UK Crypto Think Tank Warns Government of CBDC Privacy, Security Risks
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New UK Bill Strengthens Authorities Ability to Seize Illicit Crypto

UK lawmakers green-lit the Economic Crime and Corporate Transparency Bill today, a new piece of legislation aimed at tackling a wide range of criminal activities, including drug trafficking, cybercrime, and terrorism. The bill, which has been under discussion since its September introduction last year and saw several amendments, is also set to strengthen law enforcement’s ability to seize and freeze…

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Bitcoin traders earmark key BTC price levels as $34K struggles to hold
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Bitcoin traders earmark key BTC price levels as $34K struggles to hold

Bitcoin (BTC) fell below $34,000 after the Oct. 26 Wall Street open as consolidation at 17-month highs continued. BTC/USD 1-hour chart. Source: TradingView $33,000 becomes do-or-die BTC price level Data from Cointelegraph Markets Pro and TradingView showed BTC price behavior challenging intraday lows. The largest cryptocurrency had attempted to push higher still the day prior, but sell-side pressure ensured that…

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UK passes bill to enable authorities to seize Bitcoin used for crime
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UK passes bill to enable authorities to seize Bitcoin used for crime

Lawmakers in the United Kingdom have passed legislation allowing authorities to seize and freeze cryptocurrencies like Bitcoin (BTC) used for illicit purposes. According to official data on the U.K.’s parliamentary acts website, the Economic Crime and Corporate Transparency Bill is expected to receive royal assent on Oct. 26, meaning that the bill would complete all the parliamentary stages in both…

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Line for Validators Looking to Stake Ethereum Is Getting Shorter–Here's Why
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More Tokens Than Ever Are Being Staked, Says New Research

Proof-of-stake (PoS) assets have again taken center stage in the third quarter of 2023, which saw a dramatic surge in staking rates across the top 35 stakable assets. According to the latest “State of Staking” report by Staked at Kraken, the average stake rate—the percentage of tokens from the circulating supply that are being staked in a particular cryptocurrency network—for…

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Bitmain to start shipping new Bitcoin miner Antminer T21 in January 2024
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Bitmain to start shipping new Bitcoin miner Antminer T21 in January 2024

Bitmain, a major global manufacturer of Bitcoin (BTC) application-specific integrated circuits (ASIC), has officially released its new air-cooled BTC miner, Antminer T21. Bitmain took to Twitter on Oct. 26 to announce the world premiere of the new Antminer T21, the firm’s new air-cooling miner that can withstand ambient temperatures up to 45 degrees Celsius. According to Bitmain’s head of marketing,…

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