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South Korean Telecom Giant and City Government Teams Up to Launch Major Digital Currency
KT, the largest telecom company in South Korea is planning to launch its blockchain-based digital currency in the second biggest city in the country, Busan.
Bakkt And Galaxy Digital Announce New Bitcoin Service Aimed at Institutional Investors
Regulated bitcoin futures provider Bakkt and Galaxy Digital’s trading arm seek to cater to the rising institutional demand for Bitcoin. The two firms have just developed a new service targeting institutional investors looking to purchase and store Bitcoin.
Yuga Labs Acquires Roar Studios to Expand Metaverse Vision
Yuga Labs, known for Bored Ape Yacht Club, has agreed to acquire Roar Studios, enhancing its metaverse vision.
ZachXBT's Defamation Lawsuit Receives Over $1 Million in Donations as Prominent Figures Rally Support
In a surprising turn of events, renowned on-chain analyst ZachXBT has exceeded his initial fundraising target, amassing a staggering $1,055,233 in donations, according to Nansen data. This remarkable achievement has been made possible through contributions from various entities and influential figures within the crypto industry.
Bakkt's Strategic Expansion Leads to Significant Revenue Growth Amid Crypto Market Recovery
Bakkt Holdings forecasts a substantial revenue increase and a 70% decline in operating cash flow usage for FY 2024, following a robust year of strategic advancements.
Largest Gathering of Global Blockchain Innovators in Tokyo - Meet the people behind Cosmos, OmiseGO, MakerDAO, Harmony, Ontology, Blockstack, RSK, Dapp.com...
BINARYSTAR and Asia Blockchain Review are organizing Unblock Tokyo: Ecosystem Fast Track on October 5th, in a major gathering of all-star developers to shed light on the latest developments in the industry and exclusive project updates for the blockchain and crypto community.
Worldcoin's Global Identity Protocol Hits 2 Million Sign-ups
Worldcoin, aiming to be largest identity and financial network, led by chatgpt owner OpenAI CEO Sam Altman, as a public utilityan innovative global identity protocol, has announced a significant milestone, reaching 2 million World ID sign-ups during its beta phase
Ledger and Tezor Dismiss Rumor That Hackers Have Stolen Data from Popular Crypto Wallet Providers
Cybersecurity company “Under The Breach” has reported that a hacker is allegedly attempting to sell customer data that stems from firms like Ledger, Trezor, Keepkey, and even Bnktothefuture.
Crypto Exchange Bakkt Makes Public Trading Debut on NYSE
Shares of Bakkt started trading on the NYSE on Monday after completing a merger with SPAC VPC Impact Acquisition Holdings.
Trump Signs TikTok Executive Order and Seeks to Clean the Free World's Networks of China State Tech Espionage
United States President Trump has issued two executive orders against Chinese social media apps TikTok and WeChat, which are suspected of sharing US citizens’ data with the Chinese Communist Party.
TikTok Encryption Layer Bypassed Google Android Safeguards to Track Users Data
Following President Trump’s executive order against TikTok, new evidence has revealed that the social media app had been collecting unique identifiers from millions of mobile devices, allowing the China-based app to track user’s online without permission.
A Billion Dollars in Bitcoin Options Expired, Bitcoin may be Vulnerable to Violent Price Moves
A billion dollar worth of Bitcoin options are to expire today, in the meantime, traders debating whether this will result in higher volatility, and the direction of which Bitcoin price is headed. Traders are now deciding whether to take their options or leave the market.
China Unlikely to Approve Oracle and Walmart’s TikTok Deal – Blockchain and Bitcoin Implications
China appears to be on edge regarding Oracle and Walmart’s deal with parent company ByteDance for TikTok’s US operations, calling it an “unfair deal.”
What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal
ByteDance is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.
New Bakkt Study Shows Ongoing Crypto Interest and the Need for Regulation
A recent study by Bakkt Holdings Inc (NYSE: BKKT) reveals that people's interest in cryptocurrencies remains strong despite recent market fluctuations.
