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UK could roll out crypto regulation within a year, says senior minister
Key takeaways
Andrew Griffith has estimated that the UK could roll out its crypto regulation within a year.
He…
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Ex-Coinbase Exec Balaji Srinivasan Closes Out $1 Million Bitcoin Bet – Bitcoin News
Former Chief Technology Officer at Coinbase, Balaji Srinivasan, closed out early a bet that the price of bitcoin would hit $1 million by mid-June amid hyperinflation of the U.S. dollar. Srinivasan paid a total of $1.5 million,…
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White House Pushes DAME Tax Proposal to Address Alleged Environmental Costs of Crypto Mining –…
On May 2, 2023, the Biden administration unveiled a blog post outlining the Digital Asset Mining Energy (DAME) tax, featured in the president’s comprehensive 182-page budget proposal for the fiscal year 2024. The DAME tax targets…
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FBI, Ukraine seize 9 exchange domains on money laundering allegations
Nine digital currency exchanges allegedly aiding and abetting cybercriminals had their domains seized by the United States Federal Bureau of Investigation (FBI) and Ukrainian law enforcement.According to a May 1 press release, the FBI’s…
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Vanguard of Financial Revolution, Assessing Opportunities, Bottlenecks, Compliance
Decentralized Finance (DeFi) players have been left unscathed as the unmonitored control of off-chain capital of centralized crypto entities led to misdeeds and bad trades, and subsequent collapses.
Be it multi-billion…
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US Court Orders Operator of South African Bitcoin Ponzi Scheme to Pay Over $3.4 Billion – Regulation…
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary…
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What Hope Does May Hold For Bitcoin (BTC) Price?
In this article, BeInCrypto shares experts’ Bitcoin (BTC) price forecast for May 2023 and what obstacles the cryptocurrency may face this month
Bitcoin Price Forecast: Expert Opinions
Independent financial expert Alexander Ryabinin…
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Bitcoin Hashrate Reaches All-Time High of 491 EH/s, Close to Half a Zettahash, as Network Preps for…
While the next difficulty change for Bitcoin is just two days away, the network’s hashrate soared to unprecedented heights, reaching 491.15 exahash per second (EH/s) on May 02, 2023, at block height 787,895. This staggering amount…
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Darknet hackers are selling crypto accounts for as low as $30 a pop
Cybercriminals from the darkest parts of the internet are reportedly selling hacked, verified crypto accounts on the darknet for as low as just $30 apiece.According to an April 24 research paper by online data security provider Privacy…
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Capitulation? NFT Trading Volumes and Prices Plummet in the Last 30 Days
The past 30 days have seen a decline in trading volumes and prices of most non-fungible token (NFT) projects, likely due to the prolonged bear market of 2022 and the first quarter of 2023.
According to data from…
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