BlackRock’s Bitcoin ETF daily inflow hits $0 for the first time

In South Korea, one in three citizens either own cryptocurrencies or get paid in them. One-tenth of its population trades digital assets, and its youth unemployment rate hovers above 10%. It’s a competitive job market in the East-Asian nation, where high expenses enforce hierarchical social structures, and financial stability can seem like a pipe dream.On…

South Korea’s LG UPlus, a mobile carrier owned by the country’s fourth largest conglomerate LG Corp., is launching a blockchain-based cross-carrier overseas payment service, Korea Times reports today, September 16.Last Thursday, September 13, LG UPlus had signed an MoU to develop the new service alongside three global partners: Taiwan-based Far EasTone Telecommunications, Japan’s SoftBank, and…

The United States Federal Reserve is hiring a manager for its Retail Payments section in Washington, D.C.On Nov. 3, the U.S central bank posted a new job opening to its website, looking for a new manager who is expected to contribute to the research of digital currencies, stablecoins and distributed ledger technologies. Besides the principal duties…

Yusko claimed “Investors drive long term value, speculators drive current price.” 573 Total views 11 Total shares The motivation and time horizon for entering Bitcoin (BTC) will ultimately dictate whether investors succeed in this new asset class, according to crypto pioneer Mark Yusko.On Friday, the CEO of Morgan Creek Capital Management commented on the recent…

Bitcoin stands to potentially gain big from global liquidity trends, analysis concludes, as the June BTC price downtrend ends.

Blockchain firm CyberVein is partnering with the Chinese government to build a blockchain-powered governance system for its aerospace ‘smart city.’ 1900 Total views 28 Total shares Singapore-based blockchain data firm CyberVein has become one of 12 firms participating in the construction of China’s Hainan Wenchang International Aerospace City.Construction commenced last month, with the site previously…

The court was unmoved by LBRY’s objections that the regulator’s claims were unfounded and it was not given the chance to operate in compliance with SEC requirements. 701 Total views 60 Total shares A United States District Court ruled in favor of the Securities and Exchange Commission (SEC) Nov. 7 in its case against blockchain-based…

Sam Bankman-Fried said that crypto miners did not fit into the company’s core strategy and there is no synergy from an acquisition standpoint. 628 Total views 23 Total shares Sam Bankman-Fried, the founder of crypto exchange FTX, has calmed speculation that the company is exploring acquisitions of distressed crypto mining companies, clarifying on Twitter on…

Russian deputies have removed the definition of crypto mining from a draft bill on digital currency regulation ahead of its next reading in the State Duma, major local news agency Interfax reports Oct. 19. Consequently, the new law will not clarify tax issues for miners.The chairman of the Duma Committee on Financial Markets Anatoly Aksakov…