US President Biden to Issue Executive Order on Crypto This Week: Report

U.S. President Joe Biden is reportedly expected to issue an executive order on cryptocurrency this week. It will direct a wide range of government agencies to come up with a government-wide strategy... Read more »

Opensea CEO Dismisses $200 Million Hack Rumor, Claims Incident Was a Phishing Attack

Opensea co-founder and CEO, Devin Finzer, has denied rumors that the non-fungible token (NFT) marketplace’s codebase was breached and that attackers had stolen $200 million. According to Finzer, an investigation had shown... Read more »

UAE Prepares to Launch Nationwide Crypto Licensing System in Line With Global Standards

The United Arab Emirates (UAE) is getting ready to start issuing federal licenses to cryptocurrency service providers in the first quarter. The UAE crypto regulation will take a hybrid approach. The government... Read more »

Fed Bans Senior Officials From Cryptocurrency Investing

The Federal Reserve has banned its senior officials from investing in cryptocurrency. “Officials covered by the new rules will have 12 months from the effective date of the rules to dispose of... Read more »

Russian Finance Ministry to Draft 2 Crypto Laws as Central Bank Prepares Own Bills

The Russian Ministry of Finance has proposed the adoption of two pieces of legislation aimed at regulating cryptocurrencies. The drafts will be presented for public discussions expected to continue until March 18.... Read more »

Russia’s Economy Ministry Calls for Introducing ‘Acceptable’ Electricity Rates for Miners

The Ministry of Economic Development of Russia has suggested that crypto mining should be allowed in energy-rich regions and miners provided with access to inexpensive electricity. The department has joined calls to... Read more »

Cardano Foundation Doubles Reward Offered to Hackers for Uncovering Bugs on Its Blockchain

The Cardano Foundation recently said it has doubled the payout offered to hackers and bounty hunters that identify bugs or vulnerabilities within the Cardano blockchain. The foundation said the six-week promotion, which... Read more »

US Lawmakers Introduce Bill to Mitigate Risks From El Salvador Adopting Bitcoin as Legal Tender

Several U.S. lawmakers have introduced a bill to mitigate the risks from El Salvador adopting bitcoin as legal tender. “El Salvador recognizing bitcoin as official currency opens the door for money laundering... Read more »

Bitcoin Hashrate Hits Another Milestone, Network’s Mining Difficulty Taps 13-Year High

The processing power backing the Bitcoin network has continued its upward momentum tapping another all-time high (ATH) on February 15, 2022, at 249 exahash per second (EH/s). Following the latest ATH, the... Read more »

Study: 68% of Americans Aware of Risks Involved With Cryptocurrencies

Nearly seven out of ten surveyed Americans said they were aware of risks that are associated with cryptocurrencies, a new study by Nordvpn has found. However, about 32% of the respondents said... Read more »