Coinbase recovers after system-wide outage, but user withdrawals remain offline
While the reason behind the three hour, system-wide outage remains unknown, some users are still unable to transfer or withdraw their funds from the exchange.
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Crypto assets for liquid democracy: The future of public finance
Power historically shifts from governments to people. Democracy is the product of revolution and disruptive innovation by those who abhor the elitism of aristocracy and monarchy, who fear the single-mindedness of theocracy, and who see the impracticability of communism. More than ever before, governments represent fairer and more trustless social contracts. How do we merge…
Hong Kong begins discussions to introduce stablecoin regulatory framework
The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban. 1188 Total views 55 Total shares Hong Kong's central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public…
Financial Giant SBI Group to Develop Wallet Following New Partnership
Japan-based financial services firm SBI Group and Danish cryptography services company Sepior ApS have partnered to jointly develop a proprietary wallet, according to an announcement published Oct. 13. The wallet is set to ensure secure transactions on SBI’s cryptocurrencies exchange platform, VCTRADE.The SBI Group was established in 1999 in Japan as an Internet-based financial services…
Russian crypto lobby group appeals to finance ministry to soften legislation
A crypto advocate group in Russia is lobbying for more friendly federal crypto law. 212 Total views 4 Total shares Major cryptocurrency advocates in Russia are opposing the government's stringent approach to regulating the crypto industry.The Committee on Blockchain Technologies and Cryptoeconomics, whose ranks include executives from major crypto exchanges Binance and OKEx, has called…
SafeMoon hacker agrees to return 80% of stolen funds, says development team
The attacker will be allowed to keep the remaining 20% of exploited crypto, according to SafeMoon developers. 234 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe attacker who drained $8.9 million of Binance Coin (BNB) from SafeMoon has agreed to return 80% of the funds, according to…
Nifty News: Trump’s NFTs tank, NBA star’s collection gone in 77 seconds and more…
After a sell-out launch that pocketed roughly $4.45 million from primary sales, former United States president Donald Trump’s NFT collection is already on a crash course towards earth. Trump rolled out his odd-ball self-themed 45,000 NFT trading card collection on Dec. 16 for $99 a pop. The NFTs were all gobbled up within a couple…
Cardano down 75% vs. Bitcoin 2 years after Charles Hoskinson questions BTC longevity
After breaking below a lifetime support level, ADA's price versus Bitcoin could drop by another 25% in the coming months.
Nasdaq to Reportedly Tighten IPO Rules for Chinese Firms, Crypto Potentially Affected
Nasdaq, the world’s second-largest stock exchange, is going to introduce new restrictions on initial public offerings (IPOs) to prevent smaller Chinese companies from getting listed, a recent Reuters report citing anonymous sources suggests.Chinese IPO seekers tend to lack accounting transparency and have “close ties to powerful insiders,” Reuters’ sources claim, which is why the new rules…