BlackRock’s Larry Fink says he was wrong, calls Bitcoin digital gold

South Korea's largest wireless carrier, SK Telecom (SKT), is partnering with the world’s fifth largest telecoms firm, Germany’s Deutsche Telekom, to develop a blockchain-based mobile identification solution. The news was reported in a press release from SKT on Feb. 21.A Memorandum of Understanding between the two firms is to be formalized during the Mobile World…

The Financial Action Task Force, a membership body of 37 jurisdictions and two regional organizations, has flagged Malta’s initial push to attract cryptocurrency business as “problematic.” 466 Total views 2 Total shares Malta’s strategy to become a global enclave for digital assets appears to be working, though lax regulatory oversight has raised concerns over money…

Genesis said it will take additional weeks to carve out a recovery path for its lending business. 1245 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTCrypto lending platform Genesis has informed its customers that its withdrawal freeze is likely to last “additional weeks” amid efforts to stave…

Authorized Bitcoin miners will be able to resume their operations after the electricity preservation policy during the hot summer months. Iran will once again allow Bitcoin and crypto miners to operate in the country from the last week of September.According to a report by Iran’s Financial Tribune, Tavanir, the country’s power generation organization, made the decision…

Former IRS supervisor Greg Monahan replaces Karen Leong as the global money laundering reporting officer of Binance. 297 Total views 4 Total shares Former United States Treasury Criminal Investigator Greg Monahan joined major cryptocurrency exchange Binance to oversee the company's international Anti-Money Laundering (AML) efforts, the exchange announced on Aug. 18.Before replacing Karen Leong as…

In this week’s newsletter, read about footballer Cristiano Ronaldo facing a lawsuit after promoting nonfungible tokens (NFTs) tied to crypto exchange Binance, and find out how an NFT collector thwarted a hacking attempt by a person impersonating a journalist. In other news, Azuki DAO is rebranding to Bean, game developer Square Enix announces an NFT

Venture capital interest in cryptocurrency has decreased significantly since the bull run of 2021. At $2.3 trillion in market capitalization, every VC wanted a piece of the industry.The picture is now very different. Another dominant force in the market has attracted the vast majority of venture funding over the past year: artificial intelligence large language…

While the price of Bitcoin (BTC) has been consolidating under $10,000, several altcoins have shown tremendous rallies such as Theta Token (THETA) and Zilliqa (ZIL). Zilliqa, in particular,  the 40th-ranked cryptocurrency by market capitalization, has seen a surge of 950% since the crash in March, which warrants an analysis of whether ZIL’s monster rally is finished…

The total crypto market capitalization rejected at $1.13 trillion on Feb. 16, but there was no change in the month-long ascending channel structure. More importantly, this level represents a 43% gain in 2023, which is far from the $3 trillion level achieved in November 2021. Still, the current recovery is notable. Total crypto market cap in…