Montenegrin PM among early investors in Do Kwon’s Terraform Labs: Report
Prime Minister Spajic was among the early investors who invested in Terraform Labs just days before it was registered in Singapore on April 23, 2018.
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Why now? SEC took eight years to authorize a Bitcoin ETF in the US
Eight years in the making, the United States Securities and Exchange Commission’s (SEC) silent approval of a Bitcoin (BTC) exchange-traded fund (ETF) last week elicited a wave of exuberance in the crypto space and sent the price of the key digital currency to a new all-time high. Despite some analysts and industry participants having reservations regarding…
Multiple buyers consider purchase and relaunch of ‘irreparable’ FTX
Lawyers handling the FTX bankruptcy case are considering offers that could eventually lead to a relaunch of the troubled exchange.At an Oct. 24 hearing of the United States Bankruptcy Court in the District of Delaware, Kevin Cofsky of Perella Weinberg Partners revealed he is negotiating with several parties interested in purchasing the company.Cofsky, an attorney
Venezuela to Pay Retirees and Pensioners Christmas Bonus in Petro
Venezuelan President Nicholas Maduro announced that the Christmas bonus of the country’s retirees and pensioners will be paid to them in the national cryptocurrency Petro.The Twitter profile of local news outlet Venepress reported on Maduro’s remarks on Nov. 17. This particular instance is not the first time that Venezuela pushes Petro into the wallets of…
Republican lawmakers introduce bill targeting China’s CBDC on sanctions, privacy
"This bill holds China accountable as they introduce their new digital currency,” said Senator Bill Cassidy. 610 Total views 28 Total shares Nine Republican senators have backed legislation aimed at directing the policy of U.S. government agencies around concerns that China’s digital yuan may be used to circumvent sanctions and compromise users' personal information.In a…
Report: Blockchain Technology Could Reduce Uncertainty in Foreign Trade
In its new policy brief, the Austrian Research Center International Economics (FIW) has examined the possible effects of digitization, including blockchain technology, on the export economy, Cointelegraph auf Deutsch reports today, September 28.The report was prepared by Bernhard Dachs from the Austrian Institute of Technology on behalf of the Austrian Federal Ministry for Digital and…
YouTube Bans Drive Cryptocurrency Fans to Decentralized Alternatives
In recent years, Google-owned video-sharing platform YouTube deleted and banned an array of cryptocurrency-related channels. The platform’s policy has driven cryptocurrency enthusiasts to look for decentralized alternatives to YouTube, which allow users to skirt censorship and even incentivize them with their own tokens.In a YouTube video published on April 1, a channel dubbed Bitcoin for…
With 7,600 Blockchain Patent Applications, Chinese Firms Far Outpace US
Measured by patent applications in the sector, China is handily outpacing other countries including the United States in blockchain technology.On Nov. 20, Japan-based financial newspaper Nikkei reported that Chinese companies submitted around 7,600 applications between 2009 and 2018 — about three times as many as U.S.-based companies.A total of 12,000 blockchain applicationsAccording to Tokyo-based research firm…
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