Binance opens a research institute in Shanghai’s Lingang area, though it should not officially be considered a Binance office. Binance Academy has entered into an agreement with Shanghai’s local government to set up an office in the country. The initiative will reportedly be devoted to research blockchain technology in accordance with an Oct. 24 statement […]
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The trial of two of Centra Tech’s founders has been tenuously postponed until September 3 amid coronavirus disruptions. The upcoming trial of two men accused of running the fraudulent Centra Tech initial coin offering (ICO), which raised $60 million after soliciting celebrity endorsements in 2018, has been postponed until September 2020. On March 26, a […]
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Microsoft files crypto-based patent which would enable individuals to mine crypto using body activity data. Tech giant, Microsoft, is looking to develop a cryptocurrency system which enables individuals to mine cryptocurrency using their body activity data, eliminating the need for specialized mining machines. Microsoft published a patent dubbed “Cryptocurrency system using body activity data” on […]
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The personal experience of significant changes in life: from traditional banking investments into the crypto world of startups. “How could I possibly do this?” — That is what I asked myself when the opportunity presented itself to leave my 14-year career in corporate and investment banking to join the startup world. It was certainly one […]
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The Monetary Authority of Singapore exempted a number of crypto payment services from holding a financial license under the Payment Services Act. While Singapore recently adopted specific cryptocurrency legislation — the Payment Services Act (PSA) — in January 2020, it turns out that some crypto firms like Ripple, Coinbase and Binance have been exempt from […]
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South Korea’s KB Kookmin Bank applies to trademark KBDAC (KB Digital Asset Custody) in over twenty crypto-related business areas. Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future. According to a report from local news outlet Digital Today on March 27, the bank filed a […]
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Following a warning from the national watchdog earlier this month, regional authorities across the U.K. say Bitcoin scammers are using the coronavirus crisis to hoax citizens. Following a warning from the national watchdog earlier this month, regional authorities across the United Kingdom say Bitcoin scammers are using the coronavirus crisis to hoax citizens. In a […]
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The Missoula County Board of Commissioners has extended its green regulations for cryptocurrency miners, enabling them to set up operations in industrial zones only. The Missoula County Board of Commissioners in Montana, United States, has extended its green regulations for cryptocurrency miners, which are designed to control the energy consumption of the industry in the […]
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Top crypto traders have started to lean toward a resumption of a bearish trend for Bitcoin price. With the firm recovery of the Dow Jones Industrial Average and Bitcoin defending the $6,400 support level with strength, crypto traders anticipated the Bitcoin price to rebound to at least the mid-$7,500 area in the short term. In […]
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Iconic entertainment firm Atari is partnering with The Sandbox on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. Iconic entertainment firm Atari is partnering with The Sandbox (TSB) on the upcoming voxel-based blockchain version of its popular user-generated content and gaming platform. In an announcement on March 27, blockchain startup […]
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