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Makerdao Plans to Integrate Ethereum L2 Solution Starknet to Lower DAI Transaction Costs
The decentralized finance (defi) project Makerdao has announced its plans to support the zero-knowledge (ZK) rollup solution Starknet in order to make DAI transactions faster and network costs cheaper. Starknet will be integrated into the…
Russian Bankers Suggest Criminalizing Crypto Storage in Non-Custodial Wallets
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…
Brazilian Development Bank Sets Deadline for Completion of Blockchain Network
The Brazilian Development Bank (BNDES) has partnered with the Court of Accounts of the Union (TCU), a constitutional institution of the Brazilian government, to complete the development of the Brazilian Blockchain Network. The partnership,…
Nigerian Agencies Told to Stop ‘Demonizing’ Crypto Industry Players
Nigerian public and law enforcement agencies have been urged to “stop the demonization” of the blockchain and cryptocurrency industry. According to an association that advocates for the risk-based regulation of the crypto…
Republic of Ireland to Prohibit Political Cryptocurrency Donations
The government of Ireland is preparing to ban political parties from accepting campaign donations in cryptocurrency. The move aims to block the perceived threat of Russian interference in the European nation’s elections against the…
US Secret Service Has Seized Cryptocurrency Worth Over $102 Million in 254 Fraud Cases
The U.S. Secret Service has seized cryptocurrency worth more than $102 million in 254 fraud-related investigations. “What criminals want to do is sort of muddy the waters and make efforts to obfuscate their activities,” said…
US Lawmaker Urges Biden Administration to Develop ‘Robust Strategy’ to Prevent Crypto Use to Evade…
A U.S. lawmaker has urged the Biden administration to develop a “robust strategy” to prevent cryptocurrency from being used to evade sanctions. “Emerging technologies like cryptocurrency offer many positive applications…
Robinhood Begins European Expansion, Acquiring Regulated UK-Based Crypto Firm Ziglu
Nasdaq-listed trading platform Robinhood is acquiring Ziglu, a London-based electronic money institution and crypto asset firm. The acquisition is part of Robinhood’s international expansion plan. Robinhood “sees a big…
Bitcoin, Ethereum Technical Analysis: BTC Back Above $41,000 as Crypto Bulls Return
Following recent losses, BTC rallied on Tuesday, as bulls appeared to have returned to cryptocurrency markets. In addition to bitcoin, ETH also moved away from yesterday’s low below $2,900, with price now hovering close to $3,100.…
FBI Issues Alert Concerning Malicious State-Sponsored North Korean Hackers Targeting Crypto Firms
On April 18, the Federal Bureau of Investigation (FBI), the U.S. Treasury Department, and the Cybersecurity and Infrastructure Security Agency (CISA) published a Cybersecurity Advisory (CSA) report concerning malicious North Korean…