Binance CEO explains 127K BTC transfer, points at proof-of-reserve audit
A few weeks ago, Binance CEO declared that exchanges moving large amounts of crypto to prove their wallet address is not good news. Go to Source Powered by WPeMatico
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Bitcoin is the king of crypto brand awareness for Aussies: Report
The IRCI report states that Australians still believe in Bitcoin and that the boomer demographic is growing in conviction. Go to Source Powered by WPeMatico
Line shuts down crypto exchange to focus on blockchain and LN token
The Japanese messaging giant will still continue to support its Line blockchain ecosystem and the Link token despite the ongoing industry challenges. Go to Source Powered by WPeMatico
FTX collapse put the Singapore government in a parliamentary hot seat
The opposition party MPs has questioned the credibility over its failure to protect retail investors from FTX collapse and had demanded data on the extent of losses incurred by the investors. Go to Source Powered by WPeMatico
New York Mayor Supportive of Mining Restrictions but Maintains Crypto Hub Objective
Mayor of New York City Eric Adams took a supportive, if somewhat veiled, stance on the partial crypto mining ban imposed in the state. A law signed by fellow Democrat and New York Governor Kathy Hochul temporarily limits the minting of digital currencies using fossil fuels. New York Mayor and Bitcoin Supporter Eric Adams to … Read more
Putin calls for blockchain-based international payment system
The Russian President criticized Western’s sanctions and urged for a system “independent of external interference”. Go to Source Powered by WPeMatico
Putin Calls for International Settlements Based on Blockchain and Digital Currencies
Russian President Vladimir Putin believes a new system for international money transfers is needed to reduce dependence on big banks and third parties. He is convinced that cross-border payments relying on digital currency and distributed ledger technology will be “much more convenient.” Russia’s Head of State Urges for Blockchain-Powered International Payments President of Russia Vladimir … Read more
Bitcoin and Ether Are Not Securities in Belgium, Financial Regulator Clarifies
Cryptocurrencies like bitcoin and ether cannot be classified as securities or investment instruments, according to a communication issued by the financial watchdog in Belgium. The authority has tried to clarify the matter, noting that the digital coins may be subject to other regulations. FSMA: Securities Laws Do Not Apply to Bitcoin and Other Decentralized Cryptocurrencies … Read more
10,000 Bitcoin Withdrawn From Wallet of Defunct Crypto Exchange Wex, Former BTC-e
A large amount of cryptocurrency kept in a wallet associated with crypto exchange Wex, successor of the infamous trading platform run by alleged money launderer Alexander Vinnik, has moved for the first time since 2017. The 10,000 bitcoins in question, worth over $165 million, have been transferred to new addresses in several transactions. Bitcoin Stored … Read more
Trouble in the Bahamas following FTX collapse: Report
The locals say they are having to contend with vacant apartments and the loss of job opportunities, once provided by the collapsed exchange. Go to Source Powered by WPeMatico