EU Voted In Favor Of A Crypto Wallet Crackdown, What’s Next?
Per a report from Patrick Hansen, developer at Unstoppable Finance, the European Union Parliament could be about to crackdown on crypto wallets and their users. This entity just approved a revision to their Transfer of Funds Regulation with an upcoming draft to be voted on later today. Related Reading | How Coinbase Attempts To Stop […]
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The U.S. House of Representatives, on Friday, passed the $1.2 trillion bipartisan infrastructure bill. With a final vote of 228-206, thirteen Republicans voted with the majority of Democrats in favor of the bill. Although, six Democrats voted against it. After hours of deliberation, the bill now heads to President Joe Biden’s desk to be signed […]
Amid the Celsius bankruptcy plan in which creditors are to decide the next step, creditors of the crypto lender have voted in favor of a reimbursement plan – a vote that involves the sale of Celsius assets to a consortium. Creditors Decide Next Steps For The Crypto Firm On Monday, September 25, 2023, creditors of […]
President Vladimir Putin argued in favor of bitcoin mining citing the competitive advantages it brings for the country, thus opposing the crypto mining ban recently proposed by the Central Bank following the pressure from Russia’s Federal Security Service. The Crypto Ban The Central Bank of Russia has flirted with the possibility of a crackdown on […]
Almost 60% of Ethereum miners have upgraded to support Ethereum’s historical hardfork, reaching a conclusive and final decision in alignment with the wishes of Ethereum holders who voted overwhelmingly in favor of the fork, with 87% supporting the restoration of stolen property to their rightful owners. All big western pools held a vote, showing a new system of governance in the blockchain space. Overall, almost 80% of miners in all pools voted in favor, with 85% of miners on Dwarfpool, Ethereum’s biggest pool, voting in support of the fork. In contrast, F2pool and BW, both Chinese pools,....
Ethereum is the most recent asset caught in the path of the bulldozing machine that is China’s crackdown on crypto and crypto-related activities. When the country had begun to crackdown on mining earlier in the year, much focus had been placed on bitcoin given that it was the most popular cryptocurrency in the market. And […]