Safe’s Safenet wants to bring Visa-like payments network to crypto
Safenet aims to be a layer connecting existing blockchains and allow users to interact with any chain through a single account.
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X-Spot granted trademark injunction against Huobi Global in Hong Kong
The ruling only applies to the use of the trademark in Hong Kong until a final decision is issued at trial. X-Spot Global Limited, a company owned by Huobi Global exchange (now HTX) co-founder Leon Li, has won an injunction against Huobi Global for the latter to cease its use of the Chinese-equivalent "Huobi" trademark
Canada’s DMG Blockchain Puts 85 Megawatt Crypto Mining Facility Into Operation
Canadian blockchain and cryptocurrency company DMG Blockchain Solutions Inc. has energized its new crypto mining facility, according to an announcement published Nov. 8. DMG states that the facility will start at 60 megawatts, and can expand its capacity up to 85 megawatts.DMG Blockchain Solutions initially revealed its plans to launch the station in July, stating…
Funds Are SAFU, but Reorg Is Not: What We Know About the Binance Hack So Far
Binance, one of the world's largest cryptocurrency exchanges, experienced a “large scale” data breach on May 7. The hackers reportedly stole around 7,000 Bitcoin (BTC), worth more than $40 million as of press time.As the platform explained via a public statement, the fraudsters had managed to steal users’ application programming interface (API) keys, two-factor authentication…
India G20 confirms ‘active discussions’ around global crypto framework
Sitharaman said crypto was a “threat as well as an opportunity” while confirming that the G20 members are working toward this vision of establishing a global crypto framework. 374 Total views 8 Total shares Under India's G20 presidency, active discussions around establishing a global framework for cryptocurrencies are underway, India’s minister of finance Nirmala Sitharaman
FTX sister company Alameda Research sues Voyager Digital for $446M
FTX lawyers claim that Voyager Digital was complicit in its own collapse by “knowingly or recklessly” channeling customer funds to Alameda. 379 Total views 5 Total shares Own this piece of history Collect this article as an NFTEmbattled crypto investment firm Alameda Research is suing bankrupt crypto lender Voyager Digital in an effort to claw…
Bank of England Releases Discussion Paper on CBDCs
The Bank of England (BoE) is seriously weighing the pros and cons of issuing a central bank digital currency (CBDC) denominated in pounds sterling. Britain’s central bank recognized that a digital pound could be destabilizing for the current banking system. However, a digital currency could utilize the latest FinTech and make transactions easier and faster…
How ChatGPT can help with personal finance management
Managing personal finances can be a challenge for many people. With so many financial products, services and investment options available, knowing where to start or how to make informed decisions can be difficult. Fortunately, ChatGPT can help. As an artificial intelligence (AI)-powered chatbot, ChatGPT can offer personalized advice on various financial topics, including budgeting, investing,…
BIS, EU central banks building data platform to track crypto, DeFi flows
The Bank for International Settlements and a handful of European central banks are building a system to track international flows of cryptocurrencies. 286 Total views 6 Total shares The Bank for International Settlements (BIS) has developed a proof-of-concept (PoC) for a system tracking on-chain and off-chain transactions from cryptocurrency exchanges and public blockchains, including Bitcoin.Working