New tokens are more likely to win if they find institutional investors

The Royal Bank of Canada (RBC) — the largest bank in Canada with $499 billion in assets under management — will not launch its own digital currency trading platform, contrary to previously published news.Last week, rumors that the RBC was exploring the possibility of launching its own cryptocurrency exchange began circulating the internet on a…

China’s central bank, the People’s Bank of China (PBoC), reports that it is “progressing  smoothly” with its development of a government-backed digital currency.The bank issued its statement during a working conference held in Beijing from Jan. 2–3, according to an official news release published yesterday, Jan. 5. Five years in the makingAs reported, China has devoted…

FTX’s former compliance chief Daniel Friedberg started working for Sam Bankman-Fried in 2017 and resigned from FTX days before the exchange collapsed. 257 Total views 2 Total shares Ho-ho-ho! Get Limited Holiday Trait!Collect this article as an NFTDaniel Friedberg, controversial lawyer who served as top compliance chief at now-defunkt exchange FTX, has reportedly cooperated with…

Bitcoin (BTC) has been seeing some consolidation below $50,000 as a psychological barrier. However, during this pullback, several big altcoins have been surging in price, suggesting that the alt season isn’t over yet.Meanwhile, Bitcoin’s price faces a crucial resistance to break through, while Ether (ETH) is already cracking that resistance, hitting a three-month high versus…

Five clients reportedly filed police complaints after token withdrawals were apparently halted, leaving them unable to reclaim around $55,000 in cryptocurrency and fiat. 651 Total views 20 Total shares A cryptocurrency exchange in Hong Kong has reportedly stopped all withdrawal requests, according to reports. Coinsuper is the sole crypto firm in China that is licensed…

Medical professionals have developed ways to track and store personal health data securely within the blockchain. 226 Total views 4 Total shares Blockchain use cases continue to grow as the world learns about the benefits that it brings. Apart from bringing financial innovations like the ability to do peer-to-peer transactions, blockchain now makes its way…

Bitcoin’s volatility is now higher than it was on the day of its all-time high in March, with traders suggesting this could signal the end of the “massive consolidation.”

Cryptocurrency miners in Iran will be eligible for a tax exemption if they agree to repatriate their overseas earnings, according to Iran's National Tax Administration (INTA).Per a report by local English-lanuage news daily Financial Tribune, INTA introduced a repatriation tax exemption similar to the one it offers non-oil exporters.INTA considers cryptocurrency mining a taxable business,…