US Attorney behind Sam Bankman-Fried case will resign on Dec. 13

Venture capitalist and Bitcoin investor Tim Draper believes that blockchain technology is driving much-needed disruption in the art industry. 136 Total views 1 Total shares Famed Silicon Valley and crypto investor Tim Draper believes that distributed ledger technology is transforming the art industry.Speaking to Cointelegraph, Draper emphasized the benefits that many of the core utilities…

Hackers from North Korea have nearly doubled their thefts since 2019 by amassing $400 million in crypto via cyber attack in 2021. 169 Total views 24 Total shares North Korean crypto hackers siphoned off nearly $400 million in crypto through cyber attacks in 2021 according to new data from Chainalysis.The type of crypto stolen has…

With crypto regulation reportedly set to ramp up in Australia over the next 12 months, Kraken Australia’s Managing Director Jonathon Miller thinks that a strict crypto regime could stifle local competition. The Senate Committee on Australia as a Technology and Financial Center, led by crypto-friendly Senator Andrew Bragg tabled 12 extensive recommendations for regulation of…

Abkhazia, an autonomous region in northwest Georgia, is planning to intensify the works on the identification of cryptocurrency mining farms in the region.According to a news release published on the Cabinet of Ministers’ website on Dec. 12, Prime Minister of Abkhazia Valeri Bganba held a meeting dedicated to the current state of the region’s electricity…

There are always two components to each altcoin’s price. One is the coin’s own characteristics: Fundamentals, investor sentiment toward the asset, liquidity and trading volume, among many others. Another powerful factor — the one that often renders any altcoin-specific dynamics irrelevant — is Bitcoin’s performance.Like it or not, when the king of cryptocurrencies soars, there…

A fund of cryptocurrency investment bank Galaxy Digital led a $1.8 million seed funding round for Azure’s blockchain-based gaming rewards platform, VentureBeat reports on June 5.Smart Challenge, Azure’s gaming rewards platform, reportedly allows users to create and compete in challenges on the EOSIO blockchain protocol. By using blockchain technology, the challenges are said to be verifiably…

In new legislation, the Cayman Islands is looking to clarify rules on crypto exchanges, including registration and sandbox licensing. 906 Total views 32 Total shares On April 28, the legislative assembly of the Cayman Islands gazetted five new pieces of legislation governing crypto businesses — especially exchanges. How the new legislation would change the Cayman Islands’…

Some regulators feel that a lack of clear laws for the industry is helping crypto miners avoid paying taxes. 257 Total views 4 Total shares The Russian State Duma has created a working group that will tackle the complicated issue of forming regulations for the cryptocurrency mining industry.According to an official announcement on Nov. 11,…