Stay up-to-date with Breaking News and Daily Insights on Crypto and BlockChain with Askrypto News.
Download the BlockShorts app to get instant updates from Askrypto News.
Do not forget to subscribe us on:
Ethereume Network Is Stronger Than Ever Before as DeFi, USDT_ETH Grows
As the Bitcoin network showed signs of a bullish rally on the market, Ethereum. The second-largest crypto was not far behind in showing signs of a market upward trend. The Etheruem network has highlighted the ecosystem’s strength not only with the coin’s market position. But also with its extended ecosystem. As regards the ETH coin, […]
Exchanges Can Battle Hackers By Renting Mining Power: Researcher
Coin Metrics researcher Lucas Nuzzi, speaking at the virtual event Unitize. Suggested that one way for exchanges to fight against hackers is by leasing online markets mining power. 6 Ticking countdown confirmations Nuzzi conjectured that a hacked exchange could rent enough hashpower through an online marketplace to oblige the network to reorganize favorably: “So it […]
China Needs to Reform the Crypto Laws, Former Official Says
Xiao Gang, former Chairman of the China Securities Regulatory Commission, said the country is facing a digital economic transition. So they need to follow the right rules for the fast-growing crypto-market. He spoke at the 19th Pushan Lecture of the China Finance 40 Forum, or CF40, which was held online on 7 July. Several officials addressed […]
New Action Film Features Billion Dollar Crypto Theft
Cryptocurrency is starring in a new action casino heist movie featuring Adam Copeland, Denise Richards, and Kelsey Grammer, which will be released later this week. According to the trailer, Money Plane (out of July 10) is about a former gambler. Who is forced to steal an aircraft which is “a bulletproof casino in the sky, […]
Coinbase Exec Says Money Will Flee US Due to Crypto Tax Policies
Coinbase, America’s largest exchange of cryptocurrencies, claims many countries are far more open-minded about crypto legislation and taxation than America. During the Unitize panel on 7 July, Lawrence Zlatkin, chief tax officer at Coinbase, shared the exchange of views on taxation and the global cryptocurrency industry. He was joined by Jessica Reif-Caplan, a senior tax […]
For Property E-Sealing Chinese Courts use Blockchain
Several Chinese courts also adopted blockchain technology to secure the properties using electronic seals. The People’s Court Executive Bureau in the Haidian district, Beijing. Reportedly deployed an electronic blockchain seal to secure property in Chaoyang district. E-sealing system applies to blockchain for property protection By implementing blockchain-powered e-sealing, courts can use video surveillance to track real-time […]
Three Women’s Binance Award Nominees Get Blocked From Instagram
The only woman recently nominated for the Binance Influencer Awards was Rachel Siegel, also known as CryptoFinally. She alleges that she and two other female crypto-influencers were de-platformed from Instagram after criticizing the under-representation of women in the Blockchain industry. The other females that are allegedly targeted are TechWithCatalina and GirlGoneCrypto. Questioning the status quo […]
Telegram Will Stop the TON Testnet by August 2020
Although Telegram has completed its Telegram Open Network (TON) blockchain project, the TON test network was apparently operating for nearly a year in May 2020. In an update on July 6th, TON ‘s Official Telegram Development Group announced that its support for the TON Test Network would stop. The remaining TON validators will be deactivated […]
Digital Yuan Will Have Trouble Displacing Tether in Asia: Expert
China’s central bank’s digital currency is generally known as a way to challenge the supremacy of the US dollar, not Bitcoin (BTC). Yet acceptance in niches where crypto versions of the dollar flourish can be difficult to find, especially Tether (USDT). Charles Yang of Genesis Block explained at the Unitize panel on Monday why DCEP, […]
Expert: China’s Digital Yuan Will Target the Dollar, Not Bitcoin
Having discovered what cryptocurrency space and blockchain needs, China would strive to compete with the U.S. dollar, not Bitcoin (BTC), with its highly awaited digital yuan. Matthew Graham, a former Chinese investment banker and CEO of Beijing-based Sino Global Capital. Examined what is known about the emerging digital currency so far. And argued that the […]