The senators have created a harsh, sweeping bill to clean up crypto’s AML/KYC act that will benefit from further discussion in the next Congress. As the cryptoworld focused on the drama unfolding around FTX, United States Sen. Elizabeth Warren and Sen. Roger Marshall introduced the “Digital Asset Anti-Money Laundering Act of 2022” on Dec. 14....Continue Reading

Alleged reports of compromised emails began appearing as early as October. “Not handled well,” was how one user described the revelations brought forth by Cointelegraph on Dec. 14 with regard to a leak of 5.7 million Gemini customers’ email addresses and partial phone numbers. Shortly after publication, multiple users reached out to Cointelegraph, alleging that...Continue Reading

“People love to point at a specific price in hindsight as the bottom of an asset, but bottoming is a process,” Melker says during the first episode of Crypto Trading Secrets. Crypto investor, trader and content creator Scott Melker, also known as The Wolf Of All Streets, joined the new Crypto Trading Secrets podcast for...Continue Reading

Bitcoin keeps up the gains with U.S. stocks with hours to go until a decision on rate hikes and comments from Fed Chair Powell. Bitcoin (BTC) set new one-month highs on the Dec. 14 Wall Street open on the day of key events for the United States Federal Reserve. BTC/USD 1-day candle chart (Bitstamp). Source:...Continue Reading

Users’ emails, account numbers and partial phone numbers were allegedly leaked. Cryptocurrency exchange Gemini appears to have suffered a data breach on or before Dec. 13. According to documents obtained by Cointelegraph, hackers gained access to 5,701,649 lines of information pertaining to customers’ account numbers, email addresses and partial phone numbers. In the case of...Continue Reading

Kumite NFT founder Gareb Shamus chats with NFT Steez about how NFT projects can engage with their respective communities through storytelling. NFT Steez, a new weekly Cointelegraph podcast exploring nonfungible tokens and Web3 projects, spoke to Comic-Con legend Gareb Shamus about how he has used storytelling to build engagement and a “maker world” that grows and strengthens...Continue Reading

Despite their popularity, DEXs have a number of drawbacks that may be preventing growth. A new approach, however, has offered a way forward. In May 2022, at the tail of the crypto bull market, economist Eswar Prasad wrote an op-ed for the Financial Times arguing that DeFi’s promise as a means of democratizing finance was...Continue Reading

In Latin America, “crypto is functional, it has a real utility.” It can hedge inflation, provide access to dollars and internationalize wealth. With the crypto world still reeling from the FTX collapse, Brazil recently passed legislation that legalized cryptocurrency use for payments in the country. How to reconcile this with all those declarations in the...Continue Reading

The first episode of Hashing It Out features Cointelegraph’s Elisha Owusu Akyaw (GhCryptoGuy) and Michael Kimani, Fonbnk’s co-founder and head of growth in Africa. The African continent has been tipped as an important market for crypto adoption due to its young population, lousy economic management by governments and lack of efficient financial infrastructure to connect...Continue Reading

Bitfarms has an initial period of 180 calendar days to have its shares trading above $1 for at least 10 days before June 12, 2023. The Canadian Bitcoin (BTC) mining firm Bitfarms is facing compliance challenges over its listing on Nasdaq due to the ongoing cryptocurrency winter. Bitfarms received a warning notification from Nasdaq on Dec....Continue Reading