Despite Recent Threats From Canadian Officials, ‘Real Crypto’ or Decentralized Assets Cannot Be Frozen – Featured Bitcoin News

[ad_1] Over the last week, there’s been a lot of discussion about Canada ‘freezing’ digital currency accounts that are associated with the Canadian trucker’s Freedom Convoy. Amid the topical conversation, it should be stressed that decentralized cryptocurrencies like bitcoin and ethereum, cannot be frozen directly within the network. However, the Canadian government can flag specific digital currency addresses and take it even further, by asking centralized entities like crypto exchanges and payment processors to freeze the funds. Canadian Officials Can Flag Crypto Addresses and Threaten Exchanges, but They Can’t ‘Freeze…

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AscendEX reopened after $80m hack, Huobi suffers key personnel departures, and government officials punished for mining activities – Cointelegraph Magazine

[ad_1] This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes in the regulatory landscape, and enterprise blockchain integrations.   Limping out of 2021 Last week we thought we had hit rock bottom for Chinese exchanges, as Bitmart was on the unfortunate end of a $150m hack. This week, it was more of the same, as AscendEX lost $80m to a similar style of theft affecting its Ethereum, BSC and Polygon hot wallet. On December 16, AscendEX released…

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Powers On… Why US officials ignore ethics and STOCK Act by trading stocks? – Cointelegraph Magazine

[ad_1] About two weeks ago, The Wall Street Journal ran an expose on the number of judges who held or traded the stock of companies over which they presided in legal proceedings. The article identifies 131 federal judges nationwide who did this during the period of 2010 to 2018. Of those 131 members of the judiciary, 61 judges purportedly traded the public company stock of litigants during the case. Imagine that! It’s quite incredible, actually. Powers On… is a monthly opinion column from Marc Powers, who spent much of his…

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