As the spotlight turns once again towards the environmental impact of blockchain technologies, support for the Crypto Climate Accord has come from curious corners of the industry, raising questions about its signatories’ motives. Authenticity of CCA’s Support Remains Debatable With concerns surrounding blockchain’s environmental impact garnering a lot of attention, the alarms have grown so […]
“Don’t Hold Us Accountable For Crypto Fraud” Banks Tell South Korean Authorities
South Korean banks have asked the financial authorities not to hold them accountable for money laundering or fraud involving digital currency. The request comes when banks are under pressure to screen digital exchanges amidst high volatility. A Problematic Amendment Banks in South Korea have been reluctant to issue real-name accounts for cryptocurrency exchanges’ virtual asset […]
Africrypt Directors Deny Allegations They Fleeced Clients as Doubts Over Actual Value Missing Bitcoins Grows
According to new reports, Raees and Ameer Cajee, the two young directors of the recently collapsed crypto investment firm, Africrypt, have “categorically denied” allegations they fleeced clients. Instead, the brothers insist their company is the victim of a hack while also claiming that the media may be overestimating the value of the missing bitcoins. These […]
Here’s why Solana(SOL) and Elrond(EGLD) Could Be Your Best Bet
The post Here’s why Solana(SOL) and Elrond(EGLD) Could Be Your Best Bet appeared first on Coinpedia – Fintech & Cryptocurreny News Media| Crypto Guide Since its debut, Ethereum has dominated the smart contract platform arena. While Cardano, Polkadot, and BSC try real hard to compete, Solana and Elrond are the actual dark horses in this […]
Smart cities are the future, but they might threaten privacy
Is it possible to build a sustainable IoT-powered smart city of the future, one that doesn’t have all the dystopian side effects? You might have heard the term “smart city” before — a futuristic, utopian idea that we might see implemented in the foreseeable future. Indeed, some metropolises — like Singapore, Seoul, Amsterdam, Oslo and […]
French Court of Appeals Upholds Alexander Vinnik’s Sentence
A court of appeals in France has upheld the verdict in the case against BTC-e operator Alexander Vinnik. His lawyers vowed to continue the legal struggle against Vinnik’s return to Greece in order to avoid a likely extradition to the U.S. Court Confirms Vinnik’s 5-year Sentence for Money Laundering The Court of Appeals of Paris […]
Crypto Weekly Roundup: China’s Crypto Crackdown, Marvel NFTs, And Africrypt Scam
With the crackdown in China tightening up against crypto mining, Bitcoin especially has had a rough week. So let’s do a quick roundup of everything else that happened this week. Bitcoin Cathie Wood of ARK Invest and Jack Dorsey of Square, Inc, will head up “The B Word” event this July, which will seek to […]
FCA Issues Consumer Warning On Binance Group
The U.K. Financial Conduct Authority (FCA) issued a consumer warning memo identifying Binance Markets Limited, and Binance Group, its parent organization, as a firm prohibited from undertaking any regulated activity within the U.K. The pronouncement follows imposition requirements set by the FCA, disabling Binance and any of its subsidiaries and related companies from undertaking regulated […]
FCA Issues Consumer Warning On Binance Group
The U.K. Financial Conduct Authority (FCA) issued a consumer warning memo identifying Binance Markets Limited, and Binance Group, its parent organization, as a firm prohibited from undertaking any regulated activity within the U.K. The pronouncement follows imposition requirements set by the FCA, disabling Binance and any of its subsidiaries and related companies from undertaking regulated […]
Bitcoin’s Hashrate Recoups Some Loss, 2021’s Largest Mining Difficulty Drop Expected Next Week
On Saturday, Bitcoin’s SHA256 hashrate managed to climb back above the 100 exahash per second region after it slid to a low of 91 EH/s three days ago. Meanwhile, in five days the network’s mining difficulty change is approaching and it could see the difficulty drop over 20%. Bitcoin Hashrate Climbs Back Above 100 EH/s, […]