US Senator Warren appeared on the NBC News “Meet the Press Reports” show to speak on the state of the cryptocurrency market and digital currencies in general. When asked if she considers bitcoin to be “this decade’s real estate bubble,” she said: “The whole digital world has worked very much like a bubble works. What…
Commercial spaceflight company Axiom Space today announced the launch of its own non-fungible token (NFT) marketplace as part of the firm’s “historic” Ax-1 mission to the International Space Station that commenced earlier today. According to a press release shared with CryptoSlate, Axiom plans to mint several NFTs during the mission, starting today with yet-to-be-revealed debut…
At the Bitcoin 2022 conference in Miami today, Jack Mallers, the CEO of peer-to-peer payments app Strike, announced an integration with e-commerce giant Shopify that would allow merchants to receive faster and cheaper Bitcoin transactions via the Lightning network. According to an accompanying press release, the new integration will unlock “the ability for eligible U.S….
The U.S. Treasury secretary Janet Yellen highlighted the need for new cryptocurrency-focused regulatory frameworks “designed to support responsible innovation while managing risks” in her remarks during an April 7 speech at American University. According to a report published by Associated Press, this was Yellen’s first crypto-related speech since President Joe Biden signed an executive order…
Major cryptocurrency payment service provider BitPay has added support for the Lightning Network (LN), Bitcoin’s (BTC) Layer-2 scalability solution, granting users access to a faster and cheaper method of transacting their BTC. In an announcement shared with CryptoSlate today, BitPay co-founder Tony Gallippi noted: “BitPay’s integration with the Lightning Network offers customers more choice and…
Germany’s Central Office for Combating Cybercrime (ZIT) and the Federal Criminal Police Office (BKA) have successfully seized the server infrastructure of the world’s largest illegal darknet marketplace Hydra. Per a press release published by the BKA today, the law enforcement agencies have also confiscated approximately €23 million worth of Bitcoin. “Among other things, there is…
Scammers have reportedly found a new way to compromise users’ Discord accounts — including those on servers related to cryptocurrencies and non fungible-tokens (NFTs) — by hijacking QR codes used for logging in. According to pseudonymous crypto enthusiast Serpent, malicious actors — disguised as Discord’s verified bot called Wick—are now reaching out to users to…
Hardware cryptocurrency wallet manufacturer Trezor has divulged that its customers are being targeted by so-called “phishing” attacks after Mailchimp, the firm’s email automation service provider, was “compromised by an insider targeting crypto companies.” “We are currently investigating how many customers might have been affected following an insider compromise of a newsletter database hosted on Mailchimp,”…
Opera, the developer of its eponymous multi-platform web browser, added support for eight major blockchains today as part of its “giant leap into web3.” “Opera, the company behind the world’s first native web3 browser with built-in crypto wallet, today announced adding support for several major blockchain ecosystems, including Solana, Polygon, StarkEx, Ronin, Celo, Nervos, IXO…
A new proposal published by the U.S. Treasury suggests that cryptocurrencies such as Bitcoin and Ethereum should be added to the Internal Revenue Service’s (IRS) rules for reporting taxpayers’ offshore accounts. A recently published document, titled “General Explanations of the Administration’s Fiscal Year 2023 Revenue Proposals,” explains that Section 6038D of the Internal Revenue Code…