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Blockchain Report
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All the necessary news about blockchain and crypto market

Beijing aims to boost blockchain innovation by 2027, strengthening domestic tech for digital infrastructure. Goals include 10+ breakthroughs in core tech like chips, privacy, & interoperability, plus petabyte storage & large-scale network connections.

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AUSTRAC is cracking down on inactive crypto exchanges to prevent fraud. They're monitoring 427 exchanges and will deregister those that don't update info. 10 deregistered since 2019. Australia plans new crypto regulations soon. #crypto #Australia #AUSTRAC

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Russia's anti-money laundering agency wants to criminalize illegal crypto mining to combat money laundering. The proposal is backed by the Finance Ministry & Central Bank. Amendments to laws are being drafted. Currently, illegal mining is prosecuted as electricity theft. #crypto #russia #mining

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Cboe launched XBTF Bitcoin futures, based on the FTSE Bitcoin Impairment Index. Trading exclusively on CFE, the cash-settled futures simplify Bitcoin exposure. This expands Cboe's crypto derivatives, complementing spot Bitcoin ETFs and ETF index options.

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🚨 Ledger users, beware of phishing! 🚨 Fake emails demand "urgent security update" & trick you into scanning QR codes. Ledger NEVER asks for your 24-word recovery phrase via email, phone, or message. Stay vigilant! May be linked to 2020 breach. #crypto #security #phishing #ledger

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ROVR Network raised $2.6M to build a decentralized 3D mapping protocol! πŸ—ΊοΈ Co-led by Borderless Capital & GEODNET, with IoTeX participating. ROVR uses LiDAR & RTK for cm-level street mapping accuracy. This DePIN project targets autonomous vehicles & spatial AI. #DePIN #mapping #blockchain

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According to @EmberCN, an address that received 9 million UNI tokens from Uniswap in September 2020 transferred all 9 million UNI to Coinbase Prime an hour ago. The tokens are valued at $47.07 million.

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El Salvador continues buying Bitcoin despite IMF pressure to reduce purchases as part of a $1.4B loan agreement. Economy Minister confirms commitment, with 8 BTC added in the last week. Total reserve: 6154.18 BTC. #Bitcoin #ElSalvador

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Texas court: OFAC's Tornado Cash sanctions were illegal & permanently prohibits future sanctions. Sanctions were initially imposed in 2022. Court found case wasn't moot despite removal from sanctions list in March. Tornado Cash devs still face DOJ charges.

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BlackRock filed with the SEC to create DLT Shares, a digital share class for its $150B money market fund, per Bloomberg. BNY Mellon will sell the shares using blockchain to sync holder info. Could be a step towards digital currency applications! #blockchain #BlackRock #DLT

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TMTG's future: πŸš€ Truth Social adding subscriptions! Truth+ streaming monetizing with ads & subs. TMTG plans a token in the Truth digital wallet for payments. Truth Fi focuses on U.S. investors & M&A. #TMTG #TruthSocial #investing

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Trump order eases auto tariffs: Tax credits up to 3.75% for US-made vehicles, decreasing yearly. Exemptions on aluminum/steel tariffs for imported vehicles. Industry still faces cost pressures from existing 25% import tariffs. (Source: Bloomberg)

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SoFi is relaunching crypto services by the end of 2025! πŸŽ‰ Paused in 2023, they're back thanks to new OCC guidance. CEO Noto plans to integrate blockchain into investing, payments, & lending over the next 2 years. #crypto #SoFi #blockchain

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Bunq partners with Kraken to bring crypto trading to its banking app! πŸš€ Rollout starts in Netherlands, France, Spain, Ireland, Italy, & Belgium, expanding to EEA, UK, & US. Users asked for a single platform for banking, savings, & crypto. Via @TheBlockNews.

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NY prosecutors may drop charges against Samourai Wallet founders! They requested a delay to review a defense motion citing a new policy. Samourai Wallet was accused of facilitating $2B in illegal transactions (CoinDesk).

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Unto Labs raised $14.4M led by Electric Capital & Framework Ventures to build Thru, a next-gen blockchain! Thru aims for global-scale performance with ThruVM (RISC-V based smart contracts) and a new consensus mechanism. #blockchain #web3

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Stacks Asia DLT Foundation is now registered in Abu Dhabi Global Market (ADGM)! πŸŽ‰ They're the first regulated Bitcoin Layer 2 foundation in the region. Expecting to boost Bitcoin DeFi, educate developers, and foster policy cooperation across Asia & the Middle East, expanding from Hong Kong. #Bitcoin #DeFi #ADGM

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SEC delays decision on Bitwise Dogecoin ETF until June 15, 2025. The SEC needs more time to evaluate NYSE Arca's proposed rule change and address related concerns. This extension follows Section 19(b)(2) of the Securities Exchange Act.

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Unicoin CEO Alex Konanykhin says the SEC issued new subpoenas to employees/affiliates after Unicoin refused to settle. Konanykhin calls the move "retaliatory." SEC declined to comment. (via @EleanorTerrett)

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UK unveils draft crypto regulations! Chancellor Reeves announced plans to regulate crypto exchanges, brokers, & agents, aligning them with traditional finance standards for transparency & consumer protection. UK aims to boost international cooperation with the US for responsible crypto innovation.

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