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July 21, 2023
The National Cryptocurrency Enforcement Team, established in 2021, will be merged with the Computer Crime and Intellectual Property Section. The United States Department of Justice (DoJ) has said it will double the number of staff on its crypto crime team established in 2021. The unit will add to its number of acting prosecutors and get...
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Professional Dota 2 player Erik “Tofu” Engel believes that Web3 has very beneficial features for gamers. While game developers seem to hate the idea of Web3 coming into games, players who compete in gaming tournaments for a living are more open to trying out blockchain gaming. Professional Dota 2 player Erik Engel for Gaimin Gladiators,...
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BTC price should put in a “strong” reaction now that Bitcoin Bollinger Bands are at their most compact since the start of 2023. Bitcoin (BTC) is lining up a burst of volatility that could rival its 40% January gains, on-chain data suggests. In the latest edition of its weekly newsletter, “The Week On-Chain,” analytics firm...
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The Civil Aviation Administration and China Merchants Bank said passengers will be able to utilize the digital currency to access new services via this platform. As the pilot program for China’s central bank digital currency (CBDC), the digital yuan, takes off, Chinese business travelers will reportedly be able to pay for flight tickets using the...
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The platform, monitored by local regulators, will be the only space in the country where the legal exchange of digital assets is allowed. The national cryptocurrency exchange announced by the Indonesian government a week ago has begun to function, according to a statement from the country’s Commodity Futures Trading Supervisory Agency, known as Bappebti. The...
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Vermont issued the investor alert after a 74-year-old man lost his life savings of over $340,000 in a crypto fraud orchestrated over Instagram and Telegram. The Vermont Department of Financial Regulation (DFR), a United States state agency, warned citizens against rising crypto investment frauds perpetrated over popular social media sites. On June 25, 74-year-old Naum...
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Perpetrators have impersonated delivery drivers in order to break into the homes of victims to steal cryptocurrency. A Canadian police department has issued a public warning of a possible trend where high-value cryptocurrency investors are being robbed in their own homes. On July 19, the Royal Canadian Mounted Police (RCMP) in Richmond, a city south...
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The British government may impose tighter freedom of speech protections on banking permits following a public dispute between Nigel Farage and Coutts bank. The British government is reportedly set to announce measures that could see banks stripped of their license if they choose to debank customers due to their political views.  A July 20 report...
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The Solana network is seeing steady improvements in performance and reliability as outages become more infrequent. Layer-1 blockchain network Solana has shown an improvement in reliability and uptime so far this year only having one outage in 2023, according to a report from the Solana Foundation. On July 20, the Solana Foundation released its latest...
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Coin Center said the bill was unconstitutional, while the Blockchain Association called it incompatible with blockchain technology. Crypto industry advocacy bodies have slammed a newly proposed United States Senate bill for what they say is a confused approach to regulating the decentralized finance (DeFi) sector. On July 20, crypto think tank Coin Center and crypto...
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