Regulation

Pro-Crypto Politicians Must Thwart Biden Administration’s Plan To Crush Crypto: Coin Bureau

Pro-Crypto Politicians Must Thwart Biden Administration’s Plan To Crush Crypto: Coin Bureau

A closely followed crypto analyst and host of popular YouTube channel Coin Bureau says that the current political establishment in the US has set out to thwart the development of the digital asset space. The pseudonymous analyst who goes by the name Guy tells his 2.1 million YouTube subscribers that the White House’s new framework for digital …

Pro-Crypto Politicians Must Thwart Biden Administration’s Plan To Crush Crypto: Coin Bureau Read More »

Japan’s Crypto Regulator Warns Exchanges’ Self-Regulating Body, Criticizes Management

Japan’s Crypto Regulator Warns Exchanges’ Self-Regulating Body, Criticizes Management

The Financial Services Agency (FSA), Japan’s crypto market regulator, has issued a renewed warning to the Japan Virtual Currency Exchange Association (JVCEA), the country’s crypto exchanges self-regulatory body, about the October full-scale implementation of FATF travel rules for crypto. Local news outlet CoinPost reports that the FSA also criticized the management of the JVCEA. In particular, the …

Japan’s Crypto Regulator Warns Exchanges’ Self-Regulating Body, Criticizes Management Read More »

California Governor Vetoes Bill to Establish Licensing Framework for Crypto Companies

California Governor Vetoes Bill to Establish Licensing Framework for Crypto Companies

The Governor of California, Gavin Newsom, has vetoed a proposed bill that seeks to create license requirements for crypto companies in the state. The bill sponsored by Democrat Assemblyman Tim Grayson was passed by the state assembly and senate last month. The Digital Financial Assets Law will create a much-needed framework for the crypto space. In his letter to the California …

California Governor Vetoes Bill to Establish Licensing Framework for Crypto Companies Read More »

Cross-chain Bridging is Broken – But We Know How to Fix It

Cross-chain Bridging is Broken – But We Know How to Fix It

Kadan Stadelmann is the Chief Technology Officer (CTO) of Komodo (KMD), a decentralized, open-source blockchain and a major player in blockchain interoperability and atomic swap technology. __________ 2022 has illuminated problems in cross-chain bridge architecture As of August 2022, there’s been $2 billion total in crypto losses, with 69% of stolen crypto funds originating from hacking protocols …

Cross-chain Bridging is Broken – But We Know How to Fix It Read More »

Will these Solana [SOL] updates finally be enough to push the price

Will these Solana [SOL] updates finally be enough to push the price

At the time of writing, Solana’s (SOL) seven-day performance was pretty sluggish as it failed to register any promising gains. Though the prevailing crypto-market is a factor behind this performance, there might be other reasons as well. Nonetheless, there have been several positive developments in the Solana ecosystem that have the potential to change SOL’s fate. …

Will these Solana [SOL] updates finally be enough to push the price Read More »

CoinFlex creditors overwhelmingly back restructuring plan in early voting

CoinFlex creditors overwhelmingly back restructuring plan in early voting

QUICK TAKE CoinFlex’s creditors have overwhelmingly backed the crypto exchange’s restructuring plans in the early hours of voting on the proposals. The company plans to turn over 65% of its equity to creditors and vest 15% to employees. CoinFlex’s creditors have overwhelmingly backed the Seychelles-based crypto exchange’s restructuring plans in the early hours of voting on the …

CoinFlex creditors overwhelmingly back restructuring plan in early voting Read More »

Crypto License Bill Vetoed by California Governor Gavin Newsom in Win for Industry

Crypto License Bill Vetoed by California Governor Gavin Newsom in Win for Industry

The crypto industry has scored a win with California Governor Gavin Newsom vetoing a bill that would establish a licensing and regulatory framework for digital assets. Dubbed Assembly Bill 2269, the bill aimed to create a licensing regime for anyone hoping to facilitate crypto transactions, topping the existing regulatory hurdles that players in the crypto ecosystem …

Crypto License Bill Vetoed by California Governor Gavin Newsom in Win for Industry Read More »

Step Aside STEPN, There’s a New Move2Earn APP That Requires SWEAT

Step Aside STEPN, There’s a New Move2Earn APP That Requires SWEAT

The crypto space is fraught with several opportunities to reward individuals for participation. In less than two weeks after its launch, SWEAT is focused on becoming the new king in the move-to-earn niche, taking the crown from STEPN. The free move2earn blockchain platform started as a web2app in 2016, rewarding every user with one Sweatcoin for every 1000 …

Step Aside STEPN, There’s a New Move2Earn APP That Requires SWEAT Read More »

Nakamoto almost opted to name Bitcoin as Netcoin, domain data reveals

Nakamoto almost opted to name Bitcoin as Netcoin, domain data reveals

It has emerged that Satoshi Nakamoto, the anonymous founder of Bitcoin (BTC), might have had a different idea regarding assigning the name to the flagship cryptocurrency. In particular, historical domain registration data shows that Bitcoin.org, the website linked to the original Bitcoin, registered on August 18, 2008, could have been named Netcoin.org. Interestingly, Netcoin.org was registered …

Nakamoto almost opted to name Bitcoin as Netcoin, domain data reveals Read More »

Tether’s USDT stablecoin goes live on Polkadot

Tether’s USDT stablecoin goes live on Polkadot

QUICK TAKE Tether has launched its stablecoin natively on the Polkadot ecosystem. USDT is the largest U.S. dollar-based stablecoin by market capitalization. Tether Limited has launched its USD Tether (USDT) stablecoin on Polkadot, an interoperable network connecting several proof-of-stake blockchains. Tether announced on Friday that the stablecoin was now natively available on Polkadot. USDT is the largest U.S. dollar-based …

Tether’s USDT stablecoin goes live on Polkadot Read More »