Bakkt Announces the Promotion of the Company’s Former Chief Product Officer to CEO
Having previously worked in Google and PayPal, Mike Blandina is to leave his position as Chief product officer of Bakkt, for his new role as CEO. The chairman of ICE has expressed strong confidence in his ability to steer the company to excellence.
Bakkt Platform Launched: Trades 71 Bitcoin Futures Contracts in 24 Hours
ICE’s historical data on Bakkt’s Bitcoin/USD futures contract trading reveals that the platform traded 71 BTC at press time, with the last trading price recorded at $9,875 per Bitcoin.
Institutional Exchange Bakk Launches Crypto Debit Card
U.S. Institutional Exchange Bakkt launches a new virtual Visa debit card named “Bakkt Card” for retail purchases in terms of crypto transactions.
Deribit Dominates CME and Bakkt in BTC Options Volume
Existing bitcoin exchange Deribit has bested institutional newcomers CME and Bakkt in terms of Bitcoin option trading volume at the start of 2020.
South Korea’s Teachers’ Pension Fund Announces Plans to Invest in Bitcoin on Its Balance Sheet
The Korea Teacher's Credit Union (KTCU) in South Korea is following a list of rising pension schemes across the world to invest in Bitcoin.
US Congress Proposes Bill to Restrict Government Interactions with Foreign Adversarial Blockchain Networks
US Congress introduces H.R.6307, limiting government interactions with Chinese blockchain networks, addressing national security and data privacy concerns, and urging increased scrutiny in the technology sector.
Global Payments Partners with Bakkt, Offering Crypto and Loyalty Programmes
The collaboration will enable Global Payments to provide its customers with the ability to pay using digital assets within the Bakkt App.
How Blockchain Technology Can be Used to Leverage Booming TikTok and Influencer Trends
Blockchain technology has been a growing hot topic, with companies integrating it more and more into their ecosystem for better security, decentralization, and lower costs, among other things.
OKX to Power Web3 Innovation as a Sponsor of Consensus 2023-Affiliated Hackathon 'Web3athon'
OKT Chain (OKTC), the EVM and Wasm-compatible chain backed by OKX, the world’s second-largest crypto exchange by trading volume, has announced its sponsorship of the upcoming Web3athon event taking place in conjunction with Consenus 2023.
TikTok Owners Launch Blockchain and AI company with Shanghai Dongfang Newspaper
TikTok owners agree to a new partnership to advance blockchain advancements with Chinese News Outlet, Shanghai Dongfang Newspaper Company.
Singapore High Court Approves iSanctuary's Use of NFTs for Financial Investigations
In a legal first for Singapore, the High Court has granted permission to UK-based financial investigation firm Intelligent Sanctuary (iSanctuary) to use nonfungible tokens (NFTs) in tracking and freezing assets related to a hack. The NFTs, created in partnership with Mintable, will serve as a warning to counterparties and exchanges and enable real-time tracking of transactions from the compromised wallets.
Over 1 in 3 TikTok Influencers Post Misleading Crypto Content
A study by dappGambl found that over 1 in 3 TikTok influencers posting crypto-related content were found to be sharing misleading information, without providing adequate disclaimers or warning users about investment risks. The study analyzed over 1,161 videos on the platform and discovered that 47% of creators were pushing services to make money. The potential financial risk for unwary investors remains high, with popular hashtags related to crypto churning over 6 billion views on TikTok.
Bakkt Partners with Starbucks to Test Consumer App and Merchant Portal
Mike Blandina, Chief Product Officer, Bakkt, revealed that the company's current interest lies in developing the consumer app and merchant portal and as well as testing with their first launch partner, Starbucks.
US House Committee to Probe Crypto Crimes in November Hearing
The US House Financial Services Committee will hold a hearing today, November 15, 2023, to examine illicit cryptocurrency activities, including money laundering and terrorist financing, and discuss the Department of Justice's focus on these crimes.
Bakkt Opens Long-Awaited Bitcoin Warehouse For Deposit and Withdrawal
Bakkt has finally announced the launch of its long-awaited for the withdrawal and deposit of Bitcoin, Bakkt had said in its announcement that it's potential clients are customers who are willing to deposit and withdraw Bitcoin.
