The Commonwealth of Dominica has launched a digital identity program and national token in partnership with Huobi. Cryptocurrency exchange Huobi has partnered with the Commonwealth of Dominica to roll out a digital identity and national token service that promises digital citizenship of the West Indian island nation. Not to be confused with the nearby, larger...Continue Reading

Bitcoin addresses holding up to 10 BTC have been accumulating record amounts of BTC in the aftermath of the FTX collapse. Some non-whale Bitcoin (BTC) investors seem to have had zero issues with the cryptocurrency bear market as well as fear, uncertainty and doubt (FUD) around the fall of FTX, on-chain data suggests. Smaller retail...Continue Reading

Former FTX CEO Sam Bankman-Fried, in a conversation with Vox, admitted to using Alameda’s banking facilities for FTX user deposits. The FTX contagion saga sees new revelations around its misconduct every other day, and the latest one solidifies the collusion between the failed crypto exchange and its sister company Alameda Research from the very beginning....Continue Reading

One of the design options for the Ukrainian CBDC describes the e-hryvnia available for usage in crypto exchange operations. The National Bank of Ukraine (NBU) has introduced a draft concept for its central bank digital currency (CBDC) candidate digital hryvnia, or e-hryvnia. Ukraine’s central bank on Nov. 28 released a statement on the concept of e-hryvnia,...Continue Reading

New York governor Kathy Hochul signed the moratorium, prohibiting any new mining operations that aren’t based on 100% renewable energy. The state of New York became the first one in the United States to impose a moratorium on proof-of-work (PoW) mining, albeit only for two years. Last week, New York governor Kathy Hochul signed the...Continue Reading

After Elon Musk lamented the winding back of Apple’s Twitter advertising, crypto company LBRY replied about its own troubles with Apple and censorship. Blockchain-based file-sharing and payment network LBRY has alleged that tech giant Apple forced it to filter out certain search terms during the COVID-19 crisis in an apparent rejection of free speech.  In...Continue Reading

The chief economist said the Supervisor of Financial Service Providers and the Israel Securities Authority should be granted more powers to oversee the industry. Israel’s chief economist has laid out a list of recommendations as to how policymakers should tackle digital asset laws in the country in order to safely drive up crypto adoption. In...Continue Reading

Silvergate Capital has been quick to distance itself from the now-bankrupt crypto lender BlockFi. Institutional crypto services provider Silvergate Capital has confirmed its minimal exposure to the embattled BlockFi crypto lending firm. On Nov. 28, Silvergate announced that its deposit relationship with BlockFi is “limited to less than $20 million of its total deposits from...Continue Reading

Two collections have appeared on NFT marketplace OpenSea depicting images and art related to the rare widespread protests in China over its lockdown policies. China’s COVID-19 protests cemented as NFTs Nonfungible tokens (NFTs) depicting the ongoing protests in China against the country’s tough zero-tolerance COVID-19 policy have found their way to the NFT marketplace OpenSea....Continue Reading

The FTX saga has made some crypto executives, researchers, analysts, and politicians more aligned on regulation than ever. Crypto executives and politicians are becoming louder in their calls for crypto regulation as the aftermath of the FTX collapse continues to reverberate through the industry.  In just the last 24 hours, the European Central Bank (ECB)...Continue Reading