Crypto Biz: Please, just buy one Bitcoin

The stablecoin issuer said the regulatory approval would help support its partners in expanding services into Asia. 246 Total views 19 Total shares The Monetary Authority of Singapore, or MAS, has granted stablecoin issuer Paxos regulatory approval to offer crypto services to local companies.In a Thursday announcement, Paxos said it had received a license from…

Metalpha has secured $20 million out of the planned $100 million for its new fund from overseas Chinese investors, the CEO said. 615 Total views 4 Total shares Own this piece of history Collect this article as an NFTHong Kong-based cryptocurrency wealth manager Metalpha Technology is working to offer new entry points into Bitcoin (BTC)…

Governor Kathy Hochul signed the PoW moratorium bill into law on Nov. 22, nearly four months after the bill was approved by the state senate. 550 Total views 5 Total shares New York governor Kathy Hochul signed the proof-of-work (PoW) mining moratorium into law on Nov. 22, making it the first state in America to…

Algorand officially unveiled a suite of new features to its pure-proof-of-stake network at the end of November, dubbed Algorand 2.0. The latest suite of technical innovation by the emerging “frictionless finance” network, the upgrade encompasses the official commissioning of smart contracts on the network, along with the Algorand Standard Assets, or ASA, and atomic transfers. Algorand…

A couple who filed a lawsuit over how staked Tezos tokens were taxed has gone to appellate court after refusing to accept a refund check from the IRS. 325 Total views 2 Total shares Oral arguments began on July 26 for an appeals case on a complaint a Tennessee couple filed against the United States…

The implementation of blockchain technology in supply chains could save businesses in Western Europe $450 billion in logistics-related costs.According to a new study from Cointelegraph Consulting and Swiss enterprise blockchain firm Insolar, blockchain technology can reduce supply chain-related costs for businesses between 0.4% and 0.8%.While that may sound like a small figure, the sheer volume…

Online fraudsters attempt to lure in XRP investors by offering fake staking services with an ROI of up to 31% for a token that is not based on proof-of-stake consensus. 269 Total views 1 Total shares Own this piece of history Collect this article as an NFTOnline fraudsters are impersonating major cryptocurrency firms like Ripple…

The major areas of focus surround increasing validator decentralization, developing capabilities for governance via the BNB token, and deploying a number of Binance Chain Evolution Proposals. 197 Total views 2 Total shares BNB Chain has announced the launch of a technical roadmap designed with the intention to enhance the network's decentralized structure, infrastructural capacity for…

BTC price action reminds traders of the initial dip in May as rejections characterize attempts to break higher. 988 Total views 2 Total shares Bitcoin (BTC) fell precipitously on June 25 after a rejection above $35,000 sparked a rout toward familiar support.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBitcoin heads back towards $30,000Data from Cointelegraph Markets…