Category : Blockchain Technology

Tether CTO denies borrowing from bankrupt lender Celsius

Celsius bankruptcy report by court-appointed examiner Shoba Pillay either has a typo or a “mis-characterization,” Tether CTO stated.

UK Treasury publishes crypto framework paper: Here’s what’s inside

His Majesty’s Treasury published a long-anticipated consultation paper for the upcoming crypto regulation.

Here’s why India held on to older crypto reforms in national budget 2023

Experts opine that the Indian government needs more data and time to decide on rigid tax policies, given it has been only ten months since the tax laws were introduced in March 2022.

Toyota to explore blockchain use cases via DAO hackathon

The automotive giant is exploring DAO tools and blockchain integration to improve company operations.

Decentralized Twitter alternative goes live on Apple’s App Store

The Damus app is powered by Nostr, which uses decentralized relays to distribute end-to-end encrypted messages, and has a powerful backer in Jack Dorsey.

Crypto-friendly bank ends loans backed by crypto mining rigs

After a bullish 2021, crypto miners sought loans to expand, which backfired following difficult market conditions in 2022.

UK plans “robust” rules for crypto exchanges

The UK’s finance ministry is planning to unveil extensive cryptocurrency regulation within the next day, according to a Jan. 31 report from Reuters. The ministry, otherwise known as HM Treasury, is expected to publish draft rules for British cr...

Crypto scammers abuse ‘lax’ UK company laws to fool victims: Report

A report suggests companies are able to register in the U.K. very easily, making them appear more credible to potential scam victims.

Founder of $7.5M ‘brazen fraud scheme’ gets 8 years behind bars

Randall Crater was ordered to pay back the millions lost by victims of his fraudulent crypto scheme and spend 100 months in jail followed by a three-year supervised release.

Silvergate’s ties to FTX face renewed scrutiny from senators

Several U.S. senators are seeking new details from Silvergate Capital about its knowledge of FTX’s wrongdoing, according to a Jan. 31 report from Bloomberg. The senators responsible for the inquiry include noted cryptocurrency critic Elizabeth...

Bitcoin mining advocate is going state-to-state to educate US lawmakers

The legislatures in Mississippi and Missouri have separately introduced bills aimed at protecting certain activities of Bitcoin miners following visits from the Satoshi Action Fund.

UK home to hundreds of companies running crypto, forex scams

The Bureau of Investigative Journalism (TBIJ) has identified 168 companies accused of running crypto or fraudulent foreign exchange trading scams in the U.K. Victims of the scams are often approached — via social media, dating websites, and Whatsapp...