Fairdesk crypto exchange to shut down over regulatory concerns

Malaysia will enact regulations for cryptocurrency and Initial Coin Offerings (ICO) in Q1 2019, local English-language news media outlet The Star reported Nov. 28.The publication quoted finance minister Lim Guan Eng, who said Wednesday said the country’s regulator, the Securities Commission (SC), had updated him with a timeframe for the new rules.The move will form…

Scientists can leverage blockchain tools, such as smart contracts and tokens, to improve collaboration in scientific endeavors between different stakeholders. This so-called decentralized science movement, or DeSci for short, combines blockchain and Web3 technologies to improve scientific research.A primary goal of DeSci is wider participation and funding when approaching scientific challenges, as well as democratizing…

Bitcoin (BTC) played wait-and-see with traders on June 28 as Wall Street opened to flat performance.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBollinger eyes "logical place" for Bitcoin bottomData from Cointelegraph Markets Pro and TradingView showed BTC/USD circling $21,000 on Bitstamp, refusing to commit to a firm trend.The pair nonetheless avoided fresh signs of weakness, leading Cointelegraph…

An SEC suit against the operators of a $30 million allegedly fraudulent ICO has been stayed pending the conclusion of parallel criminal proceedings. 1239 Total views 20 Total shares A judge has granted a motion from the U.S. attorney’s office to pause the SEC’s action against Edit Pardo and Boaz Manor for their involvement in…

Microsoft Korea has claimed the country is facing an increase in cryptojacking incidents, according to a report from local English-language daily The Korea Times, published on April 22.The findings were announced by Microsoft security program manager Kim Gwi-ryun during a press conference in Seoul today, which accompanied the release of the annual Microsoft Security Intelligence…

Bitcoin will be likely gaining “upper hand” versus stocks this year, according to Bloomberg Intelligence analyst Mike McGlone. 1665 Total views 25 Total shares Despite cryptocurrency markets dropping to multi-month lows, major cryptocurrencies like Bitcoin (BTC) and Ether (ETH) are likely to hit new all-time highs in 2022, according to a Bloomberg analyst.BTC and ETH…

Bitcoin's (BTC) price has been in a down-trend since the $69,000 all-time high on Nov. 10, when the the Labor report showed inflation pushing above 6.2% in the United States. While this news could be beneficial for non-inflationary assets, the VanEck physical Bitcoin exchange-traded fund (ETF) denial by the U.S. Securities and Exchange Commission (SEC)…

Luxury jewelry brand Tiffany & Co has announced the sale of 250 diamond and gemstone encrusted pendants for CryptoPunk non-fungible token (NFT) holders. The handcrafted CryptoPunk pendants were announced by the jewelry brand on July 31 on Twitter, and are priced at 30 ETH, equivalent to $50,600 each at the time of writing. We’re taking NFTs…

The 1INCH tokens will govern both the platform's automated market maker protocol and its DEX aggregator. 1432 Total views 8 Total shares The team behind the DeFi platform 1inch is releasing a governance and utility token, according to a Dec. 25 announcement. The 1INCH token will be used for both the platform’s automated market maker…