National Exchanges Reportedly Pause Operations in Venezuela, as Attorney General Confirms Crypto Watchdog Sunacrip Involvement in Oil Sale Schemes
National cryptocurrency exchanges have paused their activities in Venezuela according to reports, as the anti-corruption probe on national crypto watchdog Sunacrip and unlawful oil sales continues in the country. Tarek William Saab, attorney general, confirmed the involvement of the institution in a parallel scheme that involved the sale of Venezuelan oil to third parties, mentioning … Read more
China to upgrade national blockchain standards by 2025
The Chinese government has been proactively pursuing advancements in its blockchain sector and now aims to upgrade its industry development standards by the year 2025. Go to Source Powered by WPeMatico
bZX DAO class-action ruling: Dev with upgrade key makes platform custodial
Delphi Labs general counsel Gabriel Shapiro tweeted that the ruling can also be potentially applied to developers with multisigs. Go to Source Powered by WPeMatico
SBF banned from using online messengers under new bail agreement
The U.S. prosecutors reportedly agreed to allow Sam Bankman-Fried to stay home while restricting using some electronic devices and apps. Go to Source Powered by WPeMatico
Here’s why CFTC suing Binance is a bigger deal than an SEC enforcement
Market observers pointed out that CFTC goes after the bigger fish, and its regulatory action often proves fatal for the crypto companies. Go to Source Powered by WPeMatico
Steve Hanke Blasts Bitcoin: It Is ‘Not a Currency’ and Has a ‘Fundamental Value of Zero’
Steve Hanke, professor of applied economics at Johns Hopkins University, has criticized bitcoin, stating it is not a currency. The economist, known for his vocal opinions about crypto and for the promotion of dollarization initiatives in Latam, blasted bitcoin, saying it has a “fundamental value of zero,” and that it is a “highly speculative asset.” … Read more
Zero-knowledge proofs coming to Bitcoin, overhauling network state validation
Zero-knowledge proofs have powered the development of Ethereum layer 2s, and now they’re coming to Bitcoin. Go to Source Powered by WPeMatico
How does the monetary supply affect cryptocurrencies?
Cointelegraph analyst and writer Marcel Pechman explains how the monetary supply affects cryptocurrencies. Go to Source Powered by WPeMatico
Bitcoin price retains $27K, but forecast says ‘correction is incoming’
BTC price action repeatedly tests the mettle of $27,000 support, while Bitcoin analysis differs over what comes next. Go to Source Powered by WPeMatico