War on cryptocurrency crimes continues: DOJ merges teams to intensify crackdowns

    coingeek 2023-07-28 33285 views Trending
    If you thought we’d seen the end of crackdowns against the rampant crime in the digital currency industry, it’s time to think again.This week, the principal deputy assistant attorney general for the U.S. Department of Justice (DOJ), Nicole Argentieri, announced that the Computer Crime and Intellectual Property Section (CCIPS) would merge with the National Cryptocurrency Enforcement Team (NCET) in a bid to give the latter more resources.

    Putin signs digital ruble bill into law, enabling CBDC in Russia

    coingeek 2023-07-27 73564 views Trending
    ​Russia’s President Vladimir Putin has signed the digital ruble bill into law, allowing the country’s central bank to issue a central bank digital currency (CBDC) in the hopes that it will help combat inflation and the heavy economic sanctions imposed on the country after its invasion of Ukraine.

    What is an atomic swap, and how does it work?

    cointelegraph 2023-07-27 65882 views Trending
    Atomic swaps remove intermediaries and centralized control, thereby making cryptocurrency exchanges more decentralized.Atomic swaps enable peer-to-peer (P2P) transactions between individuals with different cryptocurrencies on two separate blockchains, eliminating the requirement for an intermediary (such as a centralized exchange). Atomic swaps allow users to exchange digital assets as per self-executing smart contracts.

    Former CFTC Chairman Supports Stablecoins as Crypto-Real World Bridge

    2023-07-26 52881 views Trending
    Timothy Massad, the former chairman of the United States Commodity Futures Trading Commission (CFTC), has emphasized the significance of stablecoins and urged regulators not to dismiss their potential. In a recent interview with CNBC, Massad highlighted its role as a bridge between the crypto world and the real world, urging governments to pay attention to their utility and not view them as a transient trend.

    Worldcoin launches, token pumps, Orbs multiply, suspicion mounts

    coingeek 2023-07-26 47674 views Trending
    Worldcoin has finally launched its token, although questions remain over the controversial eyeball-scanning project’s motivations and commitment to transparency.On Monday, the Worldcoin Foundation announced that the Worldcoin project “is now live and in a production-grade state.” Co-founded by OpenAI founder Sam Altman, Worldcoin is an attempt to introduce online biometric identity verification via scanning the irises of, well, everyone on the planet, although progress on that front has been slow.

    Tesla’s Cryptocurrency Endeavor: Unchanged Bitcoin Holdings in Q2 2023

    coinwire 2023-07-22 45990 views Trending
    Tesla, the cutting-edge automobile and renewable energy firm championed by the enterprising Elon Musk, has once again found itself in the spotlight. This time, however, it’s not due to its electric vehicles, but rather its Bitcoin holdings. The company recently declared that its Bitcoin holdings remained unchanged in the second quarter of 2023, showcasing Tesla’s strategic approach to cryptocurrency investment.

    UK bill designed to keep children safe online should cover metaverse

    coingeek 2023-07-19 68533 views Trending
    Some U.K. House of Lords members have called for a bill to regulate internet services to extend to virtual environments such as the metaverse.The Online Safety Bill, which was debated again by the upper house on July 12, should cover “anything communicated by means of an internet service,” some argued. Spokesman for the digital economy Timothy Clement-Jones argued that failure to cover environments such as the metaverse would be to fail British children and vulnerable adults.

    Bitcoin Cannot Remain Indifferent to Dollar Index for Long: Analyst

    coindesk 2023-07-19 44817 views Trending
    U.S dollar index's fate impacts global liquidity conditions, which, in turn, influences risk assets, including cryptocurrencies.

    Law 3.0 — An evolution toward on-chain legal resolution in Web3

    cointelegraph 2023-07-17 76806 views Trending
    As Web3 redefines digital interactions, the conventional legal system lags, underlining the need for a new on-chain legal mechanism.

