Day: June 15, 2022

South Korean Government Calls for Voluntary Regulations From Crypto Industry – Regulation Bitcoin News

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The executive power and the ruling party in South Korea have urged the cryptocurrency industry for what officials describe as voluntary regulatory measures, a Korean media report revealed. The call was issued during a consultative meeting devoted to crypto assets. Government Asks South Korean Crypto Sector for Regulatory Proposals Representatives of the South Korean government and the ruling People Power Party met on Monday to discuss issues related to the crypto space. The consultations were held in the aftermath of last month’s collapse of the terrausd (UST) algorithmic stablecoin and…

Seized crypto safe with US Marshals Service? Not so much, new audit reveals

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The Office of the Inspector General (OIG) for the United States Department of Justice conducted an extensive audit of the cryptocurrencies seized by the U.S. Marshals Service (USMS) — revealing the dire need for the federal agency to revamp its existing crypto management and policy systems. OIG’s audit on the seized cryptocurrencies found the USMS implementing adequate safeguards over its storage and access. However, the agency was found to be using spreadsheets to maintain track of the inventory owing to the inability of the existing system, Consolidated Asset Tracking System…

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More People To Show Interest In Crypto In 2022, Survey Suggests

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Bank Of America conducted research in early June after the LUNA crash to determine the market sentiment towards Crypto. Surprisingly, the result showed that people are still planning to buy HODL and even use Crypto for online transactions. This result is surprising because the crypto community is still reeling from the market crash. But even with the ongoing downtrend, many people still believe crypto will rebound. The respondents in this survey were up to 1,000. 90% of these numbers told the researchers that they plan to invest in Crypto before…

Tether Denies Claims of Asian Commercial Paper Backing, Exposure to Three Arrows Capital

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Asset Manager AllianceBernstein to Add Blockchain Technology in Deal With Allfunds Unit

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity…

"This Is About To CHANGE Bitcoin COMPLETELY…" – Gareth Soloway | Bitcoin News | Crypto Currencies

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io “This Is About To CHANGE Bitcoin COMPLETELY…” – Gareth Soloway | Bitcoin News | Crypto Currencies ($) Gareth Soloway is an American entrepreneur and one of the most well-known figures in the Bitcoin community, and in the news today. He knows everything there is to know about selling Bitcoin, and the latest news and updates today. He’ll go over in this latest interview why he thinks Bitcoin is the greatest asset in human history. If you like Gareth Soloway’s Bitcoin prediction in…

Biggest Bitcoin exchange inflows since 2018 put potential $20K bottom at risk

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Bitcoin (BTC) could be on the verge of a retail major sell-off as exchange inflows spike to almost three-and-a-half-year highs. Data from on-chain analytics platform CryptoQuant shows users of 21 major exchanges sending coins to their wallets en masse June 14. Major exchanges finish up 83,000 BTC in a single day As BTC/USD fell to lows of $20,800, panic appeared to set in among traders, and despite a reversal that at one point topped $23,000, few seemed willing to trust that the worst was over. Since then, spot price action…

Hackers Are Cloning Web3 Wallets Like Metamask and Coinbase Wallet to Steal Crypto – Bitcoin News

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Confiant, an advertising security agency, has found a cluster of malicious activity involving distributed wallet apps, allowing hackers to steal private seeds and acquire the funds of users via backdoored imposter wallets. The apps are distributed via cloning of legitimate sites, giving the appearance that the user is downloading an original app. Malicious Cluster Targets Web3-Enabled Wallets Like Metamask Hackers are becoming more and more creative when engineering attacks to take advantage of cryptocurrency users. Confiant, a company that is dedicated to examining the quality of ads and…