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Sharding could resolve Ethereum scalability trilemma, says researcher
21.9.2022
Scalability trilemma implies that to scale, blockchains usually need to sacrifice one of their three fundamental cornerstones — security or decentralization, or transaction throughput
China to Expand Digital Yuan Testing in Pilot Cities to Provincial Level
21.9.2022
China’s central bank intends to enlarge the area covered by trials of its digital yuan currency in four regions of the country. A top representative of the monetary authority announced the move while highlighting that the People’s Bank has been stepping up digitalization efforts this...
India to Finalize Stance on Legality of Cryptocurrency by Q1 2023: Report
21.9.2022
The Indian government is reportedly planning to finalize its stance on the legality of cryptocurrency by the first quarter of next year in order to become Financial Action Task Force (FATF) compliant. “We will finalize our responses by February-March 2023. We have to respond to the FATF...
Ukraine to Revise Virtual Assets Law in Line With EU Crypto Rules
20.9.2022
Work is underway in Ukraine to update the legal act that applies to cryptocurrencies in order to align the nation’s legislation with European standards. Several government institutions in Kyiv are preparing changes to the bill “On Virtual Assets,” which was signed into...
Crypto and stocks soften ahead of Fed rate hike, but XRP, ALGO and LDO look ‘interesting’
20.9.2022
Crypto and stock markets continue to correct, but that doesn’t mean all the investment opportunities are gone
Litecoin Foundation’s managing director shares his thoughts on decentralized money
20.9.2022
The Litecoin blockchain has been up and running for over a decade with no downtime
Bitcoin vs. Quantum Computers: US Government Says Post-Quantum World Is Getting Closer, CISA Warns Contemporary Encryption Could Break
20.9.2022
According to the U.S. Cybersecurity and Infrastructure Security Agency (CISA), while quantum computers are incapable of breaking public key encryption algorithms, public and private entities need to prepare for future threats against cryptography that is not quantum resistant. Most...
US Treasury official says crypto mixers are a 'concern' in enforcing sanctions
20.9.2022
Assistant secretary at the Treasury Department Elizabeth Rosenberg said sanctioning crypto mixers could help deter money laundering from entities in Russia, Iran, and North Korea
Maple Finance launches $300M lending pool for Bitcoin mining firms
20.9.2022
The institutional lending platform has facilitated $1.8 billion worth of digital currency loans since May 2021
Colorado is now accepting tax payments in cryptocurrency, as Gov. Polis promised
20.9.2022
The Colorado Department of Revenue offers tax payment through the PayPal Cryptocurrency Hub for personal taxes; businesses are not eligible yet
BNB Chain launches a new community-run security mechanism to protect users
20.9.2022
The AvengerDAO was developed in association with some of the leading blockchain security analytic firms and top DeFi projects in the crypto ecosystem
Bitcoin still dominates total payments on BitPay despite the bear market
20.9.2022
Total crypto payments on BitPay remained stable despite the bear market, with monthly transactions surging from around 58,000 in 2021 to 67,000 in 2022
Enhanced KYC checks can be a win-win for crypto exchanges and consumers — here's why
20.9.2022
Adopting more stringent Know Your Customer (KYC) checks can give crypto exchanges a competitive edge over those that meet minimal standards
US Treasury plans to ask public if crypto-related regulations are 'no longer fit for purpose'
19.9.2022
The public has until Nov. 3 to submit comments on Treasury addressing ransomware attacks, illicit finance risks of cryptocurrency mixers and DeFi, and coordinating AML/CFT policy
Bitcoin is trapped in a downtrend, but a ‘trifecta of positives’ scream ‘deep value’
19.9.2022
In a recent Twitter Spaces, Capriole Fund founder Charles Edwards told Cointelegraph that BTC could go lower, but currently reflects “incredible deep value” based on multiple price metrics
Russian official says bill to give businesses leeway in use of crypto internationally
19.9.2022
Finance Ministry official says an upcoming bill may provide local infrastructure, allow businesses to negotiate the use of cryptocurrencies in international trade on their own
Panda DAO says it will dissolve and return investor's assets due to internal strife
19.9.2022
"Too much time in governance, too little time in development, too many voices in price. Too tired and refund it all," a core team member wrote
Indian exchange WazirX follows Binance in delisting USDC
19.9.2022
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October
Vietnam Crypto Miners Complain About Losses From Ethereum’s Merge
19.9.2022
Miners in Vietnam have expressed grievances over the loss of business following Ethereum’s transition to a consensus mechanism that does not require the energy-intensive computing they were providing. Many are in trouble, local media reported, quoting entrepreneurs and mining enthusiasts....
Crypto market bloodbath leads to $432M in liquidation
19.9.2022
The current market downturn is being attributed to a number of macroeconomic factors, such as higher-than-expected CPI data and a possible biggest Fed rate hike in 40 years