South Korea’s Financial Services Commission (FSC) has reportedly said that Korean investors will soon be able to easily invest and trade security tokens or fractionalized assets. According to the FSC’s Lee Su-young, security token investors are expected to get the same protection that is provided to investors in conventional securities. Protecting Korean Security Token Investors […]
North Korean Hackers Make Record For Most Crypto Stolen In 2022: UN Report
North Korean hackers stole more cryptocurrencies in 2022 than in any previous year, according to a confidential report obtained by Reuters on Monday from the United Nations. This is yet another indication that the hermit state is evading international sanctions to raise revenue. Targeting the networks of global aerospace and defense industries, hackers with ties […]
Digital Currency Group And Genesis Reach Restructuring Agreement With Creditors
The plan would see the sale of Genesis alongside other measures in a deal reached with DCG and Gemini Trust Co. Genesis, a subsidiary of Digital Currency Group, has reached a restructuring agreement with key creditors according to statements by Cleary Gottlieb attorney Sean O’Neal, representing Genesis. It would see the sale of Genesis Global […]
UK’s digital pound would modernize payments but won’t replace cash: Minister
The Bank of England (BoE) and U.K. Treasury are gearing up plans to create a digital currency that could “provide a new way to pay” without necessarily replacing cash. On Feb. 7, a joint consultation paper on Central Bank Digital Currencies (CBDCs) is set to drop, with the BoE and Treasury seeking feedback on how, […]
The Market Has Decided a Recession Is Coming, Says Mad Money’s Jim Cramer – Economics Bitcoin News
The host of Mad Money, Jim Cramer, says the market has already decided that the Federal Reserve “will tighten and create a recession no matter what.” Cramer also recently said that we are in a bull market, advising investors to buy the dip. Jim Cramer on Recession The host of CNBC’s Mad Money show, Jim […]
Jump and a16z Fight for Uniswap Bridge Privileges
Key Takeaways Uniswap wants to deploy on BNB Chain. However, two crypto firms are disagreeing on which cross-chain bridge the protocol should use. Jump and a16z are both pushing for bridge solutions they’re invested in—Wormhole and LayerZero, respectively. Share this article A Uniswap proposal to deploy the protocol on BNB Chain by using Wormhole is […]
Crypto Miner At Record Bitcoin Production, Bear Market Over?
The Bitcoin (BTC) mining and data center hosting company Riot has recently announced its production and operations update for January 2023. It has produced a new all-time high of 740 Bitcoin in the last month. Can the recent reports of eased inflation and the change of tightening policies by the Federal Reserve (FED) in 2023, […]
Concerning Ordinals.
An objective look at the technical concerns behind Ordinals and the implications on the Bitcoin network. This is an opinion editorial by Mark Goodwin. ordinal (adj.) c. 1400, “regular, ordinary; well-regulated, proper,” from Old French ordinel and directly from Late Latin ordinalis “showing order, denoting an order of succession,” from Latin ordo (genitive ordinis) “row, […]
Bank of Italy selectively encouraging DLT, preparing for MiCA, governor says
The Bank of Italy is looking for new ways to apply distributed ledger technology (DLT) and is preparing for the advent of Markets in Crypto-Assets (MiCA) regulation, bank governor Ignazio Visco told a congress of Assiom Forex, the Italian financial markets association, on Feb. 4. DLT may offer benefits such as cheaper cross-border transactions and […]
More Than 7,000 Ordinals Inscriptions Have Already Been Included on the Bitcoin Blockchain – Bitcoin News
Ordinals inscriptions, viewed as a kind of Bitcoin-native NFTs, are picking up steam among some Bitcoin circles, even though the procedures to issue them are far from user-friendly. The protocol, which was unveiled in January, has already served to bring more than 7,000 inscriptions directly to the Bitcoin chain, with some collections already present. Ordinals […]