FTX Token spikes 70% amid looming bankruptcy distributions
The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions.
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NYDFS calls for crypto firms to use blockchain analytics
The regulatory agency asked crypto firms to adopt methods to ensure greater risk assessment for potentially problematic transactions. 74 Total views 2 Total shares In a letter published on Thursday, the New York State Department of Financial Services, or NYDFS, recommended that all virtual currency companies operating under New York banking law adopt blockchain analytics…
Understanding Directed Acyclic Graphs in the Blockchain Landscape
The more time you spend in the blockchain and cryptocurrency industry, the more you encounter some fairly arcane technologies and their accompanying terminologies. Blockchain technology, which started out as a simple immutable record composed of blocks of data, is constantly evolving. Although the broader tech world operates similarly, the blockchain and crypto sector moves at…
Israel’s Central Bank ‘Not Recommended’ to Issue Own Digital Currency
An Israeli study group exploring digital currency options has recommended that the country’s central bank not issue its own token, a press release confirmed Nov. 6.The interdepartmental team, set up in November 2017 by the governor of the Bank of Israel to “examine the issue of central bank digital currencies [CBDCs],” revealed its findings in…
Within five years, US hedge funds expect to hold 10.6% of assets in crypto
North American hedge funds are at the vanguard of crypto-curious investors, although EU and U.K. funds are not far behind, expecting to hold 6.8% of their assets in crypto within five years. 1717 Total views 5 Total shares A new survey of 100 chief financial officers at hedge funds worldwide has indicated that the sector…
China’s Central Bank: Digital Currency Has ‘No Timetable’ for Launch
China has no specific launch date in mind for its digital currency, its central bank has said in fresh comments contradicting previous statements.Central bank governor: We need time to researchAs local English-language news outlet Global Times reported on Sept. 24, the People’s Bank of China (PBoC) has now denied Beijing is ready to debut its…
Huobi to Launch Company’s First Exchange Dedicated to EOS in Q1 2019
Huobi Group plans to launch the company’s first cryptocurrency exchange — which will be dedicated to EOS — in the first quarter of 2019, according to a press release sent to Cointelegraph on Dec. 29.The exchange will be reportedly launched by Huobi Pool, the group’s cryptocurrency mining arm. Cao Fei, the CEO of Huobi Pool,…
Terra interim CEO says any ‘little progress’ made gets derailed by accusations
Terraform Labs recently appointed CEO, Chris Amani, held a Twitter Spaces with the purpose of separating the operations of Terraform Labs from Do Kwon’s personal affairs. 313 Total views 12 Total shares Terraform Labs faces a “big hill to climb” as the progress of its various projects in development are constantly being impeded by frequent…
Absorb for adoption — How infamous 30% Apple cut affects iOS NFT apps
Apple’s continued enforcement of in-app purchases to sell services remains a trade-off for NFT applications looking to tap into the convenience of streamlined in-app purchases for iPhone users and a massive user base around the world.As previously reported, Apple maintains strict rules for nonfungible token (NFT) apps, enforcing a 30% commission on the sale of…