The draft bill proposes to eliminate anonymous crypto projects, with DAOs, DeFi and exchanges required to legally register in the U.S. A leaked copy of a United States draft bill concerning cryptocurrency started doing the rounds on Twitter earlier today. The 600-page copy of the leaked bill highlighted some of the key areas of concern…
Read more
Under the current variation of the law, there is no explicit procedure outlined for law enforcement officers to seize illegally obtained crypto from crime organizations. Japan’s Justice Ministry is reportedly considering a revision of an asset seizure law relating to organized crime to include a stipulation that crypto can be commandeered in such instances. If…
Read more
The DEX has been taken offline due to the discovery of the bug, and the team has implemented an “emergency fix” and update. The Maiar Exchange, a decentralized exchange (DEX) native to the Elrond blockchain, has been temporarily taken offline after an attacker utilized an exploit and made off with roughly $113 million worth of…
Read more
The South Korean science and ICT ministry has said it will recruit companies that will participate in its 2022 Metaverse Content Creation Project. A director in the ministry said the project is being promoted as part of the country’s industry-leading metaverse strategy. Building Trust in the Metaverse Content Creation Ecosystem South Korea’s Ministry of Science…
Read more
Bitso, the Mexico-based cryptocurrency exchange, has announced a new partnership with Addem Capital, a debt fund that provides startups and other companies with financing options. The cryptocurrency exchange will process payments for the fund and provide conversion functions, allowing it to accept cryptocurrency as part of its payment options.
Bitso Partners Addem Capital to…
Read more
Bitcoin has been marking multiple weeks of consecutive red closes. This has been the case for the last two months when the leading cryptocurrency had seen 9 consecutive weeks of red closes. Unsurprisingly, this had pained a very bearish image for the digital asset. However, it seems the tide has begun to turn as bitcoin…
Read more
Japan’s Ministry of Justice wants to give courts and police officers the power to seize cryptoassets in criminal cases – and could allow the state to take control of tokens that have been used in money laundering operations…. Read More: Japanese Justice Ministry Wants Law Enforcers to Have Power to Seize Crypto Read more…
Read more
The latest $113 million fund injection will be redirected to scale the platform’s existing offerings, such as introducing new features and added support for blockchains. Indonesian crypto asset platform Pintu announced the closure of a $113 million Series B funding round participated by four prominent investors Pantera Capital, Intudo Ventures, Lightspeed and Northstar Group. Licensed…
Read more
The SEC is reportedly suspicious that the world’s biggest crypto exchange sold unlicensed securities in its ICO, and the news agency tallied up some old cases. The United States Securities and Exchange Commission (SEC) is investigating whether Binance Holdings broke securities rules when it launched its BNB token in an initial coin offering (ICO) five…
Read more
Steady growth in its active users, the stability of the RSV stablecoin and investors’ anticipation over the upcoming mainnet launch could boost RSR price in the short-term. Bitcoin was created to give the average person a peer-to-peer economic system and a store of wealth asset that could provide financial autonomy and access to banking, especially…
Read more
