On Monday, December 6, Japan’s Financial Services Agency (FSA) announced that it will propose legislation in 2022 that seeks to limit the issuance of stablecoin to banks and wire transfer companies. The major financial market regulator stated that limiting the stablecoin issuances will assist in reducing down risks, as banks have the responsibility of protecting customers assets […]
Bitcoin, Dogecoin and Ether lead the list as the most popular cryptocurrencies Americans plan to gift during the holiday season. Cryptocurrencies like Bitcoin (BTC), Dogecoin (DOGE) and Ether (ETH) are set to become the gift of choice for people of the United States, a new study by crypto lending firm BlockFi revealed. Conducted in October
Survey says crypto popular holiday gift for Americans — NFTs not so much Read More »
The botnet used the Bitcoin blockchain to evade cybersecurity officials and remain online, Google alleged. Google on Tuesday moved to shut down a sophisticated cryptojacking botnet that used the Bitcoin blockchain to evade cybersecurity officials. Known as “Glupteba,” the botnet has infected more than 1 million machines worldwide, Google said in a civil complaint filed Tuesday
Google Sues to Shutter Cryptojacking Botnet That Infected 1M+ Computers Read More »
Bancolombia will soon offer its customers the ability to buy and sell bitcoin through a partnership with Gemini. Cryptocurrency exchange Gemini will soon offer frictionless bitcoin trading in Colombia for customers of the country’s biggest bank, Bancolombia, the company said in a statement Monday. However, it is unclear whether users will be able to withdraw
COLOMBIA’S BIGGEST BANK TO OFFER BITCOIN TRADING Read More »
BSC-based projects will get a chance to gain insight from Animoca Brands and assistance from the BSC community. Binance Smart Chain (BSC) and Animoca Brands are launching a $200-million investment program to incubate early cryptocurrency-focused gaming projects building on BSC. BSC and Animonica announced on Monday that they are co-investing up to $100 million each
Binance Smart Chain and Animoca Brands form $200M fund for GameFi projects Read More »
One of the world’s biggest cryptocurrency trading platforms, FTX Derivatives Exchange, has published a 10-point regulatory proposal aimed at helping American regulators to provide better regulatory oversight of the broader cryptocurrency ecosystem. Contained in a Blog post dubbed “FTX’s Key Principles for Market Regulation,” the trading platform recommended that all aspects of the market, either spot or
FTX Shares 10-Point Regulatory Proposals to American Congress Read More »
A bug in the token lending contract of the Solana Program Library (SPL) was recently found and fixed by Neodyme, a security auditing firm. The bug, that was discovered a couple of months back, could have affected several decentralized finance protocols holding more than $2 billion in total value locked (TVL). Their team identified the
Bug in Solana Token Lending Contract Fixed, More Than $2 Billion Made Exploitable Read More »
Based on NFT and metaverse sales over the past week, the demand for digital land outpaced all other items, art and collections. Digital land is in high demand in what is already a highly lucrative market as the past week’s nonfungible token (NFT) and Metaverse sales figures revealed. Data from industry metrics platform NonFungible.com indicates that
Virtual land in the metaverse dominated NFT sales over past week Read More »
Similar to the micro bitcoin futures launched in May, micro ether futures are 1/10 of one ETH. The Chicago Mercantile Exchange (CME) Group, the largest U.S. derivatives exchange, has introduced micro ether (ETH) futures, its second micro-crypto product of 2021. Similar to the micro bitcoin futures launched in May, micro ether futures are 1/10 of
CME Group Introduces Micro Ether Futures Read More »
The bitcoin payroll company teamed up with Voltage and ACINQ to process the world’s first Lightning payroll. Bitwage has processed the world’s first Lightning payroll. The company processed a salary payment entirely on the Lightning Network, Bitcoin’s layer 2 scaling solution for fast and cheap bitcoin payments. “Bitcoin’s Lightning Network promises the ability to enable global,
BITWAGE PROCESSES WORLD’S FIRST BITCOIN PAYROLL ON LIGHTNING Read More »
