Stellar invested in MoneyGram
The non-profit organization Stellar Development Foundation (SDF) has recently made a strategic investment in the money transfer service MoneyGram. This move is part of SDF's efforts to foster the adoption and integration of its blockchain technology, which is based on the Stellar network, within the financial services industry. The investment in MoneyGram reflects SDF's interest in leveraging its blockchain platform to enhance cross-border payment solutions and improve the efficienc...
Stellar invested in MoneyGram
The non-profit organization Stellar Development Foundation (SDF) has recently made a strategic investment in the money transfer service MoneyGram. This move is part of SDF's efforts to foster the adoption and integration of its blockchain technology, which is based on the Stellar network, within the financial services industry. The investment in MoneyGram reflects SDF's interest in leveraging its blockchain platform to enhance cross-border payment solutions and improve the efficienc...
800,000 blocks mined in bitcoin network
On July 24, 2023, the Bitcoin network achieved a significant milestone by crossing the threshold of 800,000 blocks mined since its inception. This event marks another step in the ongoing process of securing and validating transactions on the blockchain. As the Bitcoin network continues to grow, it relies on a consensus mechanism known as Proof of Work (PoW) to validate and add new blocks to the blockchain. Miners, who participate in the PoW process, compete to solve complex mathematical puzzl...
800,000 blocks mined in bitcoin network
On July 24, 2023, the Bitcoin network achieved a significant milestone by crossing the threshold of 800,000 blocks mined since its inception. This event marks another step in the ongoing process of securing and validating transactions on the blockchain. As the Bitcoin network continues to grow, it relies on a consensus mechanism known as Proof of Work (PoW) to validate and add new blocks to the blockchain. Miners, who participate in the PoW process, compete to solve complex mathematical puzzl...
Crypto funds reported an influx of funds for the third week in a row
According to analysts at CoinShares, the inflow of funds into cryptocurrency investment products from July 1 to July 7 amounted to $136.1 million, which is an increase compared to the previous week's figure of $124.7 million. The data shows a positive trend in investor interest and confidence in cryptocurrency investments. In fact, over the past three weeks, the total volume of inflows has reached $470 million, effectively offsetting the outflows recorded in the previous nine weeks. Sinc...
Crypto funds reported an influx of funds for the third week in a row
According to analysts at CoinShares, the inflow of funds into cryptocurrency investment products from July 1 to July 7 amounted to $136.1 million, which is an increase compared to the previous week's figure of $124.7 million. The data shows a positive trend in investor interest and confidence in cryptocurrency investments. In fact, over the past three weeks, the total volume of inflows has reached $470 million, effectively offsetting the outflows recorded in the previous nine weeks. Sinc...
The EU reached an agreement on the regulation of crypto assets in the banking sector
In an astonishing feat of progress, the European Union (EU) has propelled itself forward on the path to taming the wild frontier of crypto assets within the intricate realms of the banking sector. Like a symphony of harmonious cooperation, member states have embraced a momentous agreement, birthing a holistic framework that seeks to illuminate the hallowed halls of the crypto industry with transparency, stability, and unwavering integrity, all while quelling the tempestuous storms of associat...
The EU reached an agreement on the regulation of crypto assets in the banking sector
In an astonishing feat of progress, the European Union (EU) has propelled itself forward on the path to taming the wild frontier of crypto assets within the intricate realms of the banking sector. Like a symphony of harmonious cooperation, member states have embraced a momentous agreement, birthing a holistic framework that seeks to illuminate the hallowed halls of the crypto industry with transparency, stability, and unwavering integrity, all while quelling the tempestuous storms of associat...
Coinbase offered to change jurisdiction in Hong Kong
In a significant move toward embracing the digital asset industry, Johnny Ng Kit-chong, a prominent member of the Hong Kong Legislative Assembly, has extended invitations to cryptocurrency exchange Coinbase and various other digital asset platforms to establish a presence in the country. This invitation reflects a growing recognition of the potential economic and technological benefits that the cryptocurrency sector can bring to Hong Kong. By reaching out to Coinbase and other leading digital...
Coinbase offered to change jurisdiction in Hong Kong
In a significant move toward embracing the digital asset industry, Johnny Ng Kit-chong, a prominent member of the Hong Kong Legislative Assembly, has extended invitations to cryptocurrency exchange Coinbase and various other digital asset platforms to establish a presence in the country. This invitation reflects a growing recognition of the potential economic and technological benefits that the cryptocurrency sector can bring to Hong Kong. By reaching out to Coinbase and other leading digital...
