Author: Smit R
Voyager has raised $484 million to pay back its creditors
Voyager, a bankrupt company, has gotten $484 million to pay back its creditors. This money covers about 25% of what the creditors are owed. They [more…]
Paraguay is thinking about lifting its ban on Bitcoin mining and considers selling electricity to miners
In Paraguay, legislators are considering alternatives to a widely debated ban on Bitcoin mining and will debate this issue later in the month. After introducing [more…]
Prosecutor compares Mango Markets theft to a scam involving counterfeit diamond rings
Prosecutors have likened Avraham “Avi” Eisenberg’s alleged $110 million scheme against Mango Markets to a scam involving counterfeit diamond rings, portraying it as a contemporary [more…]
Queensland police force requests additional authority to confiscate cryptocurrency.
The Crime and Corruption Commission (CCC) in Queensland, Australia, is pushing for changes to the state’s law due to concerns over the criminal use of [more…]
Australia’s financial watchdog is challenging its defeat in the Finder Wallet case.
The Australian Securities and Investments Commission (ASIC) is appealing a recent court ruling that deemed Finder Wallet’s “Earn” feature, a product of the Australian fintech [more…]
Policy executive recommends developers make their code unchangeable to stay out of jail
During a discussion at the Bitcoin Policy Summit in Washington, D.C., on April 9, 2024, Coin Center’s research director Peter Van Valkenburgh emphasized the importance [more…]
Advocacy groups caution against negative impacts on cryptocurrency from the lawsuit involving the Tornado Cash Co-founder
Advocacy groups have raised concerns about potential negative impacts on the cryptocurrency industry stemming from the legal proceedings against Tornado Cash co-founder Roman Storm. The [more…]
Biden’s tax on mining is the most illogical aspect of his 2025 budget plan.
In President Biden’s 2025 budget proposal, a 30% tax on the electricity used by Bitcoin miners stands out as the most controversial measure, prompting concerns [more…]
Ethereum if the SEC classified ETH as a security?
The question of Ethereum’s survival is up in the air as U.S. regulators mull over classifying Ethereum’s Ether as a security, stirring unease among cryptocurrency [more…]
Ban on Bitcoin mining might lead to an annual loss of $200 million.
A proposed bill to ban Bitcoin mining in Paraguay could lead to significant economic losses, potentially costing the country over $200 million every year, according [more…]
