‘I anti-endorse these projects’ — Buterin’s shitcoin war sees him sent another 250K
Earlier this week, the Ethereum co-founder sold $700,000 worth of “shitcoins.” Go to Source Powered by WPeMatico
Month: March 2023
Bitcoin price falls to a multi-month low, but data points to a possible short-term bounce
BTC and altcoin prices succumbed to this week’s negative newsflow, but sentiment analysis and on-chain data point to the possibility of a short-term bounce. Go to Source Powered by WPeMatico
Biden budget proposes 30% tax on crypto mining electricity usage
The tax would be phased-in at 10% per year over three years and covers electricity generated from both on and off-grid sources. Go to Source Powered by WPeMatico
Thailand’s $1B crypto sacrifice, Mt Gox final deadline, Tencent NFT app nixed: Asia Express
South Korea is throwing another $51 million at the metaverse, Mt. Gox saga is drawing to a close, Canaan BTC miner sales revenue plunges 60%. Go to Source Powered by WPeMatico
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the issuance of the tokenized version of the country’s currency. Hyperledger Besu, the open-source platform elected for the tests, will allow the project to run without any licensing costs and to deal with maintenance costs later, … Read more
Blockchain.com suspends its asset management subsidiary launched in April: Report
The timing of opening the subsidiary was unfortunate, a spokesperson noted to Bloomberg, although the company held up to the crypto winter for quite a while. Go to Source Powered by WPeMatico
Investors might have avoided FTX if the SEC had addressed Bitcoin ETFs, says BitGo CEO
According to Mike Belshe, the U.S. SEC’s reluctance to address a “basic” regulatory issue like the issuance of a BTC ETF could have paved the way for FTX’s alleged illicit activities. Go to Source Powered by WPeMatico
NY AG sues KuCoin for selling securities and commodities without registration
New York Attorney General Letitia James said the suit is the first time a regulator has claimed Ether is a security in court. Go to Source Powered by WPeMatico
New York Attorney General Files Lawsuit Against Kucoin and Declares Ethereum a Security
On March 9, 2023, New York attorney general Letitia James announced that her office had once again cracked down on crypto platforms by filing a lawsuit against the Seychelles-based crypto exchange Kucoin. Members of the Office of the Attorney General (OAG) were able to purchase crypto assets, despite the exchange not being registered in the … Read more
CBDCs threaten our future, so it’s time to take a stand
Central bank digital currencies will give governments around the globe unprecedented power to surveil (and control) your financial activity. Go to Source Powered by WPeMatico