House lawmakers propose studies on AI in financial services, housing
AI is already impacting mortgage lending and how credit scoring is calculated, US Representative Maxine Waters said as she introduced a new bill in Congress.
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Tom Lee: Bitcoin’s Price Moves in Tandem With S&P 500
Fundstrat Global Advisors co-founder Tom Lee has stated that Bitcoin (BTC) is positively correlated with the S&P 500 market index and is not a hedge against macro turmoil.Lee voiced his opinion during an interview with industry news outlet The Block published on Oct. 1.Bitcoin moves according to macro factorsDuring the interview, Lee admitted that his…

Bybit opens registration to Chinese nationals overseas
Data suggested that more than ten million Chinese nationals lived outside the country, giving Bybit access to a larger pool of crypto users.

Bitcoin Ponzi Scammer Arrested by Jakarta Police for Sexual Assault
Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta for sexual assault on minors. 223 Total views 8 Total shares Russ Albert Medlin — co-founder of alleged crypto Ponzi scheme BitClub — was arrested in South Jakarta under accusation of sexual assault on minors.Local news outlet Jakarta…

UK Gov’t Includes Blockchain in Negotiation for US Free Trade Agreement
The United Kingdom’s Department for International Trade recently published its agenda for negotiation of a Free Trade Agreement (FTA) with the United States. Contained within the wide-reaching document, blockchain is identified as one area in which businesses and the country will benefit from an FTA.The document sets out the U.K. government’s position coming into the…

Crypto Industry Continues Fight Against Coronavirus With New Contributions
The crypto community continues to help fight the coronavirus outbreak, with Binance Charity donating new batches of medical supplies to hospitals and disease control command centers.On March 9, Binance Charity announced the completion of the second phase of its philanthropic initiative dubbed “Binance for Wuhan,” wherein the company gave 6 new batches of medical supplies…

Bitcoin price surges to $43K, but traders warn that ‘real pain’ is due for altcoins
Even with the abrupt surge to $42.3K, traders warn that Bitcoin and altcoins are still in for ‘real pain’ if the current macro perspectives remain the same. 394 Total views 38 Total shares Bitcoin (BTC) fell slightly into the Wall Street open on Jan. 11 after the largest cryptocurrency failed to crack resistance above $42,000,…

Nigeria and South East Asia led global crypto adoption in 2020
Statista has found that one-in-three Nigerians held or used crypto assets during 2020. 4757 Total views 18 Total shares Data published by statistics firm Statista has revealed Nigeria is the leading country per capita for Bitcoin and cryptocurrency adoption, with nearly one in three survey respondents indicating they used or owned crypto assets in 2020.According…

EtherHiding: Why hackers may prefer Binance’s BNB Smart Chain
According to cybersecurity analysts at 0xScope and CertiK, threat actors may prefer using BNB Smart Chain contracts because it’s cheaper and seen as having lower security than Ethereum. 143 Total views 2 Total shares Despite the name “EtherHiding,” the new attack vector that hides malicious code in blockchain smart contracts doesn’t have much to do