Binance dominates among Chinese crypto users, X provides guidance
A survey of more than 2,000 Chinese speakers shows clear favorites and frequent appeals for supernatural assistance.
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Dapper Labs Welcomes CryptoKitties Onto Flow Blockchain
The team behind CryptoKitties, the popular crypto-collectibles game, has announced the game will launch on the Flow blockchain. 3641 Total views 36 Total shares Dapper Labs has announced that its popular Ethereum-based collectibles game CryptoKitties will be launched on its Flow blockchain.Flow blockchain was built by Dapper Labs to address many of the challenges the…

US Man Pleads Guilty to Running $25 Million Bitcoin Laundering Scheme
A Los Angeles man pleaded guilty to running a $25 million Bitcoin (BTC) money laundering scheme and sale of methamphetamine.Possible life sentenceNews outlet U.S. News reported on Aug. 23 that 25-year-old Kunal Kalra has pleaded guilty to charges including money laundering and distributing methamphetamines. Per the report, he could be sentenced to life in prison.The…

CME Group to pilot tokenization technology for capital market efficiency
The new solutions will be piloted through the Google Cloud Universal Ledger Technology (GCUL). US derivatives exchange operator CME Group is piloting solutions for tokenized assets using Google Cloud Universal Ledger (GCUL), a new distributed ledger that was designed for traditional financial institutions. According to a March 25 announcement, CME has already begun integrating GCUL

Bitcoin nears $40K amid warning BTC price will correct before bull market resumes
Another price dip is required before continuation, one trader says, giving a short-term target of $36,000 for BTC/USD. BItcoin (BTC) edged closer to $40,000 on June 3 as bulls gathered increasing signals that the bottom is in.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC/USD to $36,000 next?Data from Cointelegraph Markets Pro and TradingView showed BTC/USD retaining…

Former CFTC chair criticizes STABLE Act amid calls for urgent regulatory clarity
Representative Stephen Lynch said he worries that without proper crypto regulation, lawmakers are “[inviting] the next financial disaster.”

What the forks? Bitcoin Cash and Ethereum Classic see triple-digit rallies
It’s undeniable that Bitcoin (BTC) and Ethereum (ETH) are currently the two most dominant cryptocurrencies and as a result they receive the most of the attention from the mainstream media, institutional investors, and retail investors, but this doesn't mean that the sector leaders are not occasionally challenged by competitor networks.Two forked projects that once sought…

Winklevoss Brothers Launch Fiat-Backed Stablecoin After New York Regulator’s Green Light
Tyler and Cameron Winklevoss, creators of cryptocurrency trading platform Gemini, have received permission from New York regulators to launch their own stablecoin, according to a post on Gemini’s Medium Monday, September 10.The so-called Gemini dollar now has the backing of the New York Department of Financial Services (NYDFS). The brothers’ Medium post describes the coins…

Fearing Revolt, Roger Ver’s Bitcoin.com Backs Down From Proposed BCH Mining Tax
According to a statement earlier today, Jan. 28, Roger Ver’s Bitcoin.com is backing down from the 12.5% mining tax on Bitcoin Cash they proposed along with other major BCH mining pools owing to the community’s overwhelming negative response to the proposal. Bitcoin.com’s positionLast week, Bitcoin Cash (BCH) personalities proposed a 12.5% tax on mining rewards that…