Singapore blocks access to Polymarket over unlicensed gambling concerns
Singapore users claim that Polymarket was blocked, citing the Gambling Control Act 2022, which prohibits betting with unlicensed operators.
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Department of Homeland Security Awards $200K to Develop Blockchain Security Tech
The United States Department of Homeland Security (DHS) has awarded Virginia-based Digital Bazaar $199,984 to develop its blockchain security technology, according to a press release, Nov. 14.The Department’s Science and Technology Directorate (S&T) made the Phase 1 award, as it explores blockchain and distributed ledger technology (DLT) solutions to fulfill common needs across DHS missions.Replacing…
No more ‘Bitcoin effect’? MicroStrategy stock falls by 50% in 17 days
The excitement around Bitcoin has spilled over beyond spot price, data shows, with MSTR going from above $1,300 to $629 in just 17 days. 651 Total views 6 Total shares The Bitcoin (BTC) price correction isn't just hurting individual hodlers — the biggest players are suffering in more ways than one.Data from markets on March…
Australia’s $145M exchange scandal, Bitget claims 4th, China lifts NFT ban: Asia Express
Australian police bust $145 million money laundering scam, Bitget gains market share in Q3, China unblocks NFTs, and more. by Zhiyuan Sun 4 min October 26, 2023 Share Share Share Share Our weekly roundup of news from East Asia curates the industry’s most important developments. Largest money laundering scandal in Australia unravels Changjiang Currency Exchange
Freedom Factory unveils ethOS mobile hardware for Ethereum ecosystem
Users must first mint a non-fungible token on the Base layer-2 network to redeem the NFT for the upcoming crypto-native device.
2021 ends with a question: Are NFTs here to stay?
In her monthly Expert Take column, Selva Ozelli, an international tax attorney and CPA, covers the intersection between emerging technologies and sustainability, and provides the latest developments around taxes, AML/CFT regulations and legal issues affecting crypto and blockchain.On Nov. 14, Tezos-based nonfungible token (NFT) marketplace Hic Et Nunc — which in Latin means “here and…
Why approving a Bitcoin ETF might unleash $18 billion in sell-pressure
The introduction of a spot-based Bitcoin (BTC) exchange-traded fund (ETF) would make the asset more accessible to individual investors and mutual funds. What's more, unlike a futures-based Bitcoin ETF, a spot-based ETF involves actually buying BTC. So will the approval of the first Bitcoin ETF be a bullish event? Not necessarily. GBTC 'discount' remains in…
Judge: Mt. Gox CEO Mark Karpeles Must Face US Class-Action Lawsuit
District Judge Robert Kelly refused the request of the former CEO of now-defunct cryptocurrency exchange Mt. Gox, Mark Karpeles, to dismiss the U.S. class-action lawsuit against him, industry news outlet Coindesk reports on July 30.Dismissal request rejectedPer the report, Karpeles previously filed for the dismissal of the lawsuit alleging that he has hidden issues at…
Binance CEO CZ: Crypto Growth Needs Entrepreneurs and Projects, Not ETFs
The CEO of leading cryptocurrency exchange Binance, Changpeng Zhao, said that he doesn’t think Exchange Traded Funds (ETFs) “are core to our industry's growth,” during a live stream via Periscope, Feb. 6.Zhao — also known in the community as CZ — declared that the cryptocurrency industry will grow with or without the launch of a…