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The Blog

Welcome to our little corner of the Internet. Kick your feet up and stay a while.

Singapore ups crypto exchanges risk factor in update to AML/CFT laws

Flyhightechno July 2, 2024News

The update aims to prevent terrorist groups and organizations from exploiting Singapore’s economic openness as an international financial, business and transport hub. Source link

Binance.US ‘prepared’ for SEC legal showdown

Flyhightechno July 2, 2024News

Binance.US is gearing up for an extended legal battle with the SEC, emphasizing its commitment to compliance and criticizing the agency’s enforcement tactics. Source link

ASI token merger phase 1 results in delisting of AGIX, OCEAN

Flyhightechno July 2, 2024News

The initial phase of the ASI token merger sees AGIX and OCEAN tokens integrate into Fetch.ai’s FET, with limited exchange support. Source link

Bitcoin ETF inflows highest in a month as Bitcoin hovers near $63K

Flyhightechno July 2, 2024News

BlackRock’s IBIT and Grayscale’s GBTC, the two largest spot Bitcoin ETFs by net asset value, saw zero flows on Monday. Source link

Bahamas wants to force banks to support its ‘Sand dollar’ CBDC

Flyhightechno July 2, 2024News

The Bahamas was one of the first countries in the world to launch a central bank digital currency — the “Sand Dollar” in 2020 — and is now looking for …

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Polkadot’s treasury has $245M with 2 years of runway

Flyhightechno July 2, 2024News

The blockchain’s revenue declined over the first half of 2024, and its head ambassador has called for its token’s inflation rate to be lowered. Source link

Bitfarms mined 21% more Bitcoin in June amid Riot takeover attempts

Flyhightechno July 2, 2024News

Bitfarms increased its online hashrate to 10.4 exahashes per second in June, marking a 39% month-on-month increase. Source link

CertiK migrates blockchain applications to Alibaba Cloud

Flyhightechno July 1, 2024News

CertiK’s migration to Alibaba Cloud aims to enhance blockchain development security and resource efficiency in Asia. Source link

Bitcoin hashrate drawdown reaches December 2022 levels

Flyhightechno July 1, 2024News

This metric can be used to spot relative bottom points in the market price of Bitcoin and signal potential accumulation opportunities. Source link

Crypto hacks down by 54.2% in June, $176M lost in a month

Flyhightechno July 1, 2024News

May was the biggest month in terms of crypto losses in 2024 so far, with nearly $385 million in net losses suffered from crypto hacks. Source link

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