Australian regulator claims win over Kraken’s Bit Trade in federal court
A court has found Bit Trade offered a product without following design and distribution obligations and acted as a credit facility, in violation of Australian laws.
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Manchester City FC Reveals New Partnership to Tokenize Its Players
English Premiere Leage football club Manchester City (Man City) has announced a partnership with South Korean blockchain football gaming startup Superbloke.Fans can support players through blockchainUnder the partnership announced by Man City on Aug. 26, Superbloke incorporates the club’s players into its blockchain-powered soccer game FC Superstars enabling fans to support the athletes through online…

Why Bitcoin price abruptly dropped 3% in 30 minutes on OKEx freeze
OKEx, one of the world’s biggest cryptocurrency exchanges, announced a temporary suspension of withdrawals on Oct. 16. Upon the news, the price of Bitcoin (BTC) abruptly plunged 3% in 30 minutes across major exchanges.The nervousness in the market comes from the reason behind the withdrawal suspension and the potential implications it carries. The 15-minute price chart…

Meta pulling the plug on NFTs across Instagram and Facebook
The short-lived NFT features were first launched in May 2022, but Meta's financial technology lead said it's "winding down" the tools to focus elsewhere. 636 Total views 6 Total shares Own this piece of history Collect this article as an NFTBig Tech firm Meta is scrapping its nonfungible token (NFT) feature across its social media…

Analyst Snickers at Those Who Invest in Gold but Not Bitcoin
According to crypto analyst Willy Woo, a $1 investment in Bitcoin a decade ago would be enough to retire on, while the price of gold has barely moved. 2731 Total views 37 Total shares An investor who put $1 into Bitcoin a decade ago would have enough money to buy a luxury yacht — but…


Over 130-Year-Old Liquor Company William Grant & Sons to Track Whiskey on Blockchain
Premium scotch whisky brand Ailsa Bay is reportedly about to release what it believes to be the world’s first scotch whisky tracked with a blockchain-based system. Liquor-related news website The Drinks Business reported on the development on March 26.Ailsa Bay is owned by William Grant & Sons (WG&S), a liquor company founded in 1887 that,…

Hong Kong securities association suggests ICO to boost economy
The Hong Kong Securities and Futures Professional Association also suggested that the region’s authorities could implement Islamic Banking. 284 Total views 4 Total shares The suggestion that Hong Kong could make an initial coin offering (ICO) appeared in a list of propositions formulated by the Hong Kong Securities and Futures Professional Association to revitalize Hong

Stocks surge, altcoins give back their gains and dollar strength may push Bitcoin lower
Between May 23 and 27, the equities markets had an impressive run, with the tech-heavy NASDAQ (NASDAQ: QQQ) ETF up over 7% and the S&P 500 (NYSE: SPY) up over 6.50%. However, this week' whipsaws in price action occurred throughout the week and while the J trade session is not yet over, the weekly candlesticks…