Decentralization does not equate to having legal immunity, as seen in the suit faced by Ooki DAO, who's being pursued by CFTC for allegedly engaging in activities without proper registration. [...] Read More... The post CFTC sues Ooki DAO founders: The myth of decentralization is coming unglued…
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A new bill set to be tabled in parliament will relegate BTC mining to regions with hydroelectric and nuclear power energy and ban it from regions like Moscow. [...] Read More... The post Russia to allow block reward mining, but only in energy-rich regions appeared first on…
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After all the optimizations, sCrypt was able to cut the Script size of pairing by 100X to 5MB, and they are exploring more optimizations to reduce it. [...] Read More... The post Efficient zk-SNARKs on Bitcoin: Technical explainer appeared first on CoinGeek.
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Abdulla bin Touq Al Marri, the country’s Minister of Economy, says legally-binding agreements can be signed in the metaverse, and 24/7 customer care support can be accessed at the virtual office. [...] Read More... The post UAE’s Ministry of Economy opens office in the metaverse appeared first…
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Over 20 people and entities allegedly running a "pig butchering scam" as claimed by victims had their accounts frozen, a move enforced by the DOJ to curb losses associated with risky investments. [...] Read More... The post Delaware Justice Department freezes accounts of ‘pig butchering’ romance scammers…
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While Lodi Coins claimed to be issuing utility tokens, the SEC maintains that investors expected profits from the actions of the company, making it a security. [...] Read More... The post Philippines securities regulator warns against ‘10x ICO project’ Lodi Coins appeared first on CoinGeek.
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Said to be an attempt to put the missing puzzle on Mercado Bitcoin's alleged regulatory breach, Brazil mandates the local exchange firm to give details on issued tokens, including accumulated sales. [...] Read More... The post Brazil’s securities regulator urges Mercado Bitcoin to provide details on issued…
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Coingeek: The scarcity paradox

Monday, 03 October 2022 23:00
Speculating does not create value rather, speculation presents a gamble on a future price. Some people make money with it, but to do well, you need a lot of money in the first place. [...] Read More... The post The scarcity paradox appeared first on CoinGeek.
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The social media giant also announced that digital collectibles were now available to every Instagram user in the 100 countries where the feature is available. [...] Read More... The post Meta allows users to cross-post NFTs on Facebook and Instagram appeared first on CoinGeek.
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The European Union is bracing for another wave of measures in the digital asset sector as Parliament mulls tougher laws for DeFi platforms and Web3 firms to boost its anti-money laundering campaign. [...] Read More... The post EU puts DeFi on notice, revives stablecoin transaction cap appeared…
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