Category: Crypto News

  • Coinbase to pay a $50 million fine to the New York regulator

    Coinbase to pay a $50 million fine to the New York regulator

    Coinbase (COIN) will pay a $50 million fine to the New York State Department of Financial Services (NYDFS) to settle charges that allowed users to open accounts without conducting proper background checks. Regulators found that the cryptocurrency exchange’s policies violated anti-money laundering laws. The deal will also require Coinbase to invest $50 million over the […]

  • Reviewer wins $40,000 for identifying a vulnerability in Uniswap

    Reviewer wins $40,000 for identifying a vulnerability in Uniswap

    Uniswap’s recently launched bug bounty program revealed a fixed vulnerability in the protocol’s universal router smart contract. The automated market maker released two new smart contracts on its platform in November 2022. Permit2, which allows token permissions to be shared and managed between different applications. While the universal router unifies the exchange of ERC-20 and […]

  • Bitcoin miners are divided between bear market and bull market

    Bitcoin miners are divided between bear market and bull market

    The current bear market in Bitcoin is expected to end this year, according to mining data firm Hashrate Index. But other industry insiders aren’t so sure. The firm’s optimistic outlook is good news given the sluggish cryptocurrency market, which has reduced mining profits. However, the hashrate index underscored that a full-scale bull market is unlikely […]

  • UK seeks cryptocurrency crime expert, offers $50,000 salary

    UK seeks cryptocurrency crime expert, offers $50,000 salary

    The UK focuses on cryptocurrency-related crimes. It is now offering $50,000 for a cryptocurrency researcher vacancy. The UK’s National Crime Agency (NCA) is taking steps to focus more on cryptocurrency-related crimes. And then fight the criminals. The NCA’s cyber command, the National CyberCrime Unit (NCCU), is launching a dedicated cryptocurrency unit. This is to investigate […]

  • Cryptocurrencies To Move To ‘More Stable Hands By 2023’

    Cryptocurrencies To Move To ‘More Stable Hands By 2023’

    In an article for the World Economic Forum (WEF) on Jan. 2, Disparte highlighted the growing use of cryptocurrencies in the financial sector and suggested that the current bear market and stock market crash may be coming. Ultimately a win-win for the industry, paving the way for “always-on, responsible Internet finance.” Circle’s head of global […]

  • Tax Attorney Analyzes MicroStrategy’s Bitcoin Sales

    Tax Attorney Analyzes MicroStrategy’s Bitcoin Sales

    A Dec. 28 filing with the U.S. Securities and Exchange Commission (SEC) indicated the first time the company has sold some of its BTC since adopting the major cryptocurrency as its primary treasury asset. MicroStrategy caused a stir in the industry in 2021 when it started accumulating large amounts of BTC. And its founder, Michael […]

  • Morocco finalizes its regulatory framework on cryptocurrencies

    Morocco finalizes its regulatory framework on cryptocurrencies

    Morocco could see its first cryptocurrency bill introduced “in the next few days”. The document has already been prepared by the central bank and will be discussed with industry stakeholders. On January 3, during the press conference, the governor of the Central Bank of Morocco, Bank Al-Maghrib (BAM), Abdellatif Jouahiri, announced a series of discussions […]

  • Ukrainian pharmacies accept cryptocurrency payments through Binance Pay

    Ukrainian pharmacies accept cryptocurrency payments through Binance Pay

    Starting January 3, Ukrainian pharmacies started accepting cryptocurrency payments via Binance Pay. Pharmacies in Ukraine embrace digital payments during the ongoing war. With a large chain of local pharmacies that allow payments in cryptocurrencies such as Bitcoin. ANC Pharmacy, one of the largest pharmacy chains in Ukraine, has partnered with Binance Ukraine. This is to […]

  • Iran returns the Bitcoin mining equipment it seized to its owners

    Iran returns the Bitcoin mining equipment it seized to its owners

    Courts have forced the Iranian government to return thousands of previously confiscated Bitcoin mining equipment. The Iranian government and the State-owned Sale and Collection Organization (OCSSOP) are working to return Bitcoin mining hardware previously seized by the authorities. The OCSSOP mining hardware return procedure responds to a legal order from the courts ordering this action […]

  • European Central Bank seeks ‘experts’ to work with digital Eurosystem

    European Central Bank seeks ‘experts’ to work with digital Eurosystem

    The largest financial institution in Europe will set up a team to start developing the regulation of the digital euro in February next year. The European Central Bank (ECB) yesterday opened a call for “experts with experience” to apply with the idea of participating as volunteers in the group that will work on the regulatory […]