Topic

Blockchain

A collection of 168 issues

Binance leaves Netherlands after failed attempt to obtain license

Binance has announced that it will be forced to withdraw from the Dutch market after failing to obtain a license from the local regulator. After July 17, local clients will only be able to withdraw their funds from the platform and will not be able to make deposits or trade.

EToro suspended support for four tokens in the U.S. due to regulatory pressure

U.S. users of the eToro trading platform will no longer be able to open positions with DASH, MANA, ALGO and MATIC. The company attributed its decision to "regulatory developments." All four crypto-assets were mentioned in the SEC's lawsuit against Binance.

Binance CEO may be handed over to Richard Teng

According to Bloomberg, Binance is considering changing its CEO. Changpeng Zhao could be replaced by Richard Teng. Binance appointed him head of all regional markets outside the U.S. in late May. Teng had a total of nearly 20 years of government service. The publication writes that this may be

Only half of crypto companies have an external auditor

Thirty-one of the 60 largest crypto companies have undergone an external financial audit or reserve confirmation, according to a Bloomberg survey. The survey included representatives from different fields: cryptocurrency exchanges (Binance and Coinbase), miners, token issuers (Tether) and blockchain security analysts (Chainalysis). Interestingly, 60 companies were offered to participate, but

U.S. DOJ threatens cryptocurrency exchanges with "tough measures"

Eun-Yong Choi, head of the U.S. Justice Department's National Cryptocurrency Enforcement Team (NCET), has declared "war" on centralized exchanges. She is threatening "harsh measures" to those platforms that violate AML rules and fail to adhere to strict KYC requirements. Yong Choi claims that

Working and easy way to withdraw cryptocurrencies to the card through Trustee Plus

The first Trustee Plus CryptoBank offers withdrawal function to bank cards for UAH, EUR and KZT, which makes it a useful tool when withdrawal from exchanges is blocked. Now cryptos have a convenient bridge between crypto and fiat currency with a clear interface and from a reliable provider. In this

MicroStrategy did not sell bitcoins in Q1 2023

One of the largest BTC holders, MicroStrategy, published its quarterly report. The organisation did not sell a single bitcoin in the first three months of the year and recorded an increase in key financial indicators.

Block has unveiled a prototype nanochip for BTC mining

Block, owned by Jack Dorsey, has successfully completed the development of a prototype nanochip for bitcoin mining. After working on the prototypes Block will start experimenting with design variants and will conduct live tests of the devices among the first users.

Bitcoin kit wakes up after 12 years

The Bitcoin Whale woke up after 12 years of inactivity, and moved BTC totalling almost $11 million. On April 24, it sent 400 BTC in batches of 100 BTC to another address. The transaction fee was only $5.22.

US to give 7 years in prison for first time for 'shady crypto-banking'

A Manhattan district court prosecutor is recommending a seven-year prison sentence for former businessman Reginald Fowleret, who was involved in a shady crypto-banking scheme. The investigation revealed that his activities enabled illegal transactions worth more than $400 million. The companies in question were Global Trading Solutions and Crypto Capital. The