Search Results for: Blockchain Association

An Unknown Miner Commands More Than 51% of BSV’s Hashpower, Consecutive Strings of Empty Blocks Makes Chain Unreliable

by

A single miner has managed to overtake a large portion of the Bitcoinsv (Bitcoin Satoshi’s Vision) blockchain capturing more than 80% of the hashrate on October 17. Today, the unknown miner’s hashpower commands around 54% of the Bitcoinsv’s computational power and…

Blockchain Game Splinterlands Reveals Gamefi Platform Sold 10 Million Packs of Chaos Legion Series Cards

by

On Wednesday, the team behind the blockchain game Splinterlands announced that it reached a new milestone after the project sold more than 10 million packs from the fantasy-themed battle game’s Chaos Legion series of cards. The achievement follows the project’s recent…

California Governor Newsom Vetoes Bill to Regulate Crypto — Calls for ‘More Flexible Approach’

by

California Governor Gavin Newsom has vetoed a bill to regulate crypto in his state. He stressed that “a more flexible approach is needed” to “keep up with rapidly evolving technology and use cases” in the crypto sector. Bill to Regulate Crypto…

Ghana Central Bank Announces Launch of Regulatory Sandbox

by

Ghana’s recently launched regulatory and innovation sandbox is the latest proof of the central bank’s commitment to a regulatory environment that promotes “innovation, financial inclusion and financial stability,” a statement released by the Bank of Ghana has said. According to the…

Credit Cards Should Not Be Used for Crypto Transactions, Taiwan’s Financial Watchdog Says

by

The financial regulator of Taiwan has asked local banks not to allow the use of cards for payments in transactions involving cryptocurrencies, local media revealed. The authority says these assets are risky while associated cash flows are hard to monitor. Taiwanese…

Sweden Needs Power for More Useful Things Than Bitcoin Mining, Energy Minister Says

by

Concerned about projected increase in electricity demand, the government in Sweden may turn its back on crypto mining, the country’s energy minister has indicated. Swedish bitcoin minting industry, a leader in Europe, is likely to soon lose the preferential treatment it…

Circle Partners With New York Community Bancorp — Bank to Custody USDC Reserves

by

Circle Internet Financial has revealed a usd coin custody partnership with the American bank holding company New York Community Bancorp (NYCB). Under the agreement, NYCB’s subsidiary, New York Community Bank, will become a custodian for the company’s stablecoin reserves. Circle Partners…

Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services

by

Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions…