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Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests

Hong Kong Blockchain Startup Bitspark Announces Closure Amid Coronavirus Outbreak and Protests

Bitspark, a blockchain remittance startup based in Hong Kong recently announced its abrupt closure, stating internal restructuring issues.

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

China's Central Bank Publishes Rules for Blockchain-Based Financial Applications

The People’s Bank of China (PBoC) has published a set of evaluation rules for blockchain-based finance applications. The published rules aim to provide regulatory oversight using three basic standards bordering on technical, performance, and security.

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

China is Expecting its First-Ever Blockchain Exchange-Traded Fund

Shenzhen is expecting its nation’s first exchange-traded fund (ETF) that will track blockchain-themed stocks as underlying assets.

Bitcoin's Performance Outshines Gold and the S&P 500 Despite Recent Price Corrections

Bitcoin's Performance Outshines Gold and the S&P 500 Despite Recent Price Corrections

Bitcoin has outperformed gold and the S&P 500 in the past 12 months, but is the cryptocurrency's growth sustainable?

Chinese Military Likely to Employ Blockchain Management to Improve Performance

Chinese Military Likely to Employ Blockchain Management to Improve Performance

A report on Nov. 18 from the Chinese media Global Times, has stated that the Chinese military is likely to adopt blockchain technology to ensure proper management of personnel data, improve their training and performance in mission.

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

Beyond Banking: DBS Bank’s Digital Transformation into Smarter ‘Phygital’ Banking Services

In 2019, despite facing an increasingly challenging and uncertain environment, especially the second half of last year, DBS achieved a record performance and successfully launched DBS’ First Fully Virtual Wealth Management Account Opening Solution.

Ethereum Dominates DeFi with 96% of Transactions, Buterin Discusses ETH Gas Fees

Ethereum Dominates DeFi with 96% of Transactions, Buterin Discusses ETH Gas Fees

Ethereum has set the tone for the DeFi boom this year, and it has dominated particularly during the third quarter of 2020.

Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum

Binance Adds Smart Contracts to its Blockchain Platform, Moving Towards Direct Competition with Ethereum

Crypto giant Binance will be adding smart contracts to its blockchain platform, Binance Chain, according to its whitepaper released today.

Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees

Ethereum 2.0 Developer Says Phase 0 Most Likely Delayed Until 2021, Vitalik Buterin Disagrees

Justin Drake, an Ethereum Foundation Researcher working on Phase 0 of Ethereum 2.0 said the project will not go live until 2021. The announcement of the delay appeared to confuse Vitalik Buterin who disagreed that the upgrade to the network could not meet its 2020 deadline.

Binance CEO Officially Announces the Launch of Binance Futures

Binance CEO Officially Announces the Launch of Binance Futures

The CEO of Binance, Changpeng Zhao had announced the official launch of Binance Futures. The announcement which he made open to the general public on September 9 could be seen bold strides in the right direction following the Bakkt's announcement of the Bitcoin futures.

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