OSL Digital Securities has signed an agreement with Interactive brokers to provide virtual asset services in Hong Kong. Source
Day: June 9, 2022
The risks of crypto | 3 things to know before you invest in cryptocurrency
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io People are making a lot of money on cryptocurrency, but it’s not without risk. Here are three things to know before you invest in crypto. Subscribe to 11Alive for exclusive content: 11Alive is Where Atlanta Speaks. We believe that news shouldn’t be a one-way conversation, but a dialogue with you. Join in, share your thoughts and connect with new perspectives. Follow 11Alive on Social: Facebook: Twitter: Instagram: Visit Site: ▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Youtube version
Blockchain Technology in the Healthcare Market Expected to Contribute $121Bn by 2030
The mounting need to tackle data breaches and information leaks is expected to thrust blockchain technology in the healthcare market to a compound annual growth rate (CAGR) of 68.3% between 2022 and 2030, according to a study by Market Research Future (MRFR). Blockchain in the healthcare industry is speculated to hit $121 billion by 2030 due to the escalating urge for effective health data management systems. Per the report: “Rapidly increasing cases of different diseases have led to the development of massive amounts of data, which augments the need…
Anchorage Spearheads Crypto Custody Exchange Network to Enhance Trading, Liquidity
When talking to exchanges, liquidity providers and custodians, the goal was to build a safer and segregated institutional custody vault, according to Diogo Monica, cofounder and president of Anchorage. There’s no conflict of interest between the institution that holds custody over one’s assets and the institution that executing the exchange, Monica told CoinDesk. Source
Osmosis to Cover Possible $5M Exploit Loss; Chain to Remain Halted for 2 Days
The Osmosis Chain will remain frozen for 48-hours following an exploit that resulted in an estimated $5 million loss. Source
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Brazilian Judge Dismisses Bitcoin Scam Mastermind’s Attempt to Block His Extradition to South Africa – Bitcoin News
A Brazilian judge has ruled that the CEO of Mirror Trading International should remain in precautionary detention as authorities in South Africa have already furnished their Brazilian counterparts with the documentation that is required for extradition purposes. The judge also rejected Johann Steynberg’s attempts to use his Brazilian family as the basis for seeking an end to his precautionary detention. Documentation for Steynberg’s Formal Extradition A Brazilian judge recently dismissed an application by Johann Steynberg — the mastermind behind Mirror Trading International (MTI), one of South Africa’s biggest cryptocurrency scams…
South Korea Investigates Terra Labs for Alleged Bitcoin Embezzlement Following UST Collapse: Report
South Korean authorities are investigating Terraform Labs following the implosion of algorithmic stablecoin UST last month. Source
Do Kwon Turns Twitter Account To Private After LUNA Slumps
In less than a month after the deployment of the new blockchain, LUNA 2.0, the token’s price has declined by over 77%. Early this year, the Terra blockchain was hailed to be the future of cryptocurrencies, as it seemed to promise several developmental advances. Then the protocol encountered a great shocker when its UST stablecoin and LUNA crypto token crashed drastically. The Terra Blockchain Launched in 2018 by the Terraform Labs and founded by Co-founders Do Kwon and Daniel Shin, Terra was a cryptocurrency protocol used to provide access to…
Do Knwon Turns Twitter Account To Private After LUNA Slumps
In less than a month after the deployment of the new blockchain, LUNA 2.0, the token’s price has declined by over 77%. Early this year, the Terra blockchain was hailed to be the future of cryptocurrencies, as it seemed to promise several developmental advances. Then the protocol encountered a great shocker when its UST stablecoin and LUNA crypto token crashed drastically. The Terra Blockchain Launched in 2018 by the Terraform Labs and founded by Co-founders Do Kwon and Daniel Shin, Terra was a cryptocurrency protocol used to provide access to…