Transactions with digital assets backed by precious metals are beginning in Russia with the launch of a token for palladium. The rare metal, which is used in jewelry and has some high-tech applications, is not a publicly available asset in the Russian Federation.
Atomyze and Rosbank Issue Digital Token for Palladium
The Russian…
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The microstate of Andorra is looking to make crypto and central bank digital currency (CBDC)-related moves with a legislative proposal that could eventually see the country issue its own token – and despite an initial setback, could push to adopt crypto-friendly policies in the near future…. Read More: Andorra Taking Baby Steps Toward Crypto Adoption…
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A 33-year-old South Korean crypto company chief has appealed a 25-year prison sentence after allegedly pushing his live-in girlfriend to her death from a 19th-storey window. Per Asia Today and Newsis (via Fn News), the man, referred to for legal reasons by his surname Kim, was the CEO of an unnamed crypto investment firm and…
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Before it expired, the offer stood at approximately 10x the amount of the domain’s last sale. On Tuesday, the Ethereum Name Service, or ENS, domain Amazon.eth received an offer for 1 million USDC (a stablecoin pegged to the U.S. dollar) from an anonymous wallet address on OpenSea. The offer to buy the ENS domain went unanswered…
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Deputy Attorney General Lisa Monaco said authorities relied on victims to report attacks “as soon as those crimes occur” to help recover funds. The United States Department of Justice has seized and returned roughly $500,000 in fiat and crypto from a hacking group tied to the North Korean government, which included two crypto payments made…
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The creditors of Three Arrows Capital may be left holding the bag, according to a source who claims the hedge fund’s exposure to Deribit is only worth $25 million. Court documents that describe the insolvency of failed crypto hedge fund Three Arrows Capital, also known as 3AC, may be overestimating the value of the firm’s…
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Skybridge joins the crowd that has frozen crypto investors’ funds, although head Anthony Scaramucci says the suspension is a temporary measure with no fear of liquidation. Skybridge Capital has suspended withdrawals from its Legion Strategies fund – one of the firm’s funds with crypto exposure. Founder Anthony Scaramucci confirmed the move July 19 in an…
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Traders expect BTC price to venture into the $27,000 to $32,000 range now that Bitcoin looks to secure a daily close above its current range. Similar to Stockholm syndrome where captives develop a psychological bond with their captors, crypto winters have a way of flipping even the most bullish cryptocurrency supporters bearish in a short…
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In partnership with Unstoppable Domains, Bitcoin.com is making it easier than ever to use cryptocurrency as a payment method. Users of the multichain Bitcoin.com Wallet can now send cryptocurrency to the full range of domains offered by the blockchain-based domain provider. This means, for example, that people can send bitcoin to a human-readable address like…
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The bitcoin mining operation Marathon has announced the company has secured 254 megawatts of new hosting deals with the option to increase to 324 megawatts (MW). Marathon’s latest expansion deals should support the bitcoin mining firm’s intended goal of securing approximately 23.3 exahash per second (EH/s).
Marathon Secures 254 MW of Bitcoin Mining Capacity —…
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