Blockchain can help eliminate cybercrime threats
Cybercrime is a growing scourge that shows no signs of slowing down anytime soon without a serious game changer to stem the tide.
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Wall Street mainstays setting up digital assets exchange with on-chain settlement
Some of the biggest names in finance are joining together to create the EDXM exchange, citing a pent-up demand for crypto assets and the need for compliance and security. 722 Total views 6 Total shares Major financial firms have teamed up to create EDX Markets (EDXM), a new exchange that will trade digital assets through…

Bitcoin price rejects at $28K as analysts eye CME futures gap dip
BTC price action sees weakness a day from the May monthly close, with Bitcoin analysts closely monitoring bid liquidity. 338 Total views 2 Total shares Bitcoin (BTC) fell into the May 30 Wall Street open as the return of United States equities failed to boost performance.BTC/USD 1-hour candle chart on Bitstamp. Source: TradingViewBitcoin pauses into…

Bitcoin ETF hype fails to shake bearish $20K BTC price targets
Bitcoin (BTC) marched to 17-month highs on Oct. 24 as exchange-traded fund (ETF) excitement boosted already bullish BTC price action.BTC/USD 1-day chart. Source: TradingViewBitcoin ETF data listing hints at “time to shine”Data from Cointelegraph Markets Pro and TradingView showed BTC/USD hitting $35,198 on Bitstamp before consolidating.This represented 17% gains since the prior weekly close and

Coinbase chips in another $25M to crypto super PAC Fairshake
Coinbase has joined Andreessen Horowitz and Ripple in donating $25 million to the crypto-focused super PAC ahead of the United States elections.

Bitmain Plans Overseas IPO, Earned $1 Billion in Net Profit in Q1, Sources Report
Jihan Wu, the co-CEO of crypto mining hardware giant Bitmain, is reportedly planning to conduct an overseas initial private offering (IPO), Fortune’s crypto-focused section The Ledger reports July 30. Bloomberg had reported in June that Wu was “open” to holding an IPO in a market with U.S. dollar denominated shares — like Hong Kong —…

Chinese District Food and Drug Administration to Use Blockchain for Quality Assurance
The Food and Drug Administration of the Chinese Chongqing Yuzhong District is going to apply blockchain technology to its operations, the official newspaper of the Chinese Communist Party, The People’s Daily, reports on Jan. 31.Blockchain will purportedly be applied by the agency to strengthen the supervision of food and drug quality assurance with better traceability…

Texas chases after Wyoming with crypto law proposal, but challenges remain
Everything is bigger in Texas, but when it comes to crypto-friendly legislation, this doesn’t seem to be the case… just yet. On March 12, 2021, Texas Representative Tan Parker introduced the Uniform Commercial Code, also known as UCC, amendment bill (House Bill 4474) to better adapt commercial law to blockchain innovation and digital asset regulations.…

Ex-Ripple board member, Biden adviser joins Harris campaign: Report
Economics adviser Gene Sperling joined Ripple’s board in 2015 after serving under Presidents Bill Clinton and Barack Obama.