci operated a fraudulent investment scheme and did not use investors’ funds to mine new cryptocurrency, as promised, but instead diverted the funds to cryptocurrency wallets under his control,” the DOJ stated. The CEO and co-founder of crypto mining and investment platform Mining Capital Coin (MCC) Luiz Capuci Jr. has been indicted by the Department…