Toncoin hits $13.96B market cap amid Durov debacle

Russian government-backed corporation Rostec intends to cut spendings on the blockchain development in the country by at least 50%.According to Rostec’s roadmap, the organization is planning to spend 28.4 billion rubles ($453.2 million) on the development of blockchain technologies in Russia by 2024, instead of initial 55 billion ($877.8 million) to 85 billion rubles ($1.3…

Cryptocurrency exchange OKEx announced the eighth round of buyback for its platform’s proprietary OKB token. 1284 Total views 44 Total shares Cryptocurrency exchange OKEx announced the eighth round of buyback for its platform’s proprietary OKB token.In a June 5 announcement, OKEx announced the start of the eighth and largest buyback of OKB tokens. From March…

Alipay operator Ant Financial has partnered with pharmaceutical giant Bayer Crop Science, Monsanto’s owner, to develop a blockchain solution for the food and crop industry.Letter of intentEnterprise blockchain news outlet Ledger Insights reported on the partnership on Sept. 26, also noting that the two firms signed a letter of intent to develop their solution to…

“We’re all kind of watching this and seeing what’s going to happen,” said WisdomTree's Will Peck on spot Bitcoin exchange-traded funds in the United States. 363 Total views 10 Total shares Will Peck, the head of digital assets at exchange-traded fund provider WisdomTree said regulators in the United States will “ultimately get there” on approving…

Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”

Even as the ongoing Binance-FTX saga continues to dominate the crypto airwaves, there has been a growing trend — an uneasy one at that — that has been garnering the attention of many digital currency enthusiasts in recent months, i.e., hackers returning partial funds for discovering exploits within a protocol. In this regard, just recently, the…

NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity.

IRS broadens the classification of crypto, Ripple gets another point in a case against SEC, and Hong Kong considers its own regulatory framework in opposition to China. 152 Total views 2 Total shares No matter how much attention the United States Securities and Exchange Commission (SEC) or Commodity Futures Trading Commission gets in the crypto…

Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoins (BTC).The city announced the hack on its official Twitter account on Oct. 25. The city wrote that it had “detected a network breach which resulted in unauthorised access to its information systems.” As a result, the breach affected…