Vitalik: L2s that aren’t at least ‘stage 1’ are dead to me
The Ethereum co-founder said it was “stage 1 or bust” for his acceptance of a layer-2 project’s decentralization progress.
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Major Hong Kong Property Firm to Seek Regulatory Approval for Tokenized Real Estate
Family-owned property firm Stan Group — which represents the assets of “shop king” real estate scion Tang Shing-bor — is set to meet with Hong Kong’s securities watchdog in January 2020 to seek approval for the sale of tokenized real estate assets. Hong Kong English-language newspaper South China Morning Post (SCMP) reported the news on…

BNB/ETH Trading Pair Added to Binance DEX
Cryptocurrency exchange Binance has added the Binance Coin/Ether (BNB/ETH) trading pair to its decentralized exchange (DEX), according to a company announcement on Dec. 24.Last week’s proposal is this week’s launchThe listing follows an initial proposal posted on the Binance community website a week ago by Binance CEO Changpeng Zhao, popularly known as CZ.ETH BEP2 tokens…

The Rise of Virtual Hackathons: Tackling Blockchain Challenges Online
Online events are becoming more common as coronavirus cases continue to surge. So it shouldn’t come as a surprise that the blockchain community has seen an uptake in virtual hackathons this year, a concept which is actually proving to be beneficial.For example, hackathon management platform TAIKAI works with organizations to facilitate a virtual open network…

BitMEX Moves to Compulsory ID Checks for All Customers
BitMEX will launch a user verification program to create a more trusted and secure trading environment. Hong Kong based cryptocurrency derivatives exchange BitMEX will be launching a user verification program on August 28, requiring all customers to complete ID checks within the next six months.But as a sweetener, they’re offering a trading competition that’s only…

Hong Kong Monetary Authority aims to oversee stablecoin reserves
Hong Kong’s central bank is inviting global stablecoin operators to respond to its proposed rules. 186 Total views 3 Total shares Hong Kong’s central bank, the Hong Kong Monetary Authority (HKMA), wants to supervise stablecoin issuance and reserves management.HKMA published a discussion paper on Jan. 12 regarding cryptocurrencies and stablecoins, in which it provided its views…

El Salvador reportedly weighing paying employees in Bitcoin
A 2001 law on monetary integration in the country states that salaries and fees may only be paid in colónes or dollars. 622 Total views 2 Total shares Rolando Castro, the Minister of Labor and Social Welfare in El Salvador has said that the government is discussing whether companies in the country should pay their…

Vitalik: Centralized USDC could decide the future of contentious ETH hard forks
Speaking at the BUIDL Asia event in Korea, Vitalik Buterin said that centralized stablecoins like USDC & USDT will become significant deciders in future hard forks. Ethereum co-founder Vitalik Buterin says that centralized stablecoins such as Tether (USDT) and Circle USD (USDC) could become “a significant decider in future contentious hard forks.”Buterin was speaking at…

Bitcoin exchange buying is back as 'Spoofy the Whale' lifts $90K asks
Key points: Whales on Binance joins Coinbase in adding BTC exposure as Bitcoin recovers above $90,000. The Coinbase premium is back in the green amid a broad risk-asset relief rally. Resistance attributed to an entity dubbed “Spoofy the Whale” at $90,000 disappears. Bitcoin (BTC) has fresh whale buying pressure across major exchanges as large-volume investors