Day: April 3, 2024

Several US States Seek Cardano for Blockchain Voting

The Cardano Foundation has been approached by several US states interested in developing a blockchain-based voting system. This information came to light during a recent interview with Frederik Gregaard, CEO of the Cardano Foundation, conducted by DailyCoin. US States Consider Cardano For Election Security Gregaard confirmed the engagement, highlighting the growing interest of governmental bodies in leveraging blockchain to enhance electoral processes. The interest from these states focuses on creating a “lightweight” blockchain solution aimed at increasing transparency and accountability in voting systems. While Gregaard expressed enthusiasm about the inquiries,…

HanChain (HAN) Goes Live on Top 10 Crypto Exchange MEXC

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PRESS RELEASE. HanChain (HAN) went live on MEXC, a top 10 global cryptocurrency exchange, at 5:00 AM UTC on April 3, 2024. In addition to the listing, the HanChain project also launched its mobile staking version, coinciding with LBANK’s Grid Trading Competition and Flexible Staking Service. HanChain is a dual cryptocurrency project designed for real-life […] Source

Bitcoin advocate Max Keiser slams Javier Milei’s crypto policy

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Max Keiser, advisor to El Salvador President Nayib Bukele on Bitcoin (BTC) matters, has called out Argentina’s president Javier Milei for his crypto stance, calling his economic plan a “rookie mistake.” Javier Milei, who secured the Argentine presidential seat last December, has introduced aggressive economic policies to rescue the country’s collapsing economy and battle the consistent devaluation of the Argentine peso, which is down 99% against the U.S. dollar since 2008. While Milei’s affinity to Bitcoin has received commendation from the broader crypto community, his stance on Bitcoin and cryptocurrency…

ICO sets out priorities to protect children’s privacy online

The Information Commissioner’s Office (ICO) is calling on social media and video-sharing platforms to improve their data protection practices so children are safer when using their services. This comes as the regulator sets out its 2024-2025 priorities for protecting children’s personal information online. Since the introduction of its Children’s code of practice in 2021, the ICO has been working with online services including websites, apps and games to provide better privacy protections for children, ensuring their personal information is used appropriately within the digital world. There has been significant progress…

Stablecoin Expansion Continues Even as Bitcoin (BTC) Rally Appears to Stall

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However, during the same time, the cumulative supply of the top three stablecoins, tether (USDT), USD Coin (USDC), and DAI (DAI), which dominate the stablecoin market with over 90% share, increased by 2.1% to $141.42 billion, reaching its highest level since May 2022, according to data from charting platform TradingView. The cumulative supply is up over $20 billion this year. Original

Asia’s Bitcoin Volatility Linked To Algos Tracking ETF Flows

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Recent Bitcoin price volatility in Asia has been closely linked to automated trading algorithms that monitor flows in US exchange-traded funds (ETFs). According to Bloomberg, this algorithmic trading response to daily US ETF flow data is causing pronounced swings in Bitcoin prices during Asian trading hours. Trading Algos Spoil The Bitcoin Price The trigger for Bitcoin’s steep decline, marking its worst drop in a month, was observed on Tuesday morning in Asia. This downturn coincided with the release of US ETF flows data, which indicated a net withdrawal of investments.…