DBS Bank pilots blockchain-based government grants

The firm claims to have settled nearly 1,000 trillion euros worth of securities transactions last year. 170 Total views 5 Total shares On Monday, Euroclear, a securities clearing firm that claims it has over 37.6 trillion euros in assets under custody, announced an investment into Fnality, a consortium of financial institutions focused on the regulated…

A recent spike in transaction fees on Ethereum and Bitcoin appears to have reignited the debate around solutions for scalability and the role of layer 2s.Over the last 24 hours, cryptocurrency users began sharing screenshots showing double, occasionally triple-digit transaction fees on Ethereum and Bitcoin. One screenshot showed gas fees were as high as $220

After failing to gain above the $6,400 resistance on March 22, Bitcoin (BTC) bulls spent the remainder of the day struggling to bring the digital asset back above $6,000. At the time of writing Bitcoin trades slightly below $6,000 and many traders anticipate further downside as the Coronavirus pandemic continues to worsen in the United…

The settlement with the SEC came after the three were charged in September for their participation in “unregistered and fraudulent” ICOs. 1438 Total views 15 Total shares Three associates of Clifford Joseph Harris Jr., a rapper also known as T.I. who was responsible for helping launch the FLiK token, have agreed to pay more than…

Christian Duffus, founder of Fonbnk, believes a lack of basic infrastructure such as telecommunications is slowing down cryptocurrency adoption in Africa. 81 Total views 1 Total shares The African continent is considered a significant market for crypto adoption due to its youthful population, flawed economic management by governments, and inadequate financial infrastructure for internal and

Former Mt. Gox CEO Mark Karpeles insists that the 80,000 Bitcoin (BTC) that Dr. Wright lays claim to was stolen from the exchange in March 2011. Cryptocurrency experts side with Karpeles.Bitcoins were stolenKarpeles confirmed to Cointelegraph that the Bitcoins residing at 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF were stolen from Mt. Gox:“I confirm, this was confirmed in 2011 and records…

The top 10 memecoins are struggling as safe-launch tokens capture significant market attention and investor funds.

Global peer-to-peer (P2P) crypto exchange LocalBitcoins has officially confirmed the removal of trading in local fiat currencies, the firm announced in a tweet on June 4.As previously reported, the Finland-based exchange silently removed cash trading on June 1, which immediately caused some outrage in crypto community.In the official statement, LocalBitcoins noted that its liabilities are…