Crypto news

Der Kick-off zum grössten Innovationswettbewerb der Schweiz wurde live im Auditorium des Tagungs- und Eventcenters (TEC) im Haus der Wirtschaft (HDW) aufgenommen und an alle Beteiligten versendet. Innovative Unternehmen können sich noch bis zum 30. April 2023 zur Swiss Innovation Challenge (SIC) anmelden. Der Startschuss zur Swiss Innovation Challenge 2023 ist gefallen: Rund 100 Teilnehmende wurden mit einem Video zum Kick-off-Event aus dem Auditorium im HDW über die 9. Durchführung des...

Coinbase is on the brink of legal warfare with the Securities and Exchange Commission (SEC) to reach long-awaited clarity on how federal securities laws apply to the crypto industry, according to CEO Brian Armstrong.  Should the regulator situation not improve, the executive said the exchange would consider relocating away from the United States.  Will Coinbase Move Abroad? In an interview with CNBC on Tuesday, Armstrong called out “certain regulators” for taking a...

Securities and Exchange Commission (SEC) Chairman Gary Gensler testified before the House Financial Services Committee on Tuesday regarding the agency’s enforcement actions against the crypto industry over the past few months.  The chair was pressed for answers on how exactly he differentiates between crypto securities and crypto commodities, and recent difficulties for crypto firms to access financial services.  Where is the Clarity? In his opening statement, committee chair...

Brian Armstrong – Chief Executive Officer of Coinbase – thinks US and UK-based cryptocurrency entities could relocate to other countries if the domestic watchdogs do not implement proper legislation on the industry.  He also hinted that his exchange might consider such a move should the regulatory situation in the States remains the same. ‘Anything is on the Table’ According to Armstrong, the American and British authorities should enforce appropriate crypto rules to prevent...

Crowd Strike Holdings Inc. – a security research firm – has released a new report detailing what has been labeled the first crypto jacking campaign targeting the Kubernetes infrastructure. Crypto Jacking… Yup! It’s Still Around! Crypto jacking is (at this stage) an old method of illegally mining cryptocurrency. What one does is they place malware onto a specific site or application that a victim comes across. In visiting the website or in opening the app, the malware is...

Ethereum successfully implemented a long-awaited tech upgrade on April 12. Also known as Shapella – this upgrade enabled withdrawals for the first time from the proof-of-stake blockchain. A week later, the amount of staked Ether has now exceeded the number of ETH being withdrawn for the very first time. According to the on-chain analytic platform Nansen, withdrawal requests have taken a backseat while Ether is being staked at a fast pace. As of April 17th, the amount of ETH...

The infamous co-founder of Terraform Labs has reportedly lost his bid against the US Securities and Exchange Commission (SEC). The latter is now allowed to seek records from the Monetary Authority of Singapore (MAS) that could shed more details on how the 31-year-old developer managed Luna Foundation Guard and whether he had a hand in last year’s LUNA/UST collapse. Numerous agencies, watchdogs, and prosecutors alleged Kwon was the main culprit of the multi-billion crash. He...

Popular coin Bitcoin is up 80% in 2023 and is by far the year’s best-performing asset compared to gold and others. Bitcoin (BTC) bears might be flush with some humiliation as the leading crypto becomes the best-performing asset in 2023. Once again, BTC lived up to its billing as the leading digital asset, with bulls consolidating their ranks in the price tug-of-war. However, positive signs suggest that the world’s largest crypto by market cap is on an upward trajectory. Furthermore,...

Gaming fintech firm Zebedee – through its partnership with mobile gaming enterprise Fumb Games – has developed a game called Bitcoin Miner, a mobile application that simulates a crypto mining facility. This would be fun all in itself, but there’s even better news today in that the game has allegedly been played by more than one million people. Zebedee Hits a Milestone with Bitcoin Miner This is proof that everyone has caught, in one way or another, the crypto mining bug,...

[PRESS RELEASE – Please Read Disclaimer] The Easter eggs are still lying around the farm, prone to attack from invaders, so the trending question is, what can you do to protect and save the eggs? Well, 1xBit has come up with a plan on how you can help. Not only will you be saving eggs, but you will also get a chance to be rewarded with crypto for participating in the Easter Invaders’ Adventure tournament. The Easter Invaders’ Adventure is a tournament that will see...