Digital Asset, DTCC complete collateral tokenization pilot
The project aimed for speed, privacy and legal compliance while using highly accessible and desirable US Treasury bonds as a collateral asset.
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SpaceChain claims to have signed the first multi signature transaction in outer space. According to an announcement published on August 18, SpaceChain has successfully demonstrated the first use of blockchain hardware on the International Space Station, or ISS. This feat was made possible through a collaboration with the European Space Agency, which appears to have…

Chinese Police Seize 4,000 Crypto Mining Units After Energy Spike
Police in China arrested 22 suspects allegedly involved in illegal crypto mining activity that led to energy loss worth of about $3 million, reports XinhuaNet, the official press agency of China, on July 12.Police in Jiangsu, China’s eastern-central coastal province, have reportedly seized 4,000 hardware units that were illegally used to mine cryptocurrency such as…

US Trustee motions for examiner to probe Celsius’ ‘significant transparency issues’
The Trustee overseeing Celsius’ bankruptcy case has requested an examiner to help shed the light on a number of complex issues. 254 Total views 49 Total shares The United States Trustee handling Celsius’ bankruptcy proceedings has called for an independent examiner to be brought in to “untangle” the embattled network’s financial affairs and business operations. In…

Bitcoin is now ‘too important to ignore’, Deutsche Bank says
Global banking giant Deutsche Bank expects governments to start regulating Bitcoin by the end of 2021. 3489 Total views 17 Total shares Bitcoin’s (BTC) market capitalization of $1 trillion and potential for continued growth have made the cryptocurrency “too important to ignore,” according to Deutsche Bank analysts.Deutsche Bank Research, the financial research subsidiary of global…

Azuki DAO rebrands to ‘Bean’ as it drops lawsuit against founder
The DAO previously proposed a lawsuit against Azuki creator Zagabond over a dilutive $39 million NFT minting that took place in June. 143 Total views 4 Total shares Azuki DAO, an unofficial community decentralized autonomous organization surrounding the namesake nonfungible token collection, has announced its rebranding to “Bean" as it drops a proposed lawsuit against

Bitcoin Gold Blockchain Hit by 51% Attack Leading to $70K Double Spend
The Bitcoin Gold (BTG) blockchain has suffered a 51% attack resulting in over $70,000 worth of BTG being double spent. According to a GitHub post by James Lovejoy, a researcher at MIT’s Digital Currency Initiative, the hard-fork of Bitcoin was hit by two deep reorganizations of over 10 blocks on Jan. 23 and 24.A 51%…

SEC solicits comments on Fidelity’s spot Ether ETF application
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Bitcoin volatility ‘ramping up’ above ATH levels as price retests $62K
Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”