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Swedish regulators think crypto mining is impeding the Paris Climate Agreement goals. Norway is considering a crypto mining ban proposal put forth by two Swedish regulatory officials, Minister of Local Government and Regional Development Bjørn Arild Gram hinted in a Nov. 17 interview withEuronews. Norway is “currently considering potential policy measures” to address the “challenges related to crypto mining.” In...
The naming deal is one of the biggest in sports history, according to the L.A. Times. The Staples Center arena in Los Angeles will be renamed Crypto.com Arena on Christmas day, according to apress release. The Singapore-based crypto exchange bought the naming rights from AEG for 20 years, for $700 million,the L.A. Timesreported, citing sources familiar with the matter. The...
The decision did not come as a surprise given SEC chair Gary Gensler’s preference for a bitcoin futures ETF. The U.S. Securities and Exchange Commission (SEC)rejected investment firm VanEck’s proposal for a spot bitcoin exchange-traded fund (ETF) in a decision released on Friday. The agency had previously delayed its final decision on the proposal in September. In its letter, the...
Binance users say that the crypto exchange is not allowing them to make any withdrawals until they return the DOGE. Binance has temporarily suspended withdrawals of DOGE following an upgrade, the company said Thursday. “We discovered a minor issue with DOGE network withdrawals on Binance after carrying out aversion update on 2021-11-10,”Binance said in a post on Thursday morning without...
Launching a truly “global” stablecoin is likely to get more difficult in the coming year as a result of the guidance, which advises regulators to keep such projects on a short leash. The Financial Action Task Force (FATF)’s long-awaitedupdateto its guidance on virtual assets lays out a comprehensive set of guidelines to regulate the quickly evolving cryptocurrency space. With this...
Cryptocurrency’s combined market cap has tagged $3 trillion for the first time as top altcoins push into all-time highs. Cryptocurrency’s combined market cap has tagged $3 trillion for the first time as top altcoins push into all-time highs. With Bitcoin trading within 2% of itsall-time highwhile Ethereum, Solana, and Polkadot push into previously uncharted price ranges, CoinGecko estimates that the...
The mayor-elect said he plans to make New York the “center of the cryptocurrency industry” once he takes office in January. The mayor-elect said he plans to make New York the “center of the cryptocurrency industry” once he takes office in January. New York Mayor-elect Eric Adams revealed on Twitter on Friday he intends to take his first three paychecks...
ETH rallied above $4,500 to hit a new all-time high and BTC bulls broke the week-long downtrend to pull the price to $64,000. ETH rallied above $4,500 to hit a new all-time high and BTC bulls broke the week-long downtrend to pull the price to $64,000. Bullish volatility is on the rise and the newfound bullish momentum saw multiple tokens...
Withdrawals resumed about 25 minutes after the stoppage was announced, before being disabled and then resumed again. Binance, the world’s largest crypto exchange, temporarily disabled all crypto withdrawals for a time on Monday due to a large backlog. Withdrawals were resumed about 25 minutes after the stoppage was announced to customers on its Twitter account Monday. Twenty minutes after that...
Hundreds of Salvadorans say hackers opened Chivo Wallets with their ID numbers to claim the $30 bitcoin incentive dangled by Nayib Bukele’s government. At first, Cynthia Gutierrez refused to download Chivo, the digital wallet developed by El Salvador’s government for the use of bitcoin throughout the country and released on Sept. 7. She decided to open the app on Oct....