The government of Iran has finalized a set of cryptocurrency regulations. A “comprehensive and detailed” law ratified by the administration provides a regulatory framework for cryptocurrency, including their authorized usage and crypto mining, a government official reportedly said. Iran Finalizes Crypto Regulations The Iranian government has evaluated all issues relating to cryptocurrencies and approved a set of cryptocurrency regulations, Reza…
Month: August 2022
Helium devs propose ditching its own blockchain for Solana
Internet of Things (IoT) blockchain network Helium could transition to the Solana blockchain following a new HIP 70 governance proposal launched on Aug. 30. The Helium core developers said the need to “improve operational efficiency and scalability” was required in order to bring “significant economies of scale” to the network. The Helium network operates by users installing a Helium Hotspot…
California Crypto Licensing Bill Awaits Governor’s Signature
A simple stroke of a pen is the last step needed to make California one of the first states to require cryptocurrency-related businesses to obtain a special license to operate in the state. California Assembly member Timothy Grayson introduced the bill, AB 2269, with support from the Consumer Federation of California, which will establish the Digital Financial Assets Law. The…
Ripple’s plan to tokenize Colombian land stalls amid new administration
A partnership between the Colombian government and Ripple Labs to put land titles on the blockchain appears to have stalled following the project being “deprioritized” by the new administration. The project was initially announced by the outgoing government’s Ministry of Information Technology and Communications just two weeks before the newly elected president Gustavo Petro was sworn into office. According to…
Crypto winter? DeFi, Metaverse, and NFT job market still hot — Recruiters
The ongoing crypto winter has seen budgets and jobs slashed, but the search for top-tier talent hasn’t stopped across several Web3 verticals, according to some crypto recruitment firms. Speaking to Cointelegraph, Kevin Gibson, founder of crypto recruiting firm Proof of Search said that the majority of staff cuts in the crypto market have been from centralized exchanges, most notably the…
Janice McAfee Does Not Believe John McAfee Faked His Death
As rumors continue to circulate online that disgraced tech entrepreneur John McAfee faked his own death, his widow, Janice McAfee, says she does not believe them. “Based off of the information that I have and [that] I have received regarding his death, I don’t believe that he is [alive].” McAfee said, appearing on the Rice TVx YouTube channel on Wednesday.…
Sneaky fake Google Translate app installs crypto miner on 112,000 PCs
Crypto mining malware has been sneakily invading hundreds of thousands of computers around the world since 2019, often masquerading as legitimate programs, such as Google Translate, new research has found. In an Aug. 29 report by Check Point Research (CPR), a research team for American-Israeli cybersecurity provider, Check Point Software Technologies, the malware has been flying under the radar for…
Solved! Mystery owner of the huge Axie Infinity SLP wallet is revealed
After much speculation, the wallet hodling more than 22 billion of Axie Infinity’s total supply of in-game token Smooth Love Potion (SLP) has been identified as an address belonging to Binance. The wallet was first highlighted by Axie Infinity player and tech co-founder Michael Benko, who raised concerns about it having over 50% of SLP’s total circulating supply, which could…
Elon Musk Outlines New Reasons to End Twitter Deal Citing Whistleblower – Featured Bitcoin News
Tesla CEO Elon Musk has outlined new reasons to terminate the $44 billion deal to buy Twitter in a new filing with the U.S. Securities and Exchange Commission (SEC). Citing a whistleblower report, Musk’s lawyer said the allegations, known to the social media giant but undisclosed to Musk, indicate “far-reaching misconduct at Twitter.” Elon Musk Presents More Reasons to Terminate…
Seven Trends In Bitcoin Mining And Energy – Bitcoin Magazine
This is an opinion article by Ruda Pellini, co-founder and president of Arthur Mining. The world is no longer the same — it is constantly changing. And this transformation is happening increasingly faster. In reality, the “new normal” is a constant transformation and the only certainty is change. The Information Age arrived and with that several concepts had to be…