Justice Department Appoints First Director of National Cryptocurrency Enforcement Team

The U.S. Department of Justice (DoJ) earlier this week appointed Eun Young Choi to serve as the first Director of the National Cryptocurrency Enforcement Team (NCET) it established last year. The NCET was created to tackle the criminal misuse of

Read More

Virtual reality cryptocurrency soars following Facebook’s rebrand

MANA-mania sweeps the worldwide cryptocurrency market, on the heels of Facebook’s “Meta” rebrand. The price of Decentraland’s MANA — a decentralized 3D virtual reality platform supported by the Ethereum blockchain — soared to a high of $4.33 at 6:30 p.m.

Read More

Coinbase says U.S. should create a new cryptocurrency regulator

Coinbase Founder and CEO Brian Armstrong attends Consensus 2019 at the Hilton Midtown on May 15, 2019 in New York City. Steven Ferdman | Getty Images The U.S. should create a new regulator to oversee digital asset markets, Coinbase said

Read More

Bitcoin: What I Hate, Love, and Fear About the Cryptocurrency

Bitcoin was born on 3rd January 2009, when its genesis block (block zero) was mined. The first transaction took place on 12th January between “Satoshi” and Hal Finney. Bitcoin’s first “value” was set as 1309.03 bitcoins for $1. That’s right,

Read More

Cryptocurrency Adoption in Emerging Markets Can Threaten Financial Stability, Says IMF

The advent of digital currencies in emerging markets could spark “cryptoization” of local economies, potentially undermining exchange and capital controls and upsetting financial stability, the International Monetary Fund said on Friday. Bitcoin and its kin have in the last year

Read More

Cryptocurrency launchpad hit by $3 million supply chain attack

SushiSwap’s chief technology officer says the company’s MISO platform has been hit by a software supply chain attack. SushiSwap is a community-driven decentralized finance (DeFi) platform that lets users swap, earn, lend, borrow, and leverage cryptocurrency assets all from one place. Launched earlier

Read More

Blog - UK News - BlogUK News - BlogUK