Chief author behind President Biden’s crypto EO rejoins administration

Junior Minister for Financial Services, Digital Economy and Innovation in the Government of Malta Silvio Schembri announced that the nation’s business registry (MBR) will employ blockchain, local financial service firm Zeta reports on July 31.First blockchain-based government agency?Per the report, when making his remarks at the Prime Minister Dr. Joseph Muscat’s inauguration of the new…

Traders are using various strategies to determine whether Bitcoin price has bottomed, but on-chain activity and derivatives data hint that the situation remains precarious.Has Bitcoin price bottomed yet? According to @noshitcoins, derivatives and on-chain data signal that further downside could be in store.Traders have been trying to time the much-anticipated trend reversal ever since Bitcoin…

A crypto consortium including Bittrex Global, Ledger, CertiK, and Uphold, has launched a gold token backed by the world’s largest refiner of newly minted gold. 5048 Total views 23 Total shares The Universal Protocol Alliance — a consortium of crypto firms comprising Bittrex Global, Ledger, CertiK, and Uphold —  has launched a token backed by…

The Association of Banks of Russia has launched a dedicated expert center focused on cryptocurrency regulation. 638 Total views 20 Total shares Amid Binance halting its services in countries like Israel over licensing matters, the world’s largest cryptocurrency exchange by trading volume continues strengthening relations with Russia.Binance announced Thursday its entry into the Association of…

In a dramatic week for Bitcoin price action, traders are keen to capitalize, hitting a new all-time high for the leverage ratio. 1419 Total views 5 Total shares The estimated leverage ratio for Bitcoin (BTC) hit a new all-time high last night according to CryptoQuant. Further metrics point to growing leveraged interest, but liquidations have…

nginx/1.17.3

The nonfungible token (NFT) industry has experienced some market turbulence over the past few months, but this hasn’t stopped both Twitter and Instagram from making moves into an industry that some estimate could be worth $231 billion by 2030. This comes off the back of Twitter having recently announced NFT Tweet Tiles and Instagram releasing an…

"I have worked with this person for many years, and he has a tendency to try to change the terms of payment after agreeing on a certain way of operating," said the contract worker. 1436 Total views 13 Total shares A United States-based business development specialist has claimed that a company that paid them for…

Patrick Byrne, founder and CEO of U.S. retail giant Overstock, is planning to sell the retail arm of his company to focus on blockchain by early next year, The Wall Street Journal (WSJ) reports Nov. 23.Byrne, known in the blockchain industry for his commitment to the technology, did not disclose the details of the agreement,…