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US Lawmakers Urge Treasury Action on Russian Crypto Exchange Sanctions Evasion

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U.S. Congressman Gabe Amo (D-RI), along with Congressmen Brad Sherman (D-CA) and Gerald E. Connolly (D-VA), sent a letter to U.S. Treasury Secretary Janet Yellen regarding the Moscow-based cryptocurrency exchange Garantex. They expressed concerns that Garantex is reportedly facilitating sanctions evasion and funding Russia’s invasion of Ukraine. The letter cited reports indicating that $20 billion […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/28WgZTu

Oasys Partners With SBI Group’s SBINFT Market to Boost Crypto Gaming in Japan

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Oasys, a blockchain network focused on gaming, has partnered with SBINFT Market, an NFT platform operated by a subsidiary of the Japanese financial conglomerate SBI Group, to expand the crypto gaming sector in Japan. The collaboration will allow developers on the Oasys platform to sell NFTs through the SBINFT Market, which now supports Oasys’ Hub-Layer […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/28WgZTu

Bitfarms Terminates CEO Geoffrey Morphy, Faces $27 Million Lawsuit

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Bitfarms Ltd., a global bitcoin mining company, has announced the immediate termination of Geoffrey Morphy as president and CEO, along with his removal as a director. Following his dismissal, Morphy filed a lawsuit against the company, seeking $27 million in damages for alleged breach of contract and wrongful dismissal. Bitfarms is set to defend against […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/28WgZTu

Metaplanet Unveils ‘Bitcoin-First’ Strategy to Face Japan’s Economic Weakness

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Metaplanet, a Tokyo-listed public company, has unveiled a “bitcoin first” strategy to combat the Japanese economy’s weakness and the yen’s devaluation. In a document shared on social media, the company stated it will adopt bitcoin as a reserve asset, taking advantage of the available possibilities for increasing its holdings. Metaplanet Announces Bitcoin First Approach, Unveils […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cC9eqSN

Billionaire Peter Thiel’s Venture Capital Firm Leads Polymarket’s $45 Million Series B Funding Round

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Billionaire Peter Thiel’s Founders Fund recently led the Series B funding round for the crypto-based prediction markets platform, Polymarket, which raised $45 million. The latest round valued Polymarket lower than the $1 billion it had anticipated before the Commodity Futures Trading Commission proposed a ban on events betting contracts. CFTC Seeks to Clamp Down on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cC9eqSN

From Historic Banking Family to BTC — Rothschild-Linked Firm Invests in Bitcoin ETFs GBTC and IBIT

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According to a recent earnings filing, Edmond de Rothschild Holding S.A., a private banking and asset management entity linked with the distinguished Rothschild banking family from France, holds shares in Grayscale’s GBTC and Blackrock’s IBIT. Edmond de Rothschild Holding’s 13F Filing Reveals Investment in Grayscale and Blackrock Bitcoin ETFs For years now, speculative discussions on […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/cC9eqSN

Report: Russian Authorities Propose Steep Fines for Crypto Miners Operating in Residential Apartments

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Russian authorities have reportedly proposed to impose hefty fines on suspected crypto miners operating from residential properties. Authorities may also consider including amendments to the Code of Administrative Offenses which imposes liability on those misusing electricity. Proposed Measures Aimed at Curbing Rising Power Outage Cases Authorities in Russia have signaled their intention to pursue private […] Register now to receive up to $255 welcome bonus. Let cryptocurrency change your life https://ift.tt/fPRosH3