These so-called ‘mixer’ services are supposedly a way to make crypto transactions more private, but they’re being used to obscure criminal funding. ( read original story ...)
Russia is banning crypto payments
Russian president Vladimir Putin signed a law Friday banning the use of crypto payments for goods and services. ( read original story ...)
Democrats release ‘disturbing’ crypto mining investigation
Lawmakers found crypto mining is responsible for a "significant — and rapidly growing — amount of carbon emissions." And they want the EPA to do something about it. ( read original story ...)
Leaked emails: Crypto exchange Coinbase is ‘temporarily shutting down’ its US affiliate-marketing program
Embattled crypto exchange Coinbase will be temporarily shutting down its affiliate-marketing program on July 19. ( read original story ...)
Lawmakers: US Crypto-Mining Companies Need to Disclose Energy Usage
Little is known about the full scope of cryptomining activity,' lawmakers including Sen. Elizabeth Warren tell the Department of Energy and the Environmental Protection Agency. ( read original story ...)
Japan to Forgo Setting Ceiling on Next Year’s Defense Spending – Nikkei
Japan's government will forgo setting a ceiling on defense spending in next fiscal year's annual budget, the Nikkei newspaper reported on Saturday. The government usually sets a ceiling on spending ... ( read original story ...)
Crypto winter is the time to build, a Polygon co-founder says
Antoni Martin, enterprise lead at Polygon, wasn’t happy about the crypto crash. But he thinks that this is the time to “differentiate between speculation and build.” He’s done his own share of ... ( read original story ...)
Can NFTs Weather the Crypto Winter Amid OpenSea Layoffs?
About 1 in 5 employees at OpenSea have been laid off, according to CEO Devin Finzer. In total, the company cut 20% of its workforce. Finzer posted a screenshot of a slack message, where he discussed ... ( read original story ...)
SEC chief Gary Gensler says the agency could consider exemptions for crypto firms from some rules to encourage compliance
"The public is largely unprotected due to non-compliance in this space," Gensler said in an interview with Yahoo Finance on Friday. ( read original story ...)
Why is crypto crashing? NFT marketplace OpenSea announces significant layoffs.
The current crypto collapse results from macroeconomic factors, including the U.S. Federal Reserve raising interest rates to counter inflation. ( read original story ...)
Celsius Network: crypto firm reveals $1.2bn deficit in bankruptcy filing
Company says it was faced with ‘run on the bank’ amid ‘cryptopocalypse’ as investors raced to withdraw assets ... ( read original story ...)
Some venture investors are doubling down on crypto despite an unknown recovery timeline
The crypto markets might be red all over, but that isn’t stopping many venture capitalists from investing in the space. ( read original story ...)
Crypto: Disney Bets on Mark Cuban Protege
Disney has amusement parks, a film studio, television channels (ABC, ESPN...) a streaming platform (Disney+), iconic characters like Mickey Mouse. And last but not least, Disney is a brand known ... ( read original story ...)
Crypto voices: investors speak about the market shock
Criminals using bitcoin on the Silk Road, the online black market for illegal goods like drugs and weapons, have tainted the cryptoasset’s reputation for years. But for Neil Baker, it was the bust of ... ( read original story ...)
Speculative moves behind rapid yen weakening, warns Japan finance minister
TOKYO: Japanese Finance Minister Shunichi Suzuki warned on Friday (Jul 15) against "speculative moves" seen behind a rapid yen weakening, using the strongest wording to date as the yen weakened to ... ( read original story ...)
Japan finance minister warns vs speculative moves behind rapid yen weakening
"I'm concerned about recent sharp yen weakening," Suzuki told reporters, adding that the government would liaise with the Bank of Japan while closely watching currency moves more urgently. "We will ... ( read original story ...)