Bitcoin collateralized loans can accelerate capital velocity: Ledn CEO

A bill meant to clarify the classification of cryptocurrencies has been introduced in the U.S. state of Wyoming Jan. 18, according to the official state legislature website.The bill places crypto assets into three categories: digital consumer assets, digital securities and virtual currencies. The bill defines assets falling in any of those three categories as intangible…

Saudi Arabia’s Finance Ministry has warned against crypto tricksters using the kingdom’s official emblem to promote tokens that purport to be tied to government projects.Arab News reported on Aug. 21 that the ministry has identified a Singapore-based company promoting two fraudulent cryptocurrencies, dubbed “CryptoRiyal” and “SmartRiyal." Fraud alert: hype and pumpCryptoRiyal and SmartRiyal’s promoters are reportedly…

In 1996, there were over 8,000 public companies listed on exchanges in the United States. Fast forward to 2020 and there are only approximately 4,400 — a drop of 46% despite the fact that the S&P 500 quadrupled in value. Conventional wisdom would lead readers to think they are looking at a misprint. This paradox…

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.Market data is provided by the HitBTC exchange.Regulations are a double-edged sword. If utilized correctly, they can infuse…

In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own. The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes. It discovered 16 environmental impact categories. As with cryptocurrency, energy efficiency was a major issue.Banknotes continue to be the most

Despite this week’s Bitcoin price sell-off, the rally to $68,000 put short-term traders back in profit and onchain metrics remain bullish.

The Chain Integration Pilot (CHIP) of the Auburn University RFID Lab in Alabama has published a proof-of-concept whitepaper that seeks to demonstrate the efficiency savings blockchain technology can unlock across the contemporary supply chain. The proof-of-concept was designed to ingest, encode, distribute, and store serialized data from multiple points throughout the supply chain on Hyperledger Fabric. The…

The Bermuda Ministry of Finance has approved the initial coin offering (ICO) of trading company Velocity Ledger Holdings Limited (VLHL), according to a press release published on April 10.VLHL’s subsidiary VL Financial is now in the application process with the Bermuda Monetary Authority (BMA) to obtain the relevant licenses to operate. If approved by the…

Earlier this week PlusToken, one of the largest scams in the cryptocurrency world, tried to move 789,500 Ether (ETH), but the movement of these stolen funds were temporarily held up by congestion issues within the Ethereum network.The $186 million transfer came from a known Ethereum address and was later split into 50 different transactions, possibly…