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Coinbase head ready to move company out of US

Coinbase head ready to move company out of US

Coinbase boss Brian Armstrong has not ruled out the company leaving the US altogether unless the authorities offer clear and fair regulation of the crypto industry. "I think the US has the potential to be an important cryptocurrency market. But right now we don't see the regulatory

SEC prepares a lawsuit against Bittrex

SEC prepares a lawsuit against Bittrex

US cryptocurrency exchange Bittrex has received a Wells notice from the SEC. The reason was the SEC's suspicion that the platform violated investor protection law because the exchange failed to register its new unit.

Elon Musk has promised a reward of 1 million Dogecoin to anyone who finds his emerald mine

Elon Musk has promised a reward of 1 million Dogecoin to anyone who finds his emerald mine

Billionaire Elon Musk has offered a reward of 1 million DOGE to anyone who finds an emerald mine allegedly owned by the SpaceX chief. Reports of the mine date back to 2018. Several media outlets quoted an old interview in which the business tycoon talked about his family owning such

Ark Invest has sold $13.5m worth of Coinbase shares

Ark Invest has sold $13.5m worth of Coinbase shares

Ark Invest sold a portion of its shares in cryptocurrency exchange Coinbase. It happened for the first time since July last year. The company sold 160,887 shares for $13.5 million. Neither Ark Invest's press office nor the firm's CEO Cathy Wood had any comment

Virgin Orbit is on the verge of collapse. Is the sector failing?

Virgin Orbit is on the verge of collapse. Is the sector failing?

A once-promising player in the aerospace sector could go bankrupt as early as this week. This month Virgin Orbit announced that it was laying off almost all personnel and suspending operations. The company was left with two options: either find financing or sell the business. True, Reuters has already reported

Microsoft is developing a cryptocurrency wallet for Edge browser

Microsoft is developing a cryptocurrency wallet for Edge browser

Microsoft is working to integrate a Web3 wallet that will be available in the Edge browser. "The latest in a string of questionable Microsoft Edge features is a cryptocurrency wallet. I'm not quite sure how to feel about such things being built into the default browser, but

Banks in Pakistan to implement blockchain for KYC

Banks in Pakistan to implement blockchain for KYC

The Association of Banks of Pakistan will integrate a blockchain platform for KYC. It will be developed by Avanza Group. The service will be called Consonance. It will allow different banks to unify and exchange customer data through a decentralized secure network.

Venezuela uses USDT to circumvent sanctions - Chainalysis

Venezuela uses USDT to circumvent sanctions - Chainalysis

Companies in Venezuela use USDT stabilecoin as a way to circumvent sanctions and make payments to foreign partners, according to Chainalysis analysts. But they specify that more often than not firms convert local currency to USDT for another reason - to protect their capital from devaluation. "34% of all

Galaxy Digital chief expects bitcoin at $30,000 by end of March

Galaxy Digital chief expects bitcoin at $30,000 by end of March

Michael Novogratz predicts that bitcoin will rise to $30,000 in the first quarter of 2023. The head of Galaxy Digital said this at yesterday's Bank of America conference. "When I see the [bitcoin] price move, hear the excitement in the intonation of customers on the phone,

Dubai has banned anonymous tokens

Dubai has banned anonymous tokens

Dubai has banned issuing licenses to companies that issue or maintain anonymity-oriented tokens (such as Zcash or Monero). Such a rule was published by the local regulator VADA. Dubai regards anonymous cryptocurrencies as "a type of virtual asset that interferes with the traceability of transactions or ownership records through