Topic

Blockchain

A collection of 285 issues

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

Ukrainian crypto startup Clarnium is in the top 100 projects of Paris Blockchain Week

In March, Paris Blockchain Week event was held in Paris. About 700 startups were presented during the event. Clarnium gameFi-platform, developed in Ukraine, got in the TOP 100 of the most promising projects. The Clarnium team was also invited to present their brainchild at the Startup Night at Web3Go in

"Cryptocurrency is less stable than the marijuana market" - U.S. Senator

The U.S. Senate Finance Committee held another hearing in which Senator Michal Bennett criticized those banks that operate in this area. The politician also openly expressed his dislike for the entire digital asset industry. "Signature collapsed last weekend. One-fifth of its deposits came from cryptocurrency companies. They (banks)

U.S. transferred bitcoins confiscated from Silk Road hacker

The U.S. government transferred about 50,000 BTC (over $1 billion) seized from the Silk Road hacker to the Coinbase cryptocurrency exchange and unknown wallets. It was reported by PeckShield. Recall that Silk Road was one of the most successful "black" platforms at the beginning of bitcoin&