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Blockchain
Chinese Media Criticizes OKEx for Illegal Advertisements as Bitcoin Surges Above $30K
On June 27th, the Chinese media outlet Beijing Business Daily published an article titled "Bitcoin's Soaring Market Triggers Illegal Speculation Activities, OKX Resorts to 'Indirect' Marketing."
Beijing Business Daily reporters noticed a…
BIS builds out “game-changing” blueprint for the future monetary and financial system
The Bank for International Settlements (BIS) is set to redefine the global financial landscape with its newly released blueprint for a futuristic monetary system. Harnessing programmable central bank money, this novel infrastructure aims…
TrueUSD (TUSD) Strives to Resume Minting with Prime Trust
In recent updates, the TrueUSD (TUSD) team has announced that they are actively engaged in efforts to resume TUSD minting on Prime Trust. This announcement was made following an unexpected pause in TUSD minting via Prime Trust, an event…
Coinbase Faces $5M Penalty from New Jersey Securities Bureau and SEC Charges, Stock Tumbles 20%
The New Jersey Bureau of Securities has issued a Summary Cease and Desist Order against leading cryptocurrency exchange Coinbase, Inc. for allegedly offering unregistered securities tied to its cryptocurrency staking services. The Bureau…
Crypto Exchange bitFlyer Implements Travel Rule for Crypto Asset Transfers
BitFlyer, a leading Japanese crypto asset exchange operator, announced the implementation of new regulations known as the travel rule, aimed at preventing criminal activities and enhancing security in the crypto industry. The company made…
IOSCO Releases Landmark Policy Recommendations for Crypto and Digital Asset Markets
The International Organization of Securities Commissions (IOSCO), a leading international body of securities regulators, recently published an influential report titled 'Policy Recommendations for Crypto and Digital Asset Markets…
Paxful Unfreezes Majority of Accounts
Paxful, the peer-to-peer cryptocurrency marketplace, has announced that it has unfrozen 88% of the user accounts that were previously frozen, following the suspension of its operations. The remaining $4.4 million in frozen funds is…
CleanSpark Buys 45,000 Bitmain Antminer S19 XPs for $144.9 Million
CleanSpark, a crypto miner, has announced the purchase of 45,000 Bitmain Antminer S19 XPs for $144.9 million, which will nearly double its current computing power. This is the latest in a series of acquisitions of distressed assets by the…
Blockchain-Powered Satellite Contributes to Ethereum Scaling
The Ethereum KZG ceremony is receiving a contributor from outer space as Cryptosat, a blockchain-powered satellite orbiting Earth, has contributed entropy to the Ethereum scaling effort. The satellite's Verifiable Random Beacon service…
Bitcoin Hash Rate Spikes to All-Time Highs
Bitcoin has been making headlines lately, as its price continues to rise, and the hash rate of the network has reached all-time highs. According to data aggregator YCharts, Bitcoin's network hash rate hit 398 terahashes per second (TH/s)…