By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Should the country decide to issue a digital pound, existing data protection, security and anti-money laundering rules would need amending, said Louise Abbott, partner at U.K.-based Keystone Law.Publish at: May 22, 2023 at 10:44AM
UK Will Need New Laws to Accommodate Future Digital Pound, Lawyers Say
Malaysia Says Crypto Exchange Huobi Global Isn’t Registered, Must Cease Operations
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The country’s regulator told CEO Leon Li to ensure the website and mobile apps are disabled.Publish at: May 22, 2023 at 09:31AM
Bitcoin’s Trading Range Narrows to Tightest in Months
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Tighter price ranges result from markets running into competing influences. Eventually, some narratives take the back seat, paving the way for a volatility explosion.Publish at: May 22, 2023 at 08:22AM
DEX Mangrove Launches on Polygon Testnet, Plans to go Live on Mainnet in June
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June.Publish at: May 22, 2023 at 08:00AM
Gemini Says Genesis Parent DCG Missed $630 Million Payment
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.Publish at: May 22, 2023 at 06:44AM
Tornado Cash’s TORN Token Up 10% as Attacker Submits Proposal to Undo Attack
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data The proposal would revert Tornado Cash’s governance back to token holders, but not everyone in the community agrees that it’s a benevolent plan.Publish at: May 22, 2023 at 04:34AM
First Mover Asia: Will Bitcoin Soon Begin a Retest of 30K?
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data ALSO: Crypto companies and trade organization are spending a fraction of the amount that other industries are allocating for lobbying. That may change.Publish at: May 22, 2023 at 01:53AM
Crypto Miner Marathon Pledges $500K in Matching Funds to Brink for Bitcoin Development
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data Marathon CEO Fred Thiel tells CoinDesk in an interview that he wants to make sure development and maintenance of the open-source Bitcoin Core client software are “properly funded.”Publish at: May 21, 2023 at 09:50PM
Attacker Takes Over Tornado Cash DAO With Vote Fraud, Token Slumps 40%
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data A malicious proposal allowed an unidentified attacker to take over Tornado Cash, opening up the floodgates to a potential treasury drain.Publish at: May 21, 2023 at 09:19AM
Sotheby’s Auctions Part of 3AC’s Rare NFT Collection, Bringing In $2.4 Million
By CD Read more: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data NFTs on the auction block this round included Tyler Hobbs’ Fidenza #725, Dmitri Cherniak’s Ringers #375, Autoglyph #187 and CryptoPunk #1326.Publish at: May 20, 2023 at 02:26AM