Cryptocurrency exchange Kraken has announced that it has received the status of a “diamond sponsor” of the American non-profit organization against human trafficking (ATII). ATII is engaged in the detection of facts of human trafficking and tracking of criminal proceeds. Data on the passage of funds through payment systems is transmitted to law enforcement agencies, […]
Sarah
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
Harmony Announces New $100M Reimbursement Plan
The Harmony One project team has informed users about a new plan to compensate for $100 million in assets stolen in June as a result of a hacker attack on Horizon Bridge. Initially, Harmony planned to recoup the losses by issuing additional ONE tokens. The new compensation plan provides for an alternative option to cover […]
Brazilian Police Investigate Six Cryptocurrency Exchanges
The Federal Police and the Brazilian Revenue Service have launched the final phase of Operation Colossus, which is investigating trading platforms. For four years, the police have been working mainly in four states of the country: Rio de Janeiro, Bahia, Sao Paulo and Santa Catarina. The investigation involved 158 government officials, including 130 federal police […]
FTX CEO Sam Bankman-Fried: “We are discussing with the British regulator to obtain a license”
The FTX CEO commented on the recent announcement by the UK Financial Conduct Authority (FCA) that the exchange was not authorized to operate in the country. Earlier this week, the FCA issued a warning that FTX is not licensed to operate and therefore cannot legally serve local traders. Accordingly, in case of loss of funds, […]
Tornado Cash repositories are about to be unlocked on GitHub
The web service for hosting IT projects has partially unlocked Tornado Cash on its platform – the cryptocurrency mixer code is available for reading. Ethereum developer Preston Van Loon tweeted that the code is readable, but this means that GitHub has not yet regained full access to the repository. However, according to Van Loon, this […]
The regulator accused DAO bZeroX of not registering as a futures trader
The U.S. Commodity Futures Trading Commission (CFTC) has accused the decentralized autonomous organization bZeroX and its founders of not registering and failing to comply with the customer identification procedure. Representatives of the CFTC assure that the founders of bZeroX, Tom Bean and Kyle Kistner, illegally offered borrowed funds to clients and made marginal retail transactions […]
The amount of ETH issued decreased by 95% after switching to PoS
After the transition of Ethereum to the Proof-of-Stake consensus algorithm, the number of new ETH decreased by 95%. Now Ethereum inflation is 0.2% per annum instead of the previous 3.79%. The transition of Ethereum to PoS has reduced energy consumption by 99.95%. The number of issued ETH digital coins has significantly decreased. After the merge, […]
Israeli crypto exchange Bits of Gold received a license from the regulator
Crypto exchange Bits of Gold wants to dispel prejudices about cryptocurrencies in Israel, both from the public and from institutional organizations. Cryptocurrency exchange Bits of Gold has announced that it has received a license from the Israeli regulator, the Capital Markets Authority (CMISA). The license will allow the exchange to store digital currencies using its […]
Michael Saylor: “In four years, the price of bitcoin will recover to $ 69,000”
The former CEO of MicroStrategy suggested that in the next four years, the price of the first cryptocurrency will exceed the all-time high of $69,000 reached in November 2021. Michael Saylor (Michael Saylor) said that he was not afraid of a protracted crypto winter. Despite the rather long fall in the market this year, the […]
Data center operator Compute North files for bankruptcy
One of the largest data center operators for miners, Compute North has filed for bankruptcy and business restructuring. In addition, the CEO of the company left his post. Back in February, Compute North raised $385 million in a new funding round. However, the fall of the cryptocurrency market and the subsequent financial problems of mining […]
