April sees $25M in exploits and scams, marking historical low ― Certik

One year after launching a trailblazing licensing scheme for cryptocurrency fund managers, Hong Kong’s securities regulator has issued few and far between. According to a Reuters report on Nov. 6, the licenses introduced by Hong Kong’s Securities and Futures Commission (SFC) in October 2018 have apparently led to few approvals, with reporters succeeding to independently identify…

Bitcoin (BTC) hashrate has decreased by 30% in the last three days in line with the predictions made by industry insiders. Before the halving, Cointelegraph surveyed a number of industry insiders about their expectations for post-halving changes in hashrate.Costs of Bitcoin miningThe halving of the block reward erodes Bitcoin miners’ revenue, reduces their margins, and…

European Central Bank executive board member Yves Mersch believes that the main impediment for CBDC is philosophical rather than technological. A number of countries such as China and Sweden are already experimenting with central bank digital currencies, which are also referred to as CBDCs. The implementation of this new type of money requires a number of aspects…

“What Axie Infinity did for gaming, we want to do for social media,” Chingari co-founder and CEO Sumit Ghosh says. 325 Total views 7 Total shares Indian short-video sharing platform Chingari is preparing to launch its own blockchain network and social token.Chingari has completed a $19-million funding round to launch its mainnet and conduct a…

The Financial Conduct Authority is introducing the post of digital assets director as part of a hiring spree that goes along with its new, more assertive strategy. 102 Total views 25 Total shares UK regulator the Financial Conduct Authority (FCA) has recruited almost 500 additional staff members this year as part of its new three-year…

Chinese crypto mining giant Bitmain is closing its development center in Israel and firing local employees, Israeli business news outlet Globes has learned Monday, Dec. 10.Bitmaintech Israel — founded in 2016 to explore the use of blockchain technology, work on the Connect BTC mining pool and develop the infrastructure behind Bitmain’s artificial intelligence (AI) project…

Russia might become the first country in the world to allow cross-border crypto payments while banning local crypto payments, a fintech expert in the Russian State Duma said. 216 Total views 6 Total shares Russian Prime Minister Mikhail Mishustin on Tuesday officially instructed the government to come to a consensus regarding crypto regulation in Russia…

As concerns about climate change and environmental sustainability continue to grow, many organizations are turning to innovative solutions to help address these pressing issues. One such solution is blockchain technology, which has the potential to revolutionize sustainability efforts across a variety of industries. On April 25, a World Economic Forum (WEF) whitepaper featured blockchain as a…