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The Biden administration now requires large cryptocurrency miners to report their energy use
The Energy Information Administration recently announced that it would start to collect energy usage information from larger-than-average cryptocurrency mining operations. The program will take a look at over 130 mines that account for more than two percent of electricity usage nationwide.
Senators want to know why the SEC’s X account wasn’t secured with MFA
In a new letter to the agency’s Inspector general, Senator Ron Wyden, called for an investigation into “the SEC’s apparent failure to follow cybersecurity best practices.”
SEC approves bitcoin ETFs (for real this time)
The Securities and Exchange Commission has approved the applications of 11 spot bitcoin ETFs in a highly anticipated decision.
The SEC’s X account was apparently ‘compromised’ to falsely claim bitcoin ETFs were approved
A rogue post from the SEC's official X account said bitcoin ETFs had been approved. The regulator said the tweet was the result of a "compromised" account."
DOJ charges Tornado Cash co-founders for laundering over $1 billion in crypto
A North Korean cybercrime organization allegedly funneled $455 million through the crypto mixer.
Bitfinex hackers who stole billions in cryptocurrency plead guilty
Ilya Lichtenstein and Heather Morgan, the couple who were arrested last year for the massive 2016 Bitfinex hack involving billions of dollars of cryptocurrency, have pleaded guilty in court.
DOJ charges Russian nationals with laundering bitcoin in 2011 Mt. Gox hack
The US Department of Justice announced today that it charged two Russian nationals for crimes related to the 2011 hacking of Mt. Gox, the now-defunct crypto exchange that was one of the world’s largest at the time. Alexey Bilyuchenko and Aleksandr Verner are accused in the Southern District of New York (SDNY) of laundering about 647,000 bitcoins connected to the heist. In addition, Bilyuchenko faces separate charges in the Northern District of California (NDCA) related to running the infamous Russian crypto exchange BTC-e.
Venmo now lets you send crypto to other users for some reason
Venmo is going further into the once-heralded digital currency space by allowing users to send crypto directly to other Venmo customers. The feature rolls out throughout may and also allows for sending digital currency to Paypal users and other external wallets.
The worst of tech in 2022
From FTX and Twitter to Peloton and Stadia, these are the year's biggest losers.
Ethereum completes the 'merge' that will make its crypto transactions greener
Ethereum has completed its much-anticipated "Merge" to a far more energy efficient method of minting new tokens.
Democratic lawmakers want federal regulators to track crypto mining energy use and emissions
Democratic lawmakers want federal regulators to require crypto miners to disclose their energy use
Recommended Reading: A blockchain primer
Recommended Reading highlights the week's best writing on technology and more.
Winkelvoss twins' crypto exchange faces lawsuit over $36 million theft (updated)
The Winklevoss twins' crypto exchange, Gemini, is facing a lawsuit accusing it of negligence in a $36 million theft.
FTC says victims of crypto scams have lost more than $1 billion since 2021
Nearly 25 percent of scams reported last year used crypto as a payment method.
New York passes a bill to limit bitcoin mining
It's up to Governor Kathy Hochul whether to sign it into law.
US Treasury issues first-ever sanctions against a cryptocurrency mixer
The US Treasury has issued its first sanctions against a digital currency mixer, accusing Blender of helping North Korea launder crypto.
The Wikimedia Foundation won't accept crypto donations anymore
The Wikimedia Foundation has confirmed that it will no longer accept Bitcoin or other forms of crypto.
FBI believes North Korean hacker cell is behind last month's $600 million crypto heist
On Thursday, the FBI announced that it now attributes the heist, dubbed the Ronin Validator Security Breach, to a North Korean outfit calling itself the Lazarus Group.
Zelensky signs bill legalizing crypto industry in Ukraine
Ukraine has so far collected more than $100 million in crypto donations.
Ukraine raises over $13 million in crypto to help fight Russian invasion
Ukraine has raised over $13 million in cryptocurrency as part of a crowdfunding effort helping its defense against the Russian invasion.
