Category: Cryptocurrency News

Cryptocurrency News and Public Mining Pools

Kraken settles with US Treasury's OFAC for violating US sanctions

The U.S.-based crypto exchange agreed to pay more than $362,000 as part of a deal “to settle its potential civil liability” related to violating sanctions against Iran.

Monero has delisted most CEXs & is banning EU regulators next

One certainly can argue that financial privacy aka a Swiss bank account on your mobile phone is nothing corrupt clown-world-governments would want "their" citizens to have access to. That's why the will try to "regulate" it out of existence or outright state attack it*. More on that below. One may dream In another world where…
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Crypto Lender Blockfi Files for Bankruptcy Protection to ‘Maximize Value for All Clients’

On Nov. 28, 2022, the crypto lender Blockfi informed the public via a press release that the company has voluntarily petitioned for Chapter 11 bankruptcy protection. Blockfi is now one of many digital currency businesses dealing with significant financial hardships and bankruptcy proceedings in 2022. Blockfi Voluntarily Petitions for Chapter 11 Bankruptcy Protection Blockfi has […]

Singapore requires banks to hold $125 for every $100 Bitcoin exposure

submitted by /u/Migas0pt [link] [comments]

Jack Dorsey’s Block sues Bitcoin.com for trademark infringement

“The use of the designation “VERSE” constitutes an infringement of our client’s trademarks under German trademark law,” Block’s legal counsel said in a letter to Bitcoin.com.

Which Layer-2 is the most secure to migrate from L1?

Polygon POS only has 100 validators and is being controlled by 5/9 multisigs Optimism has not activated fraud-proofs and most other L2s have red warnings on L2 Beat The choice is really ZkSync or StarkEx. On paper ZkSync may be the most secure since it’s ZKR and not validium. However, StarkEx already have billions of…
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Considering staking ETH directly next year – how would you do it and why?

I currently have ETH in a few places, including locked up at CB and on a couple DEXs as WETH. I'm aware of the individual risks of how these are stored/staked/pooled respectively. Next year I'm considering staking ETH directly to further diversify my holding locations. I don't have enough to run a validator, so what…
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2022 Crypto bankruptcies so far

May 12 Stablecoin Luna crashes July 1 Singapore crypto hedge fund Three Arrows Capital files for bankruptcy July 6 Crypto broker Voyager files for bankruptcy July 8 Indian crypto lender Vauld filed for bankruptcy July 13 One of the largest crypto lenders Celsius files for bankruptcy Jul 29 Thai crypto exchange Zipmex files for bankruptcy…
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FTX logos and promotional material still everywhere despite bankruptcy proceedings

Though some officials have removed all traces of their deals with FTX, the firm’s branding still appears on a few sports venues and merchandise.

[SERIOUS]FTX and Execs donated over $70 Million to the election, some just 2 weeks before bankruptcy. Politicians ‘did their job’ and had tried to blocked investigation into FTX

Sam Bankman-Fried and FTX execs donated a total of $70 million to political campaigns toward the mid-term election cycle. This sum made FTX the third-largest donor across the entire political landscape for this mid-term election cycle. The individuals who donated included Bankman-Fried himself, co-CEO Ryan Salame and Director of Engineering Nishad Singh. They donated a…
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