Tag: Cash

Crypto technology

Core Scientific in ‘substantial doubt’ of continuous with out additional cash 0 (0)

Bitcoin (BTC) miner Core Scientific has warned of  “substantial doubt” they’ll have the ability to proceed operations over the subsequent 12 months given monetary uncertainty. In its quarterly report filed with the United States Securities and Exchange Commission (SEC) on Nov. 22, the agency indicated it had accrued a web lack of $434.8 million over…

Crypto technology

Tornado Cash developer Alexey Pertsev to remain detained till subsequent yea listening to 0 (0)

Detained Tornado Cash developer Alexsey Pertsev will spend one other three months in custody within the Netherlands, based on a courtroom listening to held on Nov. 22. Cointelegraph attended a preliminary courtroom listening to on the Palace of Justice in s’Hertogenbosch, which outlined the idea of the case in opposition to Pertsev after 103 days…

Crypto technology

US Politicians Donate Bankman-Fried Cash to Charity 0 (0)

Disgraced FTX founder and former crypto billionaire Sam Bankman-Fried was a prolific donor to US politicians. Now, his beneficiaries are grappling with the realities of accepting his cash. Bankman-Fried has personally given greater than $13 million to politicians and their campaigns on each side of the aisle throughout this yr’s election cycle. Ryan Salame, Bankman-Fried’s…

Crypto technology

Caribbean nation St. Kitts and Nevis could undertake Bitcoin Cash as authorized tender by March 2023 0 (0)

The Caribbean nation of St. Kitts and Nevis could declare Bitcoin Cash (BCH) authorized tender by March 2023. Prime Minister Terrance Drew made that announcement whereas he spoke on the Bitcoin Cash 2022 convention in St. Kitts on Nov. 12. St. Kitts and Nevis is a member of the Eastern Caribbean Central Bank and a part…

Crypto technology

Tornado Cash redesignation: Does it change something for US customers? 0 (0)

Even as crypto melted down over the FTX debacle, the US Treasury amended the idea it used to sanction crypto mixing service Tornado Cash, after lawsuits argued the federal government can’t implement such a ban on open-source expertise. On Tuesday eighth November, the Treasury mentioned its Office of Foreign Assets Control (OFAC) “delisted and concurrently…

Crypto technology

US Treasury redesignates Tornado Cash sanctions, citing North Korea nuclear weapons program 0 (0)

The United States Treasury Department’s Office of Foreign Asset Control, or OFAC, has amended the sanctions on cryptocurrency mixer Tornado Cash along with together with two people concerned in “transportation and procurement actions” for the Democratic People’s Republic of Korea in its record of Specially Designated Nationals. In a Nov. 8 announcement, the Department of…

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