The burger chain is testing customer demand for cryptocurrency options, especially among its younger clientele. Original
Shake Shack Offering Bitcoin Rewards for Customers Using Block’s Cash App: Report
Tag: Report
Venezuela Pegs Minimum Wages to National Cryptocurrency: Report
The venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC. Source
SEC Probing NFT Market: Report
At issue is whether certain tokens should be considered securities and thus regulated. Source
‘Help Ukraine’ Scams Appear as Country Seeks Crypto Donations, Report Reveals – Bitcoin News
Scams have started exploiting the desire of many in the crypto community to support Ukraine’s efforts to withstand Russia’s military assault and help its citizens endure the conflict. As the country is raising millions in bitcoin, a report has indicated that fraudulent schemes luring donors to “help Ukraine” with cryptocurrency are on the rise. Crypto Scams Entice Prospective Donors to Support Invaded Nation People who wish to send cryptocurrency to the Ukrainians defending their country against a military operation launched by Russia, may fall into a trap set by phishing…
Animoca Brands Will Stop Offering Services to Russian Users: Report
The Hong Kong gaming giant has received legal advice to impose restrictions, the chairman and co-founder said. Source
Top Russian Bank Quits Europe, Citing Sanctions: Report
Sberbank, one of Russia’s largest state-controlled banks, is dropping out of almost all European markets citing Western sanctions. Source
EU Parliament Scraps Proof-of-Work Ban Following Backlash: Report
EU Parliament Scraps Proof-of-Work Ban Following Backlash: Report Source
Crypto firms may still face SEC penalties for self-reporting securities laws violations: Report
The U.S. Securities and Exchange Commission’s enforcement director has reportedly said cryptocurrency companies will not receive amnesty for reporting themselves for possible violations of securities laws. According to a Monday report from Reuters, the SEC director of the agency’s division of enforcement, Gurbir Grewal, said the agency may view crypto companies’ conduct “more favorably” if they reach out first for self-reporting securities law violations. However, he added that though firms may face smaller penalties, they will not be completely off the hook. “Our message to [crypto companies] is not, ‘Register…
Criminal Whales Hold $25 Billion In Crypto Assets: Chainalysis Report
Chainalysis recently published a study on criminal enterprises, specifically the so-called criminal whales, that retain vast sums of money in the form of cryptocurrencies. The study claimed that criminal whales still hold $25 billion in crypto assets despite substantial law enforcement seizures last year. Cryptocurrency had a solid year in 2021, reaching a value of over $3 trillion in November, while bitcoin, which accounts for around a third of all cryptocurrency, also achieved a high until plummeting by more than 40% last week. Criminals who stole bitcoin were among the…
UK Government Wants More Power to Seize Crypto Assets: Report
The U.K. government is proposing a set of reforms giving it greater powers to seize crypto assets to tackle money laundering. Source