Bitcoin whale accumulation reaches pre-2020 bull run levels — Is BTC set to break $70K?

Australia’s financial regulator, Australia's Securities and Investments Commission (ASIC) has pledged to put crypto assets and decentralized finance (DeFi) firmly in its sights over the next four years. According to ASIC’s newly released “Corporate Plan” released on Aug. 22, the financial regulator said it will be focusing on “digitally enabled misconducts” as “emerging technologies and products…

Bitcoin (BTC) and altcoins' markets lost a combined total of up to $602 billion overnight in a shocker brought forth by Elon Musk.The billionaire entrepreneur did an about-turn on his decision to accept Bitcoin for the electric vehicles offered by his company Tesla. He cited environmental concerns, noting that Bitcoin mining requires many fossil fuel…

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you significant developments over the last week.Industry experts are confident in DeFi and believe the sector would continue to see adoption despite its security flaws, primarily due to the mammoth failure of centralized exchanges. Despite the…

Jeremy Allaire, the CEO of crypto investment app Circle, has called on global economies to develop coordinated regulation of cryptocurrencies in an interview with Reuters Oct. 22.The CEO of the Goldman Sachs-backed crypto firm claimed that the global community should develop universal international rules for regulating the crypto space.Claiming that for the crypto industry “ultimately…

Customers can now integrate smart contracts on Amazon Web Services’ Quantum Ledger Database, or QLDB, thanks to tech company Blockchain Technology Partners.Blockchain Technology Partners, or BTP, unveiled general availability for its DAML incorporation, accessible through its Sextant for DAML platform, allowing those working with Amazon’s QLDB to harness smart contracts on the platform, according to…

Calgary’s police department has launched the Western Canada Cryptocurrency Investigations Centre in partnership with blockchain data firm Chainalysis. Own this piece of history Collect this article as an NFTA joint task force featuring investigators from the Calgary police department and analysis from blockchain data firm Chainalysis, dubbed the Western Canada Cryptocurrency Investigations Centre, was officially…

The handbook will be descriptive and informational, while the IMF offers advice tailored to specific, prioritized countries. 193 Total views 1 Total shares Own this piece of history Collect this article as an NFTWith interest in central bank digital currencies (CBDCs) at an “unprecedented” level, the International Monetary Fund (IMF) is experiencing heavy demand for…

Ampleforth (AMPL) is a cryptocurrency built with an elastic supply that expands and contracts depending on demand. According to its co-founder Evan Kuo, the team was trying to learn from the failures of the gold standard and Bitcoin (BTC) to create a more flexible monetary system.Investors hoard Bitcoin & goldAlthough many in the crypto space…

DICT Director Emmy Lou Versoza-Delfin said there’s been a rise in innovative blockchain startups in the Philippines, signaling that the country could be a global leader in blockchain. 340 Total views 2 Total shares The Blockchain Council of the Philippines (BCP) — a nonprofit organization dedicated to improving the regulatory framework for blockchain technology —…