Buying the dip? Bitcoin institutional investors add 100K BTC in a week

The Hong Kong Monetary Authority shared a list of eight questions to seek policy-related recommendations citing five possible regulatory outcomes — no action, opt-in regime, risk-based regime, catch-all regime and blanket ban. 1188 Total views 55 Total shares Hong Kong's central banking institution, the Hong Kong Monetary Authority (HKMA), released a questionnaire to gauge public…

The latest attack relied on user permissions granted to the protocol 3383 Total views 15 Total shares The latest “evil contract” exploit has netted an attacker over $14 million in stolen funds. Furucombo, a tool designed to help users “batch” transactions and interactions with multiple protocols at once, fell victim to the attack which centered on…

Japanese crypto exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin (BTC) and other cryptocurrencies.In an official announcement on July 12, Bitpoint revealed that it had lost around 3.5 billion yen (~$32 million) — 2.5 billion yen (~$23 million) of which belonged to customers and 1 billion (~$9.2…

The simplified trading experience could help PancakeSwap attract a larger market share from centralized exchanges.

Bitcoin (BTC) recovered modestly on Aug. 20 but remained on course to log its worst weekly performance in the last two months.Bitcoin hash ribbons flash bottom signalOn the daily chart, BTC's price climbed 2.58% to $21,372 per token but was still down by nearly 14.5% week-to-date, its worst weekly returns since mid August. Nonetheless, some…

Blockchain and the play-to-earn gaming movement could become even more addictive in 2022 as popular game developer Zynga fleshes out its team. 565 Total views 29 Total shares Hot off the news that the FarmVille and Words With Friends developer Zynga will release the first nonfungible token game this year, Zynga’s blockchain gaming aspirations are taking…

EY expects that its new blockchain-based withholding tax solution can lay a foundation for the European Commission’s withholding tax relief system. 372 Total views 7 Total shares Global professional services firm Ernst & Young (EY) continues exploring the potential of blockchain technology to improve taxation processes with a new initiative.The company announced Wednesday that EY…

While many nonfungible token (NFT) projects continue to suffer losses due to the bear market, a number of organizations have begun using NFTs to solve real-world problems. In particular, NFTs for subscription/membership-based models, or loyalty programs, are gaining traction. This point was highlighted in Forrester’s 2023 NFT and metaverse predications report, which notes: “Brands will pivot…

The State Duma of the Russian Federation has deferred consideration of the bill “On Digital Financial Assets” to April 2019,  local media outlet TASS reported on March 20.The second reading of the draft federal law “On Digital Financial Assets” has reportedly been rescheduled for April, following a decision made at the morning voting on the…