Hashkey Group launches Ethereum layer-2 ‘Hashkey Chain mainnet’
The launch follows a successful testnet period where 50 projects were deployed and more than 24.72 million transactions were completed.
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UK Financial Watchdog Seeks Cryptocurrency Expert to Address EU Regulations
The United Kingdom’s major financial regulator, the Financial Conduct Authority (FCA), is looking to hire a specialist with a cryptocurrency background.Specifically, the FCA is seeking an intelligence associate with crypto expertise to address digital assets under the European Union's 5th Anti-Money Laundering Directive, the regulator said in a LinkedIn job posting on Feb. 6.Also known…

Binance to restrict derivatives trading for Hong Kong users
Binance is yet to announce an official date for imposing restrictions on derivatives products for Hong Kong users. 361 Total views 28 Total shares Stepping up efforts to minimize the inherent risks of trading cryptocurrency, major crypto exchange Binance has announced it would restrict access to derivatives products to Hong Kong users. The official announcement reads:“Users…

Apple disputes monopoly claims, cites 'fierce competition' in court
Apple’s letter to a federal judge previewed its slated dismissal motion to a U.S. antitrust suit, with the firm claiming prosecutors didn’t define where it has a monopoly.

Evergrande crisis: Buy the dip or bail? Pundits weigh in
As the prospect of Chinese property giant Evergrande defaulting on $305 billion worth of debt looms, pundits are weighing in on how the firm’s bankruptcy could impact the legacy and crypto markets. Speculation as to whether the real estate investment giant will default has coincided with a downturn across the crypto and stock markets, leaving…

Blockchain Firm Partners With Cannabis Data App to Create Research Project
A blockchain-based data marketplace, Measure Protocol, and a cannabis-oriented survey rewards app, Broccoli, will jointly establish a research community for cannabis users.According to a Nov. 12 press release, the companies will use the new community to survey consumers, collect data and make reports dedicated to cannabis use and the industry. In doing so, the parties…

IMF envisions ‘new class’ of cross-border payment platform with single ledger
The XC platform could operate domestically using tokenized assets, including deposits, with or without CBDCs. 94 Total views 1 Total shares The International Monetary Fund (IMF) has presented the outlines of a “new class” of cross-border payment system that provides but does not require a single ledger to record central bank digital currency (CBDC) transactions,…

FTX co-founder Wang discusses plea deal, knowledge of financial concepts at SBF trial
On the final day of his testimony, FTX co-founder Wang discussed talking to the feds and his interpretation of the “FTX is fine” tweet. 76 Total views 1 Total shares Day six of the trial of Sam Bankman-Fried saw the conclusion of former FTX chief technology officer Gary Wang’s testimony and the beginning of former

Bitfury forms MaaS partnership to upgrade $35M Norway data center
The crypto mining firm's 42-megawatt data center near Mo i Rana is reportedly already powered by 100% renewable energy. 1478 Total views 16 Total shares Crypto mining firm Bitfury has formed a partnership with a private equity firm allowing it to upgrade its existing $35 million blockchain infrastructure in Norway.According to a Nov. 2 announcement…