Bakkt Faces NYSE Delisting Over Low Share Price
Bakkt Holdings, Inc. grapples with NYSE non-compliance notice due to sub-$1 share price, considers reverse stock split among measures to regain compliance.
PCCW, HKT Becomes 1st Hong Kong-based CMT to Join the Metaverse
PCCW and HKT have become the first Hong Kong-based communications, media and technology (CMT) organisations to join the metaverse following a partnership with The Sandbox.
Adam White, COO of Bakkt on the Custody Offerings and Future Roadmap
Adam White, COO, Bakkt began his journey in the crypto world when he joined Coinbase six years ago, much to the dismay of his family and friends who believed has was throwing away his Harvard education on a pseudo-market.
VanEck And ProShares Withdraw Plans to List Ethereum ETFs
VanEck and ProShares have told the SEC that they would like to pull their plans to launch Ethereum ETFs.
Blockchain-based Digital Identification For Online Public Services In Turkey
Turkey will employ blockchain-created digital identities to access public services. National blockchain infrastructure planning began in 2019. Mobile phones will store digital data. Turkey has launched several blockchain projects, however few have been completed.
Video Generation: ByteDance MagicVideo-V2 Outperforms Pika 1.0, SVD-XT?
ByteDance's MagicVideo-V2 surpasses Pika 1.0 and SVD-XT in AI-driven video generation, showcasing advancements crucial for the parent company of TikTok and Douyin and the broader tech industry.
TikTok and WeChat Get Banned From United States App Stores
From Sunday, TikTok and WeChat will no longer be available for download in United States App stores.
Mastercard Collaborates with Bakkt to Expand Encryption Solutions & Join Loyalty Program
Payment giant Mastercard cooperates with the U.S. Institutional Exchange Bakkt by expanding integrated cryptocurrency solutions and payment services.
US Judge Blocks Trump Administration’s Ban on TikTok Downloads
A federal US judge granted an injunction request against the Trump Administration’s order to ban TikTok downloads across all US app stores.
Former TikTok Gaming Head Launches Blockchain Gaming Startup Meta0
Jason Fung, the former head of short video giant TikTok’s gaming division, launched a blockchain gaming startup called Meta0 as CEO and has completed its first round of financing.
Crypto Firm Bakkt Reports $1.5B in Impairment Losses in Q3
Bitcoin firm, Bakkt announced its Q3 performance report with a loss of $1.5B impairment loss
American Bank Inks Deal with Bakkt, Offering Trading & Holding of Tokens
To offer customers the option of accessing Bitcoin and Ethereum using their bank accounts, American Bank has partnered with Bakkt.
TikTok Crypto Influencers Mislead Viewers
More than one-third of cryptocurrency influencers on TikTok have posted misleading videos about Bitcoin and other cryptocurrencies, according to a recent study. Many of these influencers fail to provide disclaimers warning users about the risks of investing in cryptocurrencies. Moreover, many are pushing services and investments for their own profit, without disclosing the payments they receive. The potential financial risks for unwary investors are high, with one in three misleading videos on TikTok mentioning Bitcoin. Viewers are advised to do their own research before making any investments.
Oracle Confirms Partnership with TikTok, President Trump Still Needs to Approve Deal
Oracle, the tech company that was said to have acquired TikTok’s US operations, has finally commented on the partnership and confirmed it.
Bitcoin Price Breaks $11K Again, but Can’t Maintain Bullish Momentum
Over the weekend, Bitcoin broke past the $11,000K mark once again but has fallen back to record an approximate price of $10,900 since then.
Bakkt BTC Options Trading Falls To Zero: What Does This Mean for Mainstream Adoption?
The impetus behind Bakkt was to create a safe and regulated environment where larger institutions, corporation and investors would feel comfortable leveraging for access to the nascent crypto market. The trading volume or lack thereof seems to indicated that these larger investors are still weary of cryptocurrency.
Bakkt Advances with $150 Million Capital Raise Initiative
Bakkt Holdings, Inc. receives SEC's nod for a "universal shelf" registration, paving the way for up to $150 million capital infusion over three years, enhancing its strategic financial flexibility and growth potential in the digital asset sector.
