With regulators unlikely to change old-fashioned rules in favor of the emerging market, DeFi might be burdened under fraud and new portions of restrictions. Over the years, we have seen a lot of trends such as initial coin offerings, initial exchange offerings, security token offerings, decentralized autonomous organizations and many more, but none of these […]
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Ukraine beats Russia, China, and more in adoption metrics according to new research from Chainalysis. Recent data published by Chainalysis revealed a surprising first place for Ukraine in the Global Crypto Adoption Index 2020, followed by Russia and Venezuela. The Index looks at three on-chain metrics: the total value of on-chain crypto transactions weighted by […]
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China is not the only country that wants control of this highly coveted industry. Taras Kulyk, Senior Vice President of Blockchain Business Development at Core Scientific, says that the countries competing to become leaders in the Blockchain space vary greatly in what they can offer to crypto miners. During an interview with Cointelegraph, Kulyk stated […]
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Binance Security Team explains that security systems and techniques are constantly evolving to identify malicious activity while minimizing false positives. Researchers have uncovered evidence that over $1 million worth of Bitcoin (BTC) from addresses linked to Ryuk ransomware attacks was moved through a wallet on Binance. According to a report by Forbes on Aug. 23 […]
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Check out this week’s Bad Crypto podcast. It’s back to stability for Bitcoin this week as the currency continues to knock at the $12,000 ceiling. Where will it go next? One analyst sees a Battle Royale as whales try to push towards $14,000. Other investors are more optimistic. They see Berkshire Hathaway’s recent sale of […]
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As protests rage in Belarus and Alexei Navalny remains in a coma, we look at new developments in crypto across the former USSR. Every Friday, Law Decoded delivers analysis on the week’s critical stories in the realms of policy, regulation and law. Editor’s note The political machinations of Eastern Europe have dominated recent headlines. Protests […]
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The world’s largest exchange keeps deepening its cooperation with law enforcement. Binance, the world’s largest cryptocurrency exchange, is collaborating with law enforcement authorities in Ukraine to take down some large-scale money laundering schemes. Working with the exchange, Ukraine’s cyber police identified and arrested a group of criminals involved in a $42 million ransomware and money […]
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Despite the interest currently surrounding the digital yuan, some are not yet sure of the project’s overall scope and mainstream viability. With the coronavirus pandemic continuing to wreak economic havoc all over the world, China’s commitment to releasing its much-hyped digital yuan project — referred to as the Digital Currency Electronic Payment, or DCEP — […]
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Discussing cross-blockchain protocol that enables the use of ledgers in an interoperable bundle. The advantage of the cross-blockchain protocol for public registries is that it can unite any number of existing ledgers in one ecosystem and does not need to upgrade the protocols of such blockchains. In simple terms, the protocol works as an aggregator […]
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As the Turkish lira hits record lows despite foreign reserve selling, Steve Hanke says that only a “gold-backed currency board” can save the economy. A famous Bitcoin skeptic has called for a gold-backed currency to save Turkey as its national fiat currency collapses. In a tweet on Monday, John Hopkins professor Steve Hanke argued that […]
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