Binance founder CZ sees positive shift in crypto regulation worldwide
Developing crypto regulations, along with a political shift toward cryptocurrencies, is a “very positive direction” for the industry, according to Changpeng Zhao.
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Malaysia is literally crushing thousands of illegal Bitcoin miners
It’s unclear why authorities outright destroyed the miners rather than attempting to reap some value, but they could still be sold for scrap. 417 Total views 2 Total shares Authorities in Malaysia destroyed more than $1.2 million worth of Bitcoin mining rigs after they were confiscated for operating illegally.In a video posted today from local…
Seven times that US regulators stepped into crypto in 2020
As digital assets made strides toward mainstream status in 2020, the guardians of the incumbent financial system have been working hard to minimize disruption caused by their integration. In the U.S., regulatory and law enforcement interventions throughout the year have left some projects out of business, empowered traditional players to take a closer look at…
Indian IT Ministry directs crypto exchanges to store user data for 5 years
The new directives for VPN service providers and crypto exchanges would require them to collect critical private information as well as the ownership patterns of customers. 346 Total views 7 Total shares The Indian Computer Emergency Response Team (CERT-in), which falls under the Ministry of Electronics and Information Technology, issued a new directive on Thursday,…
Sights set on mainstream adoption: Is another DeFi summer on the way?
Over the last year, decentralized finance has been the hottest topic of discussion in the crypto world, pushing the entire industry to new heights, developing innovative applications for the technology, and making financial services more accessible. It intends to place economic infrastructure back in the hands of the people, and just like how TCP/IP facilitated the…
Vitalik Buterin says Ordinals have revived ‘builder culture’ on Bitcoin
The Ethereum co-founder said new developments on Bitcoin provide "good" pushback against “laser-eye” maximalists. The advent of Bitcoin (BTC) Ordinals signals the “organic return of builder culture” to the network, according to Ethereum co-founder Vitalik Buterin.Buterin made the comments in a July 7 Twitter space where he spoke at length with Bitcoin proponents Eric Wall…
New Study Provides Bullish Outlook on Bitcoin, Claiming $98,000 Possible
According to new research conducted by Initial Coin Offering (ICO) advisory firm Satis Group, the Bitcoin (BTC) price could potentially reach $98,000 in the next five years. The report written by Sherwin Dowlat and Michael Hodapp represents the fourth part of a five-part series covering the crypto space.The report states that, in terms of upward…
NFT and Islamic education: A new frontier to teach religion?
In terms of whether NFTs are halaal or haram, Islam is usually taught with the intention of fitting into the world's ever-changing demands, said Shukla. 499 Total views 10 Total shares The world is in the midst of a digital revolution and with it, the way we think about value is shifting. The application of…
Metaco partners with IBM for secure digital asset orchestration system
Metaco will use IBM Cloud to provide robust security-critical technology for institutional investors entering the digital asset space. 2060 Total views 16 Total shares Digital asset security infrastructure outfit Metaco has partnered with tech conglomerate IBM to utilize the latter’s cloud platform for enterprise-grade digital asset custody solutions.According to a press statement issued on Thursday,…