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Blockchain
South Korea’s Digital Won Project Sees First Trial Stage Completed
In a press release issued on Monday, the Bank of Korea (BOK) said that it has completed the first stage of its Central Bank Digital Currency (CBDC) or Digital Won trials.
Many central banks worldwide are reconsidering the use of fiat…
Crypto Exchange Bitfinex to Stop Serving Ontario Crypto Investors
Hong Kong-based cryptocurrency exchange Bitfinex announced it would be leaving the Ontario market, Canada's most populous, reminding users that should withdraw all their capital on or before March 1.
In the official announcement, accounts…
Public Will Not Confuse Name With H&R Block, Says Block
Block Inc, formerly known as Square, has made a formal argument at a Missouri federal court stating that its new name won't confuse potential customers with tax-preparation giant H&R Block who has filed a trademark infringement lawsuit…
Decentralized Information Markets Platform Polymarket to Pay Civil Fine of $1.4M, Violating…
The decentralized information markets platform Polymarket was imposed a civil fine of $1.4 million Monday by the United States Commodity Futures Trading Commission (CTFC) due to a failure to obtain a designated contract market (DCM)…
Where’s the Crypto Market Heading as We Near 2022? Top Most Promising GameFi Tokens
Crypto investors who pinned their faith on the prediction that Bitcoin would soar to $100,000 by the year-end now have to reconcile themselves to the reality that there won't be a Santa Claus rally before the year is out. After it went…
Cryptocurrency Firms Starting to See Singapore as Unhospitable, Nikkei Says
Cryptocurrency companies that were attracted to Singapore for their crypto-friendly stance have begun to realise the difficulty of legally operating in the city-state, Nikkei Asia reported.
According to figures released by Singaporean…
PayStand Adds Cryptocurrency to Its Balance Sheet
Last Friday, December 10, PayStand, a cloud-based payment platform for B2B companies, announced that it has been buying Bitcoin and Ether on its balance sheet.
Such action by the PayStand firm marks a significant milestone for B2B SaaS…
US Senator Questions Bitcoin Mining Firm on Environmental Impact
US Senator Elizabeth Warren questioned bitcoin mining firm Greenidge Generation Holdings about the impact of its operations on power prices, climate change and the local area as part of her efforts to tackle the negative consequences of…
Bank of Tanzania Preparing for the Launch of CBDC
The Bank of Tanzania is exploring ways to introduce a Central Bank Digital Currency (CBDC) on its monetary system to enhance the domestic payment system. That is according to Bloomberg media outlets.
Speaking at the 20th Conference of…
Foundry Ranks as the 2nd Largest BTC Mining Pool Globally
Foundry, an American-based crypto mining pool has climbed up the rankings and is now the second-largest Bitcoin mining pool after AntPool.
Foundry's rise to the top spot was seen after the Digital Currency Group-owned outfit staked up as…