Since bitcoin’s creation in 2009, regulators have levied $2.5 billion in enforcement actions against various crypto projects.
The post Elliptic report shows SEC leads U.S. regulators in enforcement actions appeared first on The Block.
The experiment tested CBDC issuance and settlements on a public blockchain through a smart contract simulation.
The post Bank of France completes CBDC settlement experiment with SEBA Bank appeared first on The Block.
The sale, hosted by Sotheby’s Hong Kong, will go live on July 9. Buyers have the option of paying in ETH, BTC or traditional currency.
The post Sotheby’s to accept crypto payments for rare diamond auction appeared first on The Block.
Revolut has recorded a significant loss in its latest financial results, despite higher revenues driven in part by a surge in crypto trading.
The post Losses mount at Revolut despite surging crypto market appeared first on The Block.
Blocktrace’s new Fusion API brings together crypto wallet data from leading blockchain analytics firms like Ciphertrace.
The post Blockchain analytics firm creates API that pools data from Elliptic, Ciphertrace appeared first on The Block.
MicroStrategy has purchased an additional 13,005 bitcoins for around $489 million in cash.
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Morgan Stanley has made its first blockchain investment. The megabank has co-led Securitize’s $48 million Series B fundraise.
The post Morgan Stanley co-leads $48 million Series B for blockchain firm Securitize appeared first on The Block.
Quick Take
- Taproot is the first major upgrade (locked in for November) to Bitcoin since Segregated Witness in 2017 — improving the efficiency of complex transactions and enhancing privacy.
- Taproot uses a data structure called Merkelized Abstract Syntax Tree (MAST) to only reveal the parts of scripts that are executed and Schnorr signatures for signature aggregation.
- Overall, the upgrade is obviously beneficial to Bitcoin, but it’s also worth noting that Taproot only provides an incremental benefit to the existing feature set.
The central bank of China has told domestic banks to cut off the funding channels of crypto over-the-counter merchants.
The post PBoC orders Chinese banks to cut off accounts for crypto OTC merchants — reiterating 2017 banking ban appeared first on The Block.
Both chambers of Colorado’s legislature have approved legislation that, if signed into law, would study a range of new technologies like blockchain for their potential use in managing the state’s water supplies.
The post Colorado lawmakers approve law to study technologies like blockchain for water management appeared first on The Block.
