Biggest Friend.tech whale dumps tokens as users struggle to claim airdrop
The largest Friend.tech whale has sold all his holdings, causing the new token to fall over 50% in value while other users are still unable to claim the airdrop.
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China Banking Body to Develop Multi-Use Blockchain Platform With Major Banks
China’s self-regulatory bank organization the China Banking Association (CBA) will launch a blockchain-based platform to improve efficiency across the sector, participants confirmed in a statement Dec. 29.The project, formally dubbed the ‘China Trade Finance Inter-bank Trading Blockchain Platform,’ aims to use blockchain to target trade finance, transactions and other financial services.Multiple guinea pigs have signed…
Brazil’s Rio de Janeiro will accept crypto-payments for property taxes
The city will allow taxpayers to make crypto payments through third-party service providers. 46 Total views 1 Total shares
Former Official Says China Needs to Reform Crypto Laws
A Chinese official indicated that crypto will inevitably be part of the digital capital market. 3268 Total views 26 Total shares Xiao Gang, former chair of the China Securities Regulatory Commission, said the country is facing a digital economy transformation and needs to embrace the right regulations for the fast growing crypto market. Xiao was speaking…
Bitcoin Rallies 5% as US Regulator Greenlights Bank Crypto Custody
The price of Bitcoin (BTC) is up 5% in the past 24 hours and currently trades at $9,600 after reaching a daily high at $9,664. The overnight increase in BTC coincides with an unexpected decision from the Office of the Comptroller of the Currency (OCC).On July 22, the OCC said banks in the U.S. are…
OpenSea promises comeback with new, improved platform
A newly revitalized OpenSea is coming soon, but details were thin.
Terraform claims SEC offered ‘no evidence’ for $4.7B in disgorgement
Lawyers for the firm claimed that any alleged losses caused by the platform’s or Do Kwon’s actions happened outside the United States, beyond the SEC’s authority in the civil case.
Blood on the Blockchain: Tokenizing Can Make Donations More Effective
A system in which health officials would be able to track blood donations from vein-to-vein in real-time, given the complexities of the blood supply chain, may sound impossible. However, using blockchain technology to track and trace blood supply chains may turn this idea closer to reality. The American Red Cross estimates that someone in the United…
Dogecoin Margin Trading and Saving Accounts Now on OKEx
The announcement follows a Dogecoin marketing campaign that caused the coin’s price to surge 124% in two days. 1217 Total views 18 Total shares Cryptocurrency exchange OKEx launched saving accounts and margin trading for meme cryptocurrency Dogecoin (DOGE).According to an announcement shared with Cointelegraph on July 9, OKEx announced that leveraged spot trading, perpetual swap…