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HK FinTech Week: What’s Next for Blockchain in Finance?

HK FinTech Week: What’s Next for Blockchain in Finance?

HK FinTech Week: What’s Next for Blockchain in Finance?

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Romanian Programmer Confesses to Orchestrating BitClub Crypto Scam Worth $722 Million

Silviu Catalin Balaci, a 35-year old Romanian citizen living in Germany, has owned up to helping create BitClub Network, a crypto mining Ponzi scheme that siphoned off investors’ funds worth $722 million.

US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year

US CFTC Rounded Up Over $1.3B in Regulatory Penalties in 2019, 40% More Than the Previous Year

The US Commodity Futures Trading Commission (CFTC), the derivatives regulator in the US has collected over $1.3 billion in regulatory and administrative penalties in the fiscal year of 2019, including funds collected from cryptocurrency businesses, which ended on Sept. 30.

More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down

More Consolidation to be Expected from Bitcoin as the Dollar Rallies and US Stock Market Is Down

Crypto analyst Joseph Young thinks that Bitcoin is treading with caution due to the strengthening of the dollar, and he suggests this could prompt a short-term price consolidation.

Former SEC Official Reveals why He Thinks Ripple Has a Good Chance of Winning SEC Lawsuit over XRP

Former SEC Official Reveals why He Thinks Ripple Has a Good Chance of Winning SEC Lawsuit over XRP

Joseph Hall, a partner at Davis Polk law firm, thinks that Ripple has a good chance of winning the legal case the SEC has built against XRP cryptocurrency.

Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018

Bitcoin Futures Open Interest Hit ATH Again as BTC Price Soars by 900% Since 2018

Bitcoin futures open interest is back to all-time high once again based on the present price surge which has seen the BTC price gain over 900% since 2018.

Racing to Save the Planet: The Role of Blockchain in Sustainability

Racing to Save the Planet: The Role of Blockchain in Sustainability

The world is in decay. A long list of environmental disasters and the relentless requirement for fossil fuels are pushing Earth's capabilities to heal itself to a dangerous tipping point. Blockchain might very well be mankind's last hope to avoid the fall.

Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality

Ethereum to Launch Another Testnet for ETH 2.0 After Spadina Fails to Achieve Finality

Ethereum developers announced that they will be launching another testnet next week, dubbed Zinken, following the low participation rate on Spadina.

Donald Trump is “Not a Fan” of Bitcoin and Crypto, Citing High Volatility

Donald Trump is “Not a Fan” of Bitcoin and Crypto, Citing High Volatility

“I am not a fan of Bitcoin and other Cryptocurrencies, which are not money.” Donald Trump tweeted on 11 July.

Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force

Ethereum Co-Founder: Facebook Not Fit to be Libra’s Driving Force

Joseph Lubin, Ethereum’s co-founder, has asserted that Facebook should not spearhead the Libra project based on the concerns raised about its reputation.

Bitcoin Price Reaches a New All-Time High on Christmas Day, BTC Whales Accumulate

Bitcoin Price Reaches a New All-Time High on Christmas Day, BTC Whales Accumulate

Bitcoin has recorded a new all-time high on Christmas day, setting its new high at over $24,600.

Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market

Crypto Interest in Asia is Brewing, Showing Long-Term Optimism in the Market

Crypto analyst Joseph Young has disclosed that Asia is showing considerable interest in the crypto market.

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