Month: July 2022

ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban – Regulation Bitcoin News

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A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint in Europe, suggesting a ban on proof-of-work mining is probable. Growth of Stablecoins, Defi Warrants Regulation and Supervision, ECB Says Crypto-related financial risks, those associated with stablecoins and defi platforms in particular, as well as the threat to climate transition goals blamed on energy-intensive methods of crypto mining, are in…

Congreso de Brasil pospone proyecto de ley cripto hasta las elecciones presidenciales de octubre

La Cámara de Diputados, por su parte, no ha llegado a un consenso sobre un texto final, ya que el diputado Expedito Netto (PSD-RO), encargado de presentar el proyecto de ley en la Cámara Baja, eliminó dos artículos del proyecto original del Senado. El primer artículo eliminado requería que los exchanges mantuvieran sus activos separados de los de los clientes, mientras que el segundo exigía que los exchanges estuvieran inscriptos en el Registro Nacional de Entidades Jurídicas (CNPJ, por sus siglas en portugués) para poder solicitar una licencia. Source BitcoinBrasilCongresocriptocryptoexchangeeleccionesExchangeshastaLasleyoctubreposponepresidencialesproyecto…

BNB Chain launches DApp platform with ‘Red Alarm’ to warn users about scams

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BNB Chain has launched a new platform, DappBay, to discover new Web3 projects with a novel feature called Red Alarm. The new alarm assesses project risk levels in real time and alerts users of potentially risky decentralized applications (DApps), according to a Thursday announcement. Red Alarm is a contract risk scanning tool offered by DappBay that helps users identify high-risk projects to protect their investments from rug pulls and scams. Users can check if a contract address has logical flaws or fraud risks by entering it into the Red Alarm feature.…

ARGO BLOCKCHAIN PLC – Post AGM Q&A

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Blockchain-based solutions aim to address US disaster relief

Natural disasters in the United States are becoming more prevalent, resulting in increasing costs, a lack of transparency between state and government organizations and a slew of other issues impacting relief systems.  The Pew Research Center found that the Federal Emergency Management Agency’s (FEMA) public assistance program spent 23% more on natural disasters between 2010–2019 than it did during 2000–2009. Data from Climate.gov further shows that 2021 was the third costliest year in history for natural disasters in the U.S., totaling over $145 billion in damages from 20 weather-related incidents.…

BTC Briefly Moves Back Above $20,000 During Volatile Day of Trading – Market Updates Bitcoin News

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Bitcoin briefly broke back into the $20,000 region on Thursday, following a volatile day of trading. Volatility in crypto markets came as data released showed that inflation in the United States had risen to its highest level in over four decades. ETH also briefly rose above $1,100. Bitcoin BTC was marginally higher on Thursday, as prices rallied following a turbulent 24 hours of trading, which saw prices fall below $19,000. Following this drop, the world’s largest crypto token climbed, hitting a peak of $20,361.12 earlier in the day. Volatility in…

Crypto Miner CleanSpark Continues to Take Advantage of Bear Market as it Scoops Over 1K Rigs

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