Crypto industry leveled in 2022 — BitMEX CEO
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UK crypto businesses to comply with FATF Travel Rule beginning in September
The U.K. passed legislation in 2022 to make it one of the few countries in compliance with the extension of the Travel Rule to crypto. Crypto asset businesses in the United Kingdom will be required to comply with Financial Action Task Force (FATF) Anti-Money Laundering and Counter-Terrorist Financing rules, known collectively as the Travel Rule,…

Goldman Sachs exec reportedly quits job after making Dogecoin fortune
After working at Goldman Sachs for 14 years, a banker reportedly left the firm due to netting massive gains from his Dogecoin holdings. 4917 Total views 25 Total shares A senior manager at banking giant Goldman Sachs in London has reportedly left the company after making a fortune on a meme-based cryptocurrency, Dogecoin (DOGE).Aziz McMahon,…

Lack of Diversity in Ethereum Smart Contracts Pose Risks to Whole Ecosystem, Report Says
A lack of diversity of Ethereum (ETH) smart contracts poses a threat to Ethereum blockchain ecosystem, according to research by a group of analysts from Northeastern University and the University of Maryland released on Oct. 31.The paper, entitled “Analyzing Ethereum’s Contract Topology,” claims that most Ethereum smart contracts are “direct- or near-copies of other contracts,”…

Thailand’s crypto market seeks clearer regulations as industry interest peaks
Thailand currently lays claim to one of the more regulated crypto trading markets in the world, with exchanges having to adhere to strict regulatory standards. For example, at the start of the year, Bitkub, the country’s largest cryptocurrency exchange, was shut down by regulators after the trading platform faced a series of lengthy service outages. Despite…

Crypto firm backed by real-world assets plans to go public this year
The publicly-audited company aims to launch a namesake cryptocurrency backed by its portfolio of real-estate assets and equity stakes.

Cash App Bitcoin revenue tops $2 billion in the first quarter
Block’s Q1 earnings report reveals a 25% year-on-year increase in Bitcoin revenue from the fintech firm’s flagship product Cash App. 97 Total views 1 Total shares Own this piece of history Collect this article as an NFTFintech firm Block, owned by Twitter founder Jack Dorsey, has reported a staggering $2.16 billion in Bitcoin (BTC) revenue…

Overstock’s Medici Ventures Invests in Blockchain Platform to Fight Wine Counterfeits
Overstock.com’s venture capital subsidiary Medici Ventures has invested in Israeli-based technology company VinX to develop a blockchain-powered wine futures platform, according to a press release published October 4. The exact amount of the investment was not disclosed.Per the announcement, VinX plans to develop a token-based digital wine futures platform based on the Bordeaux futures model,…

Bitcoin trader explains why BTC outperforming Ethereum is just ‘simple math’
Bitcoin (BTC) has been outperforming Ether (ETH) in the past several days as BTC surged above $50,000 for the first time in history. Meanwhile, one popular cryptocurrency trader explains that this is "simple math" given the growing institutional demand for BTC. BTC vs. ETH (orange) performance in February. Source: TradingviewWhile ETH is beating BTC in USD…