Japanese blockchain Astar proposes $38M token burn
The tokens were initially reserved for a parachain slot on Polkadot but have since fallen out of use.
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The S&P Cryptocurrency Broad Digital Market Index is being launched alongside four other benchmarks that track cryptocurrencies based on market capitalization. 783 Total views 3 Total shares S&P Dow Jones Indices, the leading index provider of some of the world’s largest equity benchmarks, has launched a new cryptocurrency index that tracks the performance of the…
New York sets customer service standards for virtual currency entities
The BitLicense just got a little tougher with new mandatory standards for treating customers right.
Five Canadian Banks Employ SecureKey Blockchain System to Identify Users
Five Canadian banks will be employing a blockchain-based user identification system developed by tech startup SecureKey Technologies, Bloomberg reports on May 1.Per the report, the Verified.Me digital identity system is now available to clients of the Royal Bank of Canada, Toronto-Dominion Bank, Bank of Nova Scotia, Canadian Imperial Bank of Commerce and Desjardins Group. The…
South Korean crypto exchanges to follow Coinone in verifying private wallets
South Korean exchanges will require users to verify their third-party wallet addresses to help the country comply with FATF travel rule guidelines. 379 Total views 9 Total shares Major South Korean crypto exchanges including Upbit, Bithumb and Korbit will follow Coinone's lead in banning transfers to non-verified wallets, industry analysts say. Yesterday Coinone announced that it…
Trading apps usurp TikTok in popularity
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South Korea: Four ‘Young’ Hackers Booked in Cryptojacking Case Targeting Over 6,000 PCs
Four “young” hackers have been arrested in a cryptojacking case involving over 6,000 computers in what is allegedly South Korea’s “first” known case of its kind, Korean English-language news outlet Aju Daily reports Nov. 8.Cryptojacking is the practice of using a computer’s processing power to mine for cryptocurrencies without the owner’s consent or knowledge.Aju Daily…
4 Key Bitcoin Metrics Show Not All Hope Is Lost for BTC Price
Bitcoin (BTC) price dropped to $3,700 for a brief period on March 12, ending the day at $4,970. By March 13, the price recovered from the major downtrend, ending the day at $5,563 and showing an impressive return of over 11%.Cryptocurrency market daily performance. Source: Coin360The recent market turmoil, whether in traditional markets or the…
SEC vs. Kik Interactive: A status update on the Kin ecosystem and Kin tokens
Much has been written about the Sept. 30, 2020, decision by Judge Alvin Hellerstein of the Southern District of New York in the U.S. Securities and Exchange Commission vs. Kik Interactive. In that order, the judge ruled in favor of the SEC’s motion for summary judgement, applying the Howey Test in the course of determining that…