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The Unchained Web Daily Crypto News #64

Alexandros Dolgov CBA? (Study/Bitcoin)

发布日期: 2023年5月26日

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Monero Wallet Address:

42EkgN23XZoLJXrgMJjrRM7jYpmirk1WvWUWc2SDF6kZAXVzHMGy5XB8JM8Vce3iHGKh9H8ACWF9J6ErrfKCP48mL2yeWcw

Bitcoin Wallet Address: bc1q4283c60tv2p7exfeu2ql7dk2n7utswgl43n2fk

ETH & ERC-20 Address: 0xD16429e3F253f50CfF306B2bE8966ce935332116

BNB & BRC-20 Address: 0xD16429e3F253f50CfF306B2bE8966ce935332116

Reclaim (some) Privacy Webinar Series: Intro to SearXNG & other privacy engines

In April, I am planning my first webinar in a series focused on privacy. The specific webinar will be focused on why Google may not be the best search engine to use and the SearXNG meta search engine and how it can be used to enhance privacy when using a search engine to research or find something to one's interest.

If you are interested in the topic, feel free to click "attend" on the link to the event below: https://www.dhirubhai.net/events/7167975601373458433/about/

Binance and Gulf Innova to launch crypto exchange in Thailand in Q4 2023

Binance, a cryptocurrency exchange, has obtained regulatory approvals in Thailand for its joint venture called Gulf Binance. Gulf Binance, a collaboration between Binance and Gulf Energy's innovation arm Gulf Innova, has received licenses from Thailand's Ministry of Finance to operate a regulated crypto exchange. The licenses were granted by the country's Securities and Exchange Commission. Gulf Binance plans to launch a digital asset exchange in Thailand by the fourth quarter of 2023, combining Binance's expertise with Gulf's knowledge of the local market. The venture aims to demonstrate the potential of blockchain technology to serve Thai users. Thailand has shown a strong commitment to crypto and blockchain, making it a crypto-friendly country. Gulf Energy has previously made strategic investments in Binance's US-based arm, Binance.US. Thai regulators have also introduced regulations to protect cryptocurrency investors, including rules for crypto custody services. More on this here.

EU regulator urges crypto firms to disclose regulatory status of products

The European Securities and Markets Authority (ESMA), the financial watchdog of the European Union, has reminded investment firms to ensure that their clients are aware of the regulatory status of the products they offer. The ESMA specifically highlighted crypto assets and noted that while regulations are being developed, crypto assets offered by investment firms will remain unregulated in most jurisdictions until the Markets in Crypto-Assets Regulation (MiCA) comes into effect. The ESMA expressed concerns about the risks associated with unregulated products and services, including prudential and investor protection risks, as well as the potential for clients to be misled about the level of protection they receive. To address these risks, the ESMA recommended that investment firms inform clients about the regulatory status of the products they invest in and clearly indicate when regulatory protections do not apply. The ESMA also advised firms to consider the impact of unregulated activities on their business when implementing risk management policies. In related news, crypto firms like Gemini and Kraken are establishing a presence in Ireland to expand their operations in Europe. Click here for more.

Visa, Microsoft and others join Brazilian CBDC pilot

The Brazilian central bank, Banco Central do Brasil, has selected 14 participants, including both national and global companies, for its central bank digital currency (CBDC) pilot project. Participants include Microsoft, Visa, Santander, and various Brazilian banking institutions. The pilot project aims to test the privacy and programmability features of the digital real platform through a specific use case involving a delivery versus payment protocol for federal public securities. The Brazilian CBDC, called the digital real, was announced in 2022 and would be pegged to the national fiat currency, the real. Brazil, with its large population and attractive market, has seen increased interest from global crypto companies like Binance, Mastercard, and Coinbase. The central bank recently granted a license to Latam Gateway, the payment provider for Binance in Brazil, to operate as a payment institution and electronic money issuer. Click here for more.

