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Millions Of Players Later, Outriders Devs Still Waiting For Money
17.8.2021
By the numbers, Outriders is one of the year’s big success stories. And yet, developer People Can Fly apparently hasn’t received any royalties from Square Enix, the loot-shooter’s publisher. As reported by VGC, People Can Fly wrote in an investor note that “this probably means that, in Square...
Blockchain Entrepreneur to Regulators: ‘Crypto Community a Useful Ally’
16.8.2021
To many people, the year 2020 will probably go down in history as one of the most consequential of the century. After all, it was the year when governments, health professionals, and business owners all seemed to have a common goal: stopping the spread of Covid-19 at all costs. Indeed, in...
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
15.8.2021
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...
Ukraine's state security shuts down illegal crypto exchanges
13.8.2021
Ukrainian authorities say the crypto exchanges were involved in money laundering and other illicit financial activities
Are NFTs being used for money laundering? Yes they are claims Mr. Whale
13.8.2021
NFT’s could be a vehicle to legitimize ill-gotten gains for the crypto elite
Jordan Peterson wraps his divisive giga-brain around Bitcoin
13.8.2021
Jordan Peterson published a podcast titled “Bitcoin: The Future of Money?” this week that hosted Bitcoiners including John Vallis, Der Gigi, Richard James and Robert Breedlove
Ukraine Shuts Down Crypto Exchangers Sending Money to Russian Wallets
12.8.2021
The Security Service of Ukraine (SBU) has closed down a number of “underground” crypto exchangers in Kyiv. Officials say the platforms have been making a million dollars in monthly turnover and allegedly sending money to digital wallets operated by Russian payment providers....
Bank of Ghana to pilot CBDC with German securities printing firm G+D
11.8.2021
Originally specialized in currency and securities printing, Giesecke+Devrient has been increasingly working with central banks like the Bank of Thailand in piloting CBDCs
Report: Nigeria’s Digital Currency to Be Designated ‘Critical National Infrastructure’
11.8.2021
According to a report, the Central Bank of Nigeria (CBN) is planning to have its proposed digital currency designated “critical national infrastructure” in order to protect it from operational and cyber-security risks. In addition, the CBN will also apply regulatory and compliance...
Man Sentenced to 8 Years in Prison for Stealing Nearly $7 Million of Crypto in Israel
11.8.2021
Afek Zard, a resident of Israel, has been sentenced to eight years in prison for embezzling a large sum of cryptocurrency that belonged to a friend of his. The man, who refused to cooperate with the investigation, will have to pay a hefty fine as well. Israeli Resident Sentenced for Cryptocurrency...
Ethereum supply flips briefly into deflation as gas fees spike
11.8.2021
A spike in gas fees and ETH burn rates has produced almost 800 deflationary blocks so far
SEC Chairman Says Satoshi Nakamoto’s Innovation Is Real, Crypto Rules Are Clear
8.8.2021
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says that Satoshi Nakamoto’s innovation is real. “It has been and could continue to be a catalyst for change in the fields of finance and money,” he said. Satoshi Nakamoto’s Innovation Is Real...
Port Finance to List on AscendEX
8.8.2021
PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Port Finance token (PORT) under the pair USDT/PORT on Aug 9 at 2 p.m. UTC. Port Finance is a money-market, non-custodial liquidity protocol on Solana. They aim...
US SEC Shuts Down $30 Million Defi Money Market in First Decentralized Finance Bust
8.8.2021
The U.S. Securities and Exchange Commission (SEC) has taken its first enforcement action involving decentralized finance (defi). The commission has charged a defi platform and its executives for unregistered securities sales of more than $30 million and misleading investors. SEC’s...
Huobi Stablecoin Issuer Publishes Attestation Reports Tied to HUSD Reserve Backing
6.8.2021
The crypto financial services company Huobi and the firm’s stablecoin issuer Stable Universal have published monthly HUSD attestation reports. The audits indicate the funds that back Huobi’s stablecoin are kept in cash in U.S. money market accounts in order to ensure the 1:1 ratio with...
Ethereum network burns $395K ETH per hour after London upgrade
6.8.2021
At current burn rates, 2.3 ETH per minute, or $6,600 is going up in smoke
South African Start-Up Aims To Shield Merchants From Crypto Price Swings
5.8.2021
While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented...
Ethereum is becoming ultrasound money, ConsenSys founder says
5.8.2021
“With $13 billion worth of Ether locked up in Ethereum 2.0 and $70 billion locked up in decentralized finance, we have enormous demand for the Ether token,” said ConsenSys founder Joe Lubin
China crypto crime: Still ‘top ranked’ for illicit activity but crime is falling
4.8.2021
Chinese wallets both sent and received more than $2 billion worth of crypto associated with illicit activities between April 2019 and June 2021
India Reportedly Investigating Binance in Chinese Money Laundering Case
1.8.2021
Indian authorities are reportedly investigating cryptocurrency exchange Binance in connection with an ongoing Chinese money laundering case that raked in more than 10 billion rupees ($134 million). Binance’s Regulatory Troubles Continue India is reportedly investigating whether the global...