FSC Regulatory Overhaul Expected to Shut Down 40 Crypto Exchanges in South Korea
14.9.2021
A new regulatory overhaul could put 40 out of 60 exchanges out of business in South Korea after the firms are expected to fail to meet the conditions that are being proposed by the Financial Services Commission (FSC). This action might also affect holders of locally used “kimchi”...
EY selects Polygon to scale its enterprise blockchain products on Ethereum
14.9.2021
EY is integrating its blockchain products with Polygon to mitigate the high fees and congestion associated with transacting on Ethereum mainnet for its enterprise clients
Bukele Promises to Fix Chivo Bitcoin App Bugs, Says it Has 0.5m Users
14.9.2021
series of Twitter posts, Bukele claimed variously that a number of technical-related problems had been “95% addressed,” adding that remaining issues would be ironed out “in the next fe
FUFU Raises $1.7m From Major Investors to Develop the Next Generation Content Marketing Platform
14.9.2021
UwUFUFU.com, a content marketing platform, has successfully raised $1.7 million USD from early investors. Adopting the play-to-earn mechanism in the form of viral quizzes, anyone can create, play, share quizzes and earn NFTs through FUFU’s reward system. NFTs on FUFU function as...
Ethereum Foundation backs Spruce’s vision for decentralized identity verification
14.9.2021
Spruce hopes its Ethereum-powered sign-in system can offer a decentralized alternative to the data-harvesting identity services offered by tech giants
SEC takes action against Chinese billionaire's companies over $500M offerings
14.9.2021
The SEC has taken action against three companies owned by Chinese Billionaire Guo Wengui for commingling the proceeds from two unregistered securities offerings
Shark Tank Star Kevin O’Leary Expects a ‘Trillion Dollars’ Flowing Into Bitcoin
14.9.2021
Shark Tank star Kevin O’Leary, aka Mr. Wonderful, expects a “trillion dollars” more to flow into bitcoin in the next couple of years. He also sees cryptocurrencies becoming an institutional asset class. “We don’t know when but it is definitely going to come....
Bitcoin miner Greenidge set for Nasdaq listing through merger
14.9.2021
The merger is expected to push through as of market close on Sept. 14, with Greenidge slated to begin trading on the NASDAQ the following day
Bitcoin and Ethereum Eye Recovery, Altcoins Stable
14.9.2021
uld eye a short-term recovery. ETH tested USD 3,150 and it is now trading above USD 3,300. XRP must clear USD 3,400 to start a steady recovery wave. ADA is facing resistance near USD 2.50 and USD 2.55
Institutional traders flock to Solana as demand for ETH and BTC flattens
14.9.2021
Institutions were betting big on Solana investment products last week, with SOL-tracking products attracting 86.6% of institutional inflows to digital asset products last week
Singapore’s Largest Bank DBS Sees Rapid Growth in Crypto Business, Robust Demand From Investors
14.9.2021
DBS Group Holdings, the largest bank in Singapore and Southeast Asia, says its crypto business is “growing very rapidly.” The bank’s digital asset trading platform expects to double the number of members by year-end. Singapore’s DBS Expects Substantial Growth in Crypto...
Cardano Successfully Applies Alonzo Hard Fork; Adds Smart Contract Capabilities to Its Blockchain
14.9.2021
Cardano, the third cryptocurrency ranked by market cap, has successfully applied the “Alonzo” hard fork, adding smart contract capabilities to its functionality. The update, that had been deployed in testnet days ago, finally was incorporated in mainnet yesterday. Cardano is...