Vietnam releases blockchain strategy, aims for regional leadership
Vietnam’s new blockchain strategy focuses on legal frameworks, infrastructure and international cooperation, as it aims to boost innovation and build a thriving ecosystem.
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Genesis seeks court’s approval to reduce 3AC claim from $1B to $33M
Bankrupt lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund 3AC. 526 Total views 3 Total shares Bankrupt cryptocurrency lender Genesis has asked the court to approve its proposed settlement agreement with the imploded crypto hedge fund Three Arrows Capital (3AC).According to a court filing on
Crypto Industry Now Comprises 7% of Switzerland’s Largest SRO: Report
Switzerland’s biggest cross-industry self-regulatory organization (SRO) has seen a spike of members from the cryptocurrency and blockchain industry.88 members of Financial Services Standards Association have connection to cryptoThe Swiss Financial Services Standards Association (VQF), the oldest and largest SRO in the country, said that 7% of its membership is connected with crypto-related businesses, financial news…
Nigerian crypto adoption rises despite govt crackdown
Nigerian cryptocurrency adoption continues to rise in spite of government crackdown, with peer-to-peer (P2P) trade volume for Bitcoin posting its second strongest week on record last month.According to data from Google Trends, Nigeria still ranks number by search interest for the keyword “Bitcoin” as of this writing. P2P Bitcoin trading denominated in the Nigerian Naira…
Ripple’s XRP Ushers in Wallet Termination Capability
XRP users can now delete their wallets on the XRP network if they so desire — an update put in place after the community majority voted in favor of the change."After maintaining an 80% consensus during the mandatory 15-day voting period, the XRPL Deletable Accounts Amendment became enabled on May 8, 2020 at 4:29:30 UTC,…
Bitfinex Attempts to Recover $880 Million in New Court Filing
IFinex, the parent company of major cryptocurrency exchange Bitfinex filed a discovery application to regain access to $880 million in funds. Discovery is a law allowing each party to obtain evidence from the other party or parties through the law of civil procedure before the actual trial. According to the application and supporting declaration by Bitfinex…
Bitcoin Price Diary: How Everything Went 100% Right With My $7.3K Long
The sixth installment of my trade journal features one of my best Bitcoin (BTC) swing trades ever, catching much of the 40% move that caught many traders off guard. This was a straightforward trade for me, filling bids in an area that I was expecting to be near the potential bottom. The entire trade is immortalized…
New York Judge Grants US Government Right to Intervene in $7M Bitcoin Fraud Case
The New York Southern District Court has ruled in favor of the United States government to intervene in a civil case against Jon Barry Thompson, who is alleged of a $7 million Bitcoin (BTC)-related fraud.With Judge Loretta A. Preska’s ruling on Nov. 19, the U.S. government — in this case, represented by the Commodity Futures…
All you can eat: SushiSwap deploys contracts on five new networks
Top decentralized exchanges are exploring alternatives to Ethereum amid high gas prices, with SushiSwap porting its platform onto five additional networks. 2553 Total views 25 Total shares Major DeFi protocols are moving to cultivate a multi-chain decentralized finance ecosystem, with SushiSwap deploying its contracts on five networks, and Balancer announcing ports onto Moonbeam and Polkadot. On…