Author: CryptooTimes
The Paraguayan government is urging lawmakers to pass a bill that would impose up to 10 years in jail for illegal bitcoin miners, in response to the large amounts of electricity theft threatening the state-owned National Electricity Administration (ANDE). The bill includes provisions for Paraguayan police and prosecutors to seize and sell off mining equipment […] Source link
Silver’s market cap has risen to over $500 billion larger than Bitcoin, despite the cryptocurrency flipping the precious metal just two months ago. Source link
On Reddit and the LocalMonero forum, users discussed alternative means of buying XMR, which, with a $2.5 billion market cap, is the largest privacy coin. These include buying another cryptocurrency like bitcoin (BTC) or litecoin (LTC), sending it to the privacy-focused Cake Wallet and then swapping for XMR. Source link
A confidential United Nations report obtained by Reuters reveals that North Korea’s notorious cybercriminal group known as the Lazarus Group transferred millions of stash of stolen cryptocurrency back to the Asian country last year. In March 2023, these North Korean hackers illicitly took $147.5 million worth of cryptocurrency from HTX, a crypto exchange owned by TRON founder Justin Sun. A year later, they funneled the funds into the isolated nation using the sanctioned crypto mixer Tornado Cash. North Korea’s Cyber Warfare According to a report submitted last week, the monitors told a United Nations Security Council (UNSC) sanctions committee that…
The IMF has expressed its concerns about the possible outcome of the confiscation of Russian assets abroad as a consequence of the ongoing military conflict between the nation and Ukraine. Julie Kozack, a spokesperson for the institution, called for these actions to have a proper justification to avoid threatening the world’s financial system. IMF Calls […] Source link
It was speculated that Gensler’s vote secured the launch of spot Bitcoin ETFs in January — and the same five commissioners are set to vote on Ether ETFs this week. Source link
President Biden’s emergency order to halt the Chinese-tied mining on the doorstep of a nuclear-missile base hit days after mining giant CleanSpark struck a deal to buy the property. Source link
Today’s edition of the weekly recap: Notcoin (NOT) faces a 50% price slump after airdrop debut; spot Bitcoin (BTC) exchange-traded funds (ETFs) record inflows to recover April’s losses amid a market rebound; the crypto industry witnesses a prevalence of regulatory and enforcement actions. Notcoin sees 50% slump after debut The Notcoin project debuted. Beforehand, the team announced a close of direct exchange deposits on May 14. They revealed plans to resume deposits after NOT’s listing on May 16. Crypto.news reported on May 16 that the play-to-earn blockchain project had airdropped 80.2 billion NOT to miners from The Open Network (TON)…
Coinbase institutional research analyst David Han believes “there is room for surprise to the upside on this decision.” Source link
In the past few weeks, the Fantom Foundation has been pushing out its latest upgrade, codenamed Sonic. Currently, 25 out of the 60 nodes have completed the upgrade, according to a dashboard, and the chain will be officially upgraded once the new software hits two-thirds of the nodes. Source link
