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An updated analysis of U.S. Attorney Bitcoin-related press releases

An updated analysis of U.S. Attorney Bitcoin-related press releases

Quick Take

  • While the U.S. government has not published regular reports of crimes involving the use of bitcoin, the Department of Justice does publish press releases with bitcoin tags
  • The Block has updated a 2020 analysis on bitcoin mentions in DOJ press releases as a proxy for bitcoin-related crime trends
  • Of the 94 U.S. Attorney district offices, 62 have published such press releases

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Layer by Layer Issue 7: Update on Solana, Binance Smart Chain, Cosmos, Terra, and Arweave

Quick Take

  • In this weekly series, we dive into some of the most interesting data and developments across the Layer 1 blockchain landscape, from DeFi and bridges to network activity and funding
  • Layer 1 blockchain foundations continue to release incentive programs to attract users and developers, with a flurry of launches in the past month
  • Rising demand (or lack of it) from users entering new ecosystems is proving to pose unique challenges for both layer 1 and layer 2 chains
  • This week, we take a look at Solana, Binance Smart Chain, Cosmos, Terra, and Arweave

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Binance to abandon decentralized HQ concept after some regulators think it’s ‘dodgy’

Crypto exchange Binance is dropping its long-standing decentralized headquarters narrative as it faces global regulatory headwinds.

The post Binance to abandon decentralized HQ concept after some regulators think it’s ‘dodgy’ appeared first on The Block.

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China’s Inner Mongolia hires contractor to monitor for illegal crypto mining

The Inner Mongolia government has hired a contractor to help the state monitor for illegal mining operations.

The post China’s Inner Mongolia hires contractor to monitor for illegal crypto mining appeared first on The Block.

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A former crypto hedge funder was sentenced to more than 7 years in prison for running a Ponzi – here’s how he pitched investors

Stefan Qin–a former crypto hedge funder–was sentenced to 7 and a half years in prison for running a Ponzi scheme. This was his pitch to investors back in 2020.

The post A former crypto hedge funder was sentenced to more than 7 years in prison for running a Ponzi – here’s how he pitched investors appeared first on The Block.

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House committee approves crypto tax provisions as budget reconciliation package advances

The House Ways and Means Committee has sent its section of the “Build Back Better Act” to the chamber’s Budget Committee.

The post House committee approves crypto tax provisions as budget reconciliation package advances appeared first on The Block.

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Coinbase seeks National Futures Association membership in bid to offer derivatives

Crypto exchange company Coinbase wants to offer futures trading, and it’s seeking membership in the country’s top derivatives self-regulatory organization (SRO) as part of that process.

The post Coinbase seeks National Futures Association membership in bid to offer derivatives appeared first on The Block.

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Asset manager Franklin Templeton files for blockchain venture fund

Franklin Templeton, the asset management firm, has formed a blockchain venture fund that could raise as much as $20 million, public documents show.

The post Asset manager Franklin Templeton files for blockchain venture fund appeared first on The Block.

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How China’s new digital yuan app makes money programmable

Quick Take

  • China has quietly made its standalone digital yuan mobile app available to almost 10% of the population.
  • The latest step in a long, gradual rollout of the central bank digital currency reveals how it can be programmed through smart contracts.

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Bittrex Global’s CEO says the exchange company is exploring safe havens in light of regulatory tightening

On this episode of The Scoop, Bittrex Global CEO Stephen Stonberg joined host Frank Chaparro for a chat.

The post Bittrex Global’s CEO says the exchange company is exploring safe havens in light of regulatory tightening appeared first on The Block.

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