Tag: america

Reading Time: 2 minutes DeFi lending platform BlockFi has seen one of its products labelled a security by regulators in three states Alabama and Texas have claimed the company’s BIA instrument contravenes securities laws New...

Reading Time: 2 minutes Former Ethereum developer Virgil Griffith is behind bars having violated his bail conditions Griffith, who travelled illegally to North Korea to speak at a blockchain conference in 2019, accessed his Coinbase account in May Griffiths allegedly...

Reading Time: 2 minutes Three U.S. lawmakers have written to the U.S. Olympic and Paralympic Committee to request that athletes do not use the digital yuan at the 2022 Winter Olympics in Beijing The senators are concerned about the tracking powers of the new currency...

Reading Time: 2 minutes John McAfee was indeed “broke” when he died according to a Scottish author Mark Eglinton spent six months on the run with McAfee, interviewing him about his life and philosophies McAfee spent most of his money on properties, some of which he had...

Reading Time: 2 minutes According to the "Crypto-Ready Index," the United States is the most "crypto-ready" nation worldwide. The U.S. managed to score 7.3 out of 10 in the Crypto Head index. Following the U.S., other crypto-ready countries are...

Reading Time: 2 minutes Former U.S. Treasury Secretary Steve Mnuchin has said that it’s “perfectly fine” for people to own Bitcoin Mnuchin called misuse of Bitcoin a “national security issue” when he was in office Mnuchin pushed for greater regulation of...

Reading Time: 2 minutes China’s development of their digital yuan has continued in recent weeks, leaving western nations floundering The digital yuan will soon be accepted on Beijing’s subway and rail systems, and soon Chengdu’s transport system Western countries should...

Reading Time: 2 minutes Authorities in Ohio last week sold 500 seized bitcoin for $19.23 million, the largest net forfeiture in Northern District of Ohio’s history The bitcoin was seized from Mark Simon in 2018 and was sold to an unknown buyer The sale netted Ohio a...

Has America strayed from its founding ideals? An activist and a refugee think Bitcoin can help it get back on track.Today, Americans celebrate 245 years of independence from the British Empire.On this day in 1776, our Founding Fathers declared:“We … the Representatives of the united States of America … in the Name, and by Authority of the good People...

Reading Time: 2 minutes Brian Nelson, Treasury Undersecretary for Terrorism and Financial Intelligence, has said that one of his priorities is regulating cryptocurrency Nelson said that it was important to tackle illegal activity while ensuring innovation did not leave the...

Reading Time: 2 minutes The death of John McAfee in a Spanish jail yesterday is likely to have been a suicide McAfee was adamant he wouldn’t get a fair trial in the U.S. and had probably planned this end as soon as he was arrested Conspiracy theories have linked his...

Reading Time: 3 minutes John McAfee, once the go-to guy for crypto pumping, has been in a Spanish jail for nine months awaiting an extradition hearing McAfee’s case has been delayed following a foul up by Spanish authorities McAfee claims he is broke, but he likely has...

Reading Time: 2 minutes The SEC recently published its spring 2021 agenda, but cryptocurrency reform was not on it The agenda outlined the agency’s revised short- and long-term goals which were varied but did not mention the cryptocurrency markets New SEC boss Gary...

Reading Time: 2 minutes Meat giant JBS paid hackers an $11 million ransom recently after they infiltrated the company’s systems JBS paid the ransom despite having encrypted backups that allowed them to get their systems back online Could the FBI have been behind the...

Reading Time: 2 minutes Commodity Futures Trading Commission (CFTC) commissioner Dan Berkovitz has claimed that DeFi derivatives platforms contravene financial law Berkowitz called unregulated DeFi derivatives platforms “a bad idea” Regulating decentralized entities...

Reading Time: 2 minutes The IRS commissioner has asked for extra tools and resources to track crypto tax dodgers Charles Rettig admitted that the IRS is struggling to adequately tax the crypto space, leaving a $1 trillion tax gap...

Reading Time: 2 minutes An FBI-led operation has recovered 85% of the $4.5 million in bitcoin paid to the Colonial Pipeline hackers last month Hacking group DarkSide thought they had got away with ₿75 after infiltrating Colonial in May...

Allan Stevo, U.S. Senator Cynthia Lummis (R-WY) and Rep. Warren Davidson (R-OH) discussed their ideas for bringing innovation to America.This conference session took place on day one of the Bitcoin 2021 conference in Miami on June 4 and 5. Make...

Reading Time: 2 minutes Two ransomware payments have set a “dangerous precedent” according to a prominent American politician U.S. Representative Carolyn Maloney criticized the payouts and asked for details of the transaction The U.S. has also elevated ransomware...

Reading Time: 3 minutes The SEC vs Ripple case has already had a big impact on the price of the XRP token There are three likely outcomes in the case, all of which will probably result in the XRP token booming Only closure of the company will have a negative impact on...