Binance Academy Launches Blockchain Accelerator in China

News Binance Academy, the educational arm of leading crypto exchange Binance, announced the establishment of a blockchain research institute in Shanghai on March 30. The Lingang Blockchain Technology and Industry Research Institute is intended to operate as a think-tank and talent hub for distribu..

Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN

News While global cryptocurrency firms increasingly come to Singapore to benefit from its crypto-friendly ecosystem, some local firms are also expanding their operations beyond local jurisdiction. Bitget, a Singapore-headquartered digital asset platform, has obtained regulatory approval from the U..

Ubisoft and MakerDAO to Sponsor Blockchain Gaming Alliance Under New Leadership

News The Blockchain Game Alliance (BGA) announced on March 30 the appointment of Sébastien Borget as President, while further adding that companies like Ubisoft, AMD, Animoca Brands, and MakerDAO have returned as sponsors for 2020. According to the announcement, the BGA — a coalition of 90 game an..

Capitulation? BTC Battered by Biggest Mining Difficulty Drop Since 2011

Market Analysis Bitcoin (BTC) currently sits at $6,370, a slight recovery from the March 27 pullback which saw the price drop nearly 9% in 4 hours. Despite showing some bullish signs, Bitcoin is still down nearly 30% since last Friday. As previously reported by Cointelegraph, the crash may have be..

China’s Oldest Exchange OKCoin Readies for Move Into Japan

News OKCoin, one of the oldest exchanges in China, is continuing its crypto exchange business expansion, announcing on March 30 that it has officially secured licensing in Japan. OKCoin has been anticipating this dayPer its announcement, OKCoin Japan has completed its registration with the Kanto L..

Bank of France Launches Experiment Program on Central Bank Digital Currency

News As a number of global jurisdictions like the Bahamas and Sweden are already testing their central bank digital currencies (CBDC), French central bank is getting more straightforward regarding its own CBDC plans. The Bank of France is now officially launching a program of experiments to test t..

HIVE Blockchain Acquires Bitcoin Mining Facility for $2.8M

News HIVE Blockchain Technologies, a Canadian publicly-traded ether (ETH) mining firm, has announced on March 30 the acquisition of a dedicated cryptocurrency mining operation with access to 30 megawatts of low-cost green power. The transaction was valued at CAD $4 million (USD $2.8 M). The facili..

Fake Trading Volumes and the Price of Bitcoin: Are They Connected?

Opinion Last year, Bitwise Asset Management reported to the United States Securities and Exchange Commission that 95% of trading volume in Bitcoin (BTC) was fake. Bitwise found that, according to data published by CoinMarketCap — a widely cited tracker of crypto statistics — Bitcoin’s approximate ..

The Law Is Coming for Bitcoin, Warns Satoshi Claimant Craig Wright

News The man who claims to be Satoshi Nakamoto says 2020 is the year the law comes for Bitcoin. Writing on his personal blog, Craig Wright offered a view of Bitcoin’s future which doesn’t bode well for operators of Bitcoin’s Lightning Network, or the coin’s miners. One of Bitcoin’s biggest attract..