HKX joins list of crypto exchanges to quit Hong Kong market
HKX management advises users to withdraw assets following its decision to halt operations in Hong Kong due to regulatory compliance issues.
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Derivatives in Crypto, Explained
1. What is a derivative? A derivative is a financial contract between two or more parties based on the future price of an underlying asset. Financial derivatives are discussed a lot when it comes to the crypto industry, especially concerning futures contracts for Bitcoin or altcoins. It is worth noting that the derivative is one…
Party-to-earn: Blockchain breaking down the doors in electronic music community
Electronic music is big business. According to a report by the International Music Summit, in 2021, the electronic music sector was valued at $6 billion dollars and that sector is poised for significant further growth. That $6 billion dollar figure marks a 71% increase from the industry’s valuation in 2020, which was understandably much smaller…
US gov’t shutdown looms — 5 things to know in Bitcoin this week
Bitcoin (BTC) starts the last week of September with a retest of $26,000 as a stubborn range persists.An unimpressive weekly close sets the tone for the culmination of a traditionally lackluster month for BTC price action.Having shaken off a hectic week of macroeconomic events, Bitcoin has plenty more to weather before September is over. United
‘Computer language that anyone can read’ launches Aeternity compiler
Smart contract computer language Lexon (LEX) launched a compiler on Aug. 3, allowing developers to write contracts in Lexon and have them be converted into Solidity, Sophia or JavaScript, according to statements made to Cointelegraph by Lexon founder Henning Diedrich. The compiler runs on the Aeternity (AE) blockchain network and charges LEX tokens as payment…
Bitcoin price stuck in ‘extended consolidation phase’ due to drop in capital inflows — Report
Bitcoin’s significant drop in capital inflows over the last six months is contributing to the current price consolidation.
Successful Ransomware Attacks Decline in 2020
A report published by Emsisoft revealed a strong decline in successful ransomware attacks during Q1 and Q2 2020. 1186 Total views 16 Total shares The number of successful ransomware attacks witnessed a decrease between January and April 2020 in the U.S. public sector amid the COVID-19 crisis. However, researchers have recently noticed that trend reversing,…
Crypto firms alleged to have faked execs using AI and actors: Cali regulator
A number of firms claiming to offer artificial intelligence-assisted crypto trading services have been hit with allegations of being “fraudulent investment schemes” by a California financial regulator, with two accused of using actors and AI to impersonate CEOs.On April 19, the California Department of Financial Protection and Innovation issued desist and refrain orders against five entities…
Bitcoin price eyes $60K reclaim as gold hits fresh all-time high
Bitcoin joins gold in rising as markets see a bigger chance of a 0.5% interest rate cut.