Thai SEC floats allowing crypto products in mutual, private funds

In his monthly crypto tech column, Israeli serial entrepreneur Ariel Shapira covers emerging technologies within the crypto, decentralized finance (DeFi) and blockchain space, as well as their roles in shaping the economy of the 21st century.While regulation is always a hot topic for the crypto scene, it is always interesting to take a sneak peek…

The blockchain launched by cryptocurrency exchange Binance, Binance Chain, has completed an upgrade to its mainnet. The latest iteration is called Galileo — v.0.6.0 — as announced by Binance on July 15.According to the announcement, there are four major changes implemented in Galileo: the matching engine has been revised with “Taker” and “Maker” matching logic,…

Recent research by Chainanalysis suggests that the amount of bitcoin (BTC) spent on illegal transactions this year could hit a record high of $1 billion, even as the ratio of illegal to legal transactions is shrinking, according to a report by Bloomberg on July 1.As per the report, the total flat value of BTC spent…

Unrealized losses are hitting both long-term and short-term holders this week, with half of the supply underwater in wallets. 891 Total views 7 Total shares Bitcoin (BTC) is setting unenviable records this week as hodlers big and small battle some major pain.Data from on-chain analytics firm Glassnode shows over one-third of the BTC supply being…

German Blockchain-as-a-Service (Baas) provider Advanced Blockchain AG has become the first blockchain development firm to be listed on Germany’s Xetra digital stock exchange, operated by Deutsche Börse. The news was reported by financial news site DGap on July 1.The Xetra all-electronic trading system was founded in 1997 for use on the Frankfurt Stock Exchange, but…

When we hear about holders of crypto being tracked down by the Internal Revenue Service, or that imprisonment is being considered for anyone using crypto in India, it conjures up a disconcerting image of what regulation might entail. It’s part of crypto’s DNA to be unregulated, some might say. It falls outside the scope of government…

The PlusToken controversy, which has led to the arrest of 109 individuals so far, has also reportedly resulted in a titanic seizure of crypto assets by Chinese authorities worth $4.2 billion at today’s prices.According to court filings released publicly on Nov. 19 and posted by The Block, authorities seized a staggering 194,775 Bitcoin (BTC), 833,083 Ether…

The Venezuelan army turns to crypto mining as the country's economy collapses. 2125 Total views 21 Total shares The regime of Nicolás Maduro continues to lean on crypto to keep economically solvent.Via Instagram, an engineering brigade of the Venezuelan army inaugurated the new "Digital Assets Production Center of the Bolivarian Army of Venezuela." As the…