    24 CBDCs set to launch by 2030, over 93% of central banks experimenting with the asset class: BIS

    coingeek 2023-07-15 42705 views Trending
    Experts are predicting an avalanche of central bank digital currencies (CBDCs) in the coming years, underscored by the frantic pace of development in the space.

    First Bitcoin futures contract debuts in Argentina

    cointelegraph 2023-07-14 69814 views Trending
    According to Matba Rofex, the trading platform behind the investment vehicle, the first Bitcoin futures contract in Latin America has begun trading.Argentina welcomed its first Bitcoin futures contract on July 13, just three months after the country’s securities watchdog approved the underlying index as part of a strategic innovation agenda.

    Silk Road Rumors: Speculation Arises Over Alleged US Government Wallet Transfer of Seized Bitcoin

    coinwire 2023-07-13 80186 views Trending
    In recent days, the crypto community has been abuzz with excitement and speculation sparked by persistent rumors surrounding a wallet allegedly under the ownership of the United States government. According to reports, this intriguing wallet is believed to house Bitcoin that was previously seized from the notorious Silk Road darknet marketplace, and it has now initiated a significant transfer. While the exact purpose and far-reaching implications of this transaction have yet to be confirmed, its mere existence has already sent shockwaves through the market.

    Hong Kong: A Cryptocurrency Haven for Chinese Visitors

    coinwire 2023-07-13 56748 views Trending
    In recent times, Hong Kong’s cryptocurrency market has seen a peculiar trend – an influx of mainland Chinese tourists. The city’s relaxed crypto-regulations and pro-innovation mindset have made it a popular destination for crypto-tourism. This article explores the implications of this trend, and how it impacts the broader cryptocurrency landscape.

    The Real Use Case for CBDCs: Dethroning the Dollar

    coindesk 2023-07-12 40546 views Trending
    Central bank digital currencies will revolutionize how companies settle international trade and reduce the need for greenbacks in the world economy, says Michael Casey.

    BlackRock’s Bitcoin ETF Application Takes Surveillance to the Next Level

    coindesk 2023-07-12 33161 views Trending
    An Information-Sharing Agreement, which appears to be absent from public spot Bitcoin ETF filings, compels a crypto exchange to share trading data up to and including personal information such as a customer’s name and address.

    Cryptocurrency versus the SEC: A fight for fair digital investing

    cointelegraph 2023-07-10 55511 views Trending
    Exploring the conflict between the SEC and major cryptocurrency corporations and the fight for investor protection in digital currency markets.

    BlackRock ETF stirs US Bitcoin buying as research says 'get off zero'

    cointelegraph 2023-07-10 32582 views Trending
    Bitcoin is a must-own as the world's only truly scarce asset, analysis argues, as U.S. BTC accumulation takes a leg up.

    United Nations Security Council targets AI threats in inaugural meeting

    coingeek 2023-07-08 56257 views Trending
    ​The United Nations (UN) Security Council will hold an inaugural meeting to analyze the threats of artificial intelligence (AI) to global peace and security.In disclosing the plans, U.K. Ambassador to the UN Barbara Woodward said the purpose of the meeting would be to cross-pollinate ideas on guardrails for safe AI usage. On July 1, the U.K. assumed the Security Council’s presidency, a position it is set to occupy until the end of the month.

    Gaining speed on tokenization is vital for UK’s financial future, banking group warns

    cointelegraph 2023-07-07 41797 views Trending
    UK Finance says it’s not too late for the United Kingdom to make up for other jurisdictions’ faster start to securities tokenization, and the country better do it if it wants to remain a global financial leader.

    Tech executives slam EU’s AI regulation over stifling innovation

    coingeek 2023-07-06 71008 views Trending
    ​Tech executives at over 160 firms have signed an open letter criticizing the European Union’s proposed legislation on artificial intelligence (AI).The signatories to the open letter were drawn from technology companies dabbling in AI, including Meta , OpenAI, Cellnex , and French-based Mirakl. According to the letter, the executives claim that the EU rules could cause high compliance costs and unfair liability risks to firms experimenting with the technology.

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