Lisa Cameron, a Member of Parliament in the United Kingdom since 2015, may not have used the Bitcoin Lightning Network in her time as a lawmaker, but spends a lot of her time in office focused on digital assets.Speaking to Cointelegraph at the Consensus 2023 conference in Austin, Texas on April 28, Cameron said she first started advocating for crypto-related policies in the U.K. government following one of her constituents being the victi...
A lot of Bitcoin (BTC) miners just came online. The Bitcoin hash rate, or the total computing power of the Bitcoin blockchain, just soared to 439 exahash per second (EH/s). Moreover, the number of transactions the Bitcoin blockchain processed in one day exceeded 682,000, as over 300,000 Ordinals were inscribed on the Bitcoin blockchain. These milestones demonstrate the network's strength and stability, as well as the increasing adoption of Bitcoi...
Bitcoin (BTC) fought for $28,000 support on May 2 after the month opened to multiday lows.Referring to the May 3 Federal Reserve decision on interest rate policy, a further post described Bitcoin as being “in sideways territory, where bears and bulls have arguments for both biases.”“Lots of fear going into the event of the FED tomorrow, probably unwarranted, but we'll see. Expecting slightly deeper,” Van de Poppe added.Bank stocks squeeze fails t...
Coinbase violated biometric privacy laws in Illinois through its collection and storage of customer fingerprints and facial templates, a proposed class-action lawsuit alleges.A May 1 filing in a California District Court by a Coinbase user claimed the exchange's requirement that a customer uploads pictures of a valid ID and a self-portrait in order for the firm to conduct Know Your Customer (KYC) checks is violating certain provisions of Illinois...
Johann Steynberg, the founder and CEO of Mirror Trading International, has been ordered to pay over $1.73 billion in restitution to victims of his bitcoin ponzi scheme. The court has also ordered Steynberg to pay a civil monetary penalty of a similar amount. The Commodity Futures Trading Commission (CFTC) conceded that orders requiring payment of funds “may not result in the recovery of any money lost because wrongdoers may not have suffic...
Cybercriminals from the darkest parts of the internet are reportedly selling hacked, verified crypto accounts on the darknet for as low as just $30 apiece.According to an April 24 research paper by online data security provider Privacy Affairs — titled The Dark Web Price Index, cybercriminals have been selling all manner of fraudulently obtained financial account information on the dark web.Our newest Dark Web Price Index yearly research is ready...
08/06 update below. This post was originally published on August 4
Bitcoin, ethereum and other major cryptocurrencies, including the meme-based dogecoin and Ripple's XRP
XRP
, came dangerously close to Armageddon last month.
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The bitcoin price rally this year has stalled after bitcoin doubled since the beginn...
Coinbase’s recent quarterly report showed that their staking rewards revenue grew 19% quarter-over-quarter to $88 million or 13% of net revenue, with $7 billion worth of ether being their largest staked asset. In addition, their venture arm is investing millions of dollars in the liquid staking protocol Rocket Pool, while the global competitor exchange Binance is investing $10 million in the liquid staking project Helio. It’s clear that tradit...
New proposed tax changes have the potential to shake up the DeFi space for U.S. investors.
The U.S. has achieved a (unfortunately accurate) reputation as a legal and regulatory landscape that is not particularly open and receptive to cryptoassets and crypto innovation. Antagonistic relationships have taken the form of lawsuits, lack of authoritative reporting and accounting standards, and a general stand-offish position toward the sector. Ta...
