Chinese Internet Giant Tencent Plans to Create Digital Currency Research Group

Tencent, the operator of Chinese social media app WeChat, is planning to create a digital currency research group to further advance blockchain research projects. Tencent, the operator of Chinese social media app WeChat, is planning to create a digital currency research group for the further advancement of blockchain technology research Continue Reading

Uzbekistan Bans Citizens From Buying Crypto, They Can Only Sell

Authorities in Uzbekistan have effectively banned residents from purchasing cryptocurrencies on digital asset exchanges licensed in the country. Crypto holders will only be able to sell their coins and that’s if these have not been obtained through anonymous transactions, amendments to the local regulations postulate. Also read: Poles Hit With Continue Reading

Buterin: Binance DEX Should Be Criticized for Centralization, Not ETH

In a recent Twitter discussion, ETH co-founder Vitalik Buterin triggered a wave of arguments over the respective decentralization of Binance DEX and Ethereum itself. Binance’s decentralized exchange is a better target for criticism over being centralized than Ethereum, Vitalik Buterin believes. In a recent Twitter discussion, Ethereum co-founder Buterin triggered Continue Reading

SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding

United States-based cryptocurrency brokerage BitOoda has secured $7 million in funding from investors including former senior investment exec at JPMorgan. United States-based cryptocurrency brokerage BitOoda has secured $7 million funding from major investors including former senior investment exec at JPMorgan. Founded in 2017, BitOoda positions itself as a digital asset Continue Reading

Cyprus SEC Flags 3 Trading Platforms That Look Suspiciously Similar

Cyprus’ SEC recently flagged three investment platforms that look almost identical and falsely asserted ties to licensed firm BDSwiss. Cyprus’ Securities and Exchange Commission (CySEC) recently issued a warning against almost 200 unregistered investment platforms, three of which look strikingly similar and falsely advertise ties to licensed and regulated firm Continue Reading