The Giving Block starts disaster fund for California wildfire victims
According to The Giving Block, approximately $200 million in crypto donations have been raised on their platform since its inception.
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Qatar Financial Centre Puts Blanket Ban on Cryptocurrency Businesses
The Qatar Financial Centre Regulatory Authority (QFCRA) announced that virtual asset services may not be conducted in or from the Qatar Financial Centre (QFC).The regulator announced the new measures in a tweet published on Dec. 26, stating that authorized firms are not permitted to provide or facilitate the provision or exchange of crypto assets and…
DeFi and DEX volumes soar amid China’s crypto ban and ongoing US regulation
Last week China’s heavy-handed crackdown on crypto trading crypto briefly sent shockwaves across the market as Bitcoin and altcoin prices saw a sharp drop following the announcement, but as is the case with all things crypto-related, the market bounced back as resilient traders found other ways to participate in the market. Part of China's goal in…
Unity in Europe — DGen’s Conclusion to Fueling Blockchain Innovation
Besides China’s ongoing struggle with the coronavirus, one of the defining narratives for the world’s largest country entering the new decade was its central bank-issued digital currency. Reportedly in its final phase of testing and ready for rollout in 2020, the Chinese CBDC has sparked speculation and intrigue from governments around the world.Just recently, a…
Los Angeles Mayor’s Office Hosts Blockchain Startup Competition
The Los Angeles Mayor’s Office of Budget & Innovation and the city’s Information Technology Agency (ITALA) have partnered with Goren Holm Ventures (GHV) to host a blockchain startup contest called Block Tank.According to a Goren Holm Ventures press release published on Sept. 16, the event will take place in front of a panel of celebrity…
BTC Exchange Deposits Hit Lowest Point Since 2016
On April 12, the number of Bitcoin (BTC) exchange deposits hit the lowest point since August 2016.Recently, there has been a trend towards Bitcoin holders moving their assets away from the exchanges, with some exchanges hit particularly hard. For instance, the amount of Bitcoin held by BitMex and Bitfinex has dropped significantly in the last…
Aave launches V3 liquidity pool following unanimous governance decision
Decentralized finance (DeFi) protocol Aave has announced the launch of Aave V3, marking a significant evolution on the existing model of liquidity pools by promising to improve financial efficiency, bolster current safety and security measures, foster greater decentralization via DAO development, as well as enhance the user-interface design.Holders of the project’s native tokens, AAVE, are…
Bitcoin briefly dips below $43K as Fed says rate hike ‘soon appropriate’
Bitcoin (BTC) dipped below $43,000 on Feb. 17 as another day on ranging compounded hopes for an incoming breakout.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewFed teases over rate hikesData from Cointelegraph Markets Pro and TradingView showed BTC/USD acting in a slightly widened zone with $44,500 as a ceiling over the past 24 hours.The pair had returned…
Senior SEC Official Amy Starr: Securities Laws Are ‘Written to Be Dynamic’
Securities laws are “written to be dynamic,” a senior official at the United States securities regulator claimed in a recent panel at Consensus 2019 on May 13.Amy Starr, chief of the office of capital markets trends at the U.S. Securities and Exchange Commission (SEC), expressed the regulator’s willingness to interact with local crypto and blockchain-related…