Nigerian officials proposed secret crypto settlement, claims Binance CEO
Binance CEO Richard Teng says the Nigerian government has set a dangerous precedent after inviting company executives to meetings before detaining them.
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Indian central securities depository to back up its monitoring of bonds by blockchain
In the future, India's NDSL and the Securities Board division will welcome other entities to join the decentralized network. 260 Total views 17 Total shares The National Securities Depository (NSDL), India's central securities depository based in Mumbai, launched blockchain-based security and covenant monitoring platform. NSDL officially launched the distributed ledger technology (DLT) platform on Saturday, May 7,…

Cryptocurrency Boosts Illicit Gambling on Asian Soccer Leagues
Cryptocurrencies are making gambling on the world’s most popular sport easier, sports authorities suggest.Asian soccer has seen a sharp decline in match-fixing over the last six years, according to the Asian Football Confederation (AFC) in a Reuters article dated Feb. 14. However, the illegal gambling which has historically driven match-fixing in the region has grown,…

DeFi users turn to USDC stablecoin to earn high-yield interest — Data shows
Data from on-chain analytics firm, Flipside Crypto, reveals that members of the decentralized finance (DeFi) ecosystem are turning to USD Coin USDC in order to interact with DeFi protocols either by earning high-yield income on lending protocols like Compound and Aave. Users are also providing liquidity to liquidity pools like Uniswap and Curve, the latter…

Human protocol introduces new blockchain coordination layer for data contribution
Users receive rewards for contributing data on the Human Protocol, which can be used an initial-point of learning for algorithms. 120 Total views 4 Total shares On Thursday, decentralized infrastructure project Human Protocol said it was launching a new blockchain coordination layer to handle routing functionality among third-party vendors to power data contribution on the…

EOS Block Producer Calls Reports of $3 Trillion EOS Transaction FUD After Payment Fails
Blockchain protocol EOS (EOS) has dismissed worries over a recent transaction that hypothetically would be worth over $3 trillion. As picked up by Whale Alert, a Twitter account monitoring large transactions on cryptocurrency blockchains, an EOS user named “f***hacker.x” succeeded in creating a transaction for 1 trillion EOS tokens ($3.61 trillion).The transaction, which ultimately failed…

Singapore: Regulator Plans to Smooth Over Banking Ties With Crypto Businesses
The head of Singapore’s financial regulator and de facto central bank said he wants to “bring together” banks and crypto businesses after complaints about banking support, Bloomberg reports Wednesday, Oct. 10.Speaking in an interview, Monetary Authority of Singapore (MAS) managing director Ravi Menon appeared to consider the creation of a balanced regulatory environment for incoming…

Do Kwon’s extradition case goes back to Montenegrin justice minister
According to Montenegro’s Supreme Court, the US and South Korea had both met the conditions for applying for Do Kwon’s extradition to face criminal charges.

KPMG Leader Predicts IoT and Blockchain Will Be Used To Manage Climate Change
Accounting giant KPMG’s US blockchain lead, Arun Ghosh, predicts that blockchain, combined with the Internet of Things (IoT) will be used to manage climate change in 2020. IoT is a term for systems of interrelated devices that are embedded with sensors, software and network connectivity that enables them to collect and exchange data. According to a…