Day: November 16, 2022

Snowden Revealed As Key Participant In Mysterious Ceremony Creating $2B Cryptocurrency | Forbes

โ–ถ Coinbase Website: Coinbase.com โ–ถ CEX Website: cex.io In the fall of 2016, the cryptocurrency world was aflutter with excitement about the creation of a new kind of cryptocurrency, zcash. Unlike bitcoin, which is designed to be completely transparent โ€“ and trackable โ€“ zcash was coded to hide all information about a financial transaction, including not only the amounts involved, but also the public keys. That meant that prying eyes could no longer follow the cryptocurrency as it changed hands. Developers of zcash, at the Denver-based Zerocoin Electric Coin Company,…

Paolo Ardoino Talks FTX, Adoption And Self-Custody With NewsBTC

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What happened here was not a mistake; it is not that they were hacked. They took several decisions to put at risk customer assets. The crypto industry saw dark days over the past week. FTX, the former second-largest exchange in the world, crumbled. The fallout continues to ripple across the industry, with FTX-backed companies filing for bankruptcy, users filing for lawsuits, and regulators sharpening their claws.ย  In this context, we sat with Paolo Ardoino, Chief Technical Officer (CTO) for Tether and crypto exchange Bitfinex to get his opinion about recent…

SEC Enforcement Remains Focused on Crypto โ€” Chair Gensler Says He’s ‘Impressed’ With Enforcement Results โ€“ Regulation Bitcoin News

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The U.S. Securities and Exchange Commission (SEC) says its Enforcement Division โ€œremains focused on the rapidly evolving crypto asset securities space.โ€ The securities regulator filed 760 enforcement actions in total this fiscal year. SEC Chairman Gary Gensler commented: โ€œI continue to be impressed with our Division of Enforcement.โ€ SEC Focused on Enforcement The U.S. Securities and Exchange Commission (SEC) announced its enforcement results for the fiscal year 2022 on Tuesday. During that time, the SEC โ€œfiled 760 enforcement actions and recovered a record $6.4 billion in penalties and disgorgement on…

Bitcoin Miners Dump 7,700 BTC In One Week

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Bitcoin miners are usually some of the longest holders of BTC but that is usually when the bull market is in full swing and they do not have to worry about cash flow. Currently, the cash flow on bitcoin miners has plummeted and as the price of the digital asset continues to trend low, bitcoin miners have been put in a tight spot. In response, the miners have taken to dumping their coins in order to keep their operations going. Selling Off 7,700 BTC Since the crypto winter first began…

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