Binance to be under FRA surveillance for next 3 years: Report

Institutional clients have shown strong demand for airtight and insured custody options. 2793 Total views 22 Total shares Digital asset custody firm BitGo has expanded its cold storage insurance program, raising its insurance capacity by $600 million.BitGo debuted its crypto insurance program through global insurance and reinsurance market Lloyd’s of London in 2019. This enabled…

Samsung Asset Management acquired a 20% equity stake in the U.S. ETF provider Amplify Holding Company in March 2022. 47 Total views 8 Total shares Hong Kong-based Samsung Asset Management (SAMHK), a local subsidiary of Samsung’s investment arm, is moving forward with a blockchain-themed exchange-traded fund (ETF).The firm expects to launch its Samsung Blockchain Technologies…

Iconic former English Premier League footballer, David Beckham, has become a global brand ambassador for the DigitalBits blockchain, launching his own range of NFTs in the process.Beckham will release a series of NFTs and “other Blockchain-based digital assets” according to the brand ambassador announcement, with minting taking place on the DigitalBits blockchain.— DigitalBits (XDB) (@DigitalBitsOrg)…

Bitcoin (BTC) has just reentered a key price zone, which has signaled the beginning of the end for bear phases, data confirms.In a tweet on Jan. 24, Charles Edwards, founder of crypto investment firm Capriole, flagged Bitcoin’s network value to transaction (NVT) ratio metric as it delivered a new and rare “oversold” signal.NVT says it’s…

The 100k user milestone represents 2% of Kakao’s current user base in South Korea. 1613 Total views 46 Total shares South Korean company, Kakao, announced that its new crypto wallet function surpassed 100,000 users in less than a day in its chat app, KakaoTalk. The feature went live on June 3.According to the internet giant,…

Bitcoin (BTC) miners emit a lot of heat. Some miners use that heat to warm swimming pools, dehydrate meat to make beef jerky or even dry out timber at a Swedish hydropower Bitcoin farm. In Ireland, the “Bitcoin Farmer” joked that he hangs out laundry to dry in front of his Bitcoin miner.S9 #bitcoin beef jerky…

Understanding the difference between the front and back end is crucial with Web3 technology. The term “front end” describes the portion of Web3 applications that consumers interact with directly. This includes the technology’s user-facing side, websites and decentralized applications (DApps). The back end, on the other hand, refers to the complex system that supports these Web3

Today’s consumers are willing to trade their data for personalization but have fast-growing concerns about data privacy. In a survey from a digital security and credential issuance company Entrust, only 21% of the respondents trust established global brands to keep their personal information secure.As data privacy pressure on Big Tech increases, these companies are starting…

The Alphabet Workers Union filed a report to the U.S. National Labor Relations Board accusing Google of violating labor law that prohibits retaliation against organizing. 125 Total views 1 Total shares Google and Accenture, who have a joint business venture, are being accused by the Alphabet Workers Union of being in violation of federal labor…