Tag: Bitcoin News
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Silver Worth Evaluation as October Promote-Off Checks the Market’s Restoration Prospects
Traders are looking to test the lows as the momentum slows and major support levels present themselves, and then whether the selling pressure will persist or turn to a rally before the end of December. The swift drop in silver prices in October has put the precious metal at a pivotal level, and the metal…
FCA Proposes Crypto Crime Steerage On Pockets Checks And Blockchain Analytics
TL;DR: The FCA is consulting on updated financial crime guidance for crypto businesses, including customer checks, blockchain analytics and the Travel Rule. Responses are due December 24, and the guide itself would not create new rules. Crypto businesses preparing for the UK’s expanded regulatory regime have a more detailed picture of the controls the Financial…
New York Seeks $1.three Billion From NovaTech Founders In Crypto Fraud Case
TL;DR: New York’s attorney general is seeking $1.3 billion in monetary relief in the NovaTech case and has announced nearly $6 million in promoter settlements. The larger sum is a request to the court, not money recovered for investors. New York’s effort to recover losses from the NovaTech cryptocurrency scheme has reached a new stage,…
SEC Places Tokenization On Its 2027 Examination Agenda
TL;DR: The SEC has named tokenization among its fiscal 2027 examination priorities, bringing the systems behind blockchain securities into closer supervisory focus. The staff document sets inspection priorities and creates no new legal obligations. The SEC’s tokenization agenda now includes a practical question for financial firms: can the infrastructure work reliably when something goes wrong?…
Bitcoin Hashrate Reclaims One Zettahash As Mining Competitors Rebounds
TL;DR: BlocksBridge reported Bitcoin’s seven-day hashrate above one zettahash in the week to October 22. Mining competition has recovered despite companies shifting some infrastructure toward AI. A mining company can switch strategy without making Bitcoin mining any easier for the businesses that remain. New network data puts that distinction in focus. In its October 22…