Bhutan has twice as much Bitcoin as El Salvador, says Arkham
Bhutan’s investment arm, Druk Holdings, holds more than 13,000 BTC, which is more than double El Salvador’s stash.
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KFC Korea and TriumphX marketplace sign deal to develop NFT content
KFC wants to promote its branding to Koreans through nonfungible tokens. 208 Total views 1 Total shares Entertainment and nonfungible token marketplace TriumphX has signed a memorandum of understanding (MOU) with fast-food giant KFC in South Korea.The agreement will focus on joint blockchain research with the aim of integrating NFT technologies and enhancing the branding…
Strict Thai crypto regulation causes SCB to delay Bitkub acquisition
SCB X notified the Stock Exchange of Thailand that the Bitkub acquisition is “still undergoing due diligence.” 179 Total views 15 Total shares Thailand’s oldest bank is unable to acquire the country’s largest local cryptocurrency exchange due to stringent crypto regulations.As reported by Cointelegraph in November 2021, SCB X Group, a subsidiary of Siam Commercial…
US Justice Dept announces launch of national crypto enforcement team
“We need to make sure that folks can have confidence when they’re using these systems and we need to make sure we’re poised to root out abuse that can take hold on them," said Lisa Monaco. 272 Total views 2 Total shares An official from the Office of the Attorney General has said the United…
Fake Manchester United token soars 3,000% after Elon Musk jokes about buying team
Manchester United Fan Token (MUFC) is a dead coin and not related to the sports franchise, but one Elon Musk tweet was enough to revive it on Aug. 17.Also, I’m buying Manchester United ur welcome— Elon Musk (@elonmusk) August 17, 2022 Fake Man U token pumps after Elon Musk's tweetTo clarify, MUFC is not an…
AC Milan fans to use blockchain tokens to vote on soccer club motto
European football giant AC Milan debuts its ACM fan token with a vote on the club motto for the rest of the playing season. 2100 Total views 11 Total shares Italian football giant AC Milan has just launched its own fan token, enabling fans to vote on a club motto for the season.According to a…
FTX founder’s parents sued, accused of stealing millions from crypto exchange
Debtors of the bankrupt cryptocurrency exchange FTX have launched action against the parents of FTX founder Sam Bankman-Fried, alleging that they misappropriated millions of dollars through their involvement in the exchange’s business.The counsel for FTX debtors and debtors-in-possession, represented by the law firm Sullivan & Cromwell, on Sept. 18 filed a lawsuit against SBF’s parents
Skirting the Great Wall, Part Three: The Paradox of Cryptocurrencies in China
Next month marks the fifth-anniversary of the People Bank of China (PBoC)’s very first cryptoregulatory intervention, with the issuance of its ‘Notice on Precautions Against the Risks of Bitcoin’ in Dec. 2013. Over the years, the Chinese authorities have cemented an increasingly hardline stance, as their perception of the financial risks posed by crypto has…
ChatGPT sees traffic fall 10% in June after initial rush from users
Despite the decline in traffic, ChatGPT still stays ahead of its AI chatbot competitors like Google’s Bard and Character AI. Worldwide traffic for the popular artificial intelligence (AI) chatbot ChatGPT has witnessed a decline from the month of May to June, suggesting a reduction in interest in the AI assistant tool developed by OpenAI. According to…