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Core Scientific partners with Foundry, garners financing raise of $23 million for mining equipment

Core Scientific partners with Foundry, garners financing raise of $23 million for mining equipment

Crypto mining operation Core Scientific has announced a partnership with Foundry, a financing and advisory company for the mining space.

The post Core Scientific partners with Foundry, garners financing raise of $23 million for mining equipment appeared first on The Block.

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France imposes tougher KYC requirements for crypto, including peer-to-peer transactions

In a new document from Minister Bruno Le Maire, virtual asset providers (VASPs) will now have to prohibit anonymous crypto accounts.

The post France imposes tougher KYC requirements for crypto, including peer-to-peer transactions appeared first on The Block.

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Privacy wallets are becoming a more frequent tool for criminals to launder bitcoin, says Elliptic

According to a new guide released by the blockchain analytics firm, 13% of laundered Bitcoin funds were distributed through privacy wallets.

The post Privacy wallets are becoming a more frequent tool for criminals to launder bitcoin, says Elliptic appeared first on The Block.

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Paxos Becomes Latest Crypto Firm to File for Federal Bank Charter

Stablecoin issuer and crypto services firm Paxos has filed to become a federally-regulated bank in the U.S. According to a public document released Wednesday and dated Dec. 8, Paxos is seeking to create the Paxos National Trust, filing an application with the Office of the Comptroller of the Currency (OCC). It joins crypto payments firm […]

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Man Gets 6 Years for $25M Diamond and Crypto Ponzi Scheme

Jose Angel Aman, charged with operating the fraudulent investment scheme, was sentenced to serve six years in federal prison and pay over $23 million in victim restitution by a federal court in Florida.

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Market Wrap: Bitcoin Recovers to $18.2K While Market Dynamics Juice DeFi Total Locked

Bitcoin fell below $18,000 Wednesday while DeFi closing in on $15 billion locked may have more to do with price than actual cryptocurrency parked there.

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Crypto Asset Manager NYDIG Hires Tech-Savvy Banker to Pitch Its Wares to Institutions

Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG’s white-labeled crypto services for banks.

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France Declares War on Crypto Anonymity, Cites ‘Terrorism’ in KYC Mandate

The French finance ministry is imposing sweeping KYC rules on all VASPs in the country.

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Would the STABLE Act Make Running an Ethereum Node Illegal?

The STABLE Act regulating the burgeoning stablecoin industry is misplaced and overly broad, says our columnist.

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The Most Important Trends and People Shaping Crypto 2020, With Ryan Selkis

The Messari CEO goes over the highlights of his just-released annual “Crypto Theses” report.

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