Georgia to Update Crypto Regulations to Incorporate EU Rules, Legalize Industry

The government of Georgia has approved amendments to the legal framework for the Caucasian nation’s financial sector, including additional regulations for crypto and fintech activities. The move aims to align Georgian law... Read more »

The Fed will huff and puff and blow your house down as it begins quantitative tightening

Quantitative easing (QE) has become synonymous with the COVID-19 pandemic as the blowout from the lockdowns stalled the growth of the global economy and threatened to turn into a financial crisis. To... Read more »

MakerDAO’s Christensen Pushes “Endgame Plan” to Save DAI From Attack

Key Takeaways Following the Treasury Department’s move to sanction Tornado Cash earlier this month, MakerDAO co-founder Rune Christensen has proposed an “Endgame Plan” to save DAI from regulatory capture. The plan would... Read more »

Tens of Celsius clients ask US court to recover $22.5M in crypto

The bankrupt cryptocurrency lender Celsius is facing more legal issues as disgruntled clients are taking action to recover their funds after the platform froze withdrawals in June. An ad hoc group of... Read more »

FBI Profiles Top 10 Most Wanted Fugitive ‘Crypto Queen’ Ruja Ignatova of Onecoin Scam

The Federal Bureau of Investigation (FBI) profiled the Onecoin cryptocurrency scam and its co-founder Ruja Ignatova, aka “Crypto Queen,” in a new podcast. Onecoin was one of the world’s biggest crypto scams... Read more »

Crypto startup wins cybersquatting dispute against Deloitte

Crypto startup Don’t Know Your Customer has managed to avoid a cybersquatting complaint brought by accounting giant Deloitte over its domain name. Web3 design  and branding firm Penultimate Media Systems registered DontKYC.com... Read more »

Bitcoin holds $20K, but analysts say BTC open interest leaves room for ‘more deleveraging’

Bitcoin (BTC) price continues to struggle at $20,000 and repeat dips under this level have led some analysts to project deeper downside in the short-term. Earlier in the week, independent market analyst... Read more »

Ticketmaster Will Issue NFTs on Flow

Key Takeaways Ticketmaster publicly unveiled its NFT program today after a quiet six-month pilot program. The company will issue NFTs on Flow, an NFT-centric blockchain developed by Dapper Labs. Ticketmaster has plans... Read more »

Crypto Farms Mining at Russian Oil Fields Reach 85 MW of Capacity, Analysts Say

Farms mining cryptocurrency at oil wells in Russia account for 85 megawatts (MW) of energy capacity, experts have estimated. Investors are considering projects for another 200 MW despite constraints stemming from Western... Read more »

Bitcoin price clings to $20K as analyst says Fed ‘buried’ soft landing

Bitcoin (BTC) fluctuated around the key $20,000 mark into Aug. 31 as the outlook on United States inflation darkened. Data from Cointelegraph Markets Pro and TradingView showed BTC/USD again dipping below the... Read more »