Crypto Exchanges in Hong Kong will allow services to only professional investors. FSTB has been consulting on proposed changes to the current “opt in” system. Investors must hold portfolios worth HK $8M to qualify for professional investor status. Hong Kong-based crypto exchanges have to obtain licenses from the territory’s markets
Bitcoin Mining in Iran may reach over $1 billion in revenue Iran currently holds accounts for 4.5% of Bitcoin mining. Iran-based miners paid directly in Bitcoin. The regulated mining activities in Iran maybe reach more than $ 1billion in revenues. This may help the country elude economic sanctions inflicted by
ProtonMail, the highly secured mail platform refuses to sell off its Bitcoins amidst the complete market slump. Bitcoin (BTC) reached the price of about $30,000 just 2 days back. Among this complete fuzz and buzz in the market, many sold off their crypto holdings. Along with BTC, all other altcoins
Coinbase is in the process of acquiring Osprey Funds. The talks are at a high level and informal at this stage. Coinbase is the custodian for Osprey’s fund. The online secure cryptocurrency exchange platform Coinbase is in the process of acquiring asset management firm Osprey Funds, citing two people with
Entities of Saylor hold a total of 111,000 BTC and none of them have sold a single satoshi. He understands the fact that BTC would play a major role in the finance of the future. ETH drops down 50% of its market within 8 days. Michael Saylor, CEO of Microstrategy,
Binance Exchange plans to list the leading IDO Polkastarter The exchange with a strong focus on altcoin trading is Binance Exchange Polkastarter has been built for cross-chain token pools and transactions. Binance exchange plans to list the leading Initial Dex Offering (IDO) platform, Polkastarter (POLS), on The Innovation Zone.
SingularityDAO accomplices with Ocean Protocol. The architecture of SingularityDAO’s technology is designed with AI. Its incorporation with Ocean Protocol follows the successful completion of $5.2 million. SingularityDAO is the first major DeFi offshoot of SinguralityNET, announces its partnership with Ocean protocol to access the latter’s market-leading Ocean data-sets. As these
IOST blockchain set to witness the launch of JPYA. One of the world’s largest stablecoins by market cap is HUSD. IOST is the user-friendly, secure, and gas-efficient blockchain. IOST a decentralized, high-performance smart contract platform is set to witness the launch of JPYA, a stablecoin fixed to the value of
Launching a platform for viewers to wager on live eSports using Bitcoin. Details of the eSport Betting platform were filed in 2019. The eSport Betting Platform would be accessible even in Xbox, Mobile. Launching a platform for viewers to wager on live eSports events using fiat, Bitcoin, digital rights, or
Being the second-largest American bank, the Bank of America has incorporated explicit use of blockchain technology for its services. They have made a pact with one of the top regulated blockchain infrastructure platforms, the Paxos. Bank of America’s operations through Blockchain The news came out officially only on Monday through
