Singapore’s central bank offers cash prizes for digital currency ideas
The Monetary Authority of Singapore is seeking new retail CBDC solutions with a new global challenge offering cash prizes and...
Year: 2021
Polygon announces scalable data availability infrastructure Avail
The Polygon team is set to launch a data availability solution for sidechains and layer-two protocols. Ethereum (ETH) scalability infrastructure...
Internet Computer (ICP) logs revenge recovery after crashing 95% since launch
The long-awaited rebound came as the community accused the Internet Computer team of dumping $6 billion worth of ICP tokens.
Polygon-Based Defi Stablecoin Safedollar Plunges to Zero — Team Is Investigating Exploit
The algorithmic decentralized finance (defi) stablecoin safedollar (SDO) has been attacked, according to statements published on its Telegram channel. The...
As Bitcoin’s Yearly Inflation Rate Dips to 1.77%, BEA Data From May Shows US Inflation Fears Are Legitimate
The U.S. economy is looking stagnant according to data stemming from the Bureau of Economic Analysis, as core personal consumption...
PORT Network: DApp to Harness Sustainable Processing Power for Both Cloud and Volunteer Computing
PRESS RELEASE. With an ever-increasing demand for computing power, PORT Network launches the first dApp to merge both Cloud and...
Korean Banks to Be Relieved of Liability for Crypto-Related Crime, Report Suggests
Banking institutions in South Korea have reportedly requested to not be held accountable for crimes linked to cryptocurrencies such as...
Iron Finance bank run stings investors — A lesson for all stablecoins?
The Iron Finance stablecoin fiasco caused cries for regulation and shed light on the importance of complete collateralization. The cryptoverse...
Iranian trade ministry issues 30 crypto mining licenses
Tehran province, which houses the country’s capital, was awarded only one license for operating a crypto mining center. Iran’s Ministry...
Crypto exchanges could sue Korean gov’t for ‘passing the buck‘ to banks
With many crypto exchanges in South Korea now on a precipice as a new regulatory framework kicks in, some are...
Huobi bans crypto derivatives trading for users in China
Chinese users will no longer be able to trade crypto derivatives on the Huobi exchange amid a broader cryptocurrency crackdown...
Operator of China’s first Bitcoin exchange reportedly exits crypto
BTCChina has reportedly sold its stake in the Singapore-registered Bitcoin exchange ZG.com. BTCChina, the operator of China’s oldest Bitcoin (BTC)...
Demand for digital euro not yet clear, says BBVA exec
The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation...
Bitcoin short-term setup is challenging, JPMorgan strategists warn
Bitcoin and the crypto market are at the beginning of a healing process, JPMorgan analysts say in a note. Bitcoin’s...
Biggest ever mining difficulty drop: 5 things to watch in Bitcoin this week
Bitcoin network fundamentals reflect the mass mining migration underway this month, but BTC price action still makes gains. Bitcoin (BTC)...
