Hackers Grab Nearly $480K From Blockchain Platform Nuls
Hackers have stolen almost $480,000 worth of NULS tokens, over $131,000 of which are now untraceable Go to Source Powered by WPeMatico
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PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed. Reactions to the announcement are varied, … Read more
Bybit CEO Ben Zhou on Crypto Derivatives and Market Predictions for 2020
12 months ago, crypto derivatives platform Bybit officially launched. The Singapore exchange, which also has offices in Hong Kong and Taiwan, has enjoyed a fruitful first year, attracting users from North America, Europe, Russia and Asia. With products including BTC, ETH, XRP and EOS perpetual contracts, and a matching engine capable of handling 100,000 tps, … Read more
Chinese Regulators Question 8 Crypto Companies in Shenzhen
Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau. Also read: Crypto … Read more
Crypto Will Eventually Replace Fiat, but How Soon and Where?
The vicious double-edged sword of the Deutsche Bank Imagine 2030 report and what it means for mass adoption Go to Source Powered by WPeMatico
Thailand Integrates Blockchain to E-Visa System for Higher Security
Five million Thailand visitors from 20 countries will soon be able to apply for Visa On Arrival using benefits of blockchain technology Go to Source Powered by WPeMatico
Alrosa, Tencent, Everledger Bring Diamonds on the Blockchain to WeChat
Russian diamond giant Alrosa, Tencent and Everledger partnered on a new blockchain-based e-commerce project for WeChat users Go to Source Powered by WPeMatico
Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank Nordlb finds itself now depending on another capital injection. None … Read more
Chinese Crypto Fitness App Reportedly Under Investigation for Fraud
Chinese regulators are reportedly investigating a crypto fitness app over suspected financial fraud and illegal fundraising Go to Source Powered by WPeMatico
Indian State of Kerala to Produce 20,000 Blockchain Specialists in 2 Years
Beijing’s sudden rush into blockchain development and digital currency hasn’t gone unnoticed. From America to Europe and back to Asia, governments have started thinking about this new racetrack in more serious terms. India has a history of tensions with China, although the countries have a lot in common as well. The two regional rivals share … Read more