The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The document, released by the Reserve Bank’s Prudential Authority, advises banks to employ anti-money laundering and […]
Although there is still an apparent lack of women in the Web3 sector, blockchain-based games geared toward women may help drive inclusivity. A recent report from the Entertainment Software Association found that 48% of gamers […]
The crypto community is patiently waiting for the highly anticipated Ethereum network upgrade from proof-of-work (PoW) to proof-of-stake (PoS) as The Merge is expected to happen 27 days from now. After Ethereum transitions from PoW […]
“These statements appear to contain false and misleading representations that uninsured products are insured by the FDIC, as well as false and misleading statements about the extent and manner of protection provided by FDIC deposit […]
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Key Takeaways The FDIC says FTX.US and its President, Brett Harrison, have made false claims about the exchange’s deposit insurance status. The agency is calling on Harrison and FTX.US to cease-and-desist from making statements implying […]
Key Takeaways Polygon has patched a “high severity” bug that would have allowed an attacker to drain all the funds from the deposit manager contract. Niv Yehezkel, who discovered and reported the bug, was rewarded […]
Power needs of cryptocurrency miners in Russia have grown significantly since 2017, with consumption of electrical energy seeing a 20-fold increase over the five-year period. In 2021, the minting of the coin with the largest […]
Bitcoin Faces Stiff Resistance as It Targets Crucial Support at $22K – August 18, 2022 Bitcoin (BTC) has slumped below the 21-day line SMA as it targets crucial support at $22K. The cryptocurrency is likely […]
FDIC sent the cease and desist letter to five companies, including FTX US and mentioned alleged misleading tweets from FTX US president Brett Harrison. The agency wants the crypto company to ensure any misleading details […]
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