UK finance regulator FCA a ‘deterrent’ to crypto industry, says CryptoUK
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.
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It’s been close to 10 years since Bitcoin came into existence, and in that time, major financial institutions have slowly come to grips with blockchain technology and cryptocurrencies. Some have taken to the industry quicker than others, and some have outright turned their backs on the thought of using or investing in cryptocurrencies. However, the…
Real Estate Security Tokens Steadily Gain Market Share
The nascent real estate security token, or REST, sector experienced consistent growth in Q1 2020.Three new properties were also listed on RealT during March — doubling monthly real estate token trade.RESTs now represent nearly half of active security token markets, and 15% of total volume. Tokenized real estate quietly garners liquidityDuring January, tokens representing fractionalized ownership…
Musk claims X hit by ‘massive DDoS attack’ delaying Trump interview
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CoW Swap hacker milks over 550 BNB using ‘solver’ exploit
Security firm PeckShield reported that the hacker successfully drained roughly 551 BNB off CoW Swap into Tornado Cash, which was worth around $181,600 at the time of writing. 417 Total views 6 Total shares Own this piece of history Collect this article as an NFTDecentralized exchange (DEX) protocol CoW Swap recently suffered an attack, losing…
Ghana’s vice president declares Africa should embrace digital currencies
Digital currencies are primed to reinvent trade between African countries. 491 Total views 62 Total shares Ghana's vice president Dr. Mahamudu Bawumia believes that African governments need to embrace digital currencies to facilitate trade throughout the continent.As reported by Ghanaweb Bawumia outlined his argument during the Fifth Ghana International Trade and Finance Conference, which boasted…
DeFi security project ‘Lossless’ helps recover $16.7M from Cream Finance hack
Lossless also plans to ship a security tool that will reportedly aid DeFi projects in preventing hacks and exploits on their platforms. 309 Total views 7 Total shares Lossless, adecentralized finance, or DeFi, security outfit has assisted in the recovery of 5,152.6 Ether (ETH) siphoned during the Cream Finance exploit that occurred in August.Tweeting on…
Bitcoin chart fractal suggests BTC price will rally to at least $80K by September
While Bitcoin's (BTC) price has slipped by more than 8.2% after rising to $42,230, the 43.5% rally included 10 consecutive days of gains. But despite BTC currently trading at around $39,700 as of Aug. 2, some analysts anticipate that it can rise by another 100%.Nunya Bizniz, an independent market analyst, posted the bullish setup on…
Cointelegraph Exclusive: Former CFTC Chair Looks to Digital Dollar Beyond COVID-19 Stimulus
The digital dollar has been the talk of the crypto world this week. Drafts of the COVID-19 stimulus bill first included and then discarded the creation of digital dollar wallets; a digital distribution method that would enable direct aid to citizens. The version of the “Coronavirus Aid, Relief, and Economic Security Act” that became law on…