US Treasury Sanctions 2nd Cryptocurrency Exchange, DOJ Seizes $6.1 Million

The U.S. Treasury Department has sanctioned a second cryptocurrency exchange “for facilitating financial transactions for ransomware actors.” Two ransomware operators have also been sanctioned and $6.1 million in funds were seized. US Treasury Sanctions Another Cryptocurrency Exchange The U.S. Department of the Treasury announced Monday that its Office of Foreign Assets Control (OFAC) has sanctioned …

India Plans to ‘Fast Track’ New Cryptocurrency Bill, Seeks to Take ‘Middle Path’ to Regulate Crypto: Report

The Indian government is reportedly trying to “fast track” a modified cryptocurrency bill to be introduced in the winter session of parliament. India’s crypto legislation is expected to take a “middle path” approach to balance all stakeholders’ concerns. India Reportedly Modifying Crypto Bill to Introduce at the Start of Winter Session of Parliament India is …

International Chess Federation Will Launch the Sport’s Global NFT Marketplace on Everscale Network (Ex-FreeTON)

sponsored FIDE, the International Chess Federation, has become the first global sports federation to launch its own NFT marketplace. It announced a partnership with core developers of the Everscale Network (ex-FreeTON), TON Labs, to launch ChessNFT.com – a new chess non-fungible token (NFT) ecosystem. Full marketplace functionality is scheduled for later this month, to coincide …

As Bitcoin Soared Past $68K, Plan B Says Floor Model Shows BTC Reaching ‘$100K This Year’

On November 8, 2021, the price of bitcoin reached an all-time high of $68,564 per unit at 10:57 p.m. (ET) on Monday evening. Meanwhile, Plan B, the creator of the bitcoin price model called stock-to-flow (S2F), has correctly predicted the last three months of bitcoin prices and recently said that based on the floor model …

Crypto’s climate impact: Are carbon offsets good enough?

As global leaders discuss what needs to be done to address the concerns surrounding climate change at the COP26 summit in Glasgow, Scotland, businesses throughout the world are looking to achieve carbon neutrality. Environmental impact has been a hot topic in the crypto sector with renaming it as being a top priority. Earlier this year, …

Crypto sustainability and green solutions highlighted at COP26

Cointelegraph’s Editor-in-Chief, Kristina Cornèr spoke at the United Nations Climate Change Conference, known as COP26, in Glasgow, Scotland, on Tuesday about the positive impact of the cryptocurrency ecosystem on environmental objectives. Arriving in Scotland’s second-largest city following panel hosting duties at Lisbon’s Web Summit last week, Cornèr spoke on a wide range of topics ranging from …

These publicly traded firms are pulling institutions into crypto

Cryptocurrencies have quickly emerged as one of the hottest investment vehicles of the past decade, gaining traction first from retail traders, as seen in 2017, and now from institutional investors. From being a domain of bedroom coders to a growing financial sector with over $2 trillion in market capitalization, the crypto space has seen a …

Blockchain service provider Nansen to integrate Solana data analytics

Blockchain data provider Nansen has announced the planned integration of a Solana dashboard to provide extensive insights to institutional and retail investors seeking to identify emerging trends in networks like the decentralized finance (DeFi) and nonfungible token (NFT) markets. Scheduled to commence in the first quarter of 2022, the Solana function is set to augment …

Cryptos Backed by Gold Unlock Next Wave of Innovation Across the Investment Landscape

Bitcoin and Ethereum have been leading the crypto market rally in 2021, bringing huge profits to investors. But that all changed when Elon Musk posted a tweet merely hinting that he’s fallen out of love with the world’s top digital currency. On top of that, China’s central bank announced that all transactions involving cryptocurrencies are …

BlockFi files with the SEC for a Bitcoin-backed ETF

The US Securities and Exchange Commission (SEC) has been refraining from offering an exchange-traded fund backed by Bitcoin. Last month, the regulator approved a futures-based ETF. BlockFi is a DeFi lending platform, and it has joined the list of firms that have filed applications with the regulator to no avail. BlockFi pushing for Bitcoin ETF …

Basic Attention Token Price at $1.24 after 24.2% gains – How to buy BAT

Basic Attention Token (BAT) has been making major gains across the crypto charts. It has been among the best gainers during the past 24 hours, following the major developments happening across its network. Nevertheless, it is still below the all-time high created in April. BAT is trading at $1.24 at the time of writing after …

DAY LONG NEWS ROUNDUP: LATEST NEWS 09/11/21

Here are the top headlines which are affecting the blockchain and crypto space on 09/11/21 so you can stay informed on the latest updates. Bitcoin records a new ATH surpassing $67K Back in October 20, 2021, the largest cryptocurrency in the world by market capitalization, Bitcoin recorded an all time high. Soon afterwards, only yesterday, the coin …

Former Citigroup CEO Says Every Large Bank Will Consider Trading Crypto Assets: Report

A former chief executive officer at investment giant Citigroup is predicting that all major financial institutions will consider trading crypto assets. Vikram Pandit, who led Citigroup from 2007-2012, says in a Bloomberg interview that in the coming years, he sees large financial players exploring the idea of offering services related to crypto assets. “[In] one …

Top Crypto Strategist Says One Ethereum Challenger Looks Insanely Bullish, Predicts Rallies for Four Other Crypto Assets

A closely followed crypto analyst and trader says one explosive altcoin continues to look bullish while predicting rallies for four additional crypto assets. Trader Scott Melker tells his 673,200 Twitter followers that he expects smart contract platform Avalanche (AVAX) to print a fresh all-time high above $100 after retesting key support around $80. “New all-time …

Russia to change laws for digital ruble, while central bank mulls 2022 prototype

On Tuesday, Elvira Nabiullina, governor of Russia’s central bank, said that the country will have a prototype of its digital rouble platform ready by early 2022 and will roll it out for trial use next year before making a final decision on whether or not to release its own digital currency, according to a Reuters …

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