Category: Cryptocurrency
Warren’s letter urges OCC to collaborate with Fed and FDIC to develop an alternative cryptocurrency approach “that adequately protects consumers and the safety and soundness of the banking system.” 1210 Total views 34 Total shares The United States Senator Elizabeth Warren is continuing her anti-crypto campaign, this time proposing legislation that would effectively shut down […]
Tourism in El Salvador has soared in the first half of 2022. Up 82.8% just this year, there were 1.1 million visitors to El Salvador this year, according to government figures. That’s despite the price of Bitcoin (BTC) sinking almost 50% since Jan. 1. Data from the World Travel Organization reinforces the claims. The tiny […]
Infrawatch PH Convenor Terry Ridon said that the SEC’s response clarifies the government’s position on crypto platform operations. 675 Total views 24 Total shares The Philippine Securities and Exchanges Commission (SEC) cautioned the public not to invest in the crypto exchange Binance in their response to policy think tank Infrawatch PH’s attempts to woo the […]
The $190 million Nomad Bridge exploit is just the latest out of 13 separate bridge attacks in 2022 so far. 1129 Total views 46 Total shares Cross-chain bridge hacks have accounted for 69% of the total crypto stolen in 2022, amounting to $2 billion in losses, according to a new report. The report comes from […]
Crypto ATMs — or BTMs according to local terminology — are back in Japan after a lengthy four-year hiatus. Local crypto exchange firm Gaia Co., Ltd announced on Tuesday that it will soon roll out BTMs that support Bitcoin (BTC), Ether (ETH), Bitcoin Cash (BCH) and Litecoin (LTC). Despite Bitcoin ATMs having made their debut […]
According to a cybersecurity auditing firm, GameFi projects are putting “profits above security” and pose a great risk to the projects and their users. 491 Total views 16 Total shares “Unsatisfactory” cybersecurity measures among play-to-earn (P2E) crypto games pose a great risk to GameFi projects and their gamers alike, warns blockchain cybersecurity auditor Hacken. In […]
Bitcoin markets will behave more like that of Treasury bonds and gold during market recovery, said the analysts. 298 Total views 4 Total shares The latest crypto market research from Bloomberg Intelligence suggests that Bitcoin may start to behave more like United States (U.S.) Treasury bonds and gold, rather than stocks. In its August Crypto […]
The Winnipeg police service received money from the Criminal Property Forfeiture Fund to provide training through the Cryptocurrency Tracing Certified Examiner course. 104 Total views 20 Total shares Police in Winnipeg, the capital of the Canadian province of Manitoba, will be better prepared to deal with the use of cryptocurrency in cybercrime, thanks to $100,000 […]
The new bill will also compel cryptocurrency exchanges to hand over information that could assist police in criminal investigations. 126 Total views 25 Total shares Victorian Police in Australia will soon be granted new powers to seize cryptocurrency and digital assets from criminals, as well as compel platforms to hand over information about suspects. According […]
The altcoins that were stolen in the Nomad bridge hack suffered as much as 94% decline in price after the exploit. 1838 Total views 29 Total shares The Nomad token bridge hack on Aug. 3 was the fourth largest crypto hack in history, seeing nearly $200 million worth of crypto assets drained from the platform. […]