Hawaii crypto firms no longer need MT license, regulator rules
While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws.
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Are high fees killing some types of DApps? Cartesi explains on Hashing It Out
Erick de Moura argues that on blockchain networks with high fees, some types of decentralized applications don’t survive because users are only willing to part with cash for a few specific kinds. As the race between Ethereum layer-2 networks heats up, users are left with questions about each network’s unique nature, use cases and plan

Report: Vietnam’s PM asks State Bank to trial digital currency on blockchain
Vietnamese news outlets have reported that the country's prime minister, Phạm Minh Chính, has tasked the State Bank with studying and conducting a pilot for a digital currency. 574 Total views 4 Total shares The State Bank of Vietnam is reportedly set to become the latest central bank to delve into explorations of the feasibility…

DeFi can be halal but not DOGE? Decentralizing Islamic finance
While Islamic scholars have long wrestled with the question of whether cryptocurrency is halal, what if it’s really fiat that isn’t permissible?Islam has strict rules around finance, and it historically defines currency as commodities with intrinsic value — gold, silver, or salt, among others. Waseem Mamlouk, from the DeFi platform Nimbus, argues that government-issued fiat…

Delphi Digital launches Labs wing to bolster portfolio company development
The research, media, and investment company adds a development wing 867 Total views 9 Total shares Why wait for one of your investments to release a new feature when you can just build it yourself?Delphi Digital’s newly-announced expansion aims to do just that. The cryptocurrency investment, media, and research company is now adding a Labs department…

Indian exchange WazirX follows Binance in delisting USDC
Just like Binance, India-based exchange WazirX will implement BUSD auto-conversion for balances of USDC, USDP and TUSD at a 1:1 ratio in October. 99 Total views 14 Total shares Major Indian cryptocurrency exchange WazirX has opted to delist the USD Coin (USDC) from its platform and convert the remaining balances into Binance-backed Binance USD (BUSD)…

Bitcoin faces fresh pressure as US dollar crushes gold, risk assets
Bitcoin (BTC) hit daily lows on the July 5 Wall Street open as the U.S. dollar saw a violent surge higher. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewUSD sets yet another 20-year recordData from Cointelegraph Markets Pro and TradingView showed BTC/USD retreating to $19,281 on Bitstamp as the Independence Day long weekend concluded with a bump.The pair…

Chainalysis: 64% of Ransomware Attackers Launder Proceeds via Crypto Exchanges
United States-based blockchain intelligence firm Chainalysis claims that 64% of ransomware attack cash-out strategies involve the laundering of funds via cryptocurrency exchanges. The data was revealed in a Chainalysis webinar attended by Cointelegraph on May 30.A ransomware attack involves the infection of a target with malware and the demand of a ransom payment — frequently…

Bitcoin signals potential range expansion— Will SOL, LDO, ICP and VET follow?
The S&P 500 Index nudged higher by 0.45% to record its second positive week. While the United States equities markets were a slow mover, gold witnessed a massive run-up of more than 5% this week. Its rally of 3.11% on Oct. 13 was its best one-day performance since Dec. 1 of last year. However, the