Topic

Blockchain

A collection of 89 issues

Binance, FTX, and The Great Crypto Shuffle: An Insight for Americans

In recent years, the cryptocurrency industry has grown exponentially, with major exchanges such as Binance and FTX leading the charge. The vast dynamics of these exchanges have implications not just for global traders, but specifically for Americans, as the industry's changes impact investments, regulatory landscapes, and overall market sentiment. From

Stake Crypto Gambling Site Suffers Suspicious $16M Withdrawals

September 5, 2023 In what could be a significant security breach, Stake, a leading crypto gambling website, experienced unprecedented withdrawals of $16 million on September 4. Cyvers Alerts, a renowned security platform, highlighted these transactions as "suspicious." The Etherscan blockchain explorer has named the recipient account as the “Stake.com

DEA

The US Drug Enforcement Agency (DEA) accidentally sent $55,000 in cryptocurrency to a fraudster. Earlier in a three-year investigation, the regulator had seized about $500,000 in USDT from two Binance accounts and stored it on a Trezor cold wallet. The fraudster monitored the activity of the agency's accounts,

Startup

US startup mines bitcoins on rubbish Nodal Power, a startup that mines bitcoin from rubbish, has announced that it has raised $13m. The firm aims to reduce the amount of methane in landfills by converting the gas into electricity. Most of it is channelled into the grid and the excess

Biden accidentally promoted bitcoin

US President Joe Biden accidentally promoted bitcoin in one of his campaign videos. The cup Biden was drinking from had "laser eyes" on it, a hallmark of bitcoin supporters. Community members even suspected him of being a hidden crypto-maximalist.

Developer claims Central Bank's ability to freeze funds in Brazilian digital realm

Pedro Magalhaes, founder of Web3 consultancy Iora Labs, has revealed that Brazil's central bank's (CBDC) digital currency allows the regulator to freeze funds. The country's CBDC also has the ability to reduce balances on wallets, confiscate and mine digital currency.

Arkham (ARKM) is the 32nd tokensale on Binance Launchpad

Arkham tokensale will be in subscription format and recording of BNB users' balances will start on 2023-07-11 from 03:00 (Kiev). Price: 1 ARKM = $0.05Number of tokens for sale on Binance Launchpad: 50,000,000 ARKM (5% of the total number of tokens)Maximum fees on Launchpad: $2,500,

Singapore prepares to ban cryptocurrencies and loans to individuals

The Monetary Authority of Singapore (MAS) has required crypto exchanges to extend the placement of client funds in trusts until the end of the year. They have continued a special protection programme that has been in place since the FTX debacle. The authorities also want to consider banning retail lending

US authorities announce liquidation of new cryptocurrency pyramid scheme

The Commission has sued William Koo Ichioka in the Northern District of California. The regulator accuses the American for embezzling $21 million of investors' money. The defendant, according to the CFTC, introduced himself as a cryptocurrency and forex trader, using funds of depositors at his discretion, paying out profits to

Japanese crypto exchanges ask for relaxation of margin trading rules

Crypto exchanges in Japan are seeking to ease restrictions on margin trading, Bloomberg writes. At issue is an increase in leverage from 2x to 4x or 10x. The industry representatives will submit a corresponding request to the Financial Services Agency of Japan next month.