Galaxy Digital hires veteran hedge fund executive as new CFO
Tony Paquette will reportedly assume the chief financial officer position as Alex Loffe transitions into a new role.
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GameStop NFT Marketplace now live and powered by Loopring L2
The beta version of GameStop’s NFT marketplace is now available, while the marketplace's official launch is expected to deploy soon. 64 Total views 2 Total shares GameStop has confirmed its integration with Loopring (LRC), an Ethereum Layer 2 zkRollup protocol designed for powering decentralized cryptocurrency exchanges, into their highly anticipated NFT marketplace. Adam Browman, Loopring’s…

Coinbase Pro Announces Support for Compound’s DeFi Token COMP
United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound. United States cryptocurrency exchange announced the listing of COMP, the token powering the decentralized lending protocol Compound.According to a June 18 announcement, COMP trading will start on June 23 at 9 AM Pacific Time if the liquidity requirements…

Fintech Arm of Chinese Insurance Giant Shoots for $500M IPO in US
OneConnect, the financial technology subsidiary of Chinese insurance giant Ping An, has updated its filing for an initial public offering (IPO) with the United States Securities and Exchange Commission (SEC).According to an F-1 filing dated Dec. 2, the firm is looking to sell $500 million worth of shares in its IPO. The recent filing states:“We…

Hong Kong police, regulator form crypto task force as JPEX saga unfolds
The joint group was established in light of the ongoing crypto scandal in Hong Kong involving the JPEX crypto exchange. 23 Total views 1 Total shares The Hong Kong Police Force (HKPF) and the Securities and Futures Commission (SFC) have set up a crypto-focused working group to deal with illicit crypto exchange activities.In an Oct.

US Department of Energy Progresses With Blockchain Power Plant Security Research
A blockchain project sponsored by the United States government aiming to bolster power plant security has entered its second phase, participants confirmed in a press release on April 10.The project, principally a partnership between the U.S. Department of Energy’s (DOE) National Energy Technology Laboratory (NETL) and Colorado-based security firm Taekion, aims to reduce the ability…

Bitcoin’s Taproot is ready to go, but it’s unlikely to be included in the next release
The Bitcoin Improvement Proposals 340 through 342 were merged into the Bitcoin codebase on Thursday, signaling that the anticipated Taproot upgrade is ready.Taproot and the associated technology of Schnorr signatures are considered to be the most important upgrade for Bitcoin in the past year. It is primarily a privacy improvement for complex spending conditions on…

Bitcoin Network SegWit Adoption Hits 66% After BitMEX Embraces Upgrade
More Bitcoin (BTC) transactions now use so-called Segregated Witness (“SegWit”) technology than ever before, the latest data shows. According to various resources including SegWit.Space, adoption of the protocol has reached up to 66% of all Bitcoin transactions as of Jan. 4. Two in three BTC payments now SegWitThe volume underwent a significant increase in late 2019, jumping…

Bitcoin $5K ‘kimchi premium’ returns while gold prices surge in Korea
Bitcoin is trading at 12.5% higher in South Korea than in other markets, while gold prices climb to quarterly highs. 6608 Total views 22 Total shares Bitcoin (BTC) was trading at $5,000 higher in South Korea than in other markets on Wednesday as capital flow controls continue to enforce the “kimchi premium.” While Bitcoin was…