US SEC seeks to expand the scope of custody rules in the crypto sector
The US SEC recently saw a five-member panel vote on a new proposal that is supposed to build upon the...
Month: February 2023
Abu Dhabi wants to back Web3 startups with a new $2 billion initiative
Abu Dhabi’s tech ecosystem, known as Hub71, recently proved its dedication to the crypto sector and pursuit of a decentralized...
Tether market cap nears $70B as SEC crypto crackdown hurts stablecoin rivals
Tether’s USDT has seen its market capitalization rebound to nearly $70 billion as the SEC ordered Paxos to stop issuing...
European Union discusses using zero-knowledge proofs for digital IDs
The proposition to use zero-knowledge proofs was approved by the EU Committee and may become part of the updated legislation....
Bitcoin single-day price surge linked to billions in USDC inflows
Bitcoin proponents called it the start of another bull run, while a few other analysts believe it’s a bear trap....
Why zero-knowledge KYC won’t work
Blockchain technology — including zero-knowledge proofs — doesn’t yet provide adequate solutions for identity verification. The emergence of blockchain technology...
Court to Try 2 Russians for Stealing 86 Bitcoins From Crypto Miner
Two residents of the Russian city of Tomsk will be tried for “large-scale robbery” involving the theft of cryptocurrency worth...
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding...
SEC-retly Failing: How the SEC Is Letting Crypto Down
When Gary Gensler (ex-Goldman Sachs investment banker) was announced as the new head of the Securities and Exchange Commission (SEC)...
Study: 55% of Americans Believe They Will Lose It All if a Recession Hits the United States
According to a recent study by Clever, a real estate data company, nearly three out of four Americans worry there...
“You’re All Idiots,” Says Billionaire Charlie Munger
Berkshire Hathaway vice chairman and a longtime business partner, Charlie Munger, noted on February 15 that China is still a...
Binance banking problems highlight a divide between crypto firms and banks
With exchanges losing banking partners, experts are beginnig to warn of a widening relationship between crypto firms and traditional banks....
Mango Markets exploiter seeks to keep disputed funds paid as ‘bug bounty’
Attorneys representing Avraham Eisenberg argued he had already settled his dispute with Mango DAO and shouldn't have to pay back...
Wyoming lawmakers pass bill to prevent forced disclosure of private keys
If Wyoming Governor Mark Gordon signs the bill, from July 1 individuals in Wyoming will be protected from being forced...
Kansas state lawmakers look to cap crypto political donations at $100
Crypto campaign contributions less than $100 would be acceptable under the bill, provided the receiver immediately converts the funds to...
