CFTC Chairman Confirms Bitcoin, Ether Are Commodities
The chairman of the U.S. Commodity Futures Trading Commission (CFTC) says he is certain bitcoin and ether are commodities. He outlined how his agency is working...
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Crypto Mining Farm Uncovered in Russia’s Oldest Prison
Russian law enforcement officials are investigating a crypto mining operation at Butyrka, Russia’s oldest prison. A deputy warden has been accused of stealing electricity to mint...
OpenSea has announced the launch of a new web3 marketplace protocol Seaport
OpenSea, the popular NFT marketplace, has introduced Seaport, a new web3 marketplace protocol for safely and efficiently buying and selling NFTs. Users can now barter for...
Binance Adds Support for Layer2 Ethereum Scaling Solution Optimism
The world’s largest cryptocurrency exchange Binance today announced that it has integrated the layer-2 scaling solution Optimism.However, the exchange only supports deposits at this time; withdrawals...
Almost 1 trillion leaves crypto market in 2022 wiping over 40 of the industry’s capitalisation
Notably, the overall value of the global cryptocurrency market cap was $2.2 trillion on January 1, 2022, but as of the time this article was published...
Trade Minister Expects Russia to Legalize Cryptocurrency
Cryptocurrencies will be eventually legalized, a member of the Russian government has opined. The question is when this will happen, Trade Minister Denis Manturov stated as...
CZ Binance Wants to Apply for a Crypto License in Germany
Changpeng Zhao – CEO of the digital asset exchange Binance – revealed that the company seeks to obtain a license from the German regulators and settle...
Vitalik Buterin Wants Ethereum To Be A More Bitcoinlike System
Vitalik Buterin, the co-founder of the Ethereum blockchain, said he faces a contradiction between wanting his blockchain to be more of a Bitcoin-like system and realizing...
Global financial regulators will discuss crypto at G7
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators.Central bank governors...
Sam BankmanFried Bitcoin Isn’t A Viable Payment Network
Sam Bankman-Fried, the Billionaire founder and CEO of crypto exchange FTX, believes that Bitcoin has no future as a payment network.He attacked the proof-of-work algorithm’s high...
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