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The Latest Breaking News from Bitcoin

Is crypto trading the same as gambling? This U.K. parliament committee thinks so, and most crypto advocates—unsurprisingly—disagree

The Treasury Committee in the House of Commons said crypto assets have "no intrinsic value."

Fortune

Treating cryptocurrencies as gambling would be 'a backwards step'

A government committee report has proposed new regulation for the nascent industry

Insider UK

EU passes the world's first regulatory framework for crypto

Satoshi Nakamoto does not approve of this message.

PC Gamer

From analysis to the latest developments in health,
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The MPs are right -- bitcoin is just gambling and should be treated as such

City Comment: Forget the UK as a global crypto hub

Evening Standard

Cryptocurrency trading in UK should be regulated as form of gambling, say MPs

Report says people betting on prices of such assets ‘should be aware that all their money could be lost’

The Guardian - UK

Cryptocurrency trading should be regulated as gambling, says Treasury Committee

Unbacked cryptoassets pose significant risks to consumers, given their price volatility and the risk of losses, the committee said.

The Independent UK

Cryptocurrency trading should be regulated as gambling as it ‘serves no useful purpose’ otherwise, MPs say

The Committee said regulating cryptocurrencies as financial products risked giving people a false sense of security in the assets

Evening Standard

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Crypto rules get final approval to make Europe a global leader on regulation

European Union states have given final approval to a sweeping set of beefed-up cryptocurrency rules, giving the 27-nation bloc a global lead in regulating the freewheeling sector

The Independent UK

Hong Kong Banks Looking To Be The Leader In Cryptocurrency Moving To Virtual Assets

Hong Kong is encouraging banks to cater to the needs of licensed virtual-asset firms — a move that highlights the city's ambition.

Zenger

Radio Aryan host jailed for stirring up racial hatred on ‘vile’ podcast

James Allchurch produced more than 2,000 hateful episodes as part of a campaign to spread racist and antisemitic propaganda.

The Independent UK

Raspberry Pi Zero Gambles for Bitcoins with USB Antminer

Data Slayer is using a Raspberry Pi Zero to run a USB Antminer to lotto mine for bitcoins.

Tom’s Hardware

Grimes and Bitcoin: How crypto and the open-source movement offer lessons for the music industry in the age of A.I.

The music industry wants to crack down on A.I.-generated songs. Grimes is trying a different approach.

Fortune

This Week in the Metaverse: Researchers are making strides toward creating a 'smellaverse'

Chinese researchers may have the answer to smelling things in the metaverse.

Fortune

Bitcoin Thief Who Stole Nearly $5 Million And Was Photographed In Cash-Filled Bathtub Gets 4 Years In Prison

On Thursday, Gary Harmon, a resident of Ohio, was sentenced to a four-year prison term after he pled guilty in January to stealing mo

Zenger

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Reason

Is Biden Replacing Bad Border Policy With Worse Border Policy?

Plus: Schools suing social media companies, a bitcoin mining tax is a bad idea, and more...

Fortune

The crypto world doesn't need Robert F. Kennedy Jr.

JFK's nephew, a known crackpot, will be rolling out his presidential campaign at Bitcoin Miami.

Digital Camera World

The rise of spam on Instagram (and how I fight against it)

Fearing revenge from the bots I'll remain nameless, but I'm fed up with automated spam on my Instagram feed

Fortune

AWS and Microsoft Azure dominate cloud computing. But could Google Cloud beat them in Web3?

"They see an opportunity, and there's people who need cloud services, and so they formed a verticalized team," says Andrew Boone, a research analyst at JMP Securities.

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Barchart

Bitcoin – Stuck In Neutral

Bitcoin is a highly controversial asset. Supporters believe cryptocurrency will replace fiat currencies as Bitcoin and the many other cryptos values reflect buying and selling interest without government intervention. Opponents say cryptos allow many nefarious market participants to operate. Speculators have flocked to cryptocurrency markets because of the extreme volatility…

Tom’s Hardware

Cryptominers Repurpose GPU Farms Amid AI Hardware Shortage

Some GPU cryptomining outfits, having survived a bleak winter of discontent, have started to grasp AI acceleration opportunities.

Fortune

Tether has a new 'assurance report'—it's not very assuring

The stablecoin giant reported an "excellent quarter" even as it fails to comply by basic accounting standards.

Fortune

Binance to support Bitcoin NFTs by end of May

Bitcoin transactions and network fees have increased substantially in part because of the popularity of Ordinals.

Tom’s Hardware

Security Researcher Finds Coldplay Lyrics in Kingston SSD Firmware

Kingston SSD firmware released in early 2020 contains lyrics to Coldplay's 2002 hit 'The Scientist.'

StockNews.com

3 Blockchain Stocks to Keep off Your Radar Amid Crypto Turmoil

The prospects of blockchain companies are closely related to the cryptocurrency market. Given the high risk and uncertainty surrounding the crypto space, it could be wise to avoid fundamentally weak blockchain stocks Block (SQ), Riot Platforms (RIOT), and HIVE Blockchain (HIVE). Read more….

Evening Standard

How to trade cryptocurrency

If you want to trade cryptocurrency, all you need is a connection to the internet, a computer or smartphone and a sum of money to invest that you’re very comfortable losing. Here’s more on trading cryptocurrency.

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