Bitcoin miners steamrolled after electricity thefts, exchange ‘closure’ scam: Asia Express
Malaysia gets out the steamroller as Bitcoin mining stolen electricity issue worsens, Korea’s new ‘exchange closure’ scam. Asia Express
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US Banking Giant PNC Starts Using RippleNet for Cross-Border Payments
PNC — the United States’ eighth-largest bank, with almost $400 billion in assets — has become the country’s first to start using the RippleNet blockchain network for cross-border payments.Fintech Futures reported on Aug. 29 that PNC Treasury Management is now offering RippleNet-based cross-border payments solutions to its commercial clients, claiming that the blockchain solution will…

Crypto firms still not widely adopting ‘travel rule,’ says FATF deputy
David Lewis, executive secretary and G20 deputy at the Financial Action Task Force, says crypto firms still have a long way to go before they're compliant. 591 Total views 9 Total shares In 2019, the Financial Action Task Force asked jurisdictions worldwide to adopt its regulatory guidelines for virtual assets. At the V20 conference today, held online,…

Is Binance Getting Too Big? CZ Responds
In an exclusive interview with Cointelegraph, Binance founder CZ responded to concerns about the size of his company. 1900 Total views 40 Total shares Cointelegraph conducted an exclusive interview with Binance founder and chief executive, Changpeng Zhao, or CZ, during Virtual Blockchain Week.During the discussion, CZ addressed concerns from the crypto community regarding the size…

Famous analyst calls $43K Bitcoin price ‘logical’
Current BTC price action is no surprise given recent support and resistance focuses, says Bollinger bands creator John Bollinger. 10171 Total views 35 Total shares Bitcoin may have lost 35% since its all-time highs of $64,500, but its current price is actually “logical.”That’s according to veteran analyst John Bollinger, creator of the Bollinger bands trading…

Bank of Thailand to allow first virtual banks by 2025
By allowing virtual banks, Thailand seeks to boost competition and economic growth. 50 Total views 1 Total shares Own this piece of history Collect this article as an NFTBank of Thailand (BOT) has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able to provide…

Report: Bitfinex Shifts Its Banking Business to Hong Kong-Based Bank of Communications
Cryptocurrency trading platform Bitfinex has reportedly shifted its banking business to the Hong Kong-based Bank of Communications, the Block reported Oct. 16.A source familiar with the matter reportedly said that Bitfinex appears to be banking with the Bank of Communications through the private account “Prosperity Revenue Merchandising Limited.” According to the Block, Bank of Communications…

Pudgy Penguin to debut on Pixelverse, Square Enix backs Soccerverse: Nifty Newsletter
Pixelverse integrates a Pudgy Penguin character into its game to join characters like Doge and Mew.

Bitcoin retail demand dips just 2% as analyst eyes BTC price breakout
Bitcoin retail investor demand stays healthy despite rangebound BTC price action leaving new all-time highs out of reach.