The UK’s overlooked regulatory superpowers
The United Kingdom has a regulatory advantage in the cryptocurrency market.
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Innovation Grant Worth $15 Million to Encourage Asian Blockchain Startups
Singaporean blockchain developers Building Cities Beyond creates an innovation grant to encourage development on its ecosystem. 959 Total views 49 Total shares Building Cities Beyond (BCB) Blockchain, a Singapore based tech solution company for smart cities, has launched an innovation grant, worth $15 million, to encourage development on its ecosystem, according to Fintech News Singapore.This…

‘Not Very Practical’ — Critics Say Political Crypto Donations a Marketing Ploy
As one of only two crypto-accepting Democratic primary hopefuls withdraws his candidacy, political commentators have seized the moment to probe the crypto campaign donation trend.A report published by business media site Fast Company on July 10 has weighed in on presidential hopeful Eric Swalwell’s withdrawal with a focus on his role as one of two…

FTX in talks with investors to raise $1B for further acquisitions — Reports
The potential $1 billion funding round would add to the $400 million FTX raised in January, with the firm said to be seeking more capital to snap up deals amid the crypto winter. 193 Total views 6 Total shares Sam-Bankman Fried’s crypto exchange FTX is reportedly engaged in talks with investors to raise $1 billion…

The Nexus Mutual hacker is now asking for a $2.6M ransom
Attacker demands ten times the $300,000 bounty offered after apparently laundering a third of the stolen loot. 1822 Total views 10 Total shares A hacker, who on Monday stole $8.3 million from the private wallet of Nexus Mutual CEO Hugh Karp, has sent a ransom demand for $2.66 million in Ether (ETH) embedded in the…

India’s Citizens Will Vote With Blockchain, Election Commissioner Says
India’s citizens will soon be able to cast votes from outside their city of registration thanks to a blockchain-based system.According to The Times of India on Feb. 13, India’s Chief Election Commissioner Sunil Arora said that the country hopes to increase voter turnout with a blockchain-based voting solution.Using blockchain to prevent “lost votes”Arora said that,…

Tesla earnings: Bitcoin bags untouched as firm splashes out on AI
Tesla held onto its sizeable Bitcoin bags in the third quarter and upped its spending on artificial intelligence and research and development. 538 Total views 2 Total shares Electric vehicle maker Tesla made no changes to its sizeable Bitcoin (BTC) holdings — the fifth quarter in a row — though it has directed more funds

Fortnite Fans Race to Earn ETH-Based Rewards on Reddit, Crypto Users Saunter
Over 10,000 Redditors have signed up for the platform’s ETH-based rewards, however, 75% of them are Fortnight players. 2423 Total views 68 Total shares Within days of launching on the Rinkeby testnet, Reddit’s Ethereum (ETH)-based Community Points rewards system has seen more than 10,000 addresses created.Reddit’s points were rolled out across two subreddit communities pertaining…

IOTA joins Japanese gov’t on blockchain-based maintenance project
The IOTA blockchain finds a use case in industrial maintenance. 1691 Total views 22 Total shares The IOTA Foundation, a non-profit organization behind the IOTA blockchain, is collaborating with Japan’s government on a project targeting industrial infrastructure.The foundation has partnered on a project initiated by major Japanese maintenance companies, Best Materia and IMC, IOTA representatives…