LedgerX, one of the FTX assets that were court-approved for sale in January, has been acquired by the Miami International Securities Exchange (MIAX), operated by Miami International Holdings (MIH). U.S. government agencies oversee LedgerX since it is an exchange and clearinghouse. In a statement, MIH CEO Thomas Gallagher said that
May 20, 2023 1 min read
Governor Ridwan Kamil of the Indonesian province of West Java spoke about his support for Bitcoin in a recent fireside chat dubbed “The Indonesia Bitcoin Mining Campaign.” While stressing Indonesia’s attempts to adopt this digital asset, Governor Kamil gave a favorable assessment of the flagship cryptocurrency. Specifically, plans are in
May 20, 2023 1 min read
The bail clearance of prominent crypto entrepreneur Do Kwon and his colleague Han Chang-Joon has reportedly been challenged. This has been done at the basic court of Montenegro by the local prosecution team. Kwon’s legal team successfully petitioned the court for bail in the amount of almost 400k Euros (437k
May 19, 2023 1 min read
Coinbase, a leading cryptocurrency exchange located in the United States, has launched a zero trading fee program, among other measures, only hours after Binance revived its zero charge trading program for Auto Invest customers. The cryptocurrency exchange Coinbase has been teasing a significant surprise for this Friday with countdown postings.
May 19, 2023 1 min read
There has been a long-standing demand for change in the real estate transaction industry. Buying and selling real estate the old-fashioned way may be a time-consuming and costly ordeal. Now there’s a decentralized marketplace for buying and selling real estate on the Bitgert chain called Bitgert Geo Web3 Real Estate
May 18, 2023 2 mins read
The open-source Hedera proof-of-stake public network’s governing council today announced the addition of COFRA as a new member. Thus bringing the total number of councils to 30 members. COFRA is a family firm that has been around for 182 years. And now employs more than 60,000 people all across the
May 18, 2023 1 min read
Since the SEC denied the need for clarification on crypto regulations in a court filing on Monday, the cryptocurrency exchange Coinbase has shifted its focus to Singapore. Due to the ambiguity of cryptocurrency laws in the United States, Coinbase CEO Brian Armstrong is contemplating relocating the company’s headquarters to the
May 17, 2023 1 min read
For retail investors, unbacked cryptocurrencies like Bitcoin (BTC) should be considered as gambling, according to a new recommendation by a UK regulatory group. The Treasury Select Committee, a cross-party committee made up of members of Parliament, “strongly recommended” this approach for the trading of digital assets in a report released
May 17, 2023 2 mins read
On August 2, 2023, at block 2,520,000, Litecoin will undergo its third halving. However, changes in the network’s hash rate may need a new target date. The goal of this halving is to slow the rate of inflation and promote a more steady development of the cryptocurrency by lowering the
May 16, 2023 3 mins read
Messari, a market intelligence organization, has released research indicating that the use of the Tron blockchain increased in Q1 of 2023. The total value of its native cryptocurrency, TRX, increased by over 20% quarter over quarter. In spite of the SEC’s announcement of many lawsuits targeting Tron ecosystem coins, the
May 15, 2023 1 min read