One of the biggest Ethereum whales in existence just bought a large bag of Dogecoin competitor Shiba Inu as SHIB becomes the most widely held altcoin among the largest ETH investors. First spotted by blockchain tracking service WhaleStats, the entity known as BlueWhale0073 scooped up over 220 billion SHIB worth over $5,781,999. The whale’s wallet …
Monthly archives: April 2022
Github suspends accounts of Russian developers linked to sanctioned firms
Major developer platform Github has reportedly blocked more than a dozen accounts of Russian developer’s associated with organizations sanctioned by the United States government. The sanctioned accounts include some of the largest banks in Russia: Sberbank and Alfa-Bank, as well as individual developers with links to the sanctioned firms. However, many individual accounts with no links …
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Iran to stiffen penalties for illegal use of subsidized energy in crypto mining
The Iranian government will increase penalties for the use of subsidized energy in crypto mining. The move marks another step in the tightening of mining regulation in the country that had faced energy shortages in recent years. On April 16, the Tehran Times reported, citing the country’s Power Generation, Distribution, and Transmission company, that the government …
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Russian bankers reportedly want to outlaw noncustodial crypto wallets
A major Russian banking association wants to criminalize keeping your own cryptocurrency keys. The Association of Banks of Russia, an organization including more than 300 Russian banks and financial institutions, has called on lawmakers to criminalize storing crypto outside of centralized exchanges on noncustodial wallets, local news agency Izvestia reported on Monday. In contrast to …
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NFTs offer astronauts ‘new outlet’ to share experiences, says spaceman Scott Kelly
After celebrities, athletes and politicians jumped into the nonfungible token (NFT) mania, the growing industry has pulled in a veteran astronaut to share his time in space through NFTs. In a Cointelegraph interview, Scott Kelly, a retired United States astronaut, shared that he has a “growing curiosity” about blockchain technology and NFTs. According to Kelly, …
Billionaire Mark Cuban’s Ethereum Wallet Gives A Glimpse Of The Investor’s Eccentric Crypto Choices
Mark Cuban’s Ethereum wallet currently holds $455,427 worth of assets including cryptocurrencies such as Ethereum, OCEAN, and RARI. Apart from ETH, Cuban also holds 260,462 USDC which spans 54% of his crypto portfolio. Hotshot tech entrepreneur and billionaire Mark Cuban’s Ethereum wallet gives us a glimpse of his latest crypto selections, including crypto assets that …
Bill ‘On Digital Currency’ Caps Crypto Investments for Russians, Opens Door for Payments
Russia’s recently revised bill “On Digital Currency” limits crypto purchases for non-qualified investors while providing legal ground for some cryptocurrency payments, according to local media. The draft law, proposed by the Russian finance ministry, also introduces strict requirements for platforms operating with digital assets. Russian Citizens Who Don’t Pass Test to Buy Only $600 Worth …
Argentinian Securities Regulator Launches Innovation Hub to Discuss Regulated Crypto Investments
The National Securities Commission (CNV), which is the Argentinian securities watchdog, recently launched an innovation hub with the goal of advancing conversations about cryptocurrency and fintech investments. This organization will serve as a link between private entities and the institution, to advance new fintech and crypto-regulated instruments to the market. Argentinian Securities Regulator Assigns Fintech …
Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals
A bitcoin ATM operator has been indicted in New York for running an illegal business “marketed towards individuals engaged in criminal activity.” The district attorney in charge described: “Robert Taylor allegedly went to great lengths to keep his bitcoin kiosk business as secret as possible to attract a clientele that would pay top dollar for …
Billionaire Mark Cuban Is Making Big Changes to His Crypto Portfolio – Here’s a Look at His Ethereum Wallet
Billionaire Mark Cuban’s Ethereum wallet is offering a glimpse at the Shark Tank investor’s latest crypto portfolio shuffle. According to Ethereum search engine EtherScan, ETH remains the top asset in Cuban’s wallet, but Circle’s USDC stablecoin has now appeared at the number two spot. At time of writing, there is currently 260,462 USDC in Cuban’s …
US dollar strength mimics 2020 Coronavirus crash — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts a new week with all quiet on traditional markets but a storm brewing in crypto. As the Easter long weekend continues for the United States and much of Europe, traders are keenly eyeing whether Bitcoin can stay stable for four days without professional investor involvement. So far, the picture has not favored …
Nifty News: Hyundai partners with Meta Kongz, Activision surveys on NFTs, and more
South Korean automobile manufacturer Hyundai announced today, April 18th, that it has partnered with the Meta Kongz NFT project to create a limited collection of 30 NFTs launching sometime in May 2022. Hyundai also created a new Twitter handle @Hyundai_NFT for its NFT-related communications and posted a video showing an animated Meta Kong riding through …
Terra’s UST flips BUSD to become third-largest stablecoin
UST market cap has surged to flip BUSD, however, its trading volumes are still only around one-fifth worth of the Binance digital dollar. The Terra (LUNA) blockchain’s algorithmic stablecoin Terra USD (UST) has flipped Binance USD (BUSD) to become the third-largest stablecoin on the market. UST is a USD-pegged stablecoin that was launched in September …
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Beanstalk Farms loses $182M in DeFi governance exploit
Credit-based stablecoin protocol Beanstalk Farms lost all of its $182 million collateral from a security breach caused by two sinister governance proposals and a flash loan attack. The problem for the protocol was seeded by suspicious governance proposals BIP-18 and BIP-19 issued on April 16 by the exploiter that asked for the protocol to donate …
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MetaMask warns Apple users over iCloud phishing attacks
ConsenSys-owned crypto wallet provider MetaMask has sent out a warning to the community regarding Apple iCloud phishing attacks. The security issue for iPhone, Mac, and iPad users is related to default device settings which see a user’s seed phrase or “password-encrypted MetaMask vault” stored on the iCloud if the user has enabled automatic backups for their …
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