After the regulatory crackdown carried out by U.S. authorities, Binance Dollar (BUSD) experienced a precipitous drop in the number of active addresses. The Binance ecosystem has seen a string of declines in recent weeks, and this latest one is the latest in that trend. Regression Clearly Visible at the BUSD Active Address The total … Read more
Riot Platforms, a firm that mines Bitcoin (BTC), has recently published a report on its business’s financial and operational success for the entire year 2022. But at the same time, tripling its hashrate capability, the company brought in a total of $259.2 million in revenue for the fiscal year that concluded in December 2022. Riot … Read more
The company Robinhood Markets Inc has stated that its Robinhood Wallet is now available worldwide to all iOS users worldwide through the Apple App store. After the beta introduction in September, the app has been subjected to many enhancements, as stated (1) by the General Manager of Robinhood Crypto, Johann Kerbrat. #RobinhoodWallet is now available … Read more
On Friday, an amendment document was released in connection with the United Kingdom’s Financial Services and Markets bill (1). This paper gives the impression that the United Kingdom’s government wants to regulate cryptocurrency and prohibit unlicensed service providers. The Minister of Financial Services, Andrew Griffith, made the following statement in the amendments paper: “to clarify … Read more
Cybercriminals are taking advantage of vulnerabilities in the smart contracts that govern decentralized finance (DeFi) platforms, according to a new warning that was issued by the Federal Bureau of Investigation (FBI) on Monday. The warning focused on attacks against decentralized finance (DeFi) platforms. According to the agency, which cites a report published in April 2022 … Read more
In Afghanistan, bitcoin dealers are coming under increasing pressure from the hardline Islamic group known as the Taliban. On Friday, the topic was discussed in the Bloomberg media. A prominent Afghan police official named Sayed Shah Sa’adaat recently discussed the crackdown in a chat with Bloomberg News. Since late December of the previous year, when … Read more
Joseph Longo, the chair of the Australian Securities and Investments Commission (ASIC), has been very explicit about the way he feels about cryptocurrency investments. “Being a crypto cheerleader is not part of my job description,” she said. Longo stated on Tuesday at a luncheon hosted by the Committee for Economic Development of Australia that cryptocurrency … Read more
Cryptocurrency regulators in Australia are seeking to do something that no other government has ever done before. The Australian Treasury issued a statement on Monday announcing a multi-step strategy for establishing a crypto regulatory regime that it asserts is more comprehensive and effectively than those previously developed “anywhere else in the world.” The statement refers … Read more
The Electronic Frontier Foundation Expresses Its “Deep Concern” About the Proposed Ban on Tornado Cash The Electronic Frontier Foundation (EFF), along with other crypto and privacy groups, has joined the chorus of those protesting the decision of the United States Treasury Department to implement sanctions that prevent individuals of the United States from utilizing the … Read more