Category: Blockchain

Two Chinese online brokerages reportedly intend to expand their business into the cryptocurrency trading market abroad against their rival stock competitors app, such as Robinhood in the U.S. In a CNBC’s report on Monday, two trading platforms, Shenzhen-based Futu and Beijing-based Tiger Brokers are applying for licenses in Singapore and the U.S. They allow them

Sheetz is proud to offer more payment options to its customers. The US convenience store chain announced plans to start accepting Bitcoin and other cryptocurrencies in its select stores and fuel pump stations beginning this summer. On Friday, May 28, Sheetz disclosed that it partnered with the digital payments network Flexa to add cryptocurrencies as

Bitcoin recently experienced a market crash, which saw its price slump from an all-time high (ATH) of $64.8k recorded in mid-April to lows of $30k on May 19.  Nevertheless, on-chain analyst William Clemente III noted that Bitcoin price could continue going up in the long term because 76.7% of Bitcoin is illiquid. He explained:

Yao Qian, Director of the Science and Technology Supervision Bureau of the China Securities Regulatory Commission (CSRC), revealed that Central Bank Digital Currencies (CBDCs) could run on a public blockchain or payment infrastructure such as Ethereum Facebook-backed Diem. Yao addressed his speech on Monday while attending the International Finance Forum (IFF) 2021 Spring Conference held in Beijing.

After being launched last month, the world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH last Saturday, acknowledged by Bloqport Insights. The crypto research firm explained: “The Purpose Ether ETF has now reached over 50,000 $ETH. Inflows are continuing to increase despite Ether’s recent sell-off.” Purpose Investments is a Canada-based asset

Bitcoin miners from the Chinese regions of Inner Mongolia, Sichuan, and others are beginning to sell off their mining hardware to not step into the red line of the law. According to Wu Blockchain- the Chinese journalist’s post on Twitter last Saturday, there were numbers of crypto mining gears listed for sale on the trading site Xianyu, which is

Singapore-based bank DBS Bank announced the issuance of digital bonds worth 15 million SGD (US$11.3 million) in its first security token offering (STO). DBS Bank will issue digital bonds with a maturity of 6 months and an annualized coupon rate of 0.6% through its Digital Exchange (DDEx). Unlike the traditional public bond development approach, this

US Judge Sarah Netburn of the District Court for the Southern District of New York has denied the United States Securities and Exchange Commission (SEC) request to access Ripple’s legal communications in the course of the ongoing legal tussle between both entities.  According to the denial memo, the SEC had requested the court earlier to

The Australia Tax Office (ATO) sent a message to all digital currency holders or investors last Friday to demystify the notion that their transactions are anonymous, thus, giving them the chance to avoid paying their taxes. According to a local news channel, news.com.au, the ATO described as “alarming” the failure by more than 600,000 crypto investors to

After being launched last month, the world’s first Ether Exchange Traded Fund (ETF) by Purpose Investments surpassed 50,000 ETH last Saturday, acknowledged by Bloqport Insights. The crypto research firm explained: “The Purpose Ether ETF has now reached over 50,000 $ETH. Inflows are continuing to increase despite Ether’s recent sell-off.” Purpose Investments is a Canada-based asset