BitMEX operator joins digital finance standards and advocacy organization

100x Group, BitMEX’s parent company and the holding structure for its platform, has joined Global Digital Finance, or GDF, a major industry association advocating for the adoption of digital assets. As a GDF patron board member, 100x will advocate for a more inclusive and better regulated digital financial system, BitMEX announced on Jan. 21. The new partnership with GDF extends 100x’s efforts to promote collaboration between the public and private sectors to drive mainstream adoption of crypto. “Greater public-private collaboration is the only way to realise the wide-scale adoption of…

Take ‘my’ Bitcoin whitepaper down or face lawsuit

Craig Wright, the Australian computer scientist who claims to be Bitcoin inventor Satoshi Nakamoto, has threatened legal action against the owners of two Bitcoin (BTC) websites whom he accused of stealing his whitepaper and other intellectual property. As announced on Jan. 21, Bitcoin.org along with another website, Bitcoincore.org, had received allegations of copyright infringement from Craig Wright’s lawyers. The counsel reportedly claimed that Wright, as Bitcoin inventor Satoshi Nakamoto, was the legal copyright holder of the Bitcoin whitepaper, that he owned the Bitcoin name and trademark, as well as the two websites listed…

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Chinese cities continue to promote digital yuan through festive lotteries

Residents of the Longhua District in the Chinese city of Shenzhen will have a chance to participate in a forthcoming lottery event that aims to encourage the adoption of the country’s new central bank digital currency — known alternatively as the DC/EP, digital renminbi, or digital yuan.  Announced on Jan. 20, the lottery is scheduled for Jan. 26, when lots will be drawn to select the 100,000 winners who will each receive a festive “red envelope” packet containing 200 yuan ($31) in DC/EP. The total currency issued and distributed for…

blockchain, Covid-19 and the future of healthcare

Covid-19 has devastated countries, economies, health systems, industries, financial markets, and personal and emotional health. The pandemic has resulted in the loss of untold numbers of jobs and to date, killed more than 2 million people. Covid has already scarred all of us, and it’s hard to imagine a time when there’s ever been a greater need for better medical solutions and more accurate public health information than now.  But honest, accurate and timely public health information is not always easy to come by in this digital age. The Covid-19…

How blockchain technology can help revive air travel

After months of lockdown and quarantine orders, there’s light at the end of the Covid tunnel as countries and regions plan to open up again to tourists from overseas or establish bilateral travel bubbles. Among the public, there’s growing excitement at the prospect of overseas travel once more.  Yet not everything goes to plan. While Singapore and Vietnam take steps to welcome back tourists, a surge in Covid-19 cases in Hong Kong saw its hoped-for travel bubble with Singapore pop in late November 2020. At the heart of finding a…

Clothing the Naked Emperor – the Blockchain Potential Unleashed With Prasaga – Sponsored Bitcoin News

Prasaga is a Foundation-based organization and the creator the DataGrid Blockchain, a new native chain and coin project, embracing developers, miners, and token holders. DGB will be language agnostic, allowing developers to have full code reuse on a global scale, which will greatly reduce development time and complexity. The Emperor’s New Clothes In the much-beloved folktale “The Emperor’s New Clothes”, the author Hans Christian Andersen portrays a ruler, hoodwinked by weavers who play on his vanity, by saying that the suit he wears is visible only to those who are…

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Bitcoin Option Traders Hedge Against Downside Risk as Price Dips to Near $32K

Amid another price downturn Thursday, bitcoin options traders appear to be becoming less bullish on the immediate prospects for the cryptocurrency. The one-week put-call skew, which measures the spread between prices of short-term puts and calls, has risen to a five-week high of 14%. The skew had bottomed out near an extremely bullish -33% just a week ago, according to data source Skew. One-, three-, and six-month skews have also climbed from recent lows, but are still in bullish territory. The shift is the result of increased demand for downside…

Metaverse: The Bridge Over NFT To Integration

You can now go to a museum in Japan to experience moving digital art. You can also go to a digital platform like Somnium Space, or Superworld, to experience further digital rabbit holes. Something has been cooking in Helsinki, Finland for a while now though, and we are finally ready to show the world the first snippet of it. At the VESA metaverse studio putting the floor down yesterday at Coloro So what is now possible? What you couldn’t yet do, up until yesterday: Go to a physical immersive crypto…