Cryptocurrency Analysis and News Portal
U.S Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Richard Durbin (D-Ill.) and Sheldon Whitehouse (D-R.I.) asked the Office of the Comptroller of the Currency to rescind interpretative letters allowing banks to engage in crypto activities, and explain how involved banks are becoming in crypto. Original Source
Read More
CleanSpark got its start in 2014 providing energy products to homes and businesses. It entered bitcoin mining in 2020, according to the company website. Today, more than 90% of revenue comes from bitcoin mining, CEO Zach Bradford said during Tuesday's earnings conference call. Source
Read More
The guidelines from the international organization of securities regulators and BIS’ global payments group set out arrangements for systemically important stablecoins. Original Source
Read More
Latest report from international data protection and privacy authorities has identified credential stuffing as a significant and growing cyber threat to personal information. Credential stuffing is a cyber-attack method that exploits people’s tendency to use the same username and
Read More
The New York State Department of Financial Services (DFS) on Wednesday released regulatory guidance for U.S. dollar-backed stablecoins issued by DFS-regulated entities. According to a DFS statement, it is the first regulator in the United States to impose such expectations on a stablecoin issuer.The requirements in the guidance concern redeemability,
Read More
“As we think about stablecoins and this guidance, and this is something we have been working on before the events of last month, really our goal is to accomplish those things for the stablecoin market, the safety and soundness of institutions, stability of the marketplace and consumer protection,” she said. Original
Read More
BaFin’s guidance confirmed candidates will be asked for details of their IT systems and processes, and senior staff vetted for business experience – albeit acknowledging that it’s a new sector where experience is thin – and pay a fee of 6,336 euros ($6,745). Original Source
Read More
The leader in news and information on cryptocurrency, digital assets and the future of money, CryptoX is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CryptoX is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies
Read More
The miner now sees 2022 hashrate at 5.5 EH/s from previous guidance of 3.7 EH/s. Source
Read More
Marathon Digital (MARA), one of the largest publicly traded bitcoin miners, is still on track to meet its hashrate guidance of 23.3 exahash per second (EH/s) by early 2023, despite a 45-day delay in deploying its mining rigs during the first quarter, the company said in a statement Monday. Original Source
Read More