First Bitcoin-backed synthetic dollar to launch with 25% yield
USDh is the first Bitcoin-native synthetic dollar with yield-generating capabilities. Is the 25% yield sustainable?
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UK financial watchdog is investigating 50 unauthorized crypto firms
The FCA said it had opened more than 300 cases into unregistered crypto firms in the last six months, "many of which may be scams." 365 Total views 3 Total shares The United Kingdom’s Financial Conduct Authority, or FCA, has announced it has 50 active investigations as part of its efforts to crack down on…
South Korea Is Hoping for Regulatory Clarity as Crypto Laws Toughen
South Korean regulators seems to strongly favor blockchain over cryptocurrencies, and some recent events have further proven this hypothesis. As a result, as much as 97% of local digital assets exchanges are in danger of extinction, local reports suggest. Meanwhile, local politicians and regulators have started lobbying a new set of regulations, which could finally bring…
Block.one Invest $150 Million Into Voice, But Privacy Concerns Linger
Block.one — the company behind EOSIO (EOS), has injected $150 million into its controversial blockchain-based social media network, Voice.Announced on March 26, the investment comprises $50 million in intellectual property assets and $100 million. The injection is intended to give Voice the resources needed to operate independently from Block.One.Voice is in closed betaVoice is currently…
Ford, BMW back blockchain ‘birth certificates’ to combat used car fraud
A global automotive consortium is leveraging blockchain-based “birth certificates” to track the purchase and maintenance history of secondhand vehicles. 450 Total views 5 Total shares The Mobility Open Blockchain Initiative, or MOBI, a non-profit consortium of the world’s top vehicle manufacturers including Ford and BMW, has launched an initiative to combat fraud in the secondhand…
Gibraltar Stock Exchange Subsidiary Partners With Tokenization Platform
Hashstac, a subsidiary of the Gibraltar Stock Exchange Group (GSX Group), has partnered with Singapore-based technology company STO Global-X to facilitate the issuance of tokens. The development was announced by the Gibraltar Blockchain Exchange (GBX) on April 5.GSX Group’s subsidiary Hashtacs Inc. and STO Global-X will jointly launch an integrated Tokenized Securities Exchange product that…
Bitcoin price correction was overdue — Analysts outline why the end of 2023 will be bullish
Bitcoin (BTC) price and the wider crypto market corrected at the start of this week, giving back a small portion of the gains accrued in January, but it’s safe to say that the more experienced traders expected some sort of technical correction. What was unexpected was the SEC’s Feb. 9 enforcement against Kraken exchange and the…
This Coin’s Supply Goes Down as the Price Rises
Ampleforth (AMPL) is a cryptocurrency built with an elastic supply that expands and contracts depending on demand. According to its co-founder Evan Kuo, the team was trying to learn from the failures of the gold standard and Bitcoin (BTC) to create a more flexible monetary system.Investors hoard Bitcoin & goldAlthough many in the crypto space…
CME tops Bitcoin futures OI as ‘real facts’ drive institutional uptake
Bitcoin is in line to benefit from a tsunami of institutional capital, says Dan Tapiero, while Ethereum is also due an ETF boost. 237 Total views 3 Total shares Bitcoin (BTC) faces a “torrent” of institutional inflows in the run-up to a United States exchange-traded fund (ETF) approval.That is the perspective of Dan Tapiero, founder