Infrastructure firms will now have to report within 24 hours if they make a ransomware payment. “This surely will be a game changer.” 2020 was a record year for ransomware payments ($692 million), and 2021 will probably be higher when all the data is in, Chainalysis recently reported. Moreover, with the outbreak of the Ukraine-Russia...Continue Reading
Sheila Warren and Jerry Brito joined security expert Juan Zarate to address ways to use cryptocurrency in the national interest. The George Mason University Antonin Scalia Law School National Security Institute hosted a webinar on Wednesday, March 30, titled “Crypto and National Security: How to Validate American Innovation and Verify U.S. National Security.” Journalist Laura...Continue Reading
While Senator Warren’s new bill officially targets Russia, could this just be an excuse to tighten crypto regulation? In a July 2021 interview, Massachusetts Senator Elizabeth Warren likened crypto regulation to the drug regulation initiatives of a century ago, which she claimed put an end to the sale of “snake oil” and laid the basis...Continue Reading
BTC price breaking out of its established trading range is proving harder than expected. Bitcoin (BTC) showed signs of recovery from an overnight rout on April 1 after the Ides of March caught up with bulls at the last minute. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Bitcoin faces “pivotal” moment Data from Cointelegraph Markets...Continue Reading
Web3 is bringing “endless” opportunities to Indonesia, changing lives in Nigeria, breaking qualification barriers in India, changing skeptics’ minds in the Philippines and is making its way to Uruguay. Delegates at the Binance Blockchain Week talked about their Web3 stories and the growth of Web3 opportunities within their local communities. The recent conference brought crypto...Continue Reading
The acquisition is scheduled to follow Galaxy’s domestication in Delaware, which is expected to become effective between Q2 and Q4 of 2022. Cryptocurrency investment firm Galaxy Digital has not managed to finalize the acquisition of the digital asset custodian BitGo in the first quarter of 2022 as the firm originally planned. Galaxy Digital has made...Continue Reading
More long-dead BTC moved this week than at any time since just before the $20,000 all-time high in December 2017. Bitcoin (BTC) dived $3,000 into the morning of April 1 as a widely-predicted pullback seemed to accompany fresh moves by major investors. As revealed by the Whale Shadows indicator, over 11,000 BTC suddenly left its...Continue Reading
Viewers of the documentary, especially those aware of the whole saga, resonated with the conspiracy theory about the founder faking his death. Netflix’s new crypto documentary titled “Trust No One: The Hunt for the Crypto King” was released on 30 March amid much fanfare. The documentary is based on the mysterious death of the now...Continue Reading
“We don’t support NFTs in this household. Tragic end for a great auto battler,” wrote one unhappy anti-NFT gamer. Indignant gamers have review bombed Storybook Brawl on Steam over fears of potential NFT and blockchain integrations following crypto exchange FTX’s acquisition of its developers Good Luck Games, LLC. Storybook Brawl is a free-to-play auto-battle card...Continue Reading
The judge ruled domestic law doesn’t apply to Binance as it is not an exchange domestic to the U.S. and that the case was filed “too late”. A federal judge has dismissed a class action complaint asserting Binance violated U.S. securities laws by not registering as a broker-dealer or exchange, and sold crypto tokens which...Continue Reading
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