Hong Kong Cyberport Web3 network grows to 270 blockchain firms

Accounting for almost 40% of bitcoin tweets worldwide, the United States looms large over crypto twitter. According to a new thread of tweets, published July 3, by crypto data and infrastructure provider The TIE, overall 38.9% of total bitcoin tweets come from the U.S. Another 10.5% come from the UK. The top five countries generating bitcoin…

The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

On July 22, 2020, the United States Office of the Comptroller of the Currency published a letter clarifying that national banks and federal savings associations can indeed take custody of cryptocurrency assets. In the letter, Bitcoin was also acknowledged as “the first widely-adopted cryptocurrency.” On the same date, VISA, one of the largest payment companies with…

A classic dichotomy between hodlers and leveraged traders sets this week’s Bitcoin price dip apart from the coronavirus crash of March 2020. 7654 Total views 69 Total shares Bitcoin (BTC) crashed by $9,000 in hours on Tuesday thanks to a mass unwinding of leveraged traders and borrowers, one analyst believes.In a series of tweets on…

Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority. 223 Total views 15 Total shares Wally Adeyemo, Deputy Secretary of the United States Treasury, said his department is looking into new sanctions tools to pursue bad actors in

One of the most prominent crypto cybercrimes in recent years took a dramatic turn on June 23, when two Israeli brothers were arrested in connection with the 2016 Bitfinex hack and other crypto-related phishing attacks.Just shy of 120,000 Bitcoin (BTC) were stolen in the attack back in 2016, an amount initially worth $72 million, though…

The company behind Daml said it tripled its customer base in 2020, with half of the new business coming from outside the blockchain industry. 1340 Total views 12 Total shares Digital Asset, the creator of the Daml smart contract programming language, has secured $120 million in Series D financing from investors 7RIDGE and Eldridge –…

The rally in cryptocurrency markets started in early January with a spike in heavily-shorted altcoins and Ethereum (ETH) liquid staking derivative (LSD) tokens due to the upcoming network upgrade in March. Soon gains started to show across the board as buyers started to play catch up. The improving macroeconomic conditions, such as reduced inflation and a…