Cryptography

Practice and study of secure communication techniques

Follow Cryptography on Notably News to receive short updates to your email — rarely!

January 23 2025 President Donald Trump signed Executive Order 14178, revoking previous digital assets orders, prohibiting central bank digital currency establishment, and establishing a group to propose a federal regulatory framework for digital assets within 180 days.
2024 Dogecoin experiences significant price volatility, dropping from a record high of 73 cents to 13 cents.
December 17 2024 ESMA published guidelines for identifying crypto-assets that qualify as financial instruments, which are excluded from the MiCA regulation.
November 2024 The incoming Labour government confirmed plans to regulate cryptoassets, with new UK regulatory requirements expected to be implemented in 2026.
June 30 2024 The EU regulation Markets in Crypto-Assets (MiCA) covering asset-referenced tokens (ARTs) and electronic money tokens (EMTs) came into force.
May 2024 US Congress advanced the Financial Innovation and Technology for the 21st Century Act, defining regulatory responsibilities for digital assets between the CFTC and SEC, with specific provisions for blockchain and stablecoin regulation.
April 2024 TVNZ's 1News reported the Cook Islands government proposed the Tainted Cryptocurrency Recovery Bill, which would allow 'recovery agents' to investigate cryptocurrency potentially used for illegal activities, including through hacking. The proposed legislation was drafted by two lawyers hired by US-based debt collection company Drumcliffe.
March 28 2024 Sam Bankman-Fried was sentenced to 25 years in prison for cryptocurrency-related fraud.
2023 Anne Keast-Butler appointed as the new head of GCHQ, taking over from Sir Jeremy Fleming.
2023 An IMF working paper projected that crypto mining could generate 450 million tons of emissions by 2027, accounting for 0.7 percent of global emissions.
November 2 2023 Sam Bankman-Fried was found guilty on seven counts of fraud related to FTX cryptocurrency exchange.
August 13 2023 LiteBit, a cryptocurrency exchange previously headquartered in the Netherlands, was forced to cease all operations due to market changes and regulatory pressure.
March 23 2023 The SEC issued an investor alert warning that firms offering crypto asset securities might not be complying with US laws and may be withholding important information.
February 2023 Median transaction fee for Ether was $2.2845, while for bitcoin it was $0.659.
February 2023 The SEC ruled that Kraken's cryptocurrency staking service was operating as an illegal securities seller, resulting in a $30 million settlement and cessation of staking services in the US.
2022 RenBridge was discovered to have laundered at least $540 million since 2020, including funds from a cyberattack on the Japanese crypto exchange Liquid, linked to North Korea.
2022 The Ukrainian government successfully raised significant humanitarian aid through cryptocurrency following the Russian invasion of Ukraine.
November 11 2022 FTX Trading Ltd., a major cryptocurrency exchange valued at $18 billion, filed for bankruptcy, causing significant disruption in the cryptocurrency ecosystem.
September 2022 Cryptocurrency total market value halved from its peak, dropping from $2 trillion to approximately $1 trillion within nine months.
September 2022 South Korean prosecutors request an Interpol Red Notice against Do Kwon, founder of Terraform Labs, following the stablecoin collapse.
September 16 2022 The Comprehensive Framework for Responsible Development of Digital Assets was released to support cryptocurrency development while restricting illegal use.
September 15 2022 Ethereum transitioned from proof-of-work to proof-of-stake consensus mechanism in an upgrade called 'the Merge', reportedly reducing energy use and carbon emissions by 99.9%.
June 2022 Bing terminated its cryptocurrency advertisement ban, opening up its platform for crypto-related marketing.
June 2022 Bill Gates publicly stated that cryptocurrencies are '100% based on greater fool theory', expressing strong criticism of the cryptocurrency market.
May 2022 Major cryptocurrency price crash: Bitcoin lost 20%, Ethereum lost 26%, Solana lost 41%, and Cardano lost 35% in one week, attributed to inflation warnings.
May 2022 The collapse of the Luna currency operated by Terra led to reports of suicidal investors in crypto-related online forums.
May 2022 The collapse of the Luna currency operated by Terra led to reports of suicidal investors in crypto-related online forums.
May 11 2022 Terra's stablecoin UST catastrophically crashes from $1 to 26 cents, leading to the loss of nearly $40B in Terra and Luna coins.
April 2022 Computer programmer Virgil Griffith was sentenced to five years in prison in the US for attending a cryptocurrency conference in Pyongyang and presenting on blockchains potentially used for sanctions evasion.
March 2022 American sources warned about potential crypto-transactions being used to evade economic sanctions against Russia and Belarus.
March 9 2022 President Biden issued an executive order addressing the development of cryptocurrency regulations, balancing industry growth with preventing illegal transactions.
February 2022 Western nations imposed severe economic sanctions on Russia following its invasion of Ukraine, which drew attention to cryptocurrency's potential role in financial transactions.
February 17 2022 The Department of Justice appointed Eun Young Choi as the first director of the National Cryptocurrency Enforcement Team to address cryptocurrency misuse.
January 2022 IMF's financial counsellor Tobias Adrian emphasized the need for a coordinated, consistent approach to cryptocurrency supervision in an interview.
2021 Nearly $2.2 billion worth of cryptocurrencies was embezzled from DeFi protocols, accounting for 72% of all cryptocurrency theft in the year.
2021 A backlash emerged against cryptocurrency donations due to environmental emissions, leading some aid agencies to stop accepting bitcoin and seek alternative 'greener' cryptocurrencies.
2021 The Library of Congress documented 9 countries with an 'absolute ban' on cryptocurrency trading or usage, including Algeria, Bangladesh, Bolivia, China, Egypt, Iraq, Morocco, Nepal, and the United Arab Emirates.
2021 Criminals laundered a significant amount of cryptocurrency, representing a 30% increase from the previous year, with 47% of funds sent from crime-linked addresses routed through a small group of centralized exchanges.
2021 Kazakhstan became the second-biggest cryptocurrency mining country, producing 18.1% of the global exahash rate, and built a compound with 50,000 computers near Ekibastuz.
2021 Over $400 million worth of cryptocurrency ransomware revenue (74%) went to software strains likely affiliated with Russia.
2021 UK financial regulator (FCA) research revealed significant consumer misconceptions about cryptocurrency, including that 70% of respondents wrongly assumed cryptocurrencies were regulated and 75% of younger investors were driven by competition with friends and family.
2021 The U.S. sanctioned Suex, a cryptocurrency exchange suspected of facilitating money laundering.
2021 The U.S. arm of Greenpeace discontinued accepting bitcoin donations after seven years, citing concerns about the high energy consumption required to run bitcoin.
2021 The Science and Innovation Centre at Bletchley Park closed, with Blocks A and E being repurposed as part of the museum's facilities.
2021 Kate Quinn published 'The Rose Code', a historical fiction novel set at Bletchley Park, inspired by the true stories of the park's veterans.
December 2021 Facebook ended its cryptocurrency advertisement ban, permitting crypto-related promotional content on its platform.
December 2021 Monkey Kingdom, a Hong Kong-based NFT project, lost US$1.3 million in cryptocurrencies through a hacker's phishing link.
December 2021 Bitcoin estimated to produce 65.4 million tons of carbon emissions, equivalent to the annual emissions of Greece, and consuming between 91 and 177 terawatt-hours annually.
December 31 2021 Total cryptocurrency market value peaked at $2 trillion by the end of 2021.

We are only showing the most recent entries for this topic.

This contents of the box above is based on material from the Wikipedia articles Bletchley Park, Cryptocurrency & GCHQ, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.

See Also