Crypto Biz: Consolidation ramps up among crypto firms

Evidence from 10 years old tweets helps eliminate Hal Finney as a viable Satoshi Nakamoto candidate. 1777 Total views 32 Total shares A tweet from 2010 may provide evidence that Hal Finney is not Satoshi Nakamoto.In a recent Cointelegrpah interview, Laszlo Hanyecz, who worked closely with Satoshi Nakamoto in 2010, said that Satoshi had no…

A Bitcoin (BTC) block that took over an hour to mine made headlines earlier in November. This is despite Bitcoin’s core protocol being written to aim to mine a block every 10 minutes.Block 815,690 is the latest outlier to generate press speculation. This block took one hour and nine minutes to mine on Nov. 7.

First Digital Trust, which provides crypto custody services for institutions, says that Hong Kong is not yet ready to regulate USD-backed stablecoins.

The bank hinted that the OCC’s actions might help establish a regulatory precedent that could encourage other firms in the space to set up federally regulated digital asset banks. 394 Total views 5 Total shares The United States Office of the Comptroller of the Currency, or OCC, has said it intends to pursue cease and…

Recovery from the crypto winter is proceeding, but Hodlnaut won’t survive it. A sealed court order in Singapore appears to spell its doom. 462 Total views 12 Total shares Crypto lender Hodlnaut’s days appear to be numbered after the High Court of Singapore ended judicial management and ordered its liquidation. Users’ funds have been frozen

Guests on Hashing It Out episode 31 believe that traditional finance has hurt innovation in the African fintech space, and cryptocurrency can breathe some life into the space. 228 Total views 2 Total shares Ahead of the Africa Money and DeFi Summit, Hashing It Out host Elisha Owusu Akyaw (GhCryptoGuy) speaks with Andrew Fassnidge, founder

Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became "final and binding." 2516 Total views 29 Total shares Creditors from the now-defunct crypto exchange Mt. Gox have overwhelmingly approved a rehabilitation plan to compensate them for billions in lost Bitcoin.According to a…

The United Nations Climate Change Conference of November 2021, known as COP26, in Glasgow, Scotland urged the world to commit to curbing contributions to carbon emissions. Achieving a net-zero world in less than 30 years is causing many to turn to blockchain technology, buy carbon offsets, and spark renewed interest in carbon capture.The United Nations…

Our weekly roundup of news from East Asia curates the industry’s most important developments. Chinese crypto billionaire sued by SEC On Mar. 22, the U.S. Securities and Exchange Commission, or SEC, announced charges against Chinese blockchain personality and billionaire Sun Yuchen — better known as Justin Sun — and three of his wholly-owned companies Tron Foundation…