Nvidia crypto sales case could see flood of ‘frivolous’ lawsuits — Advocate body

Every year, we see new blockchain networks being developed to tackle specific niches within certain industries, each blockchain having specialized functions based on its purpose. For example, layer-2 scaling solutions like Polygon are built to have ultra-low transaction fees and fast settlement times.The increase in the number of new blockchain networks is also a result…

Amid the 2018 market slump, the launch of new crypto venture funds for the first time exceeded that of new hedge funds in the space, according to a Bloomberg report on Jan. 30.Bloomberg cites data from Crypto Fund Research that indicates that 125 new crypto venture funds — which typically provide capital in exchange for…

The SEC now expects to decide whether to approve or disapprove Bitwise and Grayscale’s Bitcoin exchange-traded offerings in early February. 1660 Total views 24 Total shares The United States Securities and Exchange Commission continues to delay decisions on Bitcoin (BTC) exchange-traded funds (ETF), issuing two fresh deadline extension notices.On Wednesday, the SEC postponed two major…

A creditor of now-bankrupted crypto exchange FTX pledged a $31,307 claim as collateral for a DeFi loan. 197 Total views 1 Total shares A creditor of now-bankrupted crypto exchange FTX pledged a claim as collateral for a loan in the decentralized finance (DeFi) protocol Arcade. The transaction was the first on-chain loan backed by an…

The Hong Kong Monetary Authority and the BIS Innovation Hub cooperated on a unique CBDC design that reflects the realities of money issuing in the special administrative region. 346 Total views 9 Total shares The Hong Kong Monetary Authority presented its completed Aurum retail central bank digital currency (CBDC) prototype on Oct. 21. The system,…

The platform would aid central banks in Asia with developing a central bank digital currency. 312 Total views 6 Total shares LINE, a Tokyo-based subsidiary of the South Korean internet search engine company Naver, is building a platform for developing central bank digital currencies, South Korean news agency The Chosun Ilbo reported on Oct. 19.Sources…

Mining bitcoin without any help from a larger pool has become an increasingly-improbable feat over the last decade. 769 Total views 41 Total shares Another Bitcoin (BTC) miner from the Solo CK mining pool has solo mined a new block on the Bitcoin blockchain, earning a block reward of 6.25 BTC (over $220,000 at current…

Cointelegraph traveled to El Salvador to investigate whether citizens believe its new Bitcoin Law will be beneficial to the nation's economy. 263 Total views 4 Total shares Last month, Bitcoin was adopted as legal tender in El Salvador, joining the U.S. dollar.The country's new Bitcoin Law, which will be enforced starting Sept. 7, will allow…