Officials from the People’s Bank of China push to accelerate adoption of the country’s Fintech Development Plan. The People’s Bank of China, or PBoC, Financial Technology Committee held its first meeting of the year this week. During the meeting, the central bank’s deputy governor, Fan Yifei, urged that the country’s blockchain adoption strategy be accelerated. […]
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New research claims that the enterprise blockchain market will continue to rise to $21.07 billion by 2025. A new study from Fortune Business Insights, a company offering market studies and consulting services, estimates the blockchain technology market will reach $21 Billion by 2025, according to GlobeNewswire’s report on May 12. It stated that: “The blockchain technology […]
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Raoul Pal, CEO & Founder at Real Vision, applies the economic cycle theory to predict major disruption of the global financial system will drive Bitcoin to new highs. Raoul Pal, CEO & Founder at Real Vision, applies the economic cycle theory to predict a major disruption of the global financial system. He believes this will […]
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Both parties agreed to increase awareness of the ongoing threat of ransomware attacks across the globe. International crime-fighting organization, Interpol, joined forces with cybersecurity firm, Kaspersky, to launch a campaign called “Anti-Ransomware Day”. The date is set on the third anniversary of the most significant ransomware attack on record, WannaCry. According to the announcement, the […]
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Pantera Capital Founder explains how a Bitcoin maximalist bias led to the biggest mistake of his investor career. Dr. Steven Waterhouse, a founding partner of Pantera Capital, says that his biggest regret as a VC is not investing in the Ethereum (ETH) Initial Coin Offering (ICO), but he learned his lessons from his mistake. Waterhouse […]
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Bitcoin is not protected by Chinese law, a Fujian court reportedly rules — but other Chinese courts seem to have a different view. As a virtual commodity, Bitcoin (BTC) cannot be protected by the Chinese law, a court in Fujian province reportedly ruled on May 13. Fujian court dismisses a Bitcoin-related lawsuit According to Fujian […]
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A financial solution provider based on Bitcoin’s network unveiled a mobile-friendly light client, requiring no full node operation. IOV Labs, a startup that constructs financial solutions based on Bitcoin’s blockchain, has introduced another layer of scaling. “IOV Labs announced the launch of its Light Client for the Lumino Payments Network, a third-layer Bitcoin scaling solution,” […]
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Binance froze ETH previously stolen from Upbit immediately after the suspicious transaction was reported. An address associated with the $50 million hack of South Korean crypto exchange, Upbit, has moved some of the stolen Ethereum (ETH) to Binance. The world’s biggest exchange immediately froze these funds on its platform, and has initiated an investigation. On […]
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Maker continues to garner criticism due to its onboarding of centralized collateral. The original MakerDAO (MKR) protocol shut down on May 12 at 4 PM UTC after an expedited shutdown procedure was initiated as a result of the Black Thursday events. With Single Collateral DAI, or Sai, only Ethereum (ETH) was usable as collateral for […]
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One techie music artist has hidden Bitcoin in his new album, and it’s up for grabs to whoever solves the associated puzzle. Logic Beach, an instrumental, non-verbal techie sounding music group recently released a new album with Bitcoin (BTC) hidden inside its walls. Listeners are now working find the 12 word seed phrase for the […]
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