It’s Time for South Korea to Embrace Cryptocurrencies, Says KRX Chief
At the stage of the 2021 Global ETP Conference, Sohn Byung-doo stated that the digital asset industry is not very different from capital markets. The exec emphasized the need for…
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Bitcoin Miner Riot Blockchain Purchased ESS Metron for $50 Million
One of the leading cryptocurrency mining companies in the US – Riot Blockchain – acquired the electrical equipment provider – Ferrie Franzmann Industries (known as ESS Metron) for $50 million.…
Binance Smart Chain Activates Real Time BNB Burning Mechanism
Binance Smart Chain (BSC) recently activated BEP-95, which integrates a real-time burning mechanism into its tokenomic structure. From now on, a fixed ratio of gas fees collected by BSC validators…
Ex-Chancellor: Crypto Could Give London an Advantage Over European Competitors
According to the British politician who served as Chancellor of the Exchequer from 2016 to 2019 – Philip Hammond – digital assets could ease the post-Brexit financial disruption, which the…
BadgerDAO Hacked: $10 Million Allegedly Stolen
Badger DAO, a protocol allowing users to use bitcoin as collateral across other DeFi projects, has been allegedly exploited. Early estimations show that the amount stolen is around $10 million.…
Square Rebrands to Block, Expands Focus on Blockchain Industry
On Dec. 2, Square announced that it is changing the company name so it can give the “full Square brand” to its Seller business. The Seller division provides an integrated…
Bank of America: The Metaverse Is a Massive Opportunity for The Crypto Industry
Haim Israel – a strategist at Bank of America – believes the metaverse will create huge opportunities for blockchain technology. It will also cause digital assets to start being employed…
Vladimir Putin: The Risks Related to Cryptocurrencies Are Very High (Report)
The President of the Russian Federation – Vladimir Putin – believes bitcoin and the alternative coins bear high risks for investors. However, he predicted that the asset class might play…
Meta Expands Avenues For Running Crypto Ads On Facebook
Meta – formerly Facebook – said they will be expanding crypto ad eligibility on their platform, by increasing the number of regulatory licenses they accept. Formerly limited to 3, the…
PlanB’s Floor Model First Miss: Bitcoin Price Closed Way Below $98K In November
Bitcoin’s closing price for November below $60,000 meant that PlanB’s floor model, which was particularly accurate until now, was finally broken. At the same time, though, the analyst confirmed that…