Gate.io to launch $100M innovation fund with the Blockchain Center in Abu Dhabi
The fund aims to advance decentralized infrastructure and blockchain adoption and support talent from the US, Asia, Europe and the MENA region.
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Bitcoin Miners Uber Bullish as Difficulty Set for 60% Quarterly Growth
Bitcoin (BTC) will see its mining difficulty grow by almost two-thirds in Q3 2019, new data reveals as the metric astounds markets.Bitcoin metrics show big competition in playUploading historical and future projections to Twitter on Sept. 19, well-known analyst Kevin Rooke noted difficulty had already expanded at an average of 42% each quarter since 2016.With…

Binance.US exchange volume slumps amidst crisis
On Sep. 16, exchange volume stood at $5.09 million on Binance.US amidst executive departures and ongoing regulatory scrutiny. 174 Total views 2 Total shares Trading activity on Binance.US has reached new lows in September, as the crypto exchange faces unprecedented challenges. On Sep. 16, exchange volume stood at $5.09 million on Binance.US, as reported by

Researchers question what ‘trustless’ actually means for blockchain
Crypto community members will likely be familiar with mantras such as "Don't trust, verify!" or the "law of code." Both refer to the promises of greater transparency and audibility and to a technology that offers to replace fallible, corruptible powerful actors with an actually functional rules-based order, secured through deterministic computation. The desire to dispense with…

Island nation turns to metaverse to preserve its disappearing heritage
The island of Tuvalu said it plans to build a digital version of itself in order to preserve its history as it faces erasure due to climate change. 518 Total views 28 Total shares In the South Pacific, the island nation of Tuvalu decided to turn to Web3 technology in order to make sure its…

Majority of British crypto owners revealed to be hodlers: Survey
In the U.K., crypto owners prefer centralized exchanges and claim their assets to be largely profitable. 106 Total views 3 Total shares An average crypto asset holder in Great Britain would be young, male and hodler. And they would consider crypto to be a ‘fun investment.’ Such are the findings from the fresh research, conducted…

FCA’s New AML Regime – UK’s Crypto Market Will Have to Adapt in 2020
The Financial Conduct Authority (FCA) is now the United Kingdom's sole Anti-Money Laundering (AML) authority for the crypto business. After a decade of compliance under a laissez-faire approach to AML legislation, U.K.-based crypto firms now face a significantly more stringent set of rules. With the FCA thrashing U.K. crypto regulation into shape, the consequences upon…

Bank of France settles $2.4M fund in central bank digital currency pilot
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology. 417 Total views 1 Total shares The Bank of France successfully piloted a central bank digital currency — or CBDC — experiment in December, using the technology to settle…

Telegram to Award Devs $400K in TON Blockchain Smart Contracts Contest
Global messaging app Telegram announced a coding competition for building smart contracts for the Telegram Open Network (TON) Blockchain.5 types of smart contractsThe contest includes three parts with a prize fund for all included tasks ranging from $200,000 to $400,000, according to an announcement posted on the Telegram Contests channel on Sept. 24. The contest…