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G20 Leaders Endorse FSB Recommendations for Crypto Regulation – Regulation Bitcoin News

September 11, 2023

The G20 leaders have released their declaration following their summit in New Delhi. They endorsed the Financial Stability Board’s “high-level recommendations for the regulation, supervision, and oversight of crypto-assets activities and markets and of global stablecoin arrangements” and welcomed several reports by standard-setting organizations. The G20 leaders emphasized “the effective…

Crypto Tycoon Bankman-Fried Seeks Release From Jail Over Trial Prep and Laptop Complaints – Legal Bitcoin News

September 11, 2023

Attorneys for fallen cryptocurrency tycoon Sam Bankman-Fried are requesting his temporary release from a Brooklyn jail, arguing that limited access to trial evidence and computers is impeding his ability to prepare his defense. Sam Bankman-Fried’s Lawyers Urge Temporary…

Crypto Firm Riot Defends Texas Power Strategy After Headlines Claim State ‘Paid’ Miner – Mining Bitcoin News

September 11, 2023

Bitcoin mining company Riot Platforms is defending its participation in Texas’ electricity market programs after recent headlines claimed the state ‘paid’ the miner over $30 million to reduce power in August. Riot Platforms Sets the Record Straight In a statement…

Binance CEO Urges Hardware 2FA Use for All Crypto Platforms After Vitalik Buterin's X Account Hack – Security Bitcoin News

September 11, 2023

Binance CEO Changpeng Zhao (CZ) has urged everyone to use hardware 2FA for all crypto platforms after a social media account belonging to Ethereum co-founder Vitalik Buterin was hacked and used to post a crypto scam link. “In the past, I have had my Twitter account locked a few times due to hackers trying to brute-force it (trying different passwords repeatedly),” CZ shared. Binance’s CEO on…

Vitalik Buterin’s X Account Hacked to Promote Crypto Scam – Bitcoin News

September 11, 2023

The X account of Ethereum founder Vitalik Buterin has apparently suffered a breach by scammers spreading phishing links. The attack, which manifested itself in the form of a post offering free digital collectibles, has allegedly resulted in the loss of over $690,000 for…

RFK Jr on China and Global Economic Battles; 88,200 Millionaires Got Rich With Crypto, Says Report — Week in Review – The Weekly Bitcoin News

September 11, 2023

The first full week of September is in the bag, and there’s nary a shortage of crypto and economic news from across the globe. In this edition of the Bitcoin.com News Week in Review, RFK Jr. says China doesn’t want a war, but the government wants to “bury” the United…

2023: The Year AI Cryptos Soared, Then Faltered – Altcoins Bitcoin News

September 11, 2023

At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto landscape has undergone a significant downturn. According to insights from Kaiko, the weekly trading volume linked to tokens associated with AI has notably…

Turkish Crypto Exchange Boss Gets 11,196 Years in Prison – Legal Bitcoin News

September 10, 2023

The CEO of collapsed Turkish crypto exchange Thodex has been sentenced to 11,196 years, 10 months, and 15 days in prison. He purportedly absconded with more than $2 billion in cryptocurrency belonging to more than 400,000 customers. The court found his crypto trading…

What Are Stablecoins? A Simple Explanation of the Digital Asset Bridging Crypto and Fiat – Learning - Insights Bitcoin News

September 10, 2023

Stablecoins occupy a unique space within the realm of finance, straddling the worlds of traditional and cryptocurrency finance. These digital assets aim to achieve price stability by tethering their market value to external references such as fiat money. Stablecoins blend…

'Islamic Coin's Legitimacy as a Sharia-Compliant Cryptocurrency Is Proven by Its Fatwa' — Co-Founder – Interview Bitcoin News

September 10, 2023

According to Mohammed AlKaff AlHashmi, the co-founder of “Islamic Coin,” Muslim scholars will increasingly view cryptocurrencies as being “Shariah-compliant” if they function as a store of value or are used as a medium of exchange. Alhashmi added that Islam’s “robust” ethical framework already “accommodates modern technological advancements such as the blockchain and…