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Crypto mining lobby group to dispel misconceptions in Washington DC: Founder

The United States crypto mining industry is getting a new lobbying group, with one of its biggest goals to dispel misconceptions about its sustainability from policymakers. Launched on Aug. 15, the Digital Energy Council said its aim is to advance policies that encourage the growth of digital asset mining and energy

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Cameron Winklevoss’ Gemini Rebuts Digital Currency Group Legal Filing Amid Dispute

On Thursday, DCG argued that Gemini’s fraud accusations over the Gemini Earn service should be tossed out, asserting that DCG had “virtually nothing to do with” the program. In a Friday post on X, the social-media service formerly known as Twitter, Cameron Winklevoss said, “This is a direct admission that

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CoinsPaid claims North Korean hacking group used fake job interview to steal $37M

Estonia-based cryptocurrency payments firm CoinsPaid suspects North Korean hackers with the Lazarus Group gained access to its systems through fake recruiters targeting employees.In an Aug. 7 blog post, CoinsPaid said an exploit that allowed hackers to steal more than $37 million on July 22 was the result of tricking one

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Sarah Breeden, CBDC Working Group Member, Appointed Bank of England Deputy Governor

Breeden, who was on the BoE's Central Bank Digital Currency task force, will officially take over Cunliffes role on Nov. 1, 2023, where she will sit on the financial policy, monetary policy and the prudential regulation committees and "play a key role in providing a link between financial stability and

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US banking advocacy group support Sen. Warren’s reintroduced crypto bill

United States banking advocacy group, Bank Policy Institute, has backed Senator Elizabeth Warrens’ legislation aimed at tackling financial crime, which she first introduced several months ago.According to a July 28 Bloomberg report, Warren reintroduced the bill – titled 'Digital Asset Anti-Money Laundering Act of 2023' – on July 28, along with West

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Japanese Web3 developer HashPort Group raises $8.5M in funding round

Japanese blockchain developer HashPort has raised 1.2 billion Japanese yen ($8.5 million) in a Series C funding round led by Sumitomo Mitsui Banking Corporation, The University of Tokyo Edge Capital Partners and Japanese billionaire entrepreneur Yusaku Maezawa. The new round brings HashPort’s total funding to 2 billion yen ($14.2 million). According

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Crypto payment gateway CoinsPaid suspects Lazarus Group in $37M hack

Cryptocurrency payments platform CoinsPaid has pointed the finger at North Korean state-backed Lazarus Group as being behind the hacking of its internal systems, which allowed them to steal $37.3 million on July 22.“We suspect Lazarus Group, one of the most powerful hacker organisations, is responsible,” CoinsPaid explained in a July

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