Cryptocurrency Analysis and News Portal
Information Commissioner issues Enforcement Notice relating to backlog of 261 FOI requests Council must provide action plan on improving response times Council can be found in contempt for failure to meet terms of Enforcement Notice The Information Commissioner’s Office (ICO) has
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South Korea's second-largest city Busan is developing a public blockchain network compatible with mainstream blockchain platforms such as Ethereum and Cosmos. The aim is to integrate blockchain-based services from various blockchain mainnets onto a single platform at a city level and develop Busan into a Blockchain city.Busan City has allocated
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A large chunk of OKX’s $25-$50 million annual advertising budget goes towards its sports deals. Crypto exchange OKX wants its deals with Formula 1 team McLaren and UEFA Champions League-winning team Manchester City to last a decade. The company reportedly spends $25-$50 million per year in its sponsorship deals with the
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The South Korean city of Cheongju, the capital of North Chungcheong province, has said it intends to begin confiscating cryptocurrency from local tax delinquents.The administration of Cheongju has requested seven South Korean crypto exchanges to inquire into holdings of thousands of tax evaders, the local news agency Yonhap reported on
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@punk3700 previously built Trustless Market, a Uniswap fork on Bitcoin, amid the Ordinals protocol hype to jumpstart BRC-20 token activity on the blockchain. Shortly after launch, the protocol racked up daily volumes of $500,000, attracted over 2,000 users, and let liquidity providers earn a 2% cut on all swaps conducted
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The government in the Chinese city of Shanghai issued an implementation plan on July 31 for promoting the development of its urban blockchain digital infrastructure system in the time frame of 2023-2025, according to an update on the government’s webpage. The update says that the plans have been formulated in order
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FTX founder Sam Bankman-Fried has asked the court to seal the contents of the private diary of his sometimes girlfriend and ex-Alameda Research CEO Caroline Ellison. Source
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Jinan, the capital of eastern China’s Shandong Province, has started encouraging the adoption of the country’s central bank digital currency (CBDC) by introducing digital yuan payments across all its bus routes.In its pilot phase, the city tested the introduction of CBDC payments on two bus lines. Following the trial period, the
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Beijing’s restrictive policy, and the Hong Kong securities regulator’s lack of clarity, resulted in the loss of many entrepreneurs, high-skilled jobs, investors (with their billions of dollars of capital), exchanges and countless other active participants of the industry. From China, these people moved to Hong Kong, Singapore, Dubai, Silicon Valley
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Manchester City and OKX's other partners have been auditing the exchange's proof of reserves to ease concerns that it won't go the same way as FTX. Source
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