In a landmark announcement, Securities Commission Malaysia’s Shariah Advisory Council declared that digital assets trading was permissible.The Malaysian Shariah Advisory Council is the authority that oversees the implementation of Islamic laws in the operation of Islamic Financial Institutions.Securities Commission chairman Datuk Syed Zaid Albar made the announcement during...
Bitcoin (BTC) is preparing to copy gold as it aims for all-time highs, according to an exchange amid fresh warnings that a correction is due.In a tweet on July 9, LATOKEN highlighted the increasingly “correlated” relationship between the precious metal and BTC.Bitcoin-gold correlation increasing?After XAU/USD topped $1,800 for...
$16.7 million worth of decentralized finance (DeFi) liquidity protocol Kyber Network’s KNC token have been locked up in staking within 24 hours of the service’s launch.The milestone was noted by Kyber co-founder Loi Luu, who tweeted to announce that nearly 10.5 million KNC had already been staked.Hype for...
Australian comedian Jim Jefferies has amassed a larger stack of Bitcoin than billionaire Elon Musk.In a June 30 episode of Jefferies’ podcast I Don’t Know About That, the comedian revealed to “Invest Diva” Kiana Danial that he was slightly more informed about cryptocurrency than his comedy team apparently...
Jon Barry Thompson, the accused operator of a fraudulent crypto escrow service that defrauded $7 million from two customers, is expected to enter a guilty plea — with prosecutors aiming to finalize proceedings in September."The parties expect to reach a disposition of this matter and respectfully request that...
OKEx exchange recorded over 8,000 “whale” Bitcoin (BTC) trades in June; more than any other exchange. It also had the honor of recording the largest such trade — 513.1 BTC according to data from Kaiko.Number of Bitcoin whale (≥10 BTC) trades by exchange. Source: Kaiko.Whales prefer USDT over...
In a recent panel, as part of a digital Unitize blockchain conference, ABI chief innovation officer Silvia Attanasio explained why the banking entity chose to go the decentralized blockchain route for Spunta — its blockchain solution built on enterprise blockchain platform Corda. If ABI had gone the decentralized route, the...
One of the July 8 panels from the Asian version of Unitize brought together two key participants in the promotion of blockchain technology in their respective regions.Marloes Pomp, who works as an initiator of blockchain projects with the Dutch government, and Yi Ming Ng, who works for the...
As the global economic engine continues to reel from the effects of the slowdown induced by the novel coronavirus, it’s still not clear how much devastation the pandemic has actually caused. For example, due to the restrictions imposed by governments all over the world such as border lockdowns,...
The first two days of Unitize, the virtual conference organized by BlockShow and San Francisco Blockchain Week, have come and gone with speakers from various sectors of the emerging crypto and blockchain space. Developments around central bank digital currencies, as well as the impact of COVID-19 on the...