The HUMAN App Delivers Real-World Utility to HMT and the HUMAN Ecosystem

HUMAN Protocol has launched on the Ethereum Mainnet. To complement this launch – which also involved the listing of HMT (the native token of HUMAN Protocol) on FTX and Gate.io on the 10th of August – the HUMAN Protocol Foundation has now released the HUMAN App: the first opportunity for people to earn HMT directly …

Bitcoin legalization can dampen El Salvador’s credit rating, Fitch says

Fitch Ratings has warned that El Salvador’s move to regulate Bitcoin (BTC) as legal tender could negatively affect credit ratings of the country’s insurance sector.  The global credit scoring agency has joined the pack of El Salvador’s Bitcoin adoption critics, stating concerns about the country’s poor articulation of the crypto’s implementation in mainstream markets. Mainstreaming …

Economist claims a $500,000 Bitcoin would be disastrous for CO2 emissions

The founder of Digiconomist, Alex de Vries, predicts that, in the long run, the cost of mining a Bitcoin will rise to the price of a Bitcoin. de Vries was referring to economic theory, which states competition will drive profits down over time. de Vries, whose website studies the consequences of digital trends from an …

People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown

The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in the city. People’s Bank of China Cracks Down on Coin …

Multi-Billion Dollar Financial Services Firm Lloyds Looks to Hire a Digital Currency Expert

Lloyds Banking Group, the British parent company of Lloyds Bank, is currently hiring a “digital currency [and] innovation senior manager,” according to a recent job listing posted to BYP Network. Lloyds is one of the largest financial services firms in the world with close to $500 billion assets under management (AUM). The new digital currency …

Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve

Charles Schwab’s chief investment strategist says she puts faith in the entire U.S. financial system, the banking system, the power of the central bank, and the Federal Reserve more than bitcoin. Charles Schwab’s Strategist Skeptical of Cryptocurrency Charles Schwab Chief Investment Strategist Liz Ann Sonders shared her thoughts on cryptocurrency and the U.S. financial and …

Crypto Exchange Bitfront Said to End Korean Services Ahead of Tough New Regulations

U.S.-based crypto trading platform Bitfront is going to discontinue services in South Korea before stricter rules for the industry are enforced in September, Korean media reported. The exchange, a subsidiary of Japanese tech giant Line, is currently available to Korean traders. Line’s Bitfront Exchange to Discontinue Services for Korean Cryptocurrency Traders With tighter regulations on …

Ripple (XRP) hits back as SEC case turns intrusive

Ripple’s legal battle with the US Securities and Exchange Commission (SEC) is approaching the discovery phase deadline on August 31, as the blockchain-based payments company filed its opposition to the regulator’s request for additional Slack communications. Meanwhile, Ripple also filed a motion to seal exhibits attached to the SEC’s request for Slack communications and to …

Chile politician says he owns Ethereum (ETH) but remains a crypto skeptic

A member of Chile’s Democratic Revolution opposition party, named Giorgio Jackson, revealed he owns an undisclosed sum of Ethereum. At the same time, he said he remains skeptical of crypto as a whole. The comments came during a conference organized by local exchange Buda, called “Bitcoin and cryptocurrencies: opportunities and challenges.” Jackson went to say …

Brazilian Federal Police Launch Nationwide Operation Against Crypto-Related Money Laundering

The Brazilian Federal Police launched Operation Compliance, a probe against cryptocurrency-related money laundering crimes last week. The probe resulted in the execution of several seizure warrants across the country, involving 150 federal policemen active in five different cities. Operation Compliance came about by way of an investigation that identified cryptocurrency-related money laundering crimes on the …

24 Hours of Le Mans Endurance Race Launches NFT Collection Crafted by the Automobilist

On August 17, 24 Hours of Le Mans, the endurance sports car race held annually in Le Mans, France, and the European art collective the Automobilist revealed the launch of the first-ever 24H Le Mans’ non-fungible token (NFT) collection. 24 Hours of Le Mans and the Automobilist to Launch ‘Legends of Le Mans’ NFT collection …

Alibaba’s NFT Marketplace Allows Content Creators to Copyright Work via Blockchain IP Service: Report

The Chinese multinational technology giant, Alibaba Group, has launched a non-fungible token (NFT) marketplace. According to regional reports, the Alibