Price analysis 5/27: SPX, DXY, BTC, ETH, BNB, SOL, XRP, TON, DOGE, ADA

Chinese search engine and web services company Baidu has launched its Baidu Blockchain Engine (BBE), an operating system designed to facilitate decentralized application (DApp) development. The news was officially announced by Baidu’s cloud computing unit, Baidu Cloud, on Feb. 14.Baidu Cloud states that it considers an open source, commercialized platform to be “the only way…

The venture capital firm assured partners it ran a rigorous due diligence assessment when it invested in FTX, finding the exchange to generate $1 billion in revenue and $250 million in operating income. 1608 Total views 39 Total shares Venture capital firm Sequoia Capital tweeted out a letter sent to its partners on Nov. 10…

South Korea’s Financial Supervisory Service (FSS) has advised local regulatory agencies and companies to work towards developing an integrated blockchain system for stock transactions, according to an official report published August 2. The FSS undertook a detailed analysis of international stock exchange operators’ use of blockchain technology to date, focusing on existing initiatives in the…

The central bank wants to learn from private-sector digital currencies — but still believes they are inferior to central bank money. 793 Total views 5 Total shares Philippine central bank governor Benjamin Diokno has announced that the institution's "exploratory" study of central bank digital currency study suggests that much more work is needed to make…

The anonymous trader’s Sun Wukong holdings surged to $750,000 at its peak, but he hasn’t sold a single token yet. 

So far, 2020 has been a year of cryptocurrency regulation: The European Union, the United Kingdom and Singapore have officially introduced their approaches to the burgeoning industry. Now, Australia has published its national roadmap, hoping to become a global blockchain leader. Last Friday, Australia's Department of Industry, Science, Energy and Resources launched the national blockchain roadmap…

China’s Blockchain Service Network is going global, with Korean blockchain firm MetaverseSociety announced as the first BSN portal operator outside of China. 855 Total views 19 Total shares Red Date Technology, one of the four founding members of the Chinese Government-backed Blockchain Service Network (BSN), has announced Korean firm MetaverseSociety as the first BSN portal…

The move comes after the Financial Conduct Authority imposed restrictions on its U.K. partner REBS. 414 Total views 2 Total shares Crypto exchange Binance will stop accepting users in the United Kingdom as of 5 p.m. local time on Oct. 16.According to Binance's announcement, the move came after the country's Financial Conduct Authority (FCA) imposed legally