Wyoming Senator Slams DOJ’s Take on Non-Custodial Crypto Software, Vows to Protect User Rights

May 2, 2024 Bitcoin.com

Wyoming’s Republican Senator Cynthia Lummis has responded to the Department of Justice’s (DOJ) latest argument regarding non-custodial software. Lummis’s remarks follow the DOJ’s reply brief on the indictment against Tornado Cash developer Roman Storm’s motion to dismiss. Senator Lummis Questions DOJ’s Non-Custodial Wallet Stance, Cites Legal Misinterpretations Senator Cynthia Lummis, a staunch advocate of cryptocurrency, […]

Binance partners with Taiwan authorities in .2M money laundering crackdown

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns

April 26, 2024 Bitcoin.com

Acinq

On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against financial privacy and non-custodial solutions. Lightning Network Platform Phoenix […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

The Non-Custodial Conflict: US Government Actions Stir Crypto Community Concerns

April 26, 2024 Bitcoin.com

Bitcoin

Over the past two days, there has been a notable uptick in concern within the crypto community regarding the U.S. government’s actions toward non-custodial wallets, which facilitate the sovereign storage of crypto assets. Recent events have fueled a widespread belief that a targeted campaign against non-custodial wallets is now underway. Debate Over Crypto Wallet Regulation […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Breaking the Barriers of Traditional Banking With Digital Assets

May 3, 2023 Bitcoin.com

Banking Industry

Another one bites the dust! The banking industry in the United States is in trouble, and regional banks are feeling the squeeze. A number of banks have failed recently due to mismanagement, poor risk management, and other factors which are leading to bailouts and buyouts from large players. They’re consolidating with larger banks faster than […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Defi Lending Sector Experiences Major Shake-Up: 71% of Total Value Locked Evaporates in 12 Months

January 17, 2023 Bitcoin.com

Aave

Decentralized finance (defi) has continued to remain deeply ingrained in the cryptocurrency economy as the ecosystem provides users with a non-custodial way to exchange digital assets, lend cryptocurrencies, issue stablecoins, and ways to profit from arbitrage. In the lending sector of defi, a lot has changed during the last 12 months as lending applications like […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps

January 14, 2023 Bitcoin.com

Assets

According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Crypto Lender Vauld Suspends Withdrawals, Company Is Discussing ‘Restructuring Options’ With Advisors

July 4, 2022 Bitcoin.com

30% layoffs

On July 4, the crypto lending company Vauld announced it suspended withdrawals, trading, and deposits after disclosing the firm is “facing challenges.” While not naming any specific companies, the Singapore-based cryptocurrency lending platform and exchange mentioned “financial difficulties” stemming from “key business partners.” Vauld Suspends Withdrawals Over ‘Financial Difficulties’ During the last 30 days, a […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets

April 20, 2022 Bitcoin.com

association

Keeping cryptocurrencies in non-custodial wallets may be criminalized in Russia, if authorities accept a proposal from the trade association representing Russian banks. While financial regulators think the idea deserves attention, lawmakers and experts doubt it’s possible to implement such a measure. Russian Banks Move to Curb Use of Private Cryptocurrency Wallets Challenges with foreclosure and […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

ETH Continues to Leave Trading Platforms, Ethereum Balance on Exchanges Lowest in 3 Years

March 19, 2022 Bitcoin.com

Altcoins

While the second-largest crypto asset by market cap has gained more than 15% in value against the U.S. dollar during the last week, the number of ethereum stored on exchanges has dropped significantly during the last few weeks. In less than two years, more than 29% of the ether held on exchanges has left centralized […]

Binance partners with Taiwan authorities in $6.2M money laundering crackdown

Digital Currency Exchange Kraken Acquires Crypto Staking Firm Staked

December 23, 2021 Bitcoin.com

2021

The digital asset company Kraken announced it has acquired the non-custodial staking platform Staked for an undisclosed sum. While the sum of the purchase was not disclosed, the company claims that it was “one of the largest crypto industry acquisitions to date.” Kraken Acquires Non-Custodial Staking Firm Staked On December 21, Kraken announced that it […]

Non Custodial