Parody X account donates $69K to charity after gifted memecoins peak at $1M
Parody X account Richard E. Ptardio was given memecoins using his likeness which he later donated to charity after his holdings reached a peak of $1 million.
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CoinMarketCap Sees Fewer Chinese Users Amid Coronavirus Pandemic
CoinMarketCap, which recently became a Binance company, released a report on Q1 crypto market performance, as seen from its perspective. One of the more interesting details is the significant decrease in users from China. As revealed by the report, published on April 30, China fell from 13th to 24th position in the country rankings by page…

Worldcoin’s Orb had serious security vulnerability in operator onboarding: CertiK
The smart contract auditor found that operator verification could have let operators into the system without a verified ID or even being a company. 210 Total views 1 Total shares The controversial Worldcoin project had a serious security vulnerability, CertiK has disclosed on X (formerly known as Twitter). Worldcoin pays people to become part of…

Uphold withdraws with Venezuela, citing US sanctions
The platform advised users to withdraw funds quickly, noting it would halt trading for Venezuela-based clients on July 31, with all accounts “fully restricted” beginning Sept. 30. 217 Total views 4 Total shares Crypto trading platform Uphold said it will be withdrawing support for users in Venezuela due to sanctions imposed by the United States…

Liechtenstein’s Parliament Unanimously Approves New Blockchain Act
Liechtenstein’s Parliament has unanimously passed the Act on Tokens and Entities Providing Services Based on Trusted Technologies (TVTG), also known as the Blockchain Act.Pioneer in comprehensive regulationOn Oct. 3, the Parliament of Liechtenstein approved the Blockchain Act, which aims to improve investor protection, combat money laundering and establish clarity. The new law will enter into…

Wallets with less than 1 BTC account for just 5% of Bitcoin’s market cap
With the number of “wholecoiner” Bitcoin wallets holding at least 1 BTC increasing every year, the remaining addresses represent just 5% of Bitcoin’s market cap. 3323 Total views 24 Total shares New data suggests that “wholecoiners” — Bitcoin wallets holding 1 BTC or more — now account for 95% of the cryptocurrency’s entire capitalization. That…

Venezuelan Central Bank is Considering Holding Bitcoin and Ether
Venezuela’s central bank is exploring the possibilities of holding Bitcoin (BTC) and Ether (ETH) in its coffers, according to anonymous sources who reportedly have direct insights into the matter.Can the central bank store Bitcoin and Ether?According to a Sept. 26 Bloomberg article, the central bank of Venezuela is taking a closer look at whether they…

Chilean Central Bank: Cryptocurrencies Are Unable to Substitute Fiat Money
The Central Bank of Chile (BCC) believes that cryptocurrencies are unable to substitute traditional money, according to an in-depth report on crypto issued Feb. 7.The document, signed by the central bank’s president Mario Marcel, was prepared upon request of the Tribunal de Defensa de la Libre Competencia (TDLC). The TDLC is an independent anti-monopoly institution…

Band Protocol upgrades BandChain network to phase 2
Band protocol hopes to bring more data to the decentralized economy with BandChain Phase 2. 285 Total views 4 Total shares Band Protocol, the cross-chain data oracle provider, announced Tuesday that its BandChain oracle blockchain is in the process of upgrading to phase 2. According to a press release provided to Cointelegraph, the upgrade —…