The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme. The New York Southern District Court granted a continuance in the lawsuit against David Pike over his alleged link to the OneCoin Ponzi scheme. Finance news outlet FinanceFeeds reported on Dec. […]
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GSR and Interhash partner to provide suite of risk management solutions for Bitcoin miners Liquidity service provider and digital asset market maker, GSR, announced a partnership with Interhash, the mining services company and strategic partner of mining rig manufacturer, Canaan, in an updated press release, Dec. 20. The partnership aims to provide risk management solutions […]
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Eight U.S. Congressmembers appealed to the IRS, urging the agency to provide additional clarity concerning crypto tax laws. Eight members of the United States (U.S.) Congress sent a letter to the Internal Revenue Service (IRS) urging the agency to provide additional clarity on cryptocurrency tax laws. A letter dated Dec. 20, signed by eight U.S. […]
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The Deutsche Bank Imagine 2030 report highlights centralized tokens as the driver for fiat’s demise. A recently unveiled Deutsche Bank “Imagine 2030” report boldly puts a date on the eventual fiat–crypto “social consensus flip,” citing the Asian continent and, in particular, China, to have already recognized the trend. If true, then what every cryptocurrency speculator […]
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Maker Foundation Sells $27.5 million MKR to Dragonfly Capital and Paradigm, expanding their influence in Asia while driving DeFi adoption. The Maker Foundation, the group behind the decentralized crypto platform MakerDAO, announced today that venture capital funds Dragonfly Capital Partners and Paradigm have acquired $27.5 million worth of MKR. This is approximately 5.5% of the […]
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Former employee of crypto exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. A former employee of United States-based cryptocurrency exchange Kraken initiated legal proceedings against the company in connection with breach of contract and sanctions violation, among other issues. Per a court document […]
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Tron founder Justin Sun has publicly pledged to donate $1 million to efforts by the young Swedish activist Great Thunberg to raise global awareness of the climate crisis. Tron (TRX) founder Justin Sun has publicly pledged to donate $1 million to efforts by the young Swedish activist Great Thunberg to raise global awareness of the […]
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Russian authorities are poised to introduce several prohibitive measures, yet feasibility and enforcement mechanisms raise questions. At the end of November, news surfaced that Russian cryptocurrency users, who have been operating in a regulatory gray zone, could soon be at risk as the nation’s financial authorities reportedly join forces to outlaw the use of digital assets […]
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Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. Two Russian citizens are being prosecuted for allegedly targeting computers at state organizations to illicitly mine cryptocurrency. The two unnamed individuals purportedly infected the hardware with a program that mines cryptocurrency via a web browser, local media agency […]
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Diginex and the UN-led International Organization for Migration jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers. Blockchain financial services firm Diginex and the United Nations-led International Organization for Migration (IOM) jointly launched a blockchain tool aiming to prevent the exploitation of migrant workers in Hong Kong. According to a Diginex […]
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