In September 2017, at the height of the initial coin offering (ICO) mania, South Korea’s financial regulator banned all token sales in the country, taking after neighboring China. Now, the watchdog wants this ban reversed and is calling for regulation in the sector. A local outlet Money Today report reveals that the Financial Services Commission (FSC) may be changing its stance on […]

Australian university researchers have questioned Bitcoin’s reputation as the best store of value network in cryptocurrency, with Ethereum on track “to becoming the world’s first deflationary currency.” A Nov. 18 paper by four Australian researchers discusses how the EIP-1559 upgrade makes ETH a potentially better store of value. The research comes was coauthored by Ester Félez-Viñas from the University of […]

One of the biggest banks in the Russian Federation is Sberbank. Herman Gref, its chief executive officer, recently revealed his experiences with the Bitcoin currency to the public. He identified benefits of digital currencies during a joint project presentation with Google. The CEO admitted having owned this virtual currency. He kept the Bitcoin for more than two months before converting […]

More than $150 million has been lost this week in separate security breaches at DeFi projects MonoX and BadgerDAO. Multi-chain decentralized exchange (DEX) MonoX (MONO) suffered a cyber attack on Nov. 30 leading to about $31 million in losses. BadgerDAO (BADGER) suffered a front-end attack that was discovered on Dec. 2 with estimates of Badger’s losses hitting more than $120 […]

Cryptocurrency exchange Okcoin has announced Randi Zuckerberg — the sister of Meta CEO Mark Zuckerberg — will be joining the platform’s brand advisory council in its aim to bring more women into crypto. In a Thursday announcement, Okcoin said that in addition to hiring Zuckerberg, the exchange would be committing $1 million in an attempt to reach a 50% female […]

AngryFloki is thrilled to announce that it has completed a successful presale and managed to raise the set hard cap of 700 BNB. The presale, which was held on Nov. 30, 2021 was completed in a record 2 minutes with 330 mambers contributing. A recently developed gaming project that is inspired by the legendary AngryBirds game, AngryFloki boasts of giving […]

After a week of immense volatility, Bitcoin and other cryptocurrency assets witnessed stability in the last few days. The overall market cap of crypto assets stayed above the important level of $2.5 trillion on Thursday. Digital assets like Ethereum (ETH), Solana (SOL), and Cardano (ADA) held onto most of their weekly gains. In the last seven days, ETH jumped by […]

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