Tag: banking

Elizabeth Warren and other Democratic members of Congress sent a letter to two federal regulators, urging them to take action on the explosion of Bitcoin mining in the US. Sent to the heads of the ... ( read original story ...)

JPMorgan analysts have warned bitcoin's cost of production has dropped by more than $10,000 per bitcoin in just over a ... ( read original story ...)

In addition, as Protocol notes, the new law also requires crypto exchanges and providers to refuse transactions in which digital transfers can be interpreted as a form of payment. The new law states: ... ( read original story ...)

Resale prices for the most popular variant of the Cosmograph fell 16% from their peak in April, but experts say top models are still resilient. ( read original story ...)

Japanese Finance Minister Shunichi Suzuki said on Saturday Group of 20 (G20) finance leaders reaffirmed their agreement on currency policy, and warned that recent yen moves were volatile."We're seeing ... ( read original story ...)

Investors rushed to startups offering cryptocurrencies backed by carbon-offset credits, then the markets tanked. ( read original story ...)

Shinzo Abe, who was assassinated while addressing an election rally in Nara in western Japan on July 8, was not only a former prime minister－the longest-serving prime minister－of Japan but also one of ... ( read original story ...)

We’re about to find out the hard way just how protected crypto investors are in the event of collapse of crypto firms, as crypto is being put on trial in bankruptcy courts for the first time. ( read original story ...)

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 ...)

Russian president Vladimir Putin signed a law Friday banning the use of crypto payments for goods and services. ( read original story ...)

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 ...)

Embattled crypto exchange Coinbase will be temporarily shutting down its affiliate-marketing program on July 19. ( read original story ...)

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'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 ...)

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 ...)

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 ...)