Nike Acquires NFT Sneaker Collectibles Startup RTFKT
NFT platform RTFKT Studios, which integrates reality into fashion and games, announced on its official Twitter account on December 13 that it has been successfully acquired by sports brand giant Nike.
Bakkt to Allow Customers Trading ETH on Digital Asset Platform, Move Beyond Bitcoin Offerings
Bakkt is seizing opportunities to move beyond Bitcoin service offerings.
iFinex Proposes $150 Million Share Buyback from Bitfinex Hack Victims
iFinex, Bitfinex's parent company, plans a $150 million share buyback to re-acquire shares given as compensation for a 2016 hack. The offer follows a valuation surge from $120 million in 2016 to $1.7 billion, providing an exit route for investors. Shareholders have until October 24 to respond to the buyback offer.
KuCoin Exchange Launches its Meta Office As KuCoin’s First step on Metaverse
KuCoin Exchange has announced it will launch virtual offices in a visually stunning virtual reality skyscraper called Bloktopia.
Former Bakkt CEO Kelly Loeffler Loses Crucial Republican Senate Seat
Former CEO of Bakkt Kelly Loeffler (R-Ga) has lost her senate seat to Democrat Raphael Warnock in a special election held on Jan 5.
Bakkt Has Agreed to Acquire Apex Crypto for $200M
Bakkt has announced it has reached an agreement to acquire Apex Crypto
Leading Sneaker MarketPlace Sets Foot in the Metaverse to Spur Innovations
The Edit LDN, a global sneaker marketplace based in London, has entered the metaverse by developing a premium store to drive its innovation a notch higher.
Standard Chartered's Planned Hong Kong Virtual Bank Announced as Mox
Mox is the new virtual bank in Hong Kong to be launched by Standard Chartered in partnership with PCCW, HKT and Trip.com. Launching later this year, the mission of Mox is to help everyone in Hong Kong grow – “your money, your world, your possibilities.”
Decentralized Streaming Music Service Audius Partners with TikTok to Share Sounds for Artists
The global video streaming platform TikTok and the encrypted music streaming platform Audius have developed a new feature called TikTok Sounds to support users to share sounds to the TikTok platform through Audius.
Bitwise Recruits BNY Mellon as Transfer Agent for Proposed Bitcoin ETF
On Wednesday, Bitwise amended its Bitcoin ETF S-1 form listing BNY Mellon as the administrator, transfer agent and ETF custodian. The amendment also listed Foreside Fund services as the marketing agent and Cohen & Co…. Read More
Bakkt Bitcoin Futures Reach an All-Time High, BTC Traders Eye Federal Reserve Economic Projections
Bakkt, backed by the Intercontinental Exchange has reported a new record high of daily trading volumes in its physically-settled Bitcoin futures contracts.
Unchained Forms Strategic Alliance with Bakkt to Enhance Bitcoin Custody Network
Unchained and Bakkt have partnered to enhance their Collaborative Custody Network, enhancing their capacity to secure over $3 billion in bitcoin assets.
Adam White Reveals to Depart from Bakkt
Adam White, president of U.S. Institutional Exchange Bakkt, revealed on his Twitter, saying that he is working with Bakkt until next week.
BnkToTheFuture Taking Steps to Acquire Crypto Lender Salt Lending
BnkToTheFuture explores a potential plan to acquire Salt Lending to expand its presence in the US.
European Commission Takes Aim at AI-Generated Disinformation Ahead of Elections
The European Commission mandates major tech platforms to detect AI-generated content to shield European elections from misinformation, highlighting a robust approach towards maintaining democratic integrity.
Bill Gates Confused by Trump’s Terms for Microsoft TikTok Deal, Twitter Reportedly Joins Race
Microsoft may be entering the social media ecosystem should they acquire TikTok, in a deal that Bill Gates is calling a poisoned chalice. Meanwhile, Twitter is now rumored to be in talks with ByteDance—TikTok’s parent company—to potentially reclaim their old video Vines territory.
President Donald Trump Approves Oracle Deal, Ban Averted for TikTok but not WeChat
President Trump approved the TikTok deal that Oracle has been working on, postponing a scheduled ban of the video-sharing platform and of WeChat.
