Thu, April 2

Financial Banking Giant HSBC Forays Into Crypto and Web3

One of the leading banks, HSBC, has recently advertised several high-level roles in the cryptocurrency sector. Suggesting that it may soon join the burgeoning digital asset sector. Recent job postings indicate that the industry’s dominant financial institution is actively seeking to hire a Product Director with responsibility for managing “tokenization”

February 1, 2023 1 min read

Meme Themed NFTs on Bitcoin Network by Ordinals Protocol

A new technique known as “Ordinals” is making waves in the Bitcoin ‘BTC’ community. The idea enables non-fungible tokens (NFTs) to transact directly on the Bitcoin blockchain. The consequences triggered a divide between Bitcoin sophists and others who believe the network is wide and diverse enough to support a variety

January 31, 2023 2 mins read

Elon Musk Desires Twitter’s Payments System to Support Crypto

Elon Musk, the CEO of Twitter, is reported to have given his developers directions to develop the platform’s payment system in a manner that will allow for the addition of crypto capabilities in the future. The system, which will enable payments over the social media platform, to “first and mainly”

January 31, 2023 2 mins read

Kazakhstan Receives Parliament Nod For Adopting Crypto Legislation

A law to establish guidelines for the use of cryptocurrencies and other similar activities in Kazakhstan has been approved by the upper house of parliament in the country. Local media have claimed that the new legislation “On Digital Assets in the Republic of Kazakhstan” together with other legislative papers pave

January 30, 2023 1 min read

Tron Founder Justin Sun Confident of China Embracing Crypto Sector

After a crackdown on cryptocurrency trading and mining in the middle of 2021, Tron founder Justin Sun claimed Monday that China is plotting a return to the sector. With the introduction of a tax on crypto transactions, China has taken a major step toward cryptocurrency regulation. Justin Sun is unwavering

January 30, 2023 2 mins read

Philippines SEC Proposes Legislation For More Control Over Crypto Sector

In a new set of proposed regulations, the Philippines Securities and Exchange Commission (SEC) aims to expand its purview to include virtual currencies and to increase its control over the country’s crypto space. Local media source Manila Bulletin reported on January 25 that the securities regulator has proposed drafting regulations.

January 30, 2023 1 min read

EU Members Back Bill Addressing Banks Capital Holding in Regards to Crypto

A plan to impose the most recent global bank capital regulations was approved Tuesday. By the European Parliament’s Committee on Economic and Monetary Affairs (ECON). According to a Reuters report, the Legislators have also inserted measures addressing dangers associated with crypto assets. Moreover, the basic guidelines were devised by the

January 30, 2023 1 min read

Bitcoin (BTC) Mining Difficulty Has Gained New All Time High

Bitcoin (BTC) price increase has brought jouissance to all sectors of crypto market players. The BTC miners are employing a huge amount of hashing power to mine a block. In the last 24 hrs, the BTC difficulty is 39,350,942,467,773 at the height of 774,286. On the 29th of Jan, 2023,

January 30, 2023 2 mins read

Bitcoin (BTC) Surpassed Fear and Enter Into Greed Index

Bitcoin (BTC) has begun the year on a positive note, entering the green candle march and trading bullish from the start, overcoming previous bears. BTC is frequently regarded as an alternative investment, and its price can be quite volatile. Despite this, many people and institutions have invested in it as

January 30, 2023 2 mins read

Insolvent Core Scientific Files Petition For Selling $6.6M Bitmain Coupons

As shown by court documents, on January 25th, insolvent Bitcoin mining company Core Scientific filed an emergency petition in an attempt to sell $6.6 million in Bitmain coupons. According to the filing, the vouchers are essentially worthless to Core Scientific because of the constraints placed on them. These vouchers are

January 29, 2023 1 min read
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