Hong Kong considers new licensing regime for OTC crypto trading
Hong Kong’s SFC is exploring new licensing regulations for OTC cryptocurrency services, seeking input from industry participants.
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Nifty News: The Lennon Collection, Gucci and Lamborghini NFTs, Atari’s 50th anniversary
Let's start off the week with the latest nonfungible token (NFT)-related news in today's Nifty News. The following collections are either ongoing or launching the first week of February.The Beatles memorabilia up for auctionJulian Lennon, the son of The Beatles' musician John Lennon’s, put up NFTs for auction of items from his personal collection of…

Crypto Derivatives Platform FTX Secures $8M In Seed Funding Round
Cryptocurrency derivatives exchange FTX has secured $8 million in its seed round. Major investors include blockchain-focused venture capital fund Proof of Capital and blockchain firm Consensus Lab, among others.In the blog post published on Aug. 6, Proof of Capital revealed that it had invested in FTX, a firm offering futures, leveraged tokens and over-the-counter trading.…

All Top 10 Cryptocurrencies in Green, Bitcoin Breaks $6,500
Friday, Aug. 17: all top ten cryptocurrencies by market cap have seen green today, with Ripple (XRP) and EOS up over 15 percent over the past 24 hours, according to Coinmarketcap. Market visualization from Coin360 Bitcoin (BTC) keeps gaining momentum, seeing a steady growth today with its price hovering around $6,500 point. The top cryptocurrency…

Bitcoin technicals: How low will BTC price go after failing at $42K resistance?
Bitcoin (BTC) has seen an impressive rally of 44% with ten green days in a row. This rally and the substantial number of green days resulted in a sentiment shift. Practically two weeks ago, the market was comparable to a funeral, with many expecting more downside to $20,000. However, the sentiment completely shifted after the breakout…

Major Asian bank issues credit on SCB-backed blockchain
Blockchain is helping companies from Vietnam and Thailand settle trades more smoothly. The Asian Development Bank (ADB), headquartered in the Philippines, has settled its first letter of credit (LC) transaction using the Standard Chartered-backed Contour blockchain network.The trade was a part of ADB’s trade and supply chain program and involved Standard Chartered and the Bank…

Blockchain Genomics Firm, Merck’s EMD Serono Sign Anonymized Data Sharing Agreement
Blockchain firm Nebula Genomics has announced a collaboration with EMD Serono, the North American biopharmaceutical business of Merck KGaA — the world’s oldest operating pharmaceutical firm. The news was announced in a press release shared with Cointelegraph on June 11.As previously reported, Nebula is a blockchain-powered platform for genome-sequencing data, co-founded in 2017 by renowned…

Kenya’s central bank exploring CBDCs due to ‘mushrooming’ of private cryptos
The Governor of the Central Bank of Kenya told reporters the institution is "already feeling left out." 1209 Total views 13 Total shares The Central Bank of Kenya, or CBK, has reportedly started discussions with international central banks to explore the possibility of entering the central bank digital currency space.CBK governor Dr. Patrick Njoroge told…

HTC Launches Exodus 1S, First Phone That Can Run a Full BTC Node
Taiwanese electronics giant HTC has launched its new smartphone Exodus 1s, enabling users to run a full Bitcoin (BTC) node on mobile.First smartphone to support full Bitcoin nodeIn line with an announcement in May 2019, HTC launched the Exodus 1s at the Lightning Conference in Berlin on Oct. 19 and started selling the first devices…