Upbit to pause NEAR deposits for network upgrade
Upbit ensures uninterrupted NEAR trading while suspending deposit and withdrawal services amid a crucial network upgrade.
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South Korean Crypto Exchange Is First to List Kakao’s Token
Kakao’s KLAY token is now trading with a South Korea won pairing despite the country’s restrictions on ICOs. 1281 Total views 31 Total shares South Korean tech giant, Kakao, listed its Klaytn blockchain-issued Klay (KLAY) token via a local cryptocurrency exchange on June 5. This news follows their launch of a new crypto wallet feature…

China to build giant AI chip factory to bypass US sanctions: Report
Chinese scientists are reportedly considering constructing massive facilities to manufacture the technology necessary to create AI semiconductor chips locally. 193 Total views 5 Total shares China is looking to build artificial intelligence (AI) chip factories for creating particle accelerators to help bypass sanctions affecting the local industry, according to a report from the South China

Australia proposes to regulate crypto exchanges under TradFi license regime
The Australian treasury's newly-released consultation paper will require to crypto exchanges to apply for financial services licence from the local financial regulator. The Australian federal government may soon require cryptocurrency exchanges to hold a financial services license issued by the local financial regulator, the Australian Securities and Investment Commission (ASIC). In the newly-unveiled “Regulating digital asset

Not bad for 2020: Up 42% in Q4, Bitcoin price outperforms top bank stocks
Historically, traditional market analysts and old school investors tend to look at Bitcoin and other cryptocurrencies with a wary eye, and when crypto pundits attempt to make comparisons between the two these investors say it's an apples to oranges argument. Take, for example, Warren Buffett, who many a time has said Bitcoin is nothing more…

Physical Bitcoin For Sale on eBay for $99,000
A physical bitcoin (BTC) is selling on eBay for $99,000, a listing on July 1 shows.The seller claims the “collector’s must have” is a Casascius brass token that was created in 2011.According to the listing, the physical coin is loaded with one BTC that has not been redeemed, and all of the seals remain intact.Payment can be made…

New agent launches on Virtuals plummet amid AI token drawdown
Originally launched on Base, the AI engine hosts popular agents but has experienced a sharp decline in new debuts.

Bank of Finland governor says digital euro could facilitate pan-European services to consumers
"An economy dominated by digital payments but without a strong monetary anchor would be inherently unstable," claimed Rehn. 68 Total views 24 Total shares In a novel address at the University of California Berkley published on Wednesday, Olli Rehn, governor of the Bank of Finland, touted the possibility of a digital euro centralized bank digital…

Former Celsius CEO Alex Mashinsky reportedly arrested
The U.S. SEC filed a lawsuit against the bankrupt crypto lender on July 13 followed by news reports about the arrest of the former CEO Alex Mashinsky. 958 Total views 13 Total shares The former CEO of now-bankrupt crypto lender Celsius, Alex Mashinsky, was reportedly arrested on the morning of July 13. The news broke minutes…