After the European Central Bank released a blog post on the shortcomings of Bitcoin, the crypto community on Twitter took to the comments to defend the cryptocurrency. In light of the recent FTX collapse and liquidity scandal, regulators in the European Union have joined other global lawmakers in a push for more clear guidelines and...Continue Reading

RNS.ID’s on-chain KYC solution is designed on a “privacy engine” to encrypt users’ data. RNS.id, a digital Web3 identity platform developed to support the application and issuance of sovereignty-backed IDs, announced on Nov. 30 that it is integrating with zkSync for on-chain KYC. RNS.ID indicated in a release shared with Cointelegraph that its on-chain KYC...Continue Reading

Winklevoss’ Gemini exchange received the latest regulatory approvals days before its lending product Gemini Earn faced major issues. Winklevoss brothers’ cryptocurrency exchange Gemini continues expanding in Europe, announcing new regulatory approvals in Italy and Greece. Gemini has registered as a virtual currency operator with Italy’s payments services regulator, the Organismo Agenti E Mediatori (OAM), the...Continue Reading

A community member argued that the best crypto use case is still how crypto provides a decentralized, peer-to-peer payment system that eliminates middlemen like banks. While fears surround the crypto market because of how big projects and firms file bankruptcy one after the other, community members continue to remind the world of the best use...Continue Reading

Bitcoin faces more than just FTX fallout in December, with macro data due and the Mt. Gox payouts getting closer. Bitcoin (BTC) briefly returned to $17,000 into Nov. 30 as monthly close volatility loomed. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Trader: $17,500 monthly close “most bullish outcome” Data from Cointelegraph Markets Pro and TradingView...Continue Reading

Binance has managed to expand its services throughout the past year by either acquiring an operating license or buying a stake in a regulated entity. Cryptocurrency exchange Binance plans to reenter the Japanese market after acquiring a 100% stake in a licensed crypto service provider in the country, Cointelegraph Japan reported. In an official public...Continue Reading

Arrest warrants were sought for Terraform Labs co-founder Daniel Shin, three investors and four engineers responsible for TerraUSD (UST) and LUNA initiatives. Amid the ongoing manhunt for Terraform Labs co-founder and CEO Do Kwon, South Korean authorities have spread out their investigations to target other Terra executives. Prosecutors issued an arrest warrant for co-founder Daniel Shin...Continue Reading

The law was approved by the Chamber of Deputies of Brazil but still requires the approval of the executive branch to be enacted. While Brazil has not made Bitcoin (BTC) legal tender as El Salvador did last year, the South-American nation has passed a law that legalizes crypto payments throughout the country.  The Chamber of...Continue Reading

Cybercriminals will flock to the Metaverse next year to prey on unsuspecting virtual world participants according to a report by cybersecurity firm Kaspersky. Malware, ransomware attacks and phishing are not the only scourges of the crypto industry as the Metaverse could become a big target next year, according to cybersecurity experts. In its “Consumer Cyberthreats:...Continue Reading

Although the TradeLens platform will officially go offline in Q1 2023, Maersk said it’s not given up its effort to digitize the supply chain industry. United States technology company IBM and Danish logistics firm Maersk have decided to discontinue their co-developed blockchain-backed supply chain platform, TradeLens, citing a lack of “global industry collaboration” as a...Continue Reading