Day: May 18, 2022

German BaFin official calls for ‘innovative’ EU-wide DeFi regulation

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Birgit Rodolphe, an executive director at Germany’s Federal Financial Supervisory Authority (BaFin) has called for innovative and uniform regulation of the decentralized finance (DeFi) space throughout the European Union (EU). BaFin is Germany’s financial regulatory body responsible for regulating banks, insurance firms, and financial institutions including cryptocurrency companies. BaFin is the issuer of “crypto custody licenses,” a permit required for firms wanting to offer cryptocurrency services within Germany. In an article on BaFin’s website Rodolphe warned of the risks to consumers of the unregulated DeFi space and called for standardized…

DOJ Files First Criminal Complaint Against US Citizen Allegedly Using Cryptocurrency to Evade Sanctions – Featured Bitcoin News

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The Department of Justice (DOJ) has filed its first criminal complaint against an American who allegedly used cryptocurrency to circumvent U.S. sanctions. “The payments platform advertised its services as designed to evade U.S. sanctions, including through purportedly untraceable virtual currency transactions.” DOJ Charges US Citizen in Crypto Sanctions Evasion Case The U.S. Justice Department has filed its first criminal complaint against a U.S. citizen who allegedly tried to evade American sanctions using cryptocurrency, according to a judicial opinion document filed on Friday by U.S. Magistrate Judge Zia M. Faruqui. The…

Ethereum’s popularity ‘a double-edged sword’ — a16z’s State of Crypto Report

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Crypto venture fund giant Andreessen Horowitz (a16z) has highlighted that development and demand on Ethereum is “unmatched” despite the network’s high transaction fees. The firm does warn, however, that its “popularity is also a double-edged sword” given Ethereum prioritizes decentralization over scaling, resulting in competing blockchains stealing market share with “promises of better performance and lower fees.” The comments came via a blog post introducing a16z’s 2022 “State of Crypto” report, with the firm’s data scientist Daren Matsuoka, head of protocol design and engineering Eddy Lazzarin, General Partner Chris Dixon,…

El Salvador’s President Promotes Bitcoin Adoption by Emerging Countries

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Crypto News Today – Cryptocurrency Market Lost 7% in 24 Hours

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Crypto News Today – Cryptocurrency Market Lost 7% in 24 Hours ⏰ Timestamps Intro: (0:00) Cryptocurrency Market Lost 7% in 24 Hours: (2:39) Crypto Market: (3:47) Crypto News: (4:44) Bitcoin Price: (5:32) Ethereum Price: (6:23) Outro: (7:14) The total supply of digital coins and tokens fell by 7%, reaching $1.76 trillion. Experts linked this to the fall in the values of key global indexes in the traditional stock market. Thus, over the previous day, Dow Jones lost 3.12%, S&P 500 – 3.56%,…

TERBUKTI MEMBAYAR Bot Mining Btc Gratis Bisa Di Withdraw | Mining Bitcoin Android Tercepat

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Setelah sebelumnya kita bahas situs mining bitcoin gratis yang terbukti membayar dan mining btc gratis bisa di withdraw di video sebelumnya, Kali ini kita review Bot mining bitcoin gratis tercepat yang sudah terbukti membayar ini adalah salah satu cara mining bitcoin di android atau mining bitcoin android tercepat dengan bot mining telegram legit 2022 Buat temen” yang ingin tau info seputar mining crypto gratis dan cara trading pemula jangan lupa untuk ikuti channel ini,karena disini kita selalu membahas cara mining crypto gratis…

US Economy Is Probably in Recession That Could Last 18 Months — Warns It ‘Will Get Worse’ – Economics Bitcoin News

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Tesla and Spacex CEO Elon Musk says that the U.S. economy is probably in a recession and it could be “tough going” for 12 to 18 months. He added: “The honest reason for inflation is that the government printed a zillion more money than it had.” Elon Musk on U.S. Recession and Inflation Elon Musk, the CEO of Tesla and Spacex, talked about the U.S. economy on the All-In podcast, published Monday. Commenting on whether the U.S. economy is in a recession, Musk said: We probably are in a recession…

MINING E PROOF OF WORK su BITCOIN: Come funzionano? | Corso BASE di CRYPTO ep. 3

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Mining e Proof of Work di Bitcoin… Come funzionano esattamente? Ve lo spiego in modo semplice ma completo! Stai sul pezzo: Eccoci alla terza puntata del corso base sulle Crypto, dove ci addentriamo nel mondo degli algoritmi di consenso distribuito. Stavolta parliamo del Mining, quello più famoso, in quanto permette di rendere sicura la blockchain Bitcoin e di creare nuovi Bitcoin. Tutti sappiamo queste cose di base, ma esattamente come funziona? In questo video lo scoprirai, passo dopo passo! Argomenti trattati: 00:00…

Crypto Carnage Causes Flight To Bitcoin Safe Haven, Dominance Demonstrates

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The crypto bloodbath continues to rage on, as bitcoin drops 13%, although to a lesser degree than what was experienced last week. Due to this, there have been several migration patterns recorded in crypto investors as they look for the best safe haven. The first had been the flight to stablecoins for cover from the unending losses. However, the tide has changed on this once again as investors look to now be flocking back to bitcoin, causing dominance to rise. Bitcoin Re-Establishes Dominance The decline has affected all cryptocurrencies in…