A Hong Kong-based social media influencer has been reportedly arrested after investigations around the liquidity crisis of the crypto exchange JPEX traced back their involvement. Hong Kong police reportedly arrested crypto influencer Joseph Lam (Lin Zuo), who goes by the username ‘jolamchok’ on Instagram, for his association with JPEX, according to a South China Morning Post report. In addition, the report…
The National Bank of the Republic of Kazakhstan (NBK) establishes a separate entity to lead the development and implementation of the central bank digital currency (CBDC), digital tenge. As reported in the official statement on Sept. 15, the National Payment Corporation (NPC) would be organized on the basis of the former Kazakh Center for Interbank Payments. The new body will…
SingularityNET Overview SingularityNET Price Change 24h -0.34% SingularityNET Price Change 7d 1.24% SingularityNET Market cap $221,398,697.01 SingularityNET All time high $1.86 SingularityNET All time low $0.01 SingularityNET Price Prediction 7d $0.166662 –7.32 SingularityNET Fear-Greed Index 46 Fear SingularityNET Volatility 2.69% SingularityNET Green Days 14/30 (47%) Our real-time AGIX to USD price update shows the current Singularitynet price as $0.179822 USD.…
Senator Elizabeth Warren has announced the expansion of her coalition to crack down on “crypto’s use in money laundering, drug trafficking, sanctions evasion.” Nine other Senators have added their support to her Digital Asset Anti-Money Laundering Act, according to a statement. The press release on Warren’s official webpage names Senators Gary Peters (D-Mich.), Dick Durbin (D-Ill.), Tina Smith (D-Minn.), Angus…
SVB Financial Group, the former parent company of Silicon Valley Bank is getting closer to a deal that will see the institution sell its venture capital arm SVB Capital. According to a Sept. 15 report from the Wall Street Journal — citing sources familiar with the matter — Anthony Scaramucci’s SkyBridge Capital and Atlas Merchant Capital are jostling with the…
After two years of development, a group of Ethereum idealists are close to launching their zero-knowledge EVM (Ethereum Virtual Machine) — Scroll — developed with Ethereum’s values in mind. While there are already several zero-knowledge EVMs in existence today, Scroll co-founder Ye Zhang told Cointelegraph at Token2049 that the project was “idealistic” as the team was sticking to the philosophy…
Crypto exchange JPEX has pointed the finger at its third-party market makers for “maliciously” freezing funds which led to the exchange being forced to hike wit… Source: https://cointelegraph.com/public/index.php/news/jpex-blames-market-makers-hong-kong-liquidity-crisis
While TradFi is the main source of demand for blockchain tech, digital identity and supply chain are exciting areas too, according to Google Cloud Head of Web3 … Source: https://cointelegraph.com/public/index.php/news/web3-solving-business-problems-not-token-prices-google-cloud-interview
The crypto industry is far too focused on token prices, rather than figuring out how smart contracts can be used to solve real-world business problems, according to Google Cloud’s Web3 lead. In an interview with Cointelegraph, Google Cloud’s Head of Web3 James Tromans stressed the need to focus more on the business logic in the smart contract rather than the…
Dubai-based cryptocurrency exchange JPEX has slammed regulators and “third-party market makers” for a liquidity crisis that has seen the platform hike withdrawal fees and suspend certain operations. In a Sept. 17 blog post, JPEX said “unfair treatment” from certain institutions in Hong Kong, along with negative news — caused its third-party market makers to “maliciously” freeze funds. “They demanded more information…
