Ethereum’s OFAC Compliance: A Dramatic Drop In Censorship Post-Merge Upgrade

Ethereum’s compliance with the Office of Foreign Assets Control [OFAC] has undergone a significant transformation, reduced by more than half since the momentous Merge upgrade was implemented in September 2022. OFAC-compliant blocks on Ethereum are those that exclude transactions involving parties subject to sanctions by the U.S. Treasury Department’s Office of Foreign Assets Control. The […]

Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer

Pull your sats out of Minecraft now Back in our July edition, we announced Satlantis, an independent Minecraft server run by the game’s fans, enabled players to earn Bitcoin by completing in-game quests using play-to-earn functionalities. We noted Minecraft developer Mojang’s previous NFT ban and concluded, “Time will show how this integration fairs against the […]

Minecraft bans Bitcoin P2E, iPhone 15 & crypto gaming, Formula E: Web3 Gamer

Microsoft bans play-to-earn Bitcoin Minecraft server Satlantis, iPhone 15 has big potential for crypto gaming, Formula E preview, and more.

Security Engineer at Yuga Labs Under Investigation After Crypto Phishing Probe

Sam Curry, a security engineer at Yuga Labs, was at the center of a federal investigation conducted jointly by the Internal Revenue Service’s Criminal Investigation Division (IRS-CI) and the Department of Homeland Security (DHS). The investigation traces back to Curry’s involvement in uncovering a cryptocurrency phishing website in December 2022. Sam Curry’s Encounter with Federal […]

Curve (CRV) Is Up 20%, But This Whale May End The Run

Curve has observed gains of more than 20% in the past week, but this rally may not continue for long, as a whale has made a large move to exchanges. Curve Has Enjoyed A Sharp Rally Over The Past Week CRV has gone against the grain recently as it has registered some sharp bullish momentum […]

Bitcoin miner income is on the decline despite rising network fees – why?

Miners’ income from transaction fees on the Bitcoin network has remained low despite the demand in blockspace witnessed since February.

Is a Tokenized Pokémon Card a Security? SEC Chair Gary Gensler Responds—Kinda

U.S. Representative Ritchie Torres questioned Gensler, using Pokémon cards as an example—and told Decrypt the SEC Chair’s responses were “incoherent.”

Top Blockchains With the Most Daily Active Users (DAUs)

Summary: For investors, Daily Active Users are like customers of a traditional company. A high number of DAUs indicates a thriving ecosystem, attracting more developers and users and creating a virtuous circle of growth and innovation. Here are the top blockchains by DAUs in 2023.  At Bitcoin Market Journal, we talk a lot about Daily […]

Kraken Plans to Offer Trading of US and UK Stocks

Crypto exchange Kraken plans to diversify its assets with a bold venture into stock offerings. A new division of the firm, Kraken Securities, will offer trading of stocks listed in the United States and United Kingdom, Bloomberg reported on Wednesday. Kraken aims to roll out these offerings next year. Kraken Ready to Offer Stocks in […]

Biden administration rumored to be working on executive order requiring disclosure of outsized power consumption

An executive order from the Biden administration could compel cloud computing companies to report excess power usage to the U.S. government, Semafor reported on Sept. 27. Based on statements from anonymous sources, the expected order will require cloud computing companies like Microsoft, Google, and Amazon to disclose when a customer rents a certain amount of […]