Indian enforcement agency collaborates with Binance to bust scam app

Bitcoin could rally as high as $65,000 following expected rate cuts later this week but analysts fear US election uncertainty could keep crypto asset prices lower for longer.

U.S. crypto investor law firm Silver Miller has filed arbitration claims against telecoms giants AT&T and T-Mobile for “SIM-swap”-related thefts, according to a press release published Nov. 8SIM-swapping – also known as a ‘port-out scam’ – involves the theft of a cell phone number in order to hijack online financial and social media accounts, enabled…

Binance Chain developers have proposed specifications for a new blockchain that would enable complex smart contract functionality within the Binance Coin (BNB) ecosystem. The specifications are available in its white paper, released on April 17.The new Binance Smart Chain will be independent, but tightly integrated with the original Binance Chain. The team explains that it…

China’s cyberspace administration has released the first list — 197 companies long — of registered blockchain service providers, according to their March 30 notice.Chinese initiatives by internet giants such as Baidu Blockchain Engine, Alibaba Cloud Blockchain-as-a-Service (BaaS), Tencent BaaS (TBaaS) and the BaaS platform owned by e-commerce giant JD.com appear on the list. Financial institutions…

In protest of the upcoming implementation of EIP-1559, some Ethereum miners are organizing to redirect hash power to a 1559-opposed pool for 51 hours. 1725 Total views 17 Total shares Some Ethereum miners are trying to drum up support for a demonstration of force to show their opposition to the impending implementation of EIP-1559.Amid the…

"The economic environment for Bitcoin right now could not be better," said Duncan MacInnes. 988 Total views 6 Total shares United Kingdom-based Ruffer Investment Management has made more than $750 million from its Bitcoin investment in less than two months, but it has decreased the size of its holdings.According to a report from British news…

Legendary hip hop icon Nas will drop nonfungible tokens that let users own streaming royalty rights on songs Ultra Black and Rare. 82 Total views 22 Total shares Award-winning rapper Nas will release nonfungible tokens (NFTs) that will let his fans own a stake in two of his songs, Ultra Black and Rare. Users who buy and…

WEF study says the ongoing efforts from blockchain organizations are not enough to set global blockchain standards. 3337 Total views 27 Total shares A study conducted by the World Economic Forum and Global Blockchain Business Council reveals the reasons why the blockchain industry still lacks well-defined standards on the global level.Dubbed the Global Standards Mapping…

“Chairman Gensler’s failure to provide clear rules of the road for cryptocurrencies underscores the need for Congress to act," said Senator Pat Toomey. 1789 Total views 9 Total shares Pennsylvania Senator Pat Toomey, one of the ranking members of the Senate Banking Committee, has suggested Congress step in with legislation should the Securities and Exchange…