Does Hong Kong have issues with USDT and USDC? OSL exec weighs in
As Hong Kong looks into creating HKD and USD stablecoins, a local industry executive has addressed possible implications for stablecoins like UDST and USDC.
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Coincheck Q3 Finance Report Shows Twofold Improvement Since Trading Resumed
Japanese online broker Monex Group — owner of previously hacked cryptocurrency exchange Coincheck — released its financial report on Q3 for the 2019 fiscal year on Jan. 31. The report shows that the trading platform halved its losses in Q3, as compared with the preceding quarter.The results of the report cover the third quarter ending…
Blockstream and Block Inc to build solar Bitcoin mining facility powered by Tesla technology
The site will use a combination of solar panels and battery storage from excess daylight to power Bitcoin mining. 394 Total views 30 Total shares On Friday, cryptocurrency storage company Blockstream and Block Inc. (formerly Square) announced the construction of a solar-powered Bitcoin (BTC) mining facility in Texas. As told by Blockstream, the mining site…
Ex-Alameda CEO was trying to prevent ‘AI disaster’ — former FTX employee
Caroline Ellison's ex-boyfriend, Sam Bankman-Fried, was sentenced to 25 behind bars for his role in the collapse of the FTX exchange.
What gives Ether token its value?
Bitcoin holds the top spot as the world’s first and largest cryptocurrency. The coin carries worth based on its position as a store of value capable of transacting value globally and comparatively easier than other similar assets, such as gold. Ethereum’s asset, Ether (ETH), has a different value proposition, arguably valuable for a number of…
New DeFi ‘passport’ could enable under-collateralized crypto loans
Arcx has launched a new version of its “DeFi Passport,” Sapphire, promising the pseudonymous on-chain credit check will enable new decentralized finance products. 5762 Total views 6 Total shares Decentralized finance (DeFi) protocol Arcx has announced the launch of Sapphire v3, a DeFi passport allowing crypto users to pseudonymously build and verify their reputation on-chain.Announced…
Report: Bill Miller Hedge Fund Surges 46% Thanks to Bitcoin, Amazon
The hedge fund of famous investor Bill Miller saw 46% growth in the first half of 2019, reportedly in some part from investing in Bitcoin (BTC).Citing an investor document, Bloomberg reports on July 26 that Miller achieved such outstanding results by investing in Bitcoin among other high-performing stocks. Alongside Bitcoin, other investments in the Miller’s…
Korea Customs Service Partners with Samsung SDS to Build Blockchain Customs Platform
The Korea Customs Service has signed an agreement with Samsung SDS to deploy blockchain technology for its customs clearance system, according to a press release published September 14.Samsung SDS, the IT arm of electronics giant Samsung, will develop a blockchain-powered platform based on Nexledger, which will be used for export customs logistics services. Nexledger is…
Bitcoin No Longer Desirable Option for Criminals, Says CoinCorner CEO
Gary Davis was sentenced to 6.5 years in prison for helping manage the now-defunct darknet marketplace Silk Road.The 31-year-old Irish man, who was extradited to the United States, had served as Silk Road forum moderator between May and June 2013 before working as a site administrator between June 2013 and Oct. 2, 2013, according to…