TON struck by outage, no new blocks produced in 3 hours
The Telegram Open Network is no longer producing blocks following a frenzy of trading activity for a new memecoin called DOGS.
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Bitcoin ATM Producer Moves to Switzerland Due to Regulatory Difficulties
Bitcoin (BTC) automated teller machine (ATM) manufacturer Lamassu has moved to Switzerland due to regulatory difficulties in other countries, according to a blog post published Jan. 1.Lamassu — now called Lamassu Industries AG — has moved to the Swiss canton of Lucerne, because the firm wants “to be in a place where rules are well…
Hong Kong’s Securities and Futures Commission warn of nonfungible token risks
The regulatory agency's main concern was the rise of unregulated collective investment schemes in NFTs. 68 Total views 2 Total shares On Monday, Hong Kong's Securities and Futures Commission (SFC) released a statement warning investors about the risks of nonfungible tokens, or NFTs, which have soared in popularity in recent years. The regulatory body wrote: "As…
Bitcoin hits $45K ahead of July inflation report, but one fractal hints at looming correction
Bitcoin (BTC) reached its highest level in more than two months with just a few days remaining before the July inflation report.The top cryptocurrency climbed 1.65% to $45,363 on Aug.8, continuing the upside momentum that has already seen it jumping 21.62% from its August 5 low of $37,300. BTC/USD daily chart. Source: TradingView.comMomentum was strong…
Ripple partners with Colombia’s central bank to explore blockchain technology
The pilot program will run through 2023 with the intent of demonstrating blockchain utility to the general public. 336 Total views 1 Total shares Banco de la República, Colombia’s central bank, is partnering with Peersyst and Ripple to pilot blockchain technology on the XRP ledger. The Ministry of Information and Communications Technologies (MinTIC) in Colombia will…
Chinese Schools Can’t Keep Up With Demand for Blockchain
The Chinese academic sector is “seriously lagging” in terms of keeping up with demand for blockchain specialists. As the blockchain industry keeps expanding across China, there are concerns that the academic sector is failing to keep up with demand for comprehensive, undergraduate, blockchain-related educational programs.The head of the Digital Economy Development Research Center at the…
3 reasons why Bitcoin can rally back to $60K despite erasing last week’s gains
Bitcoin (BTC) plunged to below $38,000 on Monday, giving up all the gains it had made last week, which saw BTC/USD rally over $45,000.BTC back below $40K as oil soarsThe losses appeared primarily in part due to selloffs across the risk-on markets, led by the 18% rise in international oil benchmark Brent crude to almost $139…
Wells Fargo Expects a Stock Market Sell-Off — Bitcoin Price to Follow?
Wells Fargo warned that stocks could sell-off after an amazing recovery, meaning Bitcoin price is also possibly at risk of a sharp correction. 1998 Total views 20 Total shares Wells Fargo anticipates U.S. corporate pensions will move $35 billion into fixed income. Analysts believe this may cause a sharp sell-off in the stock market and…
Indian parliament’s agenda for winter session includes bill on banning ‘private cryptocurrencies’
The Cryptocurrency and Regulation of Official Digital Currency Bill is one of 26 new pieces of legislation for India's lower house of parliament to consider when it convenes next Monday. 2664 Total views 11 Total shares The Indian government will be considering a bill that would create a digital rupee starting as early as next…