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    Blockchain

    Coinbase Chooses Ireland as Main European Hub as Regulatory Pressure Continues in the US

    Digital asset exchange Coinbase is set to become a dominant player in the European market following the announcement of Ireland as its crypto hub in the continent.

    Bank of Finland Initiates Development of Finnish Instant Payment Solution Aligned with European Standards

    The Bank of Finland (BOF) has taken the lead in spearheading the development of a Finnish instant payment solution that aligns with European standards.

    Avalanche Blockchain Developer Looks to Expand in India, Hires Key Positions

    Ava Labs, the crypto firm supporting the Avalanche blockchain, is reportedly having plans to partner with Indian government agencies and institutions to expand its operations and help build applications on Avalanche (AVA).

    Binance France Director Steps Down Amid Ongoing Senior Leadership Exits

    Binance France's general manager has decided to step down from her role after one year and six months, adding her name to the list of senior executives to leave the largest crypto exchange this year.

    US Treasury Imposes Sanctions on Crypto Exchange Linked to Hamas Financing

    The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has imposed sanctions on a crypto exchange in Gaza that is involved in Hamas fundraising. 

    Central African Republic Arrests Crypto ‘Rug Pull’ Mastermind as Associates ‘Flee Country’

    Police in the Central African Republic think they have captured one of the alleged masterminds behind an apparent rug pull that left “hundreds” of citizens out of pocket.

    Aptos Resumes Network Activities After Five Hours; OKX and Upbit Temporarily Halt Transactions

    Layer 1 blockchain Aptos has announced normalcy to its operations following a five-hour outage that impacted trading activities including a temporary suspension from two exchanges. 

    Chainalysis Highlights Flawed Analysis in Assessing Crypto’s Role in Terror Financing

    Blockchain analytics firm Chainalysis has raised concerns over the accuracy of recent reports regarding the extent of cryptocurrency's role in terrorist financing.

    Russian ‘Crypto Queen’ Suspected of Sending Coins to Ukraine

    Russian police think that a “crypto influencer” known as Bitmama, aka the “Queen of Crypto,” may have sent tokens to support Ukraine’s military.

    Sen. Warren and 100 Other Lawmakers Question Biden on Terrorist Financing with Crypto

    Senator Elizabeth Warren (D-Mass.) has called on the Biden administration to address crypto's use as a terrorist financing tool. Her concerns were documented in a bipartisan letter signed by over 100 lawmakers, including Sen. Roger Marshall (R-Kan) and Rep. Sean Casten (D-Ill). 

    DeFi Protocol Elixir Raises $7.5M in Series A Round Led By Hack VC

    DeFi platform Elixir has secured $7.5 million in a Series A investment fund led by Hack Venture Capital, bringing the protocol’s valuation to $100 million. 

    Pennsylvania Rep Revises Energy Bill, Drops Crypto Mining Ban

    Greg Vitali, a member of Pennsylvania’s House of Representatives, has revised an energy conservation bill in the state, opting to drop a proposed two-year ban on crypto mining permits.

    The Intriguing Saga of Jimmy Zhong: The $3 Billion Crypto Thief

    Jimmy Zhong – the $3 billion Bitcoin (BTC) thief behind the Silk Road marketplace hack in 2012 – was ironically caught by investigators after trying to report another crypto thief to the police.

    EU Adopts DAC8 – New Cryptocurrency Tax Reporting Rule To Take Effect Soon

    European Union (EU) finance ministers approve new regulations requiring cryptocurrency firms to share data on customer cryptocurrency holdings with tax authorities.

    Reddit to Phase Out Blockchain-Based Community Point Tokens (MOON and BRICK) – What’s Going On?

    The popular social media platform Reddit announces plans to phase out and discontinue blockchain-based community point reward tokens (MOON and BRICK) by November. 

    Europe’s Data Agencies Express Concerns Over Privacy Standards with The Digital Euro

    The European Union (EU) data protection agencies have flagged possible areas concerning user privacy exposures of the proposed digital euro.