Day: February 24, 2023

Man faces arrest over alleged crypto mine hidden under a school

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A former facilities worker who allegedly set up a secret cryptocurrency mining operation inside a Massachusetts school’s crawl space is due for arrest after missing a scheduled court hearing to answer to charges.  Nadeam Nahas was scheduled to be arraigned on Feb. 23 facing charges of vandalizing a school and fraudulent use of electricity, according to media reports. JUST IN: an ex-town employee is accused of running a “Cryptocurrency mining operation” out of Cohasset High School. pic.twitter.com/cdBlMIxnnH — whalechart (@WhaleChart) February 24, 2023 A default warrant is a type if…

Montana’s ‘right to mine’ crypto bill moves closer to passing as law

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A cryptocurrency mining rights bill with laws that would prohibit the discrimination of crypto miners is one step closer to fruition after passing the Montana Senate. The proposed laws would enshrine a “right to mine digital assets” and would prohibit “discriminatory” electricity rates being charged to crypto miners, protect mining that occurs “at home” and strip local governments of the power to use zoning laws to stop crypto mining operations. It also prohibits additional taxes on the use of crypto as a payment method and would consider “digital assets,” including…

Bitcoin: Neuer Boom durch NFTs?

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io TIPP 1: Unsere Depots ganz einfach nachbilden? (Im Blockchain-Investor führe … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

US May Consider Alexander Vinnik for Prisoner Exchange With Russia, Lawyer Says – Bitcoin News

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Crypto exchange BTC-e’s alleged operator Alexander Vinnik may be a candidate for prisoner swap between the United States and Russia. That’s according to a statement by one of his lawyers for Russian media. The latest court hearing in Vinnik’s case has been postponed. Russian Accused of Laundering Billions Through Crypto May Return Home, According to Lawyer A lawyer for Alexander Vinnik, alleged operator of the infamous cryptocurrency exchange BTC-e, believes that his client may be considered for an exchange of prisoners between the United States and the Russian Federation. David…

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io What is Coinbase? How to use Coinbase? Bitcoin | কয়েনবেস কি? কিভাবে কয়েনবেসে একাউন্ট … ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version

SEC is not the appropriate regulator for stablecoins: Circle CEO

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The United States Securities and Exchange Commission is not the appropriate agency to regulate stablecoins, according to Circle founder and CEO Jeremy Allaire. In an interview with Bloomberg on Feb. 24, the Circle chief executive aired his views on the SEC and its recent moves to clamp down on the crypto industry, including stablecoin issuer Paxos. Allaire appears to have taken issue with the SEC’s focus on stablecoins, arguing that dollar-pegged “payment stablecoins” should be under the oversight of a banking regulator, rather than the SEC. “I don’t think the SEC…

Coinbase new blockchain seen as ‘massive confidence vote’ for Ethereum

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The Ethereum community appears to have taken a bullish view of Coinbase’s newly announced layer-2 network, Base, which has been described as a “massive confidence vote” and a “watershed moment” for the blockchain network.  Secured on Ethereum and powered by layer-2 network Optimism, Base aims to eventually become a network for building decentralized applications (DApps) on the blockchain. The layer-2 network is currently in its testnet phase, according to Coinbase CEO Brian Armstrong. 0/ Hello world. Meet Base, an Ethereum L2 that offers a secure, low-cost, developer-friendly way for anyone,…

Crypto Exchange Coinbase Launches Ethereum L2 Scaling Network Called Base – Bitcoin News

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The cryptocurrency exchange Coinbase has announced the deployment of Base, an Ethereum layer two (L2) scaling network, after developers launched the Base testnet on Thursday. The company said it is incubating Base within Coinbase and that the L2 chain will progressively decentralize over time. Coinbase L2 Scaling Platform Aims to Help Scale the Crypto Economy Coinbase is joining the competition of Ethereum L2 scaling projects, such as Polygon, Arbitrum, Optimism, Loopring, Starknet, and others, by launching an L2 called Base. The company announced the launch of the Base testnet on…