The blockchain bubble claimed another victim at the beginning of March. An institution on the US west coast set up, like many of its peers, to collect deposits to lend on land and property purchases, […]
The EU Parliament has approved what has been described as the “world’s most sweeping cryptocurrency rules”, also known as the Markets in Crypto Act (MiCA). The legislation will impose a number of requirements on crypto […]
In a new report, the cross-party Committee of MPs said that cryptocurrencies such as Bitcoin have “no intrinsic value and serve no useful social purpose”, while consuming large amounts of energy and being used by […]
The US Securities and Exchange Commission (SEC) is cracking down against cryptocurrency operators, by suing two of the most important players in the sector: Binance and Coinbase. On Tuesday 6 June, the SEC asked a […]
Kenya has become the first country to fully suspend Worldcoin, the new cryptocurrency project launched by OpenAI’s CEO Sam Altman. Worldcoin is based on the creation of a World ID, which the company describes as […]
The founder of one of the largest cryptocurrency exchanges in the world, who “thought that he was above the law”, defrauded clients out of billions of dollars. A jury found the founder of FTX guilty […]
The US Department of Energy is to begin a survey of cryptocurrency mines’ electricity consumption, following years of concern expressed by environmental advocates. Crypto mining is the process of validating new transactions and generating new […]
The Joe Biden administration has proposed a 30% tax on the electricity used for cryptocurrency mining operations in its budget for 2025. The computers that secure cryptocurrencies such as Bitcoin consume large amounts of power. […]
Hush money Only a handful of countries have active CBDCs in circulation but, by the end of last year, over 130 countries had announced plans to develop or pilot their own schemes. China has conducted […]
For the first time, Bitcoin has soared past US$81,000. Before Donald Trump sealed his return to the presidency last week, he pledged to make the US “the crypto capital of the planet” and create a […]
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