March 6, 2023 Bitcoin network reaches record-breaking hash rate while taproot adoption picks up speed Quick Take Hash Rate A 7DMA Bitcoin hash rate has exceeded 330 TH/s, a new all-time high. In addition, only six days of 2023…
March 6, 2023 BIS successfully completes retail CBDC pilot called Project Icebreaker The Bank for International Settlements (BIS) has successfully completed a pilot retail central bank digital currency (CBDC) pilot called Project Icebreaker, according to a…
March 6, 2023 Pakistani banks to develop blockchain-based KYC despite cold attitude toward crypto The State Bank of Pakistan has commissioned the development of a blockchain-based national eKYC (Know-Your-Customer) platform for retail banking, according to local media reports….
March 6, 2023 Lawmakers should check the SEC’s wartime consigliere with legislation Securities and Exchange Commission Chairman Gary Gensler has a lot in common with “The Godfather’s” Michael Corleone, according to the Cato Institute’s Jack Solowey…
March 6, 2023 Ethereum [ETH] could be set for another round of explosion, only if… ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have…
March 6, 2023 While Bitcoin’s Hashrate Remains Sky-High, Merge-Mined Crypto Asset Networks Benefit In recent times, Bitcoin’s hashrate has been consistently above 300 exahash per second (EH/s) as multiple mining pools dedicate significant hashpower to the Bitcoin…
March 6, 2023 SEC files emergency action against BKCoin for raising $100M through crypto fraud The United Securities and Exchange Commission (SEC) has filed an emergency action to seize the assets of Miami-based investment adviser BKCoin Management LLC and…
March 6, 2023 SEC continues streak of enforcement actions, targets BKCoin for alleged $100M fraud The financial regulator’s complaint alleged that BKCoin raised roughly $100 million from investors to invest in crypto, but diverted some of the funds for…
March 6, 2023 US SEC freezes assets of BKCoin for orchestrating crypto fraud scheme The United States Securities and Exchanges Commission (SEC) announced that it filed an emergency action against BKCoin Management LLC – a crypto-hedge fund. Additionally,…
March 6, 2023 Israeli duo found guilty of large NFT tax evasion scheme worth $2.2M The Israel Tax Authority in Jerusalem is investigating two NFT creators for possible tax evasion. The suspects, Avraham Cohen from Jerusalem and Antony Polak…