Blockchain Financial News

24.11 / 19:51

Blockchain Ethereum Twitter Digital Revisit Your Childhood Memories with NFT’s

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24.11 / 19:51

Blockchain Ethereum Digital Oracle Future ADALend on Cardano is the Future of DeFi

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24.11 / 18:25

Blockchain UPS Lowe's Outlining the changing dynamics of the Ethereum-based NFT landscape

Non-Fungible Tokens, more popularly known by their abbreviated three-lettered version – NFT(s) – have soared in popularity over the last few months. Every tangent associated with the crypto-verse comes with its own question marks, often leaving people from outside the space to go, “Umm… What’s actually happening in there?”

24.11 / 18:21

Blockchain Ethereum defi layer2 Blockchain analytics service Nansen to incorporate DeFi protocol Arbitrum

Blockchain data providerNansen has announced the upcoming integration of the Arbitrum network to enable its global users, both retail and institutional-grade, the ability to identify emerging trends in the decentralized finance (DeFi) market.

24.11 / 18:21

Blockchain Adoption regulation security Deterring adoption? Balancing security and innovation in crypto

The cryptocurrency space moves rapidly, so much so that every year, there’s a new trend: from initial coin offerings (ICOs) to nonfungible tokens (NFTs) only a few years have passed. In the face of such astounding innovation, crypto companies and regulators face a growing challenge: balancing security practices with new products and features.

24.11 / 18:07

Blockchain Provident SEC Software DeFi fraud and theft losses reach $10.5 billion in 2021

DeFI defines a flourishing alternative financial system that replaces traditional intermediaries with software running on blockchains.According to the Elliptic report, the prevalence of DeFi theft and crime is largely due to the untested and immature nature of the technology available. Mistakes in the design and development of decentralized apps are the most common cause, giving rise to bugs which hackers can exploit, accounting for $10.8 billion of all losses.

24.11 / 17:11

business Blockchain Adoption Sport NOT FC Barcelona, Man City canceled crypto deals show cash is not everything

The sports industry took a hard hit from the coronavirus pandemic. Most leagues got suspended, and then teams played without the audience for an extended period. Sports clubs started to seek out new revenue streams, and the crypto industry arrived to aid with juicy deals.

24.11 / 13:53

Blockchain UPS Ethereum Crypto Group ConstitutionDAO Plans to Refund Money and Shutdown, after Losing Auction

After failing to outbid billionaire Ken Griffin in auction for a copy of the US Constitution, the decentralized autonomous organization ConstitutionDAO is planning to shut down after refunding the money it raised.

24.11 / 13:29

Blockchain Provident Platform FCA goes to tender for cryptoassets forensics provider

The FCA has come under fire recently for its plodding approach to approving cryptoasset businesses, having assumed responsibility earlier this year for overseeing AML controls at firms operating in the UK."As the supervisor of in scope cryptoasset activity in the UK, the FCA requires access to specialist services to support the analysis of cryptoasset blockchain data," the tender offfer states.

24.11 / 12:17

Blockchain Adoption Bitcoin Crypto prices in India tumble after crypto bill announced

Regulatory discussions in India around a crypto ban caused panic selling on major crypto exchange WazirX, resulting in massive price drop on leading cryptocurrencies including Bitcoin (BTC) and Ether (ETH).

24.11 / 11:07

Blockchain cryptocurrency Digital Cryptocurrency Bill NOT New Crypto Bill Draft Brings Regulation, Not Ban: Sources

The Supreme Court had lifted the cryptocurrency ban in 2020.

24.11 / 00:47

Government Blockchain Adoption ASIC Chair Longo calls the growing demand for crypto ‘impossible to ignore’

Joe Longo, chair of the Australian Securities and Investments Commission, or ASIC, spoke at the Australian Financial Review Super and Wealth Summit on Nov 22 at the Fullerton Hotel in Sydney.

24.11 / 00:44

business Blockchain Adoption Cardano regulatory eToro to delist Cardano by 2022 for US users due to regulatory concerns

In a statement released to customers on Tuesday, Israeli cryptocurrency exchange eToro announced it would delist Cardano (ADA) and Tro (TRX) for U.S. customers by the end of the year.

24.11 / 00:44

Government Blockchain Taxes Financial South Korea financial authority rules that NFTs are taxable

South Korea’s Financial Services Commission, or FSC, announced Tuesday that nonfungible tokens, or NFTs, will be taxed starting next year. According to The Korea Herald, this tax law amendment would impose a 20% tax on income from virtual assets that exceed 2.5 million won ($2,102) as of Jan. 1, 2022.

23.11 / 23:37

Blockchain Ethereum BitMEX Bitcoin Bitcoin Blockchain Why comparing Ethereum, Bitcoin blockchain size is ‘not always particularly relevant’

Following a Twitter discussion on the differences in blockchain size of Bitcoin and Ethereum, BitMEX has released research touching upon those points.

23.11 / 23:37

Blockchain Ethereum Bitcoin Ethereum co-founder thinks this asset is ‘where it should be’ today

Ethereum co-founder Anthony Di Iorio applauded the blockchain’s progress in a recent interview, reiterating that “it is where it should be.”

23.11 / 23:07

Blockchain Ethereum defi DApp Defi Security How to enhance DeFi security

Creating a cryptocurrency from scratch isn’t easy. It requires extensive knowledge of various programming languages and knowledge of blockchain use cases, among other things. Instead of going through that effort, those newer to the crypto space wanting to build their own project tend toward tokens.

23.11 / 22:55

business Blockchain Adoption CBOE Future Bank of England sees CBDCs as a revolution for the future of money

In an event streamed live on Wednesday, Bank of England governor Andrew Bailey and deputy governor for financial stability Sir Jon Cunliffe answered questions from lawmakers from the Economic Affairs Committee. When asked about the growth of innovation surrounding digital currencies in the country, Sir Cunliffe gave the following comment:

23.11 / 21:21

Blockchain Binance Action Bitcoin Binance Smart Chain’s record-breaking maneuvers can have this effect on Binane Coin

At press time, most of the top ten altcoins seemed to be in a tight spot with Bitcoin falling below the $57K mark. Nonetheless, as the bullish market momentum paused for the top coins, some alts (like AVAX and CRO) stole the show with their price action. But there were others like Binance Coin (BNB) that did the same with their network growth.

23.11 / 20:51

business Blockchain Technology Adoption Regal to partner with Flexa to enable digital currency payments in theatres

On Tuesday morning, Regal, a movie operator of more than 500 locations and 7,000 screens in 42 states plus D.C., announced it would be partnering with digital payment network Flexa to enable its customers to pay with crypto for movie tickets, food, and beverage.

23.11 / 20:51

Blockchain Technology defi How Solana and Cardano are paving new avenues for NFT growth

The term “digital ownership” has only recently come to mean anything. While nonfungible tokens (NFTs) have been around for some time now, it's in the last year or two that they've caught the attention of mainstream media. The third quarter of 2021 alone saw over $10 billion in NFT trade volume across blockchains, a substantial increase from Q2's $1.2 billion.

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