The US Executive Office has finally published its long-awaited order on cryptocurrencies. Much to the market’s relief, it contains no new regulations or restrictions. The document’s foremost purpose seems to be preparing the US authorities for the new financial world with a radically increased role of cryptocurrencies. The key takeaway from Joe Biden’s executive order…
Ukraine has received about $100 million worth of crypto donations, according to CoinDesk. The country also partnered with FT and Everstake to launch a new crypto donation website. FTX is converting crypto contributions to Ukraine’s war effort into fiat for deposit at the National Bank of Ukraine. Alex Bornyakov, Ukraine’s Deputy Minister for Digital Transformation,…
Blockchain-data analytics company Chainalysis announced a fast-tracked launch of two free screening tools to help provide sanctions oversight to the crypto industry. According to the blog post provided by Chainalysis on Thursday, the screening tools include two main components of new tracking software that will assist exchanges in screening wallets and transactions for activities that…
Aleo, the first decentralized, open-source platform to enable fully private and programmable applications, provides users access to a world of truly personalized web services without giving up control of their private data. As a blockchain that is private-by-default, open-source, and built for the web, Aleo is uniquely positioned to address the shortcomings of blockchain adoption….
Fir Tree Capital Management, a $4 billion New York-based hedge fund, is shorting Tether as the largest stablecoin in crypto faces down scrutiny from regulators and fears over ties to the Chinese debt market. According to Bloomberg, Fir Tree has constructed a way to short Tether in an “asymmetric trade.” That means the risk is…
The last time you dived headlong into the World Wide Web, you probably did so without as much as thinking about it. It has become natural for us: we are always online, our smartphones stay connected to the web, as do the computers we work on, our smart TVs, etc. And soon, the immersion may…