China Plans to Verify Identities of its 1.4 Billion Residents Through Blockchain-Based Platform
12.12.2023
Image Source: Pexels China has unveiled plans to use blockchain technology for the verification of real-name identities of its vast population of 1.4 billion people. The announcement came from the Blockchain-based Service Network (BSN), China’s national-level blockchain initiative, according...
Will BTC hit $1 million in 2024? Bitcoin future breakdown
12.12.2023
Bitcoin is back from slumber, and it now means business. That is, there has to be a rise in the valuation of its token, no matter how high it goes. BTC is trading at $41,644.83 at the time of articulating this piece. Speculation around two crucial aspects, namely Spot Bitcoin ETF and Bitcoin...
Enis Bushati to Lead NIZA: Pioneering the Financial and Cryptocurrency Convergence
12.12.2023
Announcement of a momentous financial technology advancement under the direction of Enis Bushati. NIZA, a progressive and forward-thinking initiative, is positioned to revolutionise the financial sector by integrating conventional banking and cryptocurrency services onto a single platform....
Taiwan’s FSC Sets Up Financial Technology Bureau to Oversee Crypto: Report
12.12.2023
Source: Pixabay Taiwan’s Financial Supervisory Commission (FSC) has set up a Financial Technology Bureau to oversee cryptocurrencies to protect investors and increase regulation, according to a Taiwanese news report by United Daily News (UDN). FSC chairman Huang Tian has confirmed the Executive...
Public Crypto Mining Firms Dropped Double Digits After Bitcoin’s Largest Decline in Four Months
12.12.2023
Source: Adobe/artiemedvedev Crypto mining firms have seen double-digit drops after Bitcoin (BTC) experienced its most significant decline in nearly four months. Over the weekend, the value of Bitcoin plummeted to as low as $40,000 after reaching a high above $43,900, causing a ripple effect across...
Bitcoin Price Prediction: Market Reacts to FOMC Meeting, El Salvador Bond & Google’s New Ad Policy
12.12.2023
In the dynamic world of cryptocurrency, Bitcoin (BTC) is experiencing subtle yet noticeable fluctuations, trading at $41,457 with over 0.50% rise as of Tuesday. Market sentiments are heavily influenced by key economic events and policy changes. As the Federal Open Market Committee (FOMC) meeting...
Crypto Exchange Bitget Records 20% Surge in New Users with 89% Buying Bitcoin in December
12.12.2023
Source: Pexels In the opening week of December, crypto exchange Bitget witnessed a significant surge in new user registrations, surpassing the entire count for December of the previous year by 20%. In a press release shared with CryptoNews, the crypto exchange revealed that 89% of these new users...
Horizen Labs, Offchain Labs, and the Arbitrum Foundation Propose Apechain Powered by Arbitrum
12.12.2023
A collaboration between Horizen Labs, Offchain Labs, and the Arbitrum Foundation aims to bolster the apecoin (APE) ecosystem through the development of a dedicated blockchain, Apechain. Envisioned to leverage Arbitrum technology and governed by Apecoin DAO, the teams believe this initiative...
El Salvador’s Bitcoin Bonds Get Regulatory Approval, Launch Set for Early 2024
12.12.2023
Source: RawBeautyPixels/Adobe El Salvador’s highly anticipated Bitcoin (BTC) bonds, also known as “Volcano Bonds,” have received the regulatory approval for an early 2024 issuance. The bonds are expected to be offered on Bitfinex Securities, a regulated division of the popular...
China to Verify Citizens' Identities With New Blockchain-Based Platform
12.12.2023
The announcement follows a government rule change to require social media influencers to display their real names
Missed the latest Solana (SOL) pump? Then buy this DeFi token to make 5x more profits
12.12.2023
The world of cryptocurrency is an ever-evolving landscape, characterized by its volatility and the rapid rise of new projects that promise great potential. Recently, all eyes were on Solana (SOL), as it embarked on another bullish journey, reaching a new yearly high. For those who might have missed...
Trial of ‘Art-themed Altcoin Fraudster’ Underway in South Korea
12.12.2023
Source: icedmocha/Adobe The trial of a suspected crypto fraudster who allegedly told victims they were investing in an art-themed altcoin and NFTs has begun at court in Gwangju, South Korea. According to Munhwa Ilbo, prosecutors say an individual surnamed Tak, aged 44, “defrauded” 13 “victims”...