Hackers Steal $170,000 by Impersonating DJ Steve Aoki in PSYOP Scam

DJ Steve Aoki's Twitter account was hacked by scammers in a phishing scam related to the PYSOP token, resulting in the theft of $170,000. The scammers used a malicious link to trick people into claiming PYSOP tokens that Aoki was supposedly invested in. Crypto sleuth ZachXBT confirmed the scam and revealed that personal information was collected through the link. The scammers received around 26 ETH through a SIM swap and swatting attack. The founder of PSYOP, Ben.eth, retweeted the link that caused investors to lose money, and he suggested that someone who missed out on the token presale hacked Aoki's account to recover their investments. A subset of investors has filed a class-action lawsuit against Ben.eth, seeking damages of up to $21 million. PSYOP's token value has dropped by 36% since reaching an all-time high. The incident highlights the increase in Twitter impersonation scams following major news stories, with scammers targeting celebrity accounts for their larger audiences. Click here for more.

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Mining Company Canaan Sells More Bitcoin as Revenue Continues to Tumble

Canaan, a mining company, has reported a decline in revenue despite the broader recovery in the crypto market. In the first quarter of 2023, Canaan's revenue fell by 5% compared to the previous quarter and over 72% compared to the same period in 2022. The company's CFO attributed the revenue decline to payment and shipment delays as well as external factors such as banking failures in the U.S. Additionally, Canaan reduced its Bitcoin holdings for the first time, selling some of its holdings and currently holding 623 BTC. The company recorded a 25% reduction in gross loss compared to the previous quarter. However, it still has a significant way to go to reach the gross profit figures of Q1 2022. Canaan's stock is down by 5.49% in pre-market trading. Click here for more.

Dubai Urges Global Regulators to Close Crypto Gap and Unite Against Bad Actors

Dubai is urging regulators worldwide to adopt a collaborative approach to address gaps in cryptocurrency regulations. The global nature of the Web3 industry allows for innovation but also presents opportunities for criminal activities. Dubai's Financial Service Authority emphasizes the need for regulators to communicate and work together, as many crypto businesses operate across multiple jurisdictions. Dubai has been actively working on implementing crypto regulations and has already released rulebooks for crypto service providers. The European Union has also recently passed the Market in Crypto-Assets (MiCA) laws to address regulatory loopholes, while India's Finance Minister has called for a global policy approach to crypto regulation. The aim is to ensure effective regulation and combat illicit activities in the crypto space. Click here for more.

Unbanked Forced to Shut Down Amid Regulatory Challenges and Funding Woes

Unbanked, a financial services provider, has announced its closure due to a lack of funding and challenges posed by the regulatory landscape in the United States. The company cited the evolving regulatory environment as a barrier to supporting crypto assets and expressed frustration with regulators' attempts to impede banks and fintechs from engaging in crypto-related activities. Although Unbanked had signed a term sheet for a $5 million investment, it had not yet received the funds. The company is urging customers to withdraw their funds promptly, and it is exploring other funding options. Following the announcement, the price of the UNBNK token, associated with Unbanked, plummeted by over 85%. The United States' regulatory actions have led to the closure or exit of several crypto firms, including well-known platforms like Coinbase, Beaxy, and Bittrex, as they struggle with the challenging regulatory landscape. Click here for more.

Crypto Exchange Gemini Turns to Ireland for European Headquarters

Gemini, the cryptocurrency exchange founded by Tyler and Cameron Winklevoss, has selected the Republic of Ireland as its new European headquarters. The decision was made following a meeting with Irish Prime Minister Leo Varadkar and representatives of the Industrial Development Agency (IDA), responsible for foreign investment. Gemini expressed gratitude for the support of the Irish government and stated their commitment to being part of Dublin's vibrant tech community. The exchange believes that the Markets in Crypto Assets (MiCA) regulatory framework adopted by the European Union is a common-sense regulation for the crypto industry. Gemini had previously been registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. The Winklevoss brothers see Ireland as their entry point to the rest of Europe once MiCA regulations are fully implemented by 2025. Gemini has also expanded its offerings to five additional European countries, bringing its presence on the continent to 12 nations. Click here for more.