Blockchain identity platform Humanity Protocol valued at $1.1B after fundraise

Stablecoin operator Tether accidentally minted and subsequently burned 5 billion USDT tokens, Whale Alert tweeted on July 13.Whale Alert — a Twitter account dedicated to reporting large cryptocurrency transactions — noted that 50 million USDT tokens were transferred from cryptocurrency exchange Poloniex to the Tether Treasury via the Omni protocol on the Bitcoin (BTC) blockchain.…

Korea's Financial Intelligence Unit is cracking down on foreign-based cryptocurrency exchanges that are yet to register with relevant authorities in the country. 169 Total views 57 Total shares Unregistered cryptocurrency exchanges operating in South Korea could see their services grind to a halt as the Korea Financial Intelligence Unit (FIU) takes action against 16 foreign-based…

The price of Bitcoin surpassed its all-time high on Christmas, reaching $24,681 on Binance. Following BTC’s strong rally, traders and analysts are exploring short-term bear and bull cases. The market sentiment around Bitcoin remains overwhelmingly positive, but there are some concerns put forth by analysts in the foreseeable future and as a result, the next move is…

Hyundai embraces the blockchain and crypto industry with three trademark registrations. 798 Total views 16 Total shares Hyundai is reportedly looking to launch a blockchain ecosystem through its Europe-based subsidiary, Hdac, and IT arm, Hyundai BS&C, after registering three business trademarks with the Korea Intellectual Property Office.According to Chosun, a local media outlet, Hyundai BS&C’s…

Today's Nifty News rounds up NFT projects centered around the Winter Olympics, which began Friday in Beijing, China. The following are initiatives taken by the International Olympic Committee, or IOC, The British Olympic Association, and an independent artist leading up the 2022 games.IOC celebrates Olympic history Since June 2021, the IOC has collaborated with nWayPlay, an NFT…

The failures of centralization in protecting individual and business data have been highlighted repeatedly over the past few years. Facebook, Google, Twitter, Microsoft, Sony and many more have all faced large-scale data hacks that have exposed the private information (and more) of their customers. The problem is not just data theft — banks, financial institutions…

Wednesday, Feb. 20 —  cryptocurrency markets are turning around for the green after trading sideways at the beginning of the day. Almost all top 20 coins are seeing minor gains, according to data from CoinMarketCap.Market visualization from Coin360Earlier today, Bitcoin (BTC) broke the $4,000 threshold, reaching the $4,010 mark. However, at press time the leading…

Elwood is set to sell its blockchain-focused ETF index to CoinShares for $17 million. 205 Total views 2 Total shares European digital asset manager CoinShares announced it is acquiring the exchange-traded fund (ETF) index business from crypto firm Elwood Technologies for $17 million. The transaction is expected to be completed in the second week of…