Bakkt Joins Unchained's Network for Enhanced Crypto Custody Solutions
Bakkt Holdings, Inc. has joined Unchained’s collaborative custody network, offering increased security and regulated custody for bitcoin assets.
Can a Microsoft Takeover of TikTok Ease Trump’s Concerns? App Ban could See Bitcoin Price Boom
Microsoft is in talks to acquire TikTok from China’s ByteDance Ltd, promising to address privacy concerns that have President Trump calling for the social video apps ban. But could a TikTok ban be good for Bitcoin?
US-China Tech War and Data Concerns Could Create the Splinternet
Political tensions between the United States and China have been rising with some experts predicting the divide on data standards has grown large, it could split the internet.
Intercontinental Exchange Bakkt Bitcoin Futures Trading Platform Goes Live
Launched as of 8 pm EST on Sept. 22, Bakkt’s physically settled Bitcoin futures trading has launched and is now live for trading on the Intercontinental Exchange Futures US (ICE).
OKX and Google Cloud Host Successful Hackathon for Decentralized Applications on OKT Chain
OKX, the second largest crypto exchange by trading volume and a leading Web3 technology company, has teamed up with Google Cloud to host the OKX Hackathon to drive growth and innovation of the blockchain ecosystem. The three-day event, held in Silicon Valley, aimed to encourage developers to build decentralized applications on OKT Chain, a leading layer 1 blockchain built on Cosmos.
Microsoft Loses TikTok to Tech Giant Oracle – What This Means for Bitcoin and Blockchain Industry
TikTok, the multibillion-dollar video sharing platform popularized by millennials and Gen Z, has chosen Oracle Corporation as its tech partner over Microsoft.
Bali-based Ekta Secures $60m from VC GEM
Bali-based Ekta has secured $60 million in funding from venture capital firm Global Emerging Markets (GEM), despite a downturn in the crypto market.
Coinbase CEO's Top 10 Crypto Opportunities Questioned by BlockTower Founder
Ari Paul, BlockTower Capital's Chief Investment Officer, has criticized Coinbase CEO Brian Armstrong's cryptocurrency vision, highlighting ten key opportunities such as decentralized cryptocurrency, blockchain-based reputation systems, decentralized advertising, and a marketplace for labor, while also criticizing on-chain reputation systems and underfunding of peer-to-peer exchanges.
Bakkt Launches Two New Regulated Trading Products Ahead of Schedule
Bakkt launched its market for physically-settled Bitcoin futures in September this year, just launched its Options tied to its Bitcoin futures today.
Bakkt Cash Integrated Directly with Starbucks Payment App
Bakkt President Adam White has announced the Bakkt Cash integration with the Starbuck mobile app.
Qtum Teams Up with Blockpass To Deliver On-Chain KYC
Qtum, the advanced blockchain platform and growing decentralized finance (DeFi) ecosystem, has just announced its partnership with the leading on-chain KYC provider Blockpass.
Bitcoin, Ethereum and LINK Could Benefit From Trump's TikTok Ban
President Donald Trump has issued an executive order that seeks to ban TikTok from the United States, following the controversy that the Chinese-owned app raises serious security concerns and that it collects personal information on its users.
Parents Demand Action Against AI-Influencers on TikTok
ParentsTogether, a notable non-profit organization, has issued an open letter to TikTok CEO Shou Zi Chew, urging for explicit labeling of AI-generated influencers. The letter, representing over 12,000 parents, voices concerns over the impact of these digital personas on youth's perception of beauty standards.
South Korea Intensifies Blockchain in Banking but Rules Out Digital Fiat Currency
Wide application of blockchain technology is expected to affect people’s lives, business, education, governance, and other sectors. That is the reason, many countries explore and even deploy the huge potential of this technology. But the latest trend of the technology seems to have taken a new twist in South Korea. Now let’s find out why South Korea continues adopting blockchain in banking but rejects rolling out digital fiat currency.
Blockchain-Based Driving Licenses in South Korea Hit One Million Drivers
Blockchain-powered driving licenses were made available as an option in South Korea in May.