ConsenSys, the company that develops the Ethereum ecosystem, will help the Hong Kong monetary authority (HKMA) in a project to study the advantages of the state cryptocurrency. As part of the project, ConsenSys will help create the technology infrastructure for the HKMA project. The consulting firm PricewaterhouseCoopers Limited and Forms HK will also participate in […]
Read MoreOn Friday, September 25, the cryptocurrency exchange KuCoin was attacked by hackers. The attackers gained access to one of the platform’s hot wallets and withdrew crypto assets worth more than $150 million. According to an article in the company’s blog, the amount of losses is still being calculated, but on one of the Ethereum wallets […]
Read MoreThe US securities and exchange Commission (SEC) will simplify the procedure for settlements using digital securities for broker-dealers to reduce their operational risks. According to the SEC’s letter dated September 25, broker-dealers and alternative trading systems (ATS) that work with digital securities will not be subject to penalties and penalties if they comply with the […]
Read MoreBybit exchange CEO Ben Zhou said that we should not be surprised by the recent hacking of KuCoin – cryptocurrency exchanges have vulnerabilities simply by their nature. Zhou stressed that exchanges act as a single point of failure for the cryptocurrency industry. Like any centralized network application, exchanges are subject to the same problems as […]
Read MoreUniswap has become the first decentralized exchange with more than $2 billion in blocked funds. The total amount of blocked funds in the DeFi industry exceeded $11 billion. According to the DeFi Pulse portal, currently the volume of blocked deposits on the Uniswap exchange is $2.06 billion. Uniswap’s dominance in the decentralized Finance (DeFi) market […]
Read MoreThe average dollar value of a bitcoin transaction returned to 2017 levels and exceeded $129,000. The last time such a level of this indicator was recorded during the BTC rally to $20,000. According to BitInfoCharts, on September 17, the average dollar value of BTC sent in a single transaction reached the highest level since the […]
Read MoreThe Ethereum Classic development team – Ethereum Classic Labs (ETC Labs) – has announced a partnership with OpenRelay and ChainSafe to improve network security and prevent future 51% attacks. According to an article on the ETC Labs blog, the Ethereum Classic development Team will collaborate with OpenRelay and ChainSafe as part of a plan to […]
Read MoreThe Governor of the Central Bank of the Philippines said that the technology underlying digital assets can improve the provision of financial services, and the regulator is exploring the possibility of issuing a state-owned cryptocurrency. According to Bloomberg, the Governor of the Central Bank of the Philippines, Benjamin Diokno, said that digital assets expand the […]
Read MoreA report from the European parliamentary research service claims that digital assets can benefit the EU economy, as the industry will play an increasingly important role. The researchers emphasize that the European Union needs to keep up with the regulation of cryptocurrencies and help companies working in this area. The cryptocurrency ecosystem continues to expand […]
Read MoreThe CEO of CryptoQuant, Ki Young Ju, said that the volume of bitcoins sold by miners has increased recently, but this will not stop the next bull market. CryptoQuant analyzes the movement of bitcoins by miners and large holders. CEO of the company Ki Yong Ju noted that at the moment the market is under […]
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