Category: Blockchain

The Hong Kong Securities and Futures Commission (SFC) has issued a warning to the public in relation to market arrangements that woos investors dubbed Collective Investment Schemes (CIS). According to the commission, these investment schemes ranges from real estate or non-conventional assets and offerings such as digital tokens and Initial Coin Offerings (ICO), whether they

Crypto asset custodian Hex trust announced Tuesday has obtained a license from the Singapore regulator- the Monetary Authority of Singapore (MAS), according to a Bloomberg report. Under the Securities and Futures Act in Singapore, the Capital Markets Services license will allow Hex Trust to provide custodial services. At least one senior officer will relocate to

The first cryptocurrency ATM has been opened in Honduras. TGU Consulting Group, a firm based in Honduras, has installed the first Bitcoin ATM in an office tower in Tegucigalpa, the city and capital of the Republic of Honduras. The crypto ATM, locally dubbed as “la bitcoinera,” allows users to buy Bitcoin and Ethereum using “Honduran

India has announced that it is ready to begin testing its electronic rupee towards the end of 2021.  The governor of India’s central bank, Shaktikanta Das, disclosed that in an interview with CNBC media outlets. Das told CNBC that the Reserve Bank of India (RBI) is at least well placed to start pilot programs for

Binance exchange officially announced Sunday that the company hired former DigitalX CEO and director Leigh Travers as the CEO of Binance Australia. Binance Australia appreciated that Mr. Travers has deep expertise and background in the blockchain industry. He served on the board of directors of Blockchain Australia, an Australian blockchain industry organisation, before serving as the

Decentralised Non-Fungible Token (NFT) marketplace, OpenSea is on the lookout for new engineers as it looks to relieve its current staffers from the overwhelming tasks of managing the marketplace’s trading volume. As revealed by Nate Chastain, the Head of Product at OpenSea, only about 37 people are handling over 98% of all trading volumes on

The Ethereum network has suffered a chain split as some validators were running operations on the older versions of the Ethereum network. Client Geth were cut off from the main network. This occurrence of the incident as validators cut off refused to update their software to suppress the impact of a bug in the network.

Jack Dorsey, CEO of American financial services and digital payments company Square, revealed on Twitter last Friday that the new TBD division of Square has decided on the direction to create a decentralized exchange for Bitcoin. Mike Brock, who is responsible for this project, said that it took the entire team several weeks to decide the

Bitcoin’s hashrate has been on the right footing because it has more than doubled, as disclosed by research analyst Nick Mancini.  In July, the hashrate plummeted by 50% amid intensified crypto mining crackdowns by Chinese authorities.  The hashrate is used to measure the processing power of the BTC network. It allows computers to process and

Cuba has announced that it will recognize and regulate cryptocurrencies for payments, saying that socioeconomic interest has spurred its decision. Cuba’s Central Bank recently published a resolution in the state-run official Gazette, stating that it will set new regulations for dealing with cryptocurrencies. The central bank said that business providers of related services would need