Crypto mixing is ‘not a crime,’ says CryptoQuant CEO
The arrest of the founders of Samourai Wallet led to widespread concerns in the crypto community that the U.S. government was attempting to crack down on the industry Go to Source
Month: April 2024
Existing Blockchains Can’t Adopt Post-Quantum Cryptography Without Significant User Impact, Says Johann Polecsak
As the prospect of quantum computers breaking today’s cybersecurity standards edges ever closer, Johann Polecsak, co-founder of the QAN blockchain platform, argues that public blockchains such as Bitcoin, Ethereum, and Solana are still ill-equipped to adopt post-quantum cryptography without significant user impact. Post-Quantum Migration Risks Polecsak, an advocate for heightened awareness of imminent quantum attacks, … Read more
Chinese ‘Crypto Dad’ faces government investigation
Yao Qian, the first director of CBDC development at China’s central bank, is reportedly under investigation for suspected law violations. Go to Source
Runes are offering a significant lifeline for Bitcoin miners — TeraWulf CEO
The transaction fees are the “wild card” for Bitcoin miners, with the current increase representing a crucial revenue boost for BTC miners, according to TeraWulf’s CEO, Nazar Khan. Go to Source
Trader earns $23M flipping Solana memecoins: Here’s how
The trader received a $6.28 million payday trading BONK, $9.51 million trading WIF and $7.04 million from BODEN. Go to Source
AI takes center stage as Microsoft and Google earnings signal booming market
Microsoft and Google’s Q2 earnings reports highlight significant revenue and profit increases driven by their investments and advancements in AI technologies. Go to Source
US senators target cryptocurrency use in child abuse trade
Senators Elizabeth Warren and Bill Cassidy are asking federal agencies about their technical capacity to combat crypto payments in the sale of child abuse material. Go to Source
Kenya Establishes Working Group to Draft Rules Governing Crypto Entities
The Kenyan government recently established a multi-agency technical working group tasked with developing a framework for regulating and monitoring the cryptocurrency industry. The group, which includes financial regulators such as the Central Bank of Kenya, is set to draft rules for controlling and monitoring Virtual Asset Service Providers (VASPs). FATF Grey Listing Threat The Kenyan … Read more
Stripe Re-Enters Crypto Payments With USDC on Ethereum, Polygon, and Solana
Stripe, the fintech giant, has decided to re-enter the cryptocurrency payment space after a six-year hiatus, starting with USDC stablecoins on the Solana, Ethereum, and Polygon blockchains. This move, introduced by co-founder John Collison at the Connect developer conference, is aimed at improving customer flexibility by offering a more stable and better user experience with … Read more
Bitcoin bull market may return after $1.4T US liquidity spike — Prediction
Bitcoin and crypto may still have a friend in U.S. treasury secretary Janet Yellen if liquidity comes roaring back to the economy next week, says Arthur Hayes. Go to Source