The FSA expands its workforce to ensure cryptocurrency compliance and Hong Kong residents use Bitcoin to avoid capital controls. In the crypto space in Asia last week, new data concerning Bitcoin (BTC) use in Hong Kong shows that residents are using crypto to hedge against the possibility of capital restraints, while the Japanese Financial Services…
Read more
Thanks to a purpose-built Solidity compiler, developers will be able to easily port their Ethereum applications to Telegram Open Network’s blockchain. Telegram Open Network’s (TON) blockchain will allow developers to port their Ethereum (ETH) smart contracts. As industry news outlet CoinDesk reported on Aug. 30, software startup TON Labs managed by Telegram’s token offering investors…
Read more
How does solving clues, puzzles and challenges in order to win 1 million Tezos tokens, currently worth USD 1 million sound? Here’s your chance. The alternate reality game Satoshi’s Treasure launched the ongoing global hunt for USD 1 million in Bitcoin in April this year, during which the clans of hunters must solve puzzles and…
Read more
2019 has seen a new way of fundraising, IEOs, become the go-to way to raise capital while ICOs lose steam. The crypto community has seen a tectonic shift in fundraising trends: from the decline of initial coin offerings (ICOs) to the hype around security token offerings (STOs) and then the rise of initial exchange offerings…
Read more
Dr. Bruce Ng is an educator in the field of Distributed Ledger Technology (DLT) and has been a lead crypto-tech analyst for Weiss Cryptocurrency Ratings since shortly after their launch. __________ Just last week, a new Libra competitor burst onto the scene: Binance announced that it will launch Venus, “an initiative to develop localized stablecoins…
Read more
Major expansion of payment systems in Brazil and no taxes on BTC transactions in Portugal in news of the week from Cointelegraph Brasil. This week saw major expansion of crypto payments in Brazil, new standards freeing Bitcoin from Portuguese taxes, and the allegedly fraudulent Grupo Bitcoin Banco’s refusal to pay clients their deposited funds. Brazil’s…
Read more
Bitcoin is at a strong support level. If it fails to bounce quickly, it is likely to turn negative. Let’s analyze the charts. This week, major cryptocurrency exchange Binance stated that it plans to take a conservative approach and that Venus project will comply with all the regulatory requirements. This will keep it away from…
Read more
