Hacks and scams stole $3B from crypto activities in 2024 — PeckShield

Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September. 57 Total views 2 Total shares Coinbase president and COO, Emilie Choi, has announced that the reserves backing the stablecoin USD Coin (USDC) will be consolidated into cash and U.S. government treasuries.An Aug. 22 blog post from CENTRE Consortium,…

The cryptocurrency market has successfully rebounded from the two-month slump it had gone into from late May to the end of July. Bitcoin (BTC) and Ethereum (ETH) have been leading the charge, posting impressive gains over the last two weeks. The market is seeing price levels that it had reached back in May of this…

According to SIMBA Chain, the investment will go toward developing blockchain applications that will be used by several government organizations. Own this piece of history Collect this article as an NFTBlockchain solutions provider SIMBA Chain has been selected for a $30 million Strategic Technology Focus Initiative (STRATFI) by the United States Air Force (USAF). The…

The “Travel Rule” aims to bring reporting standards for virtual asset service providers in line with other traditional financial institutions. 506 Total views 24 Total shares Tether Operations Limited, the firm operating Tether (USDT), announced on Tuesday that it will use Notabene, an end-to-end solution for cryptocurrency Travel Rule compliance.Tether will begin testing Notabene’s cross-border transaction…

There is an old Arabic proverb: “The dogs bark, but the caravan moves on.” It could summarize the journey to date of Tether (USDT), the world’s largest stablecoin. Tether has been embroiled in legal and financial wrangling through much of its short history. There have been lawsuits over alleged market manipulation, charges by the New York…

The central Chinese province of Hunan has approved the establishment of the Wanbao blockchain zone in the city of Loudi. It is the first provincial blockchain zone in Hunan province, according to a local news report from March 4.Hunan punches above its weight among Chinese provinces housing blockchain workAccording to China’s 2019 blockchain zone development…

The United States Internal Revenue Service has released proposed regulations on the sale and exchange of digital assets by brokers. 75 Total views 4 Total shares The United States Internal Revenue Service (IRS), which is responsible for tax collection in the United States, has released proposed regulations on the sale and exchange of digital assets…

In the early morning trading hours Bitcoin (BTC) price abruptly dropped by 17.65% which triggered a major downturn throughout the entire market.Data from Cointelegraph Markets and TradingView shows that Bitcoin decreased from a high of $58,274 on Feb. 21 to a low of $47,622 during the early hours on Monday before buyers returned to lift…