SafeMoon CTO changes plea to guilty in $200M crypto fraud case
SafeMoon chief technology offer Thomas Smith is now pleading guilty to allegations that he took part in a $200 million crypto scheme.
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Aussie stock exchange abandons blockchain plans, leaving $170M hole
The blockchain-backed upgrade in the works for nearly five years has potentially cost Australia’s primary exchange over $170 million. 489 Total views 3 Total shares The long-anticipated plans by the Australian Securities Exchange (ASX) to use blockchain to bring its clearing and settlements system into the 21st century have just been canceled.In a Nov. 17…
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Take Bitcoin profits at $110K, CME tops Binance in BTC futures open interest: Hodler’s Digest, Nov. 5-11
Top Stories This Week Bitcoin’s futures market is showing an interesting shift as global derivatives marketplace the Chicago Mercantile Exchange (CME) has surpassed Binance in terms of Bitcoin futures open interest. This change occurred after Bitcoin exceeded the $37,000 mark for the first time in over 18 months. However, James Seyffart, a research analyst at
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South Korea’s Democratic Party Lawmaker Urges Authorities to ‘Open Up the Road’ to ICOs
A member of South Korea’s National Assembly has called on the state to “open up the road” to Initial Coin Offerings (ICO) by easing regulations, South Korean financial outlet Economy reports October 2.According to the article, Min Byung-doo, a Democratic Party lawmaker, will introduce a project of for ICO legislation at the next round of…
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Why decentralized telecommunications is necessary to make Web3 a reality
The world knows the public internet as the best transport network and the backbone of their daily routines. However, if one looks closely, the internet is far from perfect, with many considering the network untrusted and its usage synonymous with poor reliability and performance issues. Although these faults were once overlooked, the impending Web3 revolution…
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Ex-Trump chief of staff says crypto election impact will be ‘fascinating’
Mick Mulvaney, who worked under former US President Donald Trump, said the crypto industry had developed “professional operations” for lobbying in DC.
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From Thailand to South Africa, regulators tighten their grip on crypto: Law Decoded, July 3–10
South Africa’s financial regulator has announced that all crypto exchanges in the country must obtain licenses by the end of 2023. Last week saw more rules and regulations emerge regarding digital assets. Thailand’s Securities and Exchange Commission issued new rules requiring digital asset service providers to warn customers of risks associated with cryptocurrency trading. The…
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Bitcoin investors ‘no longer fearful’ — watch this BTC price level next
Sentiment breaks out from "extreme fear" along with Bitcoin price action as expectations call for only a modest correction before fresh gains. 329 Total views 10 Total shares Bitcoin (BTC) stayed higher on Oct. 2 after a "fantastic" break to the upside upended market sentiment.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewTrader eyes $45,000 BTC price…
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Ubisoft cools off on NFTs and blockchain, says it’s in ‘research mode’
Ubisoft CEO Yves Guillemot appears to be walking back some of the company's enthusiasm for NFTs, months after receiving strong pushback for its NFT project Quartz. 146 Total views 2 Total shares Yves Guillemot, the CEO of French gaming giant Ubisoft appears to have cooled the rhetoric behind the company’s NFT gaming project Quartz, noting…