Is Bitcoin set for 400% gains against gold? Veteran analyst weighs in
Bitcoin could grow by over 400% versus gold in the coming months, according to a technical setup shared by seasoned analyst Peter Brandt.
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Nigeria central bank missed opportunity for blockchain regulation in 2021 — Convexity CEO
Adedeji Owonibi stated that the Central Bank of Nigeria should have created a blockchain regulation strategy in 2021 instead of cutting ties between cryptocurrency exchange firms and local banks. 56 Total views 8 Total shares A group of Nigerian digital asset professionals took to the stage at the Stakeholders in Blockchain Technology Association of Nigeria
Korean Tech Giant LG Is Developing a Blockchain Identity System With a US Firm
Decentralized identity solutions might be blockchain’s killer app. 1157 Total views 35 Total shares LG has partnered with United States-based company Evernym to develop blockchain ID technology.Asian financial news outlet Aju Business Daily reported on May 26 that LG CNS — LG’s IT services subsidiary — signed a memorandum of understanding with Evernym. The collaboration…
Hong Kong advances CBDC pilot, bringing e-HKD trials to Phase 2
e-HKD Phase 1 trial was dedicated to full-fledged payments, programmable payments, offline payments, tokenized deposits, settlement of Web3 transactions and settlement of tokenized assets. 197 Total views 1 Total shares The Hong Kong Monetary Authority (HKMA) is gearing up for the second phase of the e-HKD (e-Hong Kong dollar) pilot program as it announced the
Study Shows UK Blockchain Companies Are Shifting Back To Traditional Funding Strategies
A study by MMC Ventures unveiled the return to the dynamics of traditional capital funding by blockchain companies. 1578 Total views 32 Total shares A new study released by venture capital firm, MMC Ventures, found that UK blockchain companies are turning to traditional capital raising strategies, noting that the Initial Coin Offering, or ICO, model…
South Korea’s Gyeongbuk Province Launches ‘Special Committee’ to Create Blockchain Hub
The government of South Korea’s Gyeongbuk province has launched a “Blockchain Special Committee” with the goal of creating a blockchain hub in the region, local media outlet Daily News reported Nov. 14.North Gyeongsang Province, also known as Gyeongbuk, plans to create a blockchain hub, inviting 40 domestic and foreign experts in the industry to consult…
Canaan’s New 5-Nanometer Chips to Escalate ASIC Arms Race With Bitmain
Chinese mining application-specific integrated circuit (ASIC) manufacturer Canaan will launch new, improved mining machines with 5-nanometer chips in Q1 2020.Chinese industry news outlet 8BTC reported on Dec. 24 that the new ASICs will have significant advantages compared to the previous generation. The new firm’s 5nm manufacturing process is expected to improve performance, power and area…
Republic of San Marino Signs MoU With Blockchain Platform VeChain
The Republic of San Marino has signed a Memorandum of Understanding (MoU) with blockchain application platform VeChain. Per the agreement, the two entities aim to deploy blockchain technology to incentivize sustainable ecological behavior from citizens, local news agency askanews reported on July 22.The MoU was signed between San Marino Secretariat of Industry, Craft, Trade, Labor,…
Liquid restaking protocol Bedrock suffers $2M exploit
Bedrock says the root cause of the exploit has been “handled” and reassured users that all remaining assets were safe.