Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New Rules

Nearly 400 Crypto Firms Lose Their Estonian Licenses Under New RulesThe majority of crypto companies attracted by the once favorable Estonian regulations have either abandoned or lost their licenses. According to the latest numbers released by the Baltic nation’s anti-money laundering bureau, only 100 businesses are currently authorized to provide digital-asset services. Most Estonian Licenses for Provision of Crypto-Related Services Expire A total of 389 […]

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Ethereum Classic’s Hashrate and Price Trend Lower After Ethereum PoW to PoS Transition

Ethereum Classic’s Hashrate and Price Trends Lower After Ethereum PoW to PoS TransitionJust before the Ethereum network transitioned from a proof-of-work (PoW) blockchain to proof-of-stake (PoS), Ethereum Classic’s hashrate saw a significant increase. Three days after The Merge, Ethereum Classic had 214.37 terahash per second (TH/s) of hashrate. However, since then, the network’s hashrate has decreased significantly as 44.33% of it has been lost over the last […]

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Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes Assets

Turkey Investigates Former FTX CEO Sam Bankman-Fried for Fraud, Seizes AssetsThe Turkish government has launched an investigation on the former chief executive of failed cryptocurrency exchange FTX, Sam Bankman-Fried. According to local media, the authorities in Ankara have also seized assets belonging to the founder of the troubled coin trading platform. Turkey’s Financial Intelligence Unit Initiates Another FTX-Related Probe Financial regulators in Turkey have started […]

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Interpol Team Based in Singapore to Help Countries Combat Crypto Crime

Interpol Team Based in Singapore to Help Countries Combat Crypto CrimeA special team established by Interpol in Singapore will assist governments around the world in the fight against crimes involving virtual assets, the international police body announced ahead of its general assembly in India. Cryptocurrency and cybercrime will be the main focus of the forum. Interpol Sets Up Unit to Tackle Crypto-Related Crimes, Top Executive […]

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Ukraine’s Cyberpolice Force Starts Accepting Cryptocurrency Donations

Ukraine Cyberpolice Starts Accepting Cryptocurrency DonationsAs Ukraine is increasingly relying on crypto donations, its Cyberpolice force has also decided to seek help from the crypto community in the country and abroad. The unit now takes various cryptocurrencies to support law enforcement agencies and acquire essential supplies. Cyberpolice Ukraine’s Latest Government Body to Solicit Crypto Donations The Cyberpolice department of the […]

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‘Satoshi Way’ Course to Prepare Crypto Developers in Ukraine

‘Satoshi Way’ Course to Prepare Crypto Developers in UkraineUkraine’s crypto business sector has decided to address the deficit of developers in the field. Several companies, the industry’s association and an educational organization have teamed up to organize a professional course that will teach students how to create solutions utilizing crypto technologies. Also read: No Reason to ‘Bury’ Cryptocurrencies, Russian PM Medvedev Says Win-Win […]

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Reserve Bank of India Forms Unit on Cryptocurrencies, Blockchain, AI

Reserve Bank of India Forms Unit on Cryptocurrencies, Blockchain, AIThe central bank of India has reportedly formed a special unit tasked to track emerging technologies such as those related to cryptocurrencies. Its members will be expected to research, draft rules, and, in the future, supervise the development of digital assets, blockchain and artificial intelligence applications.  Also read: Report: North Korea to Hold a Crypto […]

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Mining Round-Up: AMD GPU Sales Decline, Hut 8 Claims to be Largest Miner in Canada

Mining Round-Up: AMD Reports Declining GPU Sales, Hut 8 Claims to be Largest Mining Company in CanadaIn recent mining news, AMD has reported declining sales of mining hardware during the second quarter of 2018, Hut 8 has claimed to now comprise the largest bitcoin mining company in Canada by operating power following the construction of its second facility, and Chinese authorities have shut down what they have described as “illegal” mining […]

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Bangladesh Authorities on “Hunt” for Bitcoin Traders

Bangladesh Authorities on "Hunt" for Bitcoin TradersBangladesh – one of the few countries presently attempting to enforce a ban on cryptocurrency trading and use – has announced that several major state institutions will begin ramping up efforts to crack down on bitcoin adoption among Bangladeshi citizens. Also Read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Bangladesh Central Bank Warns Financial […]

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Shapeshift Throws Its Support Behind the Bits Standard for Measuring Bitcoin

Shapeshift Throws Its Support Behind the Bits Standard for Measuring BitcoinBitcoin developer Jimmy Song is on a mission to redefine the default standard for measuring bitcoin. If Song has his way, BTC will be recorded in “bits” by default, with each bit corresponding to one thousandth of a bitcoin. His Bitcoin Improvement Proposal for bits was submitted in December and this week, the plan came […]

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