BlackRock’s Larry Fink says he was wrong, calls Bitcoin digital gold
BlackRock, the world’s biggest hedge fund, currently has $10.6 trillion in assets under management and the largest Bitcoin investment fund.
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Filecoin service provider announces move to Singapore in light of tightening restrictions in China
The service provider also announced the launch of a new system upgrade to increase yield efficiency. 122 Total views 3 Total shares RRMine Global, a Filecoin service provider offering global cloud-computing asset management, announced Wednesday that it has shut down business operations in mainland China and is relocating its headquarters to Singapore. The company said the…
Bitcoin Price Dips Below $9,200 After Rejection by $9,500 Resistance
Bitcoin (BTC) dropped below $9,200 on Nov. 3 after a fresh attempt to crack resistance above $9,500 ended in rejection.Cryptocurrency market daily overview. Source: Coin360Bitcoin stays in low $9K corridorData from Coin360 showed BTC/USD continuing its ranging behavior with $9,000 as support on Sunday. At press time, the pair traded around $9,120, having fallen around…
South African Crypto Exchange Hits Milestone 3M Wallets, $5M Volume
Major South Africa’s crypto exchange Luno has continued growing, having processed more than $5 million worth of crypto in August 2019.Marius Reitz, general manager for Africa at Luno, claimed that over 80 million South African rands ($5.4 million) worth of crypto has been completed on Luno’s South African platform on a daily basis in the…
Do Kwon out on bail once again after court dismisses prosecution appeal
The Terraform Labs co-founder is out on bail after a successful appeal in Montenegro but will be closely monitored until his next court appearance. 155 Total views 7 Total shares Terraform Labs co-founder Do Kwon has been granted bail in Montenegro after an appeals process by prosecutors was dismissed by a Montenegrin court on June…
Snoop Dogg may be the face of Web3 and NFTs, but what does that mean for the industry?
Described by many users and outsiders as the Wild West, Web3 is open-source and decentralized, and it has been prompting many to look for ways to profit from its features, especially with the growing Metaverse.While some companies and investors are sorting out where to place their best bets, popular rapper and nonfungible token collector Snoop…
ETH 2.0 Development Firm CasperLabs to Work on Its Own Blockchain
CasperLabs, the firm tasked with developing Ethereum’s implementation of Proof-of-Stake (PoS), has decided to launch its own blockchain.According to a recent announcement, CasperLabs plans to launch its own PoS blockchain in collaboration with Singapore-based crypto exchange BitMax.BitMax will host CasperLabs’ Exchange Validator Offering (EVO) and allow retail investors to get hold of the network’s CLX…
Experts find private keys on Slope servers, still puzzled over access
Blockchain analysis firms involved in Solana exploit investigation unpack the latest developments as teams try to figure out how private keys were stolen. 35 Total views 3 Total shares Blockchain auditing firms are still trying to figure out how hackers gained access to about 8,000 private keys used to drain Solana-based wallets. Investigations are ongoing after…
Russia legalizes Bitcoin and cryptocurrency mining
Russia explores other forms of international trade settlement following US sanctions blocking it from the SWIFT interbank messaging system.