Hong Kong to enhance digital asset regulation in 18 months

Singapore government-backed investor Temasek is known for crypto-related investments but is yet to do its first direct investment in crypto. 145 Total views 3 Total shares Animoca Brands, a major player in the metaverse and blockchain gaming, has officially disclosed details of a funding round led by Singapore's state-owned investor Temasek.Animoca announced on Thursday that…

Binance is taking more measures to comply with China’s cryptocurrency crackdown with new restrictions in the mainland. 490 Total views 29 Total shares Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31.Alongside terminating yuan trading pairs, Binance will continue further…

ENS domain registrations went from 11,042 to 29,727, as the domain “000.eth” was bought for 300 ETH. 45 Total views 3 Total shares Ethereum domains showed an increase in demand as Ethereum Name Service (ENS) registration totaled 126,141 registrations in just one week. The ENS Dashboard, a data tracker created by developer Nick Johnson, showed that…

Fujitsu has been working on blockchain-based digital identity tools since 2019. 1262 Total views 14 Total shares Major financial institutions in Japan are moving into blockchain to streamline digital identity systems.Japan’s third-largest bank, Mizuho Bank, and local payment giant JCB are preparing to pilot a digital identity interoperability system based on blockchain technology. The new…

Solana (SOL) prices rose on Aug. 30 as traders speculated on what appeared to be a key but mysterious feature launch later this week.The SOL/USD exchange rate climbed to a new record high of $103.06 following a 9.35% intraday rally. The upside move surfaced days after Solana introduced "Ignition" on their official media handles. However,…

The May Federal Open Market Committee policy meeting concluded with the largest single rate hike in over two decades. 674 Total views 41 Total shares The United States Federal Open Market Committee (FOMC) concluded two days of meetings Wednesday with a widely anticipated announcement of an interest rate hike of 50 base points, or 0.5%.…

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The billion-dollar cryptocurrency space is no stranger to hype, as it is considered a factor that increases crypto prices. While this may be, hype generated from major centralized crypto exchanges may actually be creating more harm than good for users involved with certain community-based projects.For example, Web3 Foundation’s flagship project Polkadot aims to enable a…

A group of global coffee companies aims to launch a blockchain platform to track coffee using an IBM-developed app by early 2020.Building on IBM Food Trust PlatformFarmer Connect, a tech startup developing farm-to-client traceability tools, has teamed up with the world’s top coffee firms such as Jacobs Douwe Egberts (JDE) and Smucker to apply blockchain…