UK gov’t proposes crypto rules in response to scams

UK gov’t proposes crypto rules in response to scams

Source: Coin Tegraph The United Kingdom’s Treasury and Chancellor of the Exchequer, Rachel Reeves, have proposed new crypto rules aimed at “support[ing] innovation while cracking down on fraudsters.” In an April 29 notice, the UK government announced draft rules for cryptocurrencies, including Bitcoin (BTC) and Ether (ETH), that would bring “crypto exchanges, dealers and agents”…

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9B stablecoin transfers linked to illicit activity in 2024: Report

$649B stablecoin transfers linked to illicit activity in 2024: Report

Source: Coin Tegraph Cryptocurrency compliance firm Bitrace found that $649 billion worth of stablecoins flowed through addresses classified as high-risk in 2024, according to an April 29 report. Bitrace defines high-risk blockchain addresses as those used by illegal entities to receive, transfer or store stablecoins. Crypto compliance firms typically score crypto wallet addresses based on…

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The Slate Truck is a whole new kind of car

The Slate Truck is a whole new kind of car

Source: The Verge The generally accepted way to launch your new car company is by building something fancy and expensive. Call it Founder’s Edition or name it after a precious metal, hope people pay for the privilege of exclusivity, and go from there. Slate Auto is doing… the opposite. The three-year-old company just announced its…

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Ethereum Reboots Leadership As Scaling Pressure Mounts

Ethereum Reboots Leadership As Scaling Pressure Mounts

Source: Bitcoinist Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Ethereum Foundation (EF) has entered what its new co-executive directors call “a moment of transition and opportunity,” unveiling a comprehensive management shake-up and refreshed strategic vision through three coordinated blog posts published on Monday, 28 April. Hsiao-Wei Wang and…

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