25,000 Blockchain Firms in China Tried to Issue Cryptos, Senior Official Claims

Mirae Asset Securities, South Korea's largest financial group with over $500 in assets under management, said Thursday that it is working with Ethereum scaling platform Polygon Labs to advance tokenization within finance and boost adoption of Web3 technologies.Polygon Labs will be a technical consultant in The Mirae Asset Security Token Working Group, which is working

Oct 6, 2020 at 22:03 UTCUpdated Oct 6, 2020 at 22:40 UTCAn official for China’s central bank has unveiled usage statistics of state-backed digital currency trials that were conducted in three Chinese cities.Speaking virtually at the Sibos 2020 conference on Monday, Fan Yifei, deputy governor of the People’s Bank of China, said the bank opened…

feature The ethereum movement, headed by flagship organizations like the Ethereum Foundation and the Brooklyn-based conglomerate ConsenSys, emerged from Blockchain Week 2019 with a common goal and a newfound sense of urgency. In short, building ethereum 2.0 — the blockchain network’s ambitious reinvention plan — will require maturity. “The only people left are those that…

Tigran Gambaryan’s bail was refused by a Nigerian court on Friday.Nigeria has taken Binance and its executives to court and is pursuing tax evasion and money laundering charges.Detained Binance executive Tigran Gambaryan’s bail application was denied by a Nigerian court on the grounds that there is a likelihood that he will manage to jump bail

markets View Bitcoin is again closing on the 200-week moving average, which served as strong support in December. The weekly RSI is more bearish this time round, though, and is reporting undersold conditions. A weekly close below that level could be followed by a slide back to September 2017 lows near $2,970. A failure to…

NEWSINBRIEF South Korea is set to test a blockchain system next month in an effort to improve the reliability and security of online voting. The National Election Commission (NEC) announced the news Wednesday, saying it will begin the pilot in December with development assistance from the Ministry of Science and ICT. The NEC’s existing online voting system,…

A third consecutive week of sizable net inflows into cryptocurrency funds has pushed the yearly total above $1 billion, according to digital asset manager Coinshares.Digital asset investment products saw net inflows of $293 million last week, bringing year-to-date inflows to a total of $1.14 billion. That makes 2023 as having the third highest yearly inflows

news The cryptocurrency markets fell sharply on July 14 after bitcoin (BTC) endured another $1,400 sell-off, denying the bulls a chance to revisit 2019 highs. At 09:00 UTC on July 14, BTC began to shed $1400 from its price tag, dropping below $11,000 and then $10,500 for the first time since July 2. Prices had…

This summer, athletes from around the world will meet in Paris for the Olympic Games. One competition is the pentathlon, in which athletes compete in four distinct contests: swimming, fencing, riding and running and shooting. It’s a test of strength, agility and speed.Matthew Homer is a VC investor and adviser to founders in the crypto