Pro-Crypto Bill Proposed by South Korean Lawmaker
A South Korean bill promoting cryptocurrency trading has been introduced in a bid to establish a robust digital asset ecosystem. Crypto-bill According to local media sources cited by BusinessTelegraph, South Korean lawmaker and National Assembly Political Committee member, Kim Sun-dong, announced the initiation of what he called the ‘Digital Asset Trading Promotion Act’. Elaborating on the […]
As Bakkt Looms, Wall Street Boss Says Bitcoin Here to Stay
Jeff Sprecher, CEO of the NYSE’s parent company Intercontinental Exchange (ICE), has asserted that digital assets will survive, regardless of the market’s dips and dives as seen over the past weeks. A firm backer of Bitcoin, Sprecher had announced that, with the help of technology partner Microsoft, ICE was planning to launch a new digital […]
FBI Arrests AriseBank CEO Over $4 Million Crypto Fraud
The US Federal Bureau of Investigation (FBI) has arrested AriseBank CEO, 30-year-old Jared Rice Sr, who is accused of defrauding investors out of over USD 4 million. AriseBank, self-described as being the home of the first digital asset bank with over 700 cryptocurrencies, has been accused of operating illegally, with no authorization to operate banking services […]
Manila Residents Paid ETH for Consensys-Backed Beach Cleanup
Manila residents are being paid in Ether for cleaning up the city’s plastic-ridden beaches in a new crypto for work project in the Philippine capital. Recent research has shown that that five Asian countries — China, Indonesia, the Philippines, Vietnam and Thailand — account for more than 55% of global plastic waste leaking into the […]
Bitcoin-Related Google Searches at Highest Level Since April
Recent data from Google search engine shows that the searches for the word Bitcoin have reached the highest level in over seven months despite the recent price tank. The statistics show renewed interest in the world’s largest cryptocurrency by the public as cryptocurrency adoption increases around the world. The data shows that Bitcoin-related searches made […]
China Warns Fintech Revolution Potentially At Risk Without Rules
The president of a major financial investment platform has suggested that the sheer numbers of fintech companies setting up in China represents a risk to the country’s development as a major hub because of lack of controls. Vince Zhang, President of Phoenix Finance, was speaking on Day 3 of CNBC’s East Tech West on 29 […]
New Wreck it Ralph Film Has Blockchain Cameo
A blockchain platform’s logo has been spotted in a scene from the sequel of the Wreck it Ralph animated movie. Apart from being one of the most searched words on the internet and retaining its status as the buzz word of 2018, crypto seems to to have penetrated every level of popular consciousness, including even Hollywood. […]
Lettuce E. Coli Outbreak Prompts FDA to Seek Blockchain Solution
A recent E. Coli outbreak in lettuce has convinced the US Food and Drug Administration (FDA) that it could adapt blockchain for tracing food in a complete supply chain. Dr Scott Gottlieb informed in a CNBC interview that the FDA had already requested Walmart’s ex-head of food safety, Frank Yiannas, to be its food and […]
Bitcoin Surges 15%, Biggest Daily Gain Since April
Bitcoin benefited from a 24-hour gain of nearly 15% on Wednesday, the largest daily increase since mid-April. A fresh bear market began on 14th November, which saw the cryptocurrency shed nearly 40% of its value, with some pundits attributing the loss to the Bitcoin Cash hard fork. Monday, 26th November saw Bitcoin drop to just […]
Coinbase Launches OTC Trading for Institutional Clients
Media outlet Cheddar has reported that major US-based cryptocurrency exchange Coinbase has launched an over-the-counter (OTC) cryptocurrency trading desk. This move has been described as “opportunistic” since they were “reacting to client demand” geared towards broadening its customer base to include more institutional clients. Nevertheless, plans had been in motion since June and had only been […]
