Category: Blockchain

Hong Kong Customs announced Thursday that the authority had dismantled a local cryptocurrency money-laundering syndicate involving HK$1.2 billion ($US 155 million). According to multiple local media sources, the operation is considered the first case for the same kind in the city. The law enforcement unit indicated that suspects opened various local bank accounts with shell

Crazy Horse 3, a sizeable adult strip club in Las Vegas, has announced the acceptance of bitcoin as a payment method, aiming to provide customers with a faster, more convenient, and more private way. According to the recent statement released from Crazy Horse 3, the entertainment venue with various honours such as “Best Strip Club in Las

New research conducted by the Cambridge Centre for Alternative Finance (CCAF) shows that Bitcoin mining in China has already nosediving even before the government started cracking the whip on crypto mining in May.  China’s Bitcoin mining dominance slumps According to coverage from BBC, citing a study by the CCAF. The announcement stated: “China’s share

Ethereum (ETH) was up by 1.52% in the last 24 hours to hit $1,972 during intraday trading, according to CoinMarketCap. This renewed momentum is propelling ETH miner balances on the road to recovery, as acknowledged by Santiment. The on-chain metrics provider explained: “Miner balances for Ethereum have been rising steadily for the past month

Football start-up NFT platform Sorare reportedly will raise 450 million euros (approximately $532 million US dollars) in the financing, led by SoftBank. The Paris-based digital football NFT trading platform Sorare is expected to be valued at more than $4 billion once completing this round of large-scale financing. The platform will become the seventeenth unicorn technology company

China’s well-known cryptocurrency advisory platform, Bi Shi Jie, reportedly suspends its APP and website operations, effective immediately, according to local media coverages. Reportedly, the company’s downloads linkage access to its official website-“Bi Shi Jie.com”, and the mobile app on the Apple Store has lost its function. No official announcement related to the suspension so far. Users can still

Paraguayan lawmaker Carlitos Rejala has drafted and ready to propose the new bitcoin bill to congress, according to TheStreet Crypto report. After the leakage of the Bitcoin bill draft disclosed to the public Tuesday, Paraguayan congressmen Carlitos Rejala and his companion’s politicians have created the bill and ready to propose to the congress for regulating Bitcoin

In an interview with CNBC Wednesday, Larry Fink, the BlackRock investment asset management company CEO, said he sees low demand for crypto tokens. Fink, who in the past stated that digital assets could become a great asset class, admits that he is not seeing a huge demand for cryptocurrencies among long-term investors. The administrator stated that

Paraguay is expected to be another country worldwide to propose Bitcoin law after El Salvador, Bitcoin as Fiat Money. The incoming bill is expected to introduce on Wednesday local time, which would request registration of cryptocurrencies under the Under-secretariat of State of Taxation (SET), according to Decrypt, a report Tuesday, citing a leaked draft copy

21Shares, a well-known cryptocurrency ETP issuer, announced a partnership with the German online financial services bank Comdirect to diversify the option of cryptocurrency ETPs to customer savings accounts. According to the official report on July 13 by 21Shares, this plan will immediately take effect, and 21Shares has become the exclusive provider of encrypted ETPs reserved