Hong Kong virtual banks eye Web3 growth despite regulatory hurdles

The amount of Bitcoin (BTC) that has not been moved for at least five years is at an all-time high, reports cryptocurrency data website Coinmetrics on July 23.Is hodling currently at its highest?Per the report, the amount of BTC held in a single address unmoved for at least five years recently reached its all-time high.…

Exodus’ donation to the political action committee is to “help support their mission of educating and mobilizing crypto voters around the country.”

An overnight move higher sees local highs of $54,500 and fresh hope that support levels will now focus on $50,000. 630 Total views 4 Total shares Bitcoin (BTC) tackled pivotal $52,000 resistance overnight on March 9 to come within 6% of historical all-time highs.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingviewBTC price hits 2-week highsData from…

In Europe, the environmental footprint of banknotes is minuscule compared to crypto’s, but crypto has advantages of its own. The European Central Bank (ECB) has taken a look at the environmental impact of using banknotes. It discovered 16 environmental impact categories. As with cryptocurrency, energy efficiency was a major issue.Banknotes continue to be the most

The two founders of the now-defunct Bitcoin cloud miner HashFlare have been arrested in Estonia over their alleged involvement in a $575 million crypto fraud conspiracy.HashFlare was a cloud mining company created in 2015, which purported to allow customers to lease the company's hashing power in order to mine cryptocurrencies and gain an equivalent share…

Gansu province is now connected to the state-run Energy Zone Blockchain public service platform. 1249 Total views 19 Total shares An energy supplier in China has successfully deployed its first blockchain node. This node went live through the government-backed network, the State Grid Corporation of China.According to The Paper, Gansu province becomes the second provincial…

Bitcoin (BTC) returned to $21,000 for the first time since September after the Oct. 26 Wall Street open as buyers solidified gains.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewBTC bulls “eat” ask liquidityData from Cointelegraph Markets Pro and TradingView followed BTC/USD as it hit local highs of $21,012 on Bitstamp.At the time of writing, the pair…

Europe experienced a 50% fall in fintech investments in the first half of 2023. 97 Total views 7 Total shares In the midst of the global fintech market downturn, the crypto and blockchain sector managed to become a leader in investments in a number of major European markets. According to the report “State of European FinTech”