Musk could be charged after lawyer says $1M winners ‘not chosen by chance’

Black hat hacker group, Maze, claims to have used ransomware to compromise the systems of insurance giant, Chubb. They also claim to have stolen the firm’s data.Brett Callow, threat analyst at cybersecurity firm, Emsisoft, told Cointelegraph on March 27 that Maze published the claim on its website. While the website does not provide any direct…

It shouldn’t come as a surprise that regulators are starting to pay close attention to cryptocurrencies this year. For instance, as the price of Bitcoin (BTC) continues to soar, it’s predicted that regulators will start taking direct action – possibly even banning Bitcoin completely. While the ban may sound extreme, regulators have recently honed in on…

Bitcoin (BTC) abandoned the United States during the 2022 bear market, new research suggests.In a tweet on June 8, on-chain analytics firm Glassnode revealed some surprising conclusions about who is now using Bitcoin.BTC supply moves to AsiaThe past year has seen some seismic shifts in where Bitcoin is held and traded. In its latest analysis…

Launched in August 2020 as a fork of the Uniswap decentralized exchange, SushiSwap briefly surpassed its competitor. Now ranking third behind Uniswap’s v3 and v2, the DEX rolls out numerous integrations with major networks beyond its native Ethereum blockchain to offer users a single entry point and lower fees. The SushiSwap protocol is one of the…

Albania passes new comprehensive law written by the Minister of Finance and Economy to regulate crypto activities. 2706 Total views 70 Total shares Albania’s Parliament signed a bill into law on May 21 plenary session a legal framework for cryptocurrencies.The law, "On Financial Markets Based on the Technology of Distributed Ledgers," first appeared before the…

Starting from January 2023, only licensed cryptocurrency firms will be allowed to provide cryptocurrency trading services to Uzbek citizens. 831 Total views 6 Total shares As Uzbekistan prepares to adopt a new cryptocurrency framework in 2023, the Uzbek regulators have started issuing regulatory approvals to local crypto service providers.The National Agency for Perspective Projects (NAPP),…

After a period of relative calm, the United States Securities and Exchange Commission (SEC) kicked off its summer crypto crackdown by targeting two major exchanges, Binance and Coinbase.A total of 13 charges have been filed against Binance. One of the allegations in the suit claims that funds from Binance and Binance.US were commingled into an…

The license does not allow Gemini to operate as an exchange in the country, but it will let it passport e-money services throughout the EEA. 165 Total views 3 Total shares Cryptocurrency exchange Gemini has received an electronic money license from the Central Bank of Ireland. It was the 18th organization to receive the license,…

A framework for digital assets in Europe is moving ahead in the labyrinth of the European Union. 385 Total views 18 Total shares The European Union's planned framework for regulating cryptocurrencies is one step closer to becoming official. On Wednesday, the European Council, which guides the EU's political agenda, announced its position on the Markets…