The Block: US-listed bitcoin miner The9 eyes Russia relocation after China crackdown
Tuesday, 13 July 2021 08:51
The9 City deployed over 35,000 bitcoin ASIC miners in Q1 with the majority of them inside China. Now it wants to move them. The post US-listed bitcoin miner The9 eyes Russia relocation after China crackdown appeared first on The Block.
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Coingape: Caitlin Long Says Fed’s New Payment Guidelines Would be an Indirect Crackdown on Crypto
Tuesday, 13 July 2021 08:52
The comment period for Federal Reserves’ newly proposed payment and account access guidelines came to an end today. This new regulation is very critical for the crypto ecosystem as per Caitlin Long, founder, and CEO of Avanti crypto bank. 1/ THREAD ABT REGULATORY NEWS in #crypto, which…
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The Block: UK police seize a further $250 million worth of cryptocurrency
Tuesday, 13 July 2021 09:38
The UK's Metropolitan Police announced Tuesday that it seized nearly £180 million (around $250 million) in cryptocurrency. The post UK police seize a further $250 million worth of cryptocurrency appeared first on The Block.
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The Block: Chinese bitcoin miner BIT Mining raises $50 million to move overseas
Tuesday, 13 July 2021 09:45
U.S-listed Chinese bitcoin miner BIT Mining has raised $50 million for its back-up plans after China's crackdown orders. The post Chinese bitcoin miner BIT Mining raises $50 million to move overseas appeared first on The Block.
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Coingape: Just-In: Korean Regulators Extend AML Guidelines for Foreign Crypto Exchanges
Tuesday, 13 July 2021 11:05
South Korean regulators continue to impose strict regulatory policies around the crypto space. Financial Services Commission (FSC), the top regulatory body in the country is now targeting foreign crypto exchanges using the national Korean Fiat. The chief regulator said any foreign exchange serving Korean customers must register…
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cryptodaily.co.uk: Crypto doesn’t pose a threat for now – Bank of England
Tuesday, 13 July 2021 11:30
The Bank of England has just released its twice-yearly Financial Stability Report. In the report it highlights that “highly speculative crypto assets” such as bitcoin, are becoming more in demand from large investors, but that they don’t pose enough of a threat that would require action from…
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cryptodaily.co.uk: Aster Uses Web3 Grant To Implement ZK Plonk On Polkadot
Tuesday, 13 July 2021 11:30
Astar Network, previously Plasm Network, is taking the next big step in Zero-Knowledge (ZK) projects and scalability solutions. Astar’s parent company, Stake Technologies, announced that the Web3 Open Grant they received would be used to fund the team’s ZK Plonk Project on Polkadot. Implementing ZK Plonk On…
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cryptodaily.co.uk: Beyond Finance Teases Beyond DEX Soft Launch
Tuesday, 13 July 2021 12:30
Beyond Finance has released some details regarding the soft launch of the Beyond Synthetics soft launch on Ethereum, with the launch expected to happen towards the end of July. Testing Details The team at Beyond Finance has successfully completed an initial round of testing of the DEX…
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Coingape: Breaking: Grayscale Selects BNY Mellon as ETF Service Provider for Upcoming Bitcoin ETF
Tuesday, 13 July 2021 12:57
Grayscale, the world’s largest digital asset manager today announced BNY Mellon, the oldest custody bank as its ETF service partner when it would convert its popular institutional Bitcoin product GBTC into a Bitcoin ETF. BNY Mellon would act as the asset servicing provider that would offer fund…
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The Block: Ethereum-based interoperability network Connext raises $12 million in new funding
Tuesday, 13 July 2021 13:00
Ethereum-based interoperability network Connext has raised $12 million from 82 investors. The post Ethereum-based interoperability network Connext raises $12 million in new funding appeared first on The Block.
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