Alibaba Group’s movie-making arm Alibaba Pictures plans to tokenize distribution rights for its new film “Striding into the Wind.” Alibaba Group’s movie-making arm Alibaba Pictures reportedly plans to tokenize distribution rights for its new film “Striding into the Wind,” Chinese English-language publication China.org.cn reports on Nov. 22. The company has purportedly signed an agreement with…
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Bitcoin (BTC) price slumped to a six-month low on Friday as China’s central bank launched on Friday a fresh crackdown on cryptocurrency trading in Shanghai. People’s Bank of China (PBOC) Shanghai headquarters said in a statement it would crack down on a resurgence of illegal activities around virtual currencies, and cautioned investors not to confuse…
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Charles Hoskinson. Source: a video screenshot, Youtube, Real Vision Finance Cardano (ADA) chief Charles Hoskinson has hit out at the Stellar Development Foundation (SDF)’s recent decision to burn 55 billion XLM tokens – worth some USD 4 billion at the time. Hoskinson stated that the move has created little in the way of value for…
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While the price of Bitcoin (BTC) is dropping, the mining difficulty and hash rate went up. This has led some market observers to believe that we may not see a mass miner capitulation yet. When the price drops and mining revenues decrease, miners who struggle to earn profits are forced to shut their least profitable…
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The European Investment Fund has launched a new investment scheme aimed specifically at retaining AI and blockchain technology development in the region. The European Commission and European Investment Fund (EIF) has launched a new investment scheme for artificial intelligence (AI) and blockchain in Europe, the organization announced in a Nov. 20 blog post. The announcement…
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With a legal publication on the status of cryptos and blockchain in the U.K., crypto businesses speak out about regulation in the country. London has long been one of the world’s most prominent financial hubs. But as the United Kingdom delves further into an uncertain period of political instability that could radically alter the very…
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In the past three sessions, there was a sharp increase in selling pressure on bitcoin, resulting in a downside break below the USD 7,850 support area. BTC/USD declined more than 7% and traded below the USD 7,650 support. It is currently (09:00 UTC) trading near USD 7,500, with a negative bias. Also, many major altcoins…
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The red sea of the top 30 coins by market capitalization just lost its last green island today, Tezos (XTZ), as the market slump deepened. The world’s most popular crypto, Bitcoin (BTC), continued its fall that has lasted for almost a month now, reverting to its pre-rally levels. However, altcoins followed it down, leaving the…
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The South Korean government will stump up USD 383 million worth of funding for Seoul-led blockchain research incentives over the next six years. Per a report from ZDNet Korea, the country’s Ministry of Science and ICT plans to utilize the funds to develop original blockchain technology, with the government taking the lead in creating a…
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Following the ban of crypto purchases with credit card, Argentina’s P2P Bitcoin trading volume reaches an all-time high. Argentina’s central bank had formally banned consumers from purchasing Bitcoin (BTC) and other cryptocurrency using credit cards on Nov. 1. What followed was the very opposite of what the Argentine government had anticipated — over the past…
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