Binance Bitcoin reserves hits January levels — months before BTC jumped 90%
Bitcoin reserves on Binance have fallen under 570,000 BTC, the lowest level since January. Will history repeat itself?
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Hong Kong stablecoins bill advances to the Legislative Council
The proposed bill includes specified licensing requirements for stablecoin issuers, offering and marketing restrictions and broader consumer protection.
UK-Based Maritime Society Creates Model of Blockchain-Based Ship Register
Lloyd's Register (LR), a British tech and business maritime classification society, has created a model of a blockchain-powered class register of ships, according to an official press release published September 4.LR’s new class register is reportedly “the first demonstrator that can register ships into Class” by deploying blockchain technology. Originally, LR published the first “Register…
Bitcoin price all-time highs driven by spot volumes — Analyst says $115K is next
Bitcoin prints a new all-time high above $107,700, while several analysts call for much higher prices in the short term.
Russia’s central bank digital currency: Prospects and problems
Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and the number of contactless transfers and payments are increasing every year. Such active development requires changes in legislation, and inevitably, many specialists and representatives of…
PayPal might issue its own cryptocurrency soon, says CoinShares exec
The CSO of CoinShares thinks that a payments-focused PayPal token could be forthcoming. 1094 Total views 1 Total shares Global digital payment giant PayPal might be moving into issuing its own cryptocurrency after officially entering the crypto industry, according to a major industry exec.Meltem Demirors, CSO at digital asset management firm CoinShares, says that she…
Did Ethereum Silently Give Up on Plasma?
In a Jan. 27 post, Dragonfly Research proclaimed Plasma to be dead, noting that the Ethereum (ETH) community is converging on Optimistic Rollup, despite initial enthusiasm. The news comes in stark contrast to earlier claims by Plasma Group arguing that the technology was moving into production phase.The history of PlasmaThe original paper detailing the Plasma…
Japan’s Line Reportedly Close to Obtaining FSA License for Japanese Crypto Exchange
LVC Corporation, the digital asset- and blockchain-focused arm of Japanese messaging giant Line, is allegedly close to obtaining a crypto exchange operating license from Japan’s financial regulator. The news was reported by Cointelegraph Japan on June 20.According to the report, Japan’s Financial Services Agency (FSA) could issue the company with an exchange license as early…
Paxful Launches Bitcoin Fundraising Campaign to Combat COVID-19 in Africa
Peer-to-peer crypto marketplace Paxul is expanding its charitable program to Africa amid the COVID-19 crisis. 408 Total views 2 Total shares Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced on May 4 the expansion of its #BuiltWithBitcoin charitable initiative in Africa with the launch of the “Africa Fund.” The fund will use Bitcoin (BTC) donations to purchase essential…