Hong Kong to align crypto OTC derivative rules with European standards
Hong Kong regulators will align their crypto OTC derivatives reporting with ESMA’s standards, including the use of Digital Token Identifiers.
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Buterin Says Ethereum’s Layer-Two Scaling Development ‘Basically’ Succeeded
Ethereum co-founder Vitalik Buterin said that the blockchain’s initial layer-two scaling deployment is nearly complete. 1189 Total views 72 Total shares Ethereum co-founder Vitalik Buterin said that the blockchain’s layer-two scaling initial deployment has “basically” succeeded.In a June 1 tweet, Buterin claimed that most of the initial work on Ethereum’s second-level scalability solutions is nearly…

White House hopeful RFK Jr. says instant payments may lead to ‘financial slavery’
President John F. Kennedy's nephew also worries that the government will seize the public’s Bitcoin. 82 Total views 1 Total shares Own this piece of history Collect this article as an NFTRobert F. Kennedy Jr. filed documents with the United States Federal Election Commission on April 5 to run as a Democratic presidential candidate in…

Pump and Dump Complaints Dismissed Against Crypto Mining Firm
Riot Blockchain’s lawsuits dismissed by a New Jersey judge, ending a 2 year lawsuit alleging the mining firm misled shareholders. 1444 Total views 37 Total shares New Jersey District Judge, Freda Wolfson, granted seven motions of dismissal that ended a lawsuit targeting crypto mining firm, Riot Blockchain, on April 30.The plaintiffs claimed that Riot had…

Why Betting on Gold-Backed Stablecoins Is a Losing Game
Gold has been regarded as an eternal value since times immemorial. This shiny metal still acts as a store of value — especially in countries like India. Due to its exclusivity, gold is an essential element of the global financial system, and since this metal is not subject to corrosion, it has many areas of…

Aussies lost $122 million to crypto scams in the last 12 months: AFP
The Australian Federal Police revealed that scammers are using deepfakes and pig butchering as their primary methods to defraud victims.

Bitcoin miners hedging with recent sell-offs – Bitfinex report
All-time high hashrates and mining difficulty indicates that miners are bullish on Bitcoin, while recent sell-offs could be a means to hedge positions. 41 Total views 1 Total shares Bitcoin (BTC) mining companies are employing derisking strategies by offloading Bitcoin to exchanges, according to a market report from Bitfinex.The cryptocurrency trading platform’s latest newsletter addresses…

Elon Musk kickstarts new AI company to ‘understand the universe’
"The goal of xAI is to understand the true nature of the universe," the company wrote. 519 Total views 2 Total shares American business magnate Elon Musk has launched a novel company dubbed “xAI” with the goal of understanding “the true nature of the universe."According to the July 12 announcement, xAI will work closely with…

IEEE Blockchain Identity of Things standardization working group kicks off
Major players from technology and crypto ecosystems participate in a new group to standardize blockchain. Six worldwide corporations have banded together to start the IEEE blockchain Identity of Things standardization. According to IEEE Chair of the Identity of Things Working Group Dr. Xinxin Fan, researchers from Lockheed Martin, Ericsson, Lenovo, Huawei, Bosch, IoTeX and China…