Day: May 4, 2022

European watchdog lists crypto next to lawyers, accountants as an AML threat

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Europe’s Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT)  watchdog, MONEYVAL, has listed monitoring the crypto sector along with “gatekeeper” professionals, such as lawyers and accountants, as priorities in European nations’ push to combat money laundering. In a media release based on the findings of its annual report, MONEYVAL called upon European jurisdictions to assess compliance with international standards and implement stricter regulatory policies to combat money laundering facilitated by crypto assets. Elżbieta Frankow-Jaśkiewicz, chief of MONEVYAL, cited the Pandora Papers as an example of how professionals serving as…

Everything gets politicized, including crypto, says former POTUS candidate Andrew Yang

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Although cryptocurrency may still be misunderstood on Capitol Hill, crypto is becoming more political as its influence gains traction. For instance, lobbying by those involved in the cryptocurrency industry has reached new heights. A report from the nonprofit consumer advocacy group Public Citizen found that the number of lobbyists for cryptocurrency-related issues rose from 115 in 2018 to 320 in 2021. The report further indicated that the number of representatives within the cryptocurrency industry increased from 47 to 157 during that time period.  The United States midterm elections — set…

A New Crypto in the Market | New Cryptocurrency Launch 2022 | #Shorts | Simplilearn

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io 🔥Free Blockchain Developer Course with Completion Certificate: This short video is based on a new crypto Shardeum, launched by Nischal Shetty who is the founder of the WazirX crypto exchange platform. Cryptocurrency is a digital currency that functions as a medium of transaction over a computer network and is not supported or maintained by any central authority, such as a government or bank. ✅Subscribe to our Channel to learn more about the top Technologies: ⏩ Check out the Blockchain training videos: #ANewCryptoInTheMarket…

Truly Playable AAA Games to Look Forward to in 2022

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The emergence of blockchain games has flipped the gaming industry, putting players in charge of the decisions rather than developers. Their rise has been exponential, with over 398 active blockchain games currently floating in the market. The industry’s influence has risen to the point that it now accounts for 52% of all blockchain activity. The new entertainment facilitates NFT creation, trading, and ownership capabilities. Blockchain games give players complete ownership of their in-game assets while also allowing them to use those assets outside the games. Axie Infinity, for example, is…

How Scalable Quantum-Safe Blockchains Help Against Network Outages

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The blockchain industry is at the forefront of innovation, with new ways to harness this secure distributed ledger technology in various areas of traditional business. A key feature of conventional blockchains is the ability of any entity to verify the integrity of the blockchain ledger by executing the same algorithm that was used to generate it. What are quantum-safe blockchains? Quantum computers will be able to execute algorithms significantly faster than classical computers, enabling them to break most cryptographic algorithms. Attackers with a quantum computer might be able to break…

Marathon Digital ‘Cautiously Optimistic’ About Meeting Early-2023 Hashrate Guidance as Delays Continue

About 4,200 Marathon miners were successfully installed in containers at one of Compute North’s new facilities in Texas, the company said in a statement. However, these mining rigs are now expected to come online in May, as opposed to its original schedule of April 17, as the company’s energy provider required additional consent from a third party. Currently, it does not expect this process to impact future deployments of miners, the firm said in the statement. Source

BTC, ETH Marginally Higher Ahead of Today’s Rate Decision – Market Updates Bitcoin News

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Bitcoin was trading marginally higher on Wednesday, as crypto markets returned to the green ahead of the Fed meeting. ETH also rebounded in today’s session, moving away from its long-term support level in the process. Bitcoin BTC was trading higher on Wednesday, as bulls re-entered the market ahead of today’s Federal Reserve rate decision. Following a floor of $37,585.62 during Tuesday’s session, BTC/USD rallied to an intraday peak of $39,095.11 earlier today. The move came as bitcoin used its recent support point of $37,500 as a springboard, and bounced towards…