Category: Blockchain

This year, Invest Hong Kong (InvestHK)’s StartmeupHK Festival will run from 24-28 May.  Organised by Invest Hong Kong (InvestHK) under its StartmeupHK initiative and guided by this year’s theme “Welcome to a Future Unlimited,” the Festival’s schedule will revolve around 14 main events that will unlock business opportunities for startups on an international level, with

Bitcoin (BTC) recently nosedived to lows of $48.5K, but it has regained its momentum to trade at $57,882 at the time of writing, according to CoinMarketCap. Yann & Jan, the co-founders of on-chain metrics provider Glassnode, have noted that this price drop was triggered by new entrants in the Bitcoin market. They said: “Haven’t

Ever since Bitcoin (BTC) breached the previous record of $20,000 in December 2020, more institutional investors have given the top cryptocurrency a keen eye as it continues to scale new heights. BTC recently set a new all-time high (ATH) above $64,500, given that it has been on a record-breaking trend throughout this year. BlockData has

Nasdaq-listed cryptocurrency exchange, Coinbase Global Inc has revealed its plans to close its San Francisco headquarters in 2022. Taking to its official Twitter handle, the company said its decision is based on the idea to push forth the no-headquarter option in its operations, a move that will further stress its decentralization aspirations. As prevalent for

1inch, a decentralized exchange (DEX) aggregator, announced today that 1inch Network will aggregate liquidity of MDEX on Binance Smart Chain (BSC). 1inch is a type of liquidity protocol specialized in providing customers with the most favourable and most convenient transaction route by automatically aggregating offers from various decentralized exchanges. MDEX is committed to building a Decentralized Finance

Mercadolibre, a Latin American e-commerce giant, revealed that it added cryptocurrency to its balance sheet, scooping up $7.8 million worth of Bitcoin. Besides that, the stock listed company announced that it has also accepted Bitcoin as a payment method. Consumers now can pay in Bitcoin for purchases of goods and services bought via the American

Kraken users who might have failed to comply with their tax obligations may no longer have a hiding place. This is because a Federal Court in the Northern District of California has given the United States Internal Revenue Service (IRS) the authorization to serve a John Doe summons on Kraken and its parent company, Payward

The lawsuit between the Securities and Exchange Commission (SEC) and Ripple continues to unfold. In the latest twist of events, the Securities and Exchange Commission has appealed to the court denying that it has any documents in its possessions pertaining to Bitcoin, Ethereum, and Ripple (XRP). Previously, Ripple firm was granted partial access by the

Dogecoin (DOGE), the meme-based cryptocurrency, seems to have entered mainstream finance with ease, being the latest “hot coin” amid the crypto frenzy.  Dogecoin has emerged as the best performing cryptocurrency, with a year-to-date (YTD) return of 13112.24%, from $0.0049 to $0.6474. According to Coinmarketcap, the meme coin overtook Ripple to become the fourth-largest cryptocurrency with a market

The National Bank of Georgia is considering launching its own Central Bank Digital Currency (CBDC).  The regulator has invited interested financial institutions, fintech firms, and technology companies in the private sector to partner with it to build the CBDC project dubbed “Digital GEL.” The aim of the project is just the same as other CBDC