American traders received an email from the Binance cryptocurrency exchange, according to which they must withdraw all their crypto assets from the platform within two weeks. According to the Binance notice, if US users do not have time to withdraw funds from the exchange within the specified timeframe, they will no longer be able to do so, as their account will be blocked. This is not the first time the exchange has asked US traders

Analyst firm CipherTrace has filed two patent applications for tools for tracking transactions with the confidential cryptocurrency Monero. CipherTrace solutions are patent-pending XMR transaction analysis tools for forensic and financial investigations. The use of a statistical and probabilistic assessment method will allow identifying suspicious transactions, identifying potential wallet owners, as well as tracking the movement of XMR that have been stolen or obtained illegally. The technical details of the solution are unknown, so it is

The proposed rule change by the Office of the Comptroller of the Currency (OCC) will make it easier for cryptocurrency companies to access banking services. The OCC has proposed regulatory changes that will expand access to banking services for cryptocurrency companies. The proposed change will limit the ability of US banks to deny services to financial service providers if they do not meet the bank’s defined quantitative risk-based criteria. OCC says it has been trying

Spanish security firm Prosegur has announced the launch of Prosegur Crypto, a custodian division focused on institutional clients. According to Prosegur representatives, the new service covers all the needs of institutional investors for the storage and management of digital assets. When developing Prosegur Crypto, special attention was paid to the security of the solution. Clients will be able to manage assets using a mobile application. In a press release, the company emphasizes that the private

BlockApps has partnered with pharmaceutical firm Bayer to launch TraceHarvest, a blockchain-based system for tracking supply chains of agricultural products. The developers said that TraceHarvest will allow tracking the entire “life cycle” of products: the origin of seeds, their growing conditions, harvesting and delivery to retail outlets. The data will be available in real time. On the platform, it will be possible to check information about each party taking part in the supply chain. In

Solidus Labs has introduced a tool for tracking cryptocurrency transactions and market manipulations. The decision is aimed at creating a loyal attitude of regulators to Bitcoin ETFs. Earlier, the US Securities and Exchange Commission (SEC) stated that the main reason for rejecting applications for launching exchange-traded funds (ETFs) on bitcoin is market manipulation. So, last year, the SEC rejected a joint application by Bitwise Asset Management and NYSE Arca to launch a Bitcoin ETF. In

The Electrum development team has released version 4.0.5 of the wallet, which fixes an issue caused by the recent Big Sur macOS update. The Big Sur update released last week prevented Electrum users on macOS from using the wallet. One Electrum user previously stated: “The Big Sur update damaged Electrum on Mac devices. Unable to open the app or download any of my wallets. ” The bug first became known on August 1 after the

In the Zcash blockchain, at block 1,046,400, the block reward has decreased from 6.25 ZEC to 3.125 ZEC. Also launched the Canopy update, which changed the distribution of block mining rewards. The Zcash network emerged on October 28, 2016 as a fork of the Bitcoin blockchain. Zcash aims to provide enhanced user privacy with the zk-SNARK zero knowledge proof technology developed by the Electric Coin Company (ECC). Along with the halving of the miner reward

Bitcoin miners are resorting to different ways to increase their income by changing the ASIC firmware. The most popular are overclocking and ASIC autotuning. Which of these methods is more profitable and efficient? Interest in the cryptocurrency industry is growing every year. Despite the Bitcoin halving that took place in May and the decrease in the miner’s reward to 6.25 BTC, cryptocurrency mining remains a profitable business. However, increasing competition and economic uncertainty in global

Cryptocurrency company Anchorage has applied for a federal banking license with the Office of the Comptroller of the Currency (OCC) to become a qualified custodian. According to a notice posted on the federal regulator’s website, Anchorage’s South Dakota division has filed an application with the OCC for a federal banking license. This year, Kraken cryptocurrency exchange became the first company in the industry to receive a similar license to open its own bank, but only