Writer, technologist, and early Internet adopter David H. Holtzman has joined Naoris Protocol as an adviser. Naoris Protocol, which aims to transform the way cyber security is mitigated by using a system called CyberMesh, will have Holtzman’s backing in areas like marketing, technology, and strategy. Internet as we know it today
Kenanga Investment Bank Berhad and China’s Ant Group have agreed to collaborate. This collaboration will allow Kenanga to use mPaaS, a mobile development network. Recent years have seen a meteoric rise in the use of cryptocurrencies. Malaysia is now in the process of developing a super app that incorporates cryptocurrency
Bakkt stores its clients’ cryptocurrency in a combination of hot and cold wallets. Founded in 1895, Sullivan Bank is among the nation’s oldest financial institutions. A press release from Bakkt Holdings Inc., a digital asset service provider, and Sullivan Bank announced their partnership to provide bitcoin and other cryptocurrencies to
As a matter of fact, the entire crypto market was down over recent months with a huge price fall in all cryptocurrencies. Surprisingly, the report from Arcane research reveals traders from over 20 countries are interestingly trading these assets, raising the traffic of the crypto exchange. And it also proves
Spot trading volumes on all centralized crypto exchanges dropped 1.34%. Futures trading increased 13.4% to $3.12 trillion. Despite the market volatility, Bitcoin (BTC) and Ethereum (ETH) had regained dominance over future trading volume, according to an evaluation of respective spot trading volumes. In July, Bitcoin and Ethereum closed at $23,332
Relationship between the Asian equity market and cryptos has increased, as per IMF. IMF suggests regulatory frameworks to protect the investors. According to a recent blog post from the International Monetary Fund (IMF), the interconnection between the Asian equity market and cryptocurrencies has nearly tenfold increased since the Covid-19 pandemic.
The three-month decline in network difficulty ended in August. Bitcoin’s average transaction costs dropped to $0.825 on Monday. For the first time in more than two years, Bitcoin (BTC) blockchain transaction fees have dropped below $1.00, further bolstering its use case as a viable mainstream financial system. Having to pay
Free transfer of assets is considered a “gift” under the Inheritance and Gift Tax Act. In South Korea, a gift tax must be paid on any asset with a monetary value. A new gift tax on airdrops for crypto assets is reportedly being considered by the Ministry of Strategy and
The corporation has urged ATM operators to update their software immediately. The CAS admin interface should be accessible only from trusted IP addresses. On Thursday, hackers used a zero-day exploit to gain access to the servers of Bitcoin ATM maker General Bytes, changing the default administrators to themselves and resetting
The token mapping effort aims to be completed by the end of the year. The Treasury will also begin working on some of the other recommendations soon. The Australian Labor Party (ALP) has finally spoken out on its plans for crypto legislation three months after coming into office.”Australia as a
