Christina Choi of the SFC spoke at the Bloomberg Buy-Side Forum Hong Kong 2023, emphasizing the importance of balancing innovation with regulation in the asset management industry. She highlighted the SFC’s ongoing work on guidelines for tokenization of investment products. (Read More)
The Future Of Energy: Bitcoin Mining
“Time-series analysis (Stern, 1993, 2000) shows that energy is needed in addition to capital and labor to explain the growth of GDP. But mainstream economics research has tended to downplay the importance of energy in economic growth. The principal models used to explain the growth process (e.g. Aghion and Howitt, 2009) do not include energy […]
Encryption Startup Fhenix Raises $7 Million In Seed Funding
Fhenix, an Israel-based encryption startup dedicated to bringing fully homomorphic encryption to smart contracts, has announced it has raised $7 million in seed funding. Fhenix has also stated that it will publicly launch its testnet early next year. Fhenix Raises $7 Million The news about the fundraise was revealed by Fhenix CEO Guy Itzhaki, revealing […]
Web3’s resilience amidst the bear market: A promising horizon awaits
In the bear market’s quiet, there is ample room for ideation, innovation and the laying of a foundation that will not just withstand, but thrive, in the subsequent bull market. In the cyclical rhythm of technological innovation, bear markets often appear as challenging interludes. Yet, for those well-versed in the evolutionary journey of the internet, […]
Cricket World Cup to feature Web3 fan app as ICC taps into Near blockchain
The International Cricket Council will leverage Near’s Blockchain Operating System to power a Web3 fan engagement app during the 2023 Cricket World Cup in India. The International Cricket Council (ICC) has partnered with Near Foundation to build a blockchain-powered Web3 fan engagement app for the 2023 Cricket World Cup in India, which promises to reach […]
Google paves way for AI-produced content with new policy
A subtle change to the description of Google Search’s helpful content system could very well be the beginning of a new era of content distribution on the internet. Something to be embraced or a pause for thought? On Sept. 16, Google updated the description of its helpful content system. The system is designed to help […]
Bitcoin price to $30K in October, says analyst as BTC price climbs 2%
BTC price strength returns ahead of Wall Street trading, with $27,000 in Bitcoin bulls’ crosshairs. Bitcoin (BTC) broke higher into the Sept. 27 Wall Street open as one analyst predicted a return to $30,000 in October. BTC/USD 1-hour chart. Source: TradingView BTC price reaches for $27,000 in fresh uptick Data from Cointelegraph Markets Pro and […]
Blockchain detectives: Mt. Gox collapse saw birth of Chainalysis
From solving Mt. Gox to tracing crypto used by child abuse syndicates in Korea, Chainalysis has a long but sometimes controversial history. Its been more than a decade since 850,000 BTC went missing from Mt. Gox, yet the collapse of the former exchange remains one of the most infamous black swan events of the cryptocurrency […]
CBDC frameworks must guard user privacy, monetary freedom of choice – BIS chief
BIS general manager Agustín Carstens stresses the importance of legal frameworks that protect CBDC user privacy and maintain monetary freedom of choice. Legal frameworks that ensure that user privacy and the freedom to choose between central bank digital currencies and other forms of money will be key in driving CDBC adoption, according to the head […]
How Bitcoin’s liveliness and vaultedness show the switch to hodling
Liveliness and Vaultedness are pivotal metrics in understanding the changes in the Bitcoin network. At their core, these metrics revolve around the concept of ‘coinblocks’. A recently introduced metric from Glassnode, coinblocks represent a specific quantity of Bitcoin associated with a particular time duration since its last movement or transaction. In simpler terms, it’s a […]