Public authorities across the globe continue to press Libra, central banks argue that the stablecoin will threaten sovereignty. Public authorities across the globe continue to press the developers of Libra, Facebook’s proposed stablecoin-like digital asset. On Sept. 16, Libra representatives met with the Committee on Payments and Market Infrastructure (CPMI), a part of the Bank […]
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CMCC Global has launched the Liberty Bitcoin Fund, providing custodial services and institutional-level access to Bitcoin. Major Asia’s blockchain-focused venture capital firm CMCC Global has launched a new institutional tracker fund for Bitcoin (BTC). Custody by Hong Kong Stock Exchange-listed firm Called the Liberty Bitcoin Fund, the Bitcoin index fund deploys Anxone, a custodial solution […]
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All 7-Eleven stores across the Philippines will sell cryptocurrency for cash thanks to a partnership between crypto investment app Abra and payment processor ECPay. Cryptocurrency investment app Abra starts selling crypto for cash in all 7-Eleven stores across the Philippines with a new partnership with payment processor ECPay. Crypto in 6,000 outlets in the Philippines […]
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South Korea’s main opposition party, the Liberty Korea Party, is poised to unveil its pro-innovation policy for cryptocurrencies and crypto exchanges. South Korea’s main opposition party, the Liberty Korea Party (LKP), is poised to unveil its policy for cryptocurrencies and crypto exchanges. As Cointelegraph Korea reported on Sept. 19, the LKP’s stance appears to be […]
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Arab Bank Switzerland has partnered with blockchain technology firm Taurus to offer Bitcoin and Ether custody and brokerage services to its clients. Arab Bank Switzerland has partnered with blockchain technology firm Taurus to offer Bitcoin (BTC) and Ether (ETH) custody and brokerage services to its clients. Swissinfo reported the development on Sept. 19. Serge Robin, […]
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Bitcoin’s technical prowess better than ever as confidence in the network keeps growing despite a BTC price slump. Bitcoin’s (BTC) network hash rate has passed a record 102 quintillion hashes for the first time in history in a historic milestone for the cryptocurrency. Bitcoin adds another zero to hash rate As data from monitoring resource […]
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U.S. authorities arrested two men for allegedly threatening to destroy a crypto startup after demanding millions of dollars in a shakedown. Authorities in the United States have arrested two individuals who allegedly threatened to destroy a startup crypto company if they were not paid millions of dollars in cryptocurrency. Extortion of crypto startup On Sept. […]
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Israeli cybersecurity startup GK8 developed the world’s first internet-free system for transacting cryptocurrencies. Israeli cybersecurity startup GK8 has reportedly developed the world’s first offline system for transacting cryptocurrencies. The new system uses GK8’s proprietary cryptographic techniques that enable instant blockchain transactions of digital assets without any need for an internet connection, Israeli business news publication […]
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The Turkish government has announced plans to establish a national blockchain infrastructure for public administration applications. The Turkish government has announced plans to establish a national blockchain infrastructure to utilize distributed ledger technology (DLT) in public administration. The Ministry of Industry and Technology set out its vision during its Strategy 2023 presentation on Sept. 18 in Ankara. […]
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A U.S. judge ruled that Craig Wright must give up half of what he and Dave Kleiman mined together — but how much is that? Since early 2018, Craig Wright, a controversial Australian computer scientist and tech entrepreneur, has been the defendant in a lawsuit filed on behalf of the estate of Dave Kleiman, Wright’s late business […]
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