New York polls crypto firms on security measures after Twitter hack
The New York Department of Financial Services found that crypto firms blocked the Twitter hackers’ crypto addresses within 40 minutes. Go to Source Powered by WPeMatico
DIGIT
$22M in Bitcoin moves from Huobi to OKEx despite withdrawal freeze
Someone is pouring Bitcoin to OKEx despite the exchange having suspended withdrawals. Go to Source Powered by WPeMatico
‘Enormous wall of money’ will send Bitcoin to $1M in 2025 — Raoul Pal
The largest cryptocurrency will “massively outperform gold” before that, says the Real Vision founder. Go to Source Powered by WPeMatico
OKEx founder reportedly under investigation as exchange suspends withdrawals
OKEx founder Star Xu was reportedly questioned by police a week ago. Go to Source Powered by WPeMatico
Top Chinese chemical firm uses blockchain to cut trade financing costs
Amid the pandemic, blockchain is alleviating the pressure in China’s petrochemical trade. Go to Source Powered by WPeMatico
Five Russian banks express interest in piloting digital ruble
The first pilots of Russia’s digital currency are expected to launch in H1 2021. Go to Source Powered by WPeMatico
Why Bitcoin price abruptly dropped 3% in 30 minutes on OKEx freeze
The price of Bitcoin dropped 3% in just 30 minutes after the major cryptocurrency exchange OKEx suspended withdrawals. Go to Source Powered by WPeMatico
Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. Cryptocurrency and Shariah Compliance Cryptocurrency adoption and investments remain low in Muslim countries as people are still unsure of … Read more
Former PwC partner to launch New Zealand ‘Power Dollar’ stablecoin
Power Finance, led by former PwC partner, plans to launch a New Zealand digital dollar stablecoin early next year. Go to Source Powered by WPeMatico
Ripple donates $10M to Mercy Corps during annual Swell conference
Ripple continues its effort to bring financial inclusion to struggling markets. Go to Source Powered by WPeMatico
