Hong Kong accepts crypto license application past deadline
Hong Kong Digital Asset Xchange Limited is the latest firm to apply for a license, having submitted their application on Aug. 27.
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Ubisoft Might Be The First Major Games Company To Geek Out Over Blockchain
It’s already well-theorized that it’s not cryptocurrency or decentralized finance apps, but gaming that will actually drive blockchain use cases in the real world.While this has moved many smaller development companies and hobbyist programmers to release their own blockchain-driven games, distributed ledger technology’s reception among mainstay gaming companies has so far largely been neutral.A new…

Crypto Friendly Regulation can Help UK Brexit, Says $10 Billion Advisory Giant
The CEO of financial advisory giant deVere Group said positive cryptocurrency regulation should form a central part of the post-Brexit United Kingdom. Nigel Green made the comments in an interview with fintech news outlet Verdict on July 9.DeVere, which has around $10 billion of assets under advice, is concerned the U.K. will end up in…

10 important social media ‘don’ts’ for crypto and blockchain companies
Businesses across industries invest a lot of time and resources into building and cultivating their social media presences because of the big potential ROI. Social media marketing is a tool crypto and blockchain companies are quick to leverage — social media platforms offer a variety of audiences, prebuilt communities and global reach. Still, it’s all…

US lawmakers introduce bill aimed at reporting on crypto miners’ potential environmental impact
The Crypto-Asset Environmental Transparency Act would instruct the Environmental Protection Agency to report on crypto mining activity consuming more than 5 megawatts. 1227 Total views 5 Total shares Own this piece of crypto history Collect this article as NFTThree United States lawmakers have introduced legislation that would direct the Environmental Protection Agency, or EPA, to…

Alleged Bitcoin Mining Scam Reported in Thailand
Victims of an alleged cryptocurrency mining scam have filed claims against the suspected perpetrator with the Technology Crime Suppression Division in Thailand, the Bangkok Post reports on Feb. 18.Per the report, 30 people have filed a complaint with police, stating that they were fooled into an alleged investment scam called “CryptoMining.Farm.” This purportedly led the…

Is “The Howey Test” outdated? Modernizing regulations for the digital age
The rate and reach of cryptocurrency adoption in recent years signals the dire need for modern regulations that simultaneously safeguards investors and enables innovation to flourish. As it stands, most crypto tokens fall within a regulatory gray area as they don’t fit within the confines of the traditional financial system — so why should they…

Japan: Tokyo Police Arrest 8 Men Allegedly Involved in $68 Million Crypto Pyramid Scheme
Tokyo police have arrested eight men that are suspected of collecting a total amount of $68.4 million in cash and cryptocurrency using a pyramid scheme, Japanese daily newspaper Asahi Shimbun reports Wednesday, Nov. 14.The suspects claimed to run a U.S. investment company dubbed “Sener,” conducting seminars with foreign speakers. The police report that at least…

DeFi meme coin Hotdog dumps 99.9% in hours after launch
Food themed DeFi project Hotdog dumps from $4,000 to $1 in five minutes. The latest high-yield, food-flavored DeFi meme project, Hotdog, appears to have crashed and burned just hours after it was launched.The newly cloned DeFi protocol called Hotdog promised insane returns up to one million percent APY in order to lure liquidity providers. It…