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Binance Hired Compliance SVP From Rival Crypto Exchange Kraken

September 23, 2022 by

Cryptocurrency exchange Binance hired Steven Christie as its senior vice president (SVP) of compliance from rival Kraken in May, according to a Wall Street Journal (WSJ) report Friday.

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China accounts for 84% of all blockchain patent applications, but there’s a catch

September 23, 2022 by

China’s push for blockchain technology gained steam after 2019 when President Xi Jinping called for corporations from tech giants to become industry leaders in the nascent tech.

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European stock exchange to list Bitcoin carbon neutral ETP

September 23, 2022 by

The environmentally-focused financial product was introduced by a subsidiary of DeFi Technologies.

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Metaverse Infrastructure Firm Hadean Raises $30M From Fortnite Developer, Others

September 23, 2022 by

Hadean, a company aiming to build the infrastructure for metaverse environments, raised $30 million in a funding round that included online video game Fornite developer Epic Games among the investors.

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IRS to summon users who don’t report and pay tax on crypto transactions

September 23, 2022 by

The summons requires M.Y. Safra Bank to submit information about taxpayers who failed to report and pay their taxes on crypto.

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GitHub unbans Tornado Cash repositories following OFAC guidance

September 23, 2022 by

Ethereum developer Preston Van Loon encouraged GitHub to fully restore Tornado Cash’s repositories after partial unbanning.

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Nifty News: Zilliqa teases Web3 gaming console, Funko teams up with Warner Bros. and more…

September 23, 2022 by

Specifications on Zilliqa’s “user-friendly” console are yet to be revealed, but a prototype design resembling an Xbox console has been released.

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BTC mining firm Compute North files for bankruptcy

September 23, 2022 by

Compute North’s hosting partners Compass Mining have stated that the firm will continue to operate business as usual at this stage.

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Israeli crypto exchange receives capital markets license in country first

September 23, 2022 by

Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks.

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Washington State Joins Celsius Bankruptcy Case as Interested Party

September 23, 2022 by

The state’s move continues a trend of state-level regulators moving faster than the feds on regulating crypto.

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Ethereum Merge Vastly Increased Stakefish’s Profile, but 25% of Its Employees Are Gone Anyway

September 23, 2022 by

Layoffs at stakefish took effect on the same day as the Ethereum Merge – just as they were set to play a key role in securing the revamped blockchain.

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CTFC slammed for ‘blatant regulation by enforcement’ over Ooki DAO case

September 23, 2022 by

The CFTC’s actions have even been met with strong pushback from its own commissioner, while others have drawn comparisons to the SEC’s regulation by enforcement tactics.

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US IRS Can Issue Summons to Bank Serving Crypto Broker SFOX Customers in Search of Tax Evaders

September 23, 2022 by

The John Doe summons will require M.Y. Safra Bank to provide information about SFOX customers who used the bank and may owe taxes on crypto transactions.

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Rep. Warren Davidson: Stablecoin bill has ‘outside chance’ of finalizing this year

September 23, 2022 by

Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”

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Fork, yeah! Cardano Vasil upgrade goes live

September 23, 2022 by

Cardano’s newest hard fork is the blockchain’s most significant update since adding smart contract functionality last September.

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Many NFT projects lack adequate smart contract testing, says nameless founder

September 23, 2022 by

Last year, the Akutars NFT collection sold out 15,000 tokens, but a major big saw $33 million worth of Ether (ETH) generated from sales locked into an inaccessible smart contract.

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First Mover Asia: As the Fed Hikes Rates, Ether, USDC Lending Yield Pays Less Than T-Bills; Bitcoin Rises, Holds Over $19K

September 23, 2022 by

First Mover Asia: The average yield one can expect for lending USDC via DeFi protocols is 0.98%; the current one-year Treasury bond is paying 4.08%.

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Rushing ‘token mapping’ could hurt Aussie crypto space — Finder founder

September 23, 2022 by

Australian crypto entrepreneur Fred Schebesta said Australia already has a “fledgling” crypto industry but needs to “align with the other major markets.”

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Ethereum Miners’ $319M Crypto Hoard Hangs Over Market After Merge

September 22, 2022 by

Miners dumped over 16,000 ETH, worth more than $20 million, in the past week, on-chain data showed.

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The ETH Merge Did Little to Energize a Tepid NFT Market

September 22, 2022 by

Volume on one of the industry’s top marketplaces, OpenSea, has had little movement before and after the Merge, to the surprise of many.

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CFTC Penalizes Blockchain Protocol $250K, Files Action Against Successor DAO

September 22, 2022 by

The commission said bZeroX offered illegal, off-exchange trading of digital assets, and has also filed a civil action against the Ooki DAO.

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NFT Marketplace TravelX Launches With Tickets From Low-Cost Argentinian Airline Flybondi

September 22, 2022 by

The platform hopes to offer the inventory of 60 more airlines within the next 12 months.

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Push to Enhance CFTC’s Crypto Watchdog Role Gets a Boost in US Congress

September 22, 2022 by

Congress’ attempt to make the Commodity Futures Trading Commission (CFTC) the primary U.S. cryptocurrency regulator took a procedural step forward on Thursday, with a House lawmaker introducing a bill supporting a parallel effort in the Senate.

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Market Wrap: Bitcoin Holds Over $19K, Continues Wild Ride

September 22, 2022 by

Both bitcoin and ether saw wide swings in price over the past day. Market Wrap is CoinDesk’s daily newsletter diving into what happened in today’s crypto markets.

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Crypto Mining Data Center Provider Compute North Files for Bankruptcy Protection

September 22, 2022 by

The company earlier this year raised $385 million in fresh capital.

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Cardano’s Vasil Upgrade Marks an Important Milestone in the Blockchain’s Evolution

September 22, 2022 by

Chief scientist at IOG Aggelos Kiayias explains why Cardano has re-thought smart contracts and how it prioritizes security over speed.

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Crypto-Mixing Service Tornado Cash Code Is Back on GitHub

September 22, 2022 by

The move by GitHub comes as Ethereum developers have called for platforms that host the mixer service to not ban Tornado Cash code.

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XRP price breaks out of range with a 25% rally, but why?

September 22, 2022 by

XRP attracts buyers after the hope of a positive court ruling triggers a 25% rally above a key longer term resistance level.

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UK gov’t introduces bill aimed at empowering authorities’ to ‘seize, freeze and recover’ crypto

September 22, 2022 by

King Charles announced the bill in May to both houses of the U.K. Parliament, saying it was aimed at tackling illicit finance, reducing economic crime and helping businesses grow.

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Helium migrates its blockchain to Solana following T-Mobile partnership

September 22, 2022 by

The project’s developers cites Solana’s ability to improve efficiency as scalability as reasons for the move.

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