Crypto Biz: French prosecutors drop money-laundering bombshell on Binance

“We’ll be working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto,” said team lead Tess Rinearson. 349 Total views 50 Total shares Social media giant Twitter is expanding further into the crypto space by setting up a team to look into decentralized applications, cryptocurrencies and…

At the start of the year, Cambodia made headlines when the central bank announced it would be launching a national blockchain-based digital currency in the first quarter of 2020.Called “Bakong,” a month into the third quarter the currency hasn’t yet become fully operational. Speaking to reporters on July 27, the director-general of the National Bank of…

Pay-to-use blockchains are done.Not for us, of course — the nerdy crypto crowd. We’re perfectly happy to open wallets, engrave seed phrases on steel cards we bury in the ground, find exchanges we haven’t been blocked from yet, wrap some assets to leverage yield, and become OpSec professionals while we pray to the blockchain gods

As Bitcoin (BTC) blasted through the $14,000 level its market capitalization surpassed the monetary base of the Russian ruble. This measure includes both physical currency and bank reserves, both of which are usually held by a country’s central banks.Bitcoin market price inferred to match top global monetary bases. Source: Crypto VoicesThe above chart may seem…

Vee Finance says it suffered a $35-million attack just a few days after launching its mainnet on Avalanche last week. 2257 Total views 17 Total shares Decentralized finance (DeFi) platform Vee Finance reported $35 million in losses in an exploit, just a few days after launching its mainnet on the Avalanche network.After pausing services due…

Japan’s Financial Services Agency (FSA) has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee the space, Cointelegraph Japan reports Wednesday, Oct. 24.The FSA expects the self-regulatory body to set rules to protect customers' assets, elaborate on anti-money-laundering (AML) policy, and give working guidelines to crypto exchanges.An…

Technology is a powerful force that has significantly influenced the future. It has enriched our lives in innumerable ways, from boosting productivity and efficiency to bridging geographical distances. Artificial intelligence (AI), machine learning (ML), robotics and 5G networks are reshaping industries, opening up new applications, and altering our way of life. For instance, precision medicine…

The year-long calls for a $100,000 Bitcoin (BTC) price have fallen to the wayside since the asset struck a new all-time high at $69,000, but traders are not completely dismayed. At the moment, most analysts view the current price range as an optimal accumulation zone.For the past week, markets had been a bit rocky as…

Vitalik Buterin portrait from 2014 auctioned as NFTAn image of the Ethereum co-founder Vitalik Buterin taken back in 2014 is being auctioned off as a nonfungible token (NFT). The portrait was taken by Canadian photographer Andrew Miller and was taken before the popular developer became famous for the blockchain network.The NFT sale also celebrates the…