The RBI’s latest financial stability report accentuated the negative about cryptocurrency and reminds the world that India is looking for global action on crypto regulation. The Reserve Bank of India (RBI) has appealed to the country’s presidency of the G20 group of the world’s largest economies as a pulpit to call for the development of...Continue Reading
The exchange said it intends to outline further details in a report in January 2023. The FTX-owned Japanese crypto exchange Liquid has announced plans to begin the process of returning customer assets in 2023. According to the Dec. 29 statement issued on its blog, the exchange is preparing to return assets entrusted by both customers...Continue Reading
Despite partial crypto bans, the Chinese Government has included blockchain technology in official state development policy. On Dec 29, the state-owned China Academy for Information and Communications Technology, or CAICT, published a document titled “2022 Blockchain Whitepaper.” According to the paper, more than 1,400 blockchain firms are currently based in Mainland China. Together with the...Continue Reading
Metaverse adoption has slowed down in 2022, but investors’ and developers’ enthusiasm remains. Here’s an overview of the tech’s last 12 months. Recognized as one of the most turbulent years for the cryptocurrency and blockchain industry, 2022 has still been vigorous for the metaverse. With over $120 billion invested in the first half of the...Continue Reading
Xiao Yi, Communist Party Secretary of the City of Fuzhou, financially aided Bitcoin miners between 2017 and 2021. According to a report published by state-owned daily news program Xinwen Lianbo on Dec. 29, Xiao Yi, former Communist Party Secretary of the City of Fuzhou, pleaded guilty to corruption charges in the Zhejiang Hangzhou Intermediate People’s...Continue Reading
Bitcoin is fooling no one with its current behavior, with bearish takes everywhere and the yearly close just two days away. Bitcoin (BTC) staged a modest recovery on Dec. 29 as United States stock markets rebounded in step. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $10,000 BTC price targets stick Data from Cointelegraph Markets Pro...Continue Reading
Swan Bitcoin has simplified Bitcoin saving with automatic recurring buys and one-time buys. Find how Swan Bitcoin works. When someone wants to buy Bitcoin (BTC), they usually take the route of a cryptocurrency exchange. Newbies may buy BTC on just any exchange they come across, while those with some sort of experience may opt for...Continue Reading
Bankruptcy judge Michael Kaplan said that on Jan. 9, he will review if the shares should be transferred to a neutral broker. The largely disputed Robinhood shares might be transferred to a neutral broker or an escrow account while the courts determine the rightful owner. Digital asset lender BlockFi recently sued former FTX CEO Sam...Continue Reading
Blockchain tracker Whale Alert has attempted to scan FTX’s historical balance checks to find out whether it was possible to spot the collapse sooner. Data transparency has been a focal point for the crypto industry, but the FTX fiasco has shown that centralized exchanges (CEX) are not transparent enough. So far, crypto analytics firms are...Continue Reading
BMW will integrate decentralized tech in two phases- first in its daily operations to eliminate complex paperwork, and the second phase would see the development of a customer loyalty program. German car manufacturer BMW plans to integrate blockchain technology into its daily operations and create a blockchain loyalty program for its customers in Thailand. The...Continue Reading
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