Major cryptocurrency firm Ripple released a set of recommendations for Indian lawmakers to legalize cryptocurrencies. American fintech firm Ripple has proposed a policy framework for regulating crypto in India amid local crypto uncertainty. In an effort to persuade Indian authorities to support fintech regulation and the growing crypto industry, Ripple issued a policy paper addressed […]
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A German fintech company responsible for several crypto debit cards, including Crypto.com’s, allegedly misrepresented over $2 billion in cash reserves. Major fintech company WireCard, which issues Crypto.com’s debit cards, has fallen into controversy as some of its employees appear to have defrauded the company. As reported by the Financial Times on June 18, auditors from […]
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As the network gets readjusted, and Bitcoin mining difficulty increases, older generations of mining machines might be out again. Some Bitcoin (BTC) miners might become unprofitable again as a result of the latest difficulty adjustment. Earlier this week, the network mining difficulty adjustment saw a +14.95% spike, its largest increase since January 2018. The regular […]
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Blockchain games continue to gain acceptance as the infrastructure around virtual economies and NFTs continues to grow. Virtual economies based on blockchain technology are starting to emerge as one of the biggest upcoming trends in gaming, gaining more traction with investors, gamers and developers alike. The use of nonfungible tokens, or NFTs, which provide proof […]
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The Bancor decentralized exchange has released a smart contract with a critical vulnerability, and is now hacking itself to save user funds from malicious actors. The newest release of the Bancor decentralized exchange appears to be vulnerable to a very serious bug that can result in a significant loss of user funds. According to the […]
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With the launch of an Ethereum Virtual Machine, Telos is set to enable developers to create and run Ethereum-Compatible smart contracts. Telos, currently ranked the second-most active blockchain worldwide, is set to enable developers to create and run Ethereum-compatible smart contracts without transaction fees. Telos is a smart contract platform that supports the creation of […]
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An Australian government-backed trial of P2P solar trading using blockchain found that the technology is popular and technically feasible. An Australian government-backed trial of peer-to-peer solar trading using blockchain technology has found that the technology is popular with users and technically feasible. The trial, which ran between Dec. 2018 and Jan. 2020, was part of […]
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BitMEX parent company HDR Global and OKCoin are collaborating on a joint $150,000 grant for an independent Bitcoin developer. OKCoin and HDR Global (the company that owns BitMEX) have partnered to provide a joint grant of $150,000 to Bitcoin (BTC) Core developer Amiti Uttarwar. This is the first time two competitor exchanges have come together […]
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The blockchain trade finance platform backed by major banks reportedly laid off almost half of its workforce due to a lack of funding. Owing to ongoing financial difficulties, the IBM Hyperledger-powered trade finance blockchain platform we.trade is laying off almost half of its workforce. According to a Global Trade Review report, “more than a dozen […]
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Heavy correlation to the S&P 500 means that BTC/USD should be more like $18,000 unless the market falls, says the stock-to-flow creator. Bitcoin (BTC) should cost $18,000 right now — or the S&P 500 must crash, says the analyst behind the model which predicts a BTC price of $288,000. In a series of tweets on […]
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