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Kleiman v. Wright: Bitcoin’s Trial of the Century Kicks Off in Miami

Kleiman v. Wright: Bitcoin’s Trial of the Century Kicks Off in Miami

At stake: The ownership of Satoshi Nakamoto’s 1.1 million bitcoins.

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Coinbase Revenues Could Hit Nearly $50B by 2025, Investment Firm Says

Crypto exchange giant Coinbase is best-positioned to benefit from the industry’s strong growth, writes investment firm Hayden Capital in a memo.

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Senators respond to US stablecoin report, setting stage for coming debate

The boundaries of debate over new stablecoin policy are emerging in statements reacting to the Treasury’s report.

The post Senators respond to US stablecoin report, setting stage for coming debate appeared first on The Block.

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Bitfarms Hits Record High Hashrate in October and Forecasts Additional Growth

Bitfarms expects to expand its mining power by 11% in November, after achieving 1.8 EH/s in October.

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NFL Star Aaron Rodgers Gives Ringing Endorsement of Bitcoin

The Green Bay Packers quarterback will be taking a part of his salary in bitcoin and is also giving away $1 million in the crypto as part of a promotion with payments provider Square.

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Ethereum Name Service announces governance token plan

The Ethereum Name Service (ENS), an Ethereum-based, open-source protocol for domain names, announced Monday that it will decentralize its governance process through the use of delegates and a dedicated token.

The post Ethereum Name Service announces governance token plan appeared first on The Block.

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DCG is hiring advisors for a planned wealth management business aimed at crypto millionaires

DCG is hiring wealth advisors for a new wealth management business aimed at crypto millionaires.

The post DCG is hiring advisors for a planned wealth management business aimed at crypto millionaires appeared first on The Block.

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Why Stablecoin Regulation Isn’t ‘Urgent’

A new report attempts to frame regulation of instruments like tether and USDC as an emergency. It’s not.

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Mapping out New York’s regulatory/licensure ecosystem

Quick Take

  • The regulatory environment surrounding the New York cryptocurrency ecosystem has been evolving since crypto companies first filed for Money Transmitter Licenses back in 2013.

  • Any person or company conducting Virtual Currency Business Activity must attain a BitLicense as stated under the N.Y. Comp. Codes R. & Regs. Tit. 23 § 200. 

  • Businesses that have received the Superintendent’s approval in conjunction with being chartered under the New York Banking Law may engage in Virtual Currency Business Activity without holding a BitLicense.

  • In total, the Block has identified 39 companies across 6 verticals in New York’s regulatory/licensure ecosystem in addition to a vertical dedicated to breaking down the N.Y. Comp. Codes R. & Regs. Tit. 23 § 200.

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Hackers roban identidades con el sistema de verificación de la Chivo Wallet en El Salvador

Cientos de salvadoreños dicen que hackers han abierto billeteras digitales Chivo con sus números de identificación para cobrar el bono de $30 en bitcoin ofrecido por el gobierno de Nayib Bukele.

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