Sunday, April 28, 2024

Crypto Industry Direly Needs Specialized Education, Says Ripple Exec

Cryptocurrency firm Ripple’s head of social impact Ken Weber is confident that universities around the world must expand their education programs to offer blockchain and digital assets training courses that directly relate to actual roles in the industry.Blockchain workforce demand exceeds the supplyWeber addressed the lack of qualified blockchain

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Bitmain Increases Crypto Mining Capacity by 50% with 600K New Mining Chips

According to reports in the Chinese news media, a person close to the crypto mining giant Bitmain has divulged that the semiconductor manufacturing company has recently placed new hardware orders in the overall sum of 600,000 cryptocurrency mining machines. With these additional crypto mining chips, Bitmain is anticipated to increase

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US State Secretary Pompeo: Same Regulatory Framework to Crypto as SWIFT Is Required

U.S. Secretary of State Michael Pompeo expressed his belief that cryptocurrencies and other crypto assets should be regulated in the same way that SWIFT and other financial institutions are. He made these comments in an interview with CNBC’s Squawk Box on Tuesday (transcript).Regulation of crypto assets has been a hot

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Bank of England Governor Suggests Cryptocurrency Could Replace the US Dollar

The U.S dollar is arguably the most popular currency today. Controlled by the most powerful country in the world, the U.S. dollar currently holds a substantial influence over trade across the globe. But according to the Bank of England governor, cryptocurrency might take its place.The governor of the Bank of

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US Treasury Blacklists Bitcoin Addresses Affiliated with Chinese Drug Lords

Three Chinese nationalists have been charged under the Foreign Narcotics Kingpin Designation Act (Kingpin Act) by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) and Treasury’s Financial Crimes Enforcement Network (FinCEN). The accused were using cryptocurrencies for money laundering.According to the allegations, the three manufactured and

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