‘Hong Kong’s FTX’ victims win lawsuit, bankers bash stablecoins: Asia Express

Following the successful deployment of twenty-five previous Ethereum Request for Comments (ERC) standards, including the industry-recognized ERC-20 designed for tokens, ERC-721 for nonfungible tokens (NFTs), and the single smart contract multi-token ERC-1155; the newly-passed ERC-4626 is gaining traction within the Ethereum community for its purported yield-bearing benefits.Referred to as the “tokenized vault standard,” ERC-4626 is…

A public burn function introduced in the latest upgrade allegedly allows users to burn tokens from other addresses. 530 Total views 6 Total shares Own this piece of history Collect this article as an NFTSafeMoon, a project previously endorsed by celebrities and social influencers like Jake Paul and Soulja Boy, announced its liquidity pool (LP)…

Recent investments into cryptocurrency mining equipment by smaller players could be a positive signal for the longevity and value of Bitcoin (BTC). In late June, United States-based blockchain firm Core Scientific ordered over 17,000 of the latest Bitcoin mining ASIC machines from Chinese hardware producer Bitmain. The news made waves in the industry as the…

The exchange cited its own token management policy and compliance efforts as primary reasons for delisting seven privacy coins. 389 Total views 3 Total shares Cryptocurrency exchange Huobi will delist seven different privacy coins from its platform as regulatory pressure mounts on anonymity-enhanced currencies (AECs).The exchange announced that it had terminated the trading service of…

According to a study released by the G-20’s Financial Stability Board on April 14, stablecoins pose a pertinent risk to the financial stability of the global economy and therefore need to be regulated in a manner that is not only meticulous but also future ready. Additionally, as per data released by the FSB, members of the…

Does China regret banning Bitcoin mining in 2021? Could it opt back in? Can a single nation even control decentralized assets like BTC?

Privacy advocates scored a big win in June with Binance’s announcement that it was backtracking on a decision to delist privacy coins for users in a number of European countries.As a result of the move, users in Italy, Poland, Spain and France will be permitted to continue trading tokens including Zcash (ZEC), Monero (XMR), Decred…

Andrew Chi-Chih Yao, the recipient of the letter, is the chief scientist of the Conflux network and a professor at the country’s prestigious Tsinghua University.

The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators. 780 Total views 6 Total shares The Monetary Authority of Singapore (MAS), the country’s central bank, released a statement Nov. 21 to address “some questions and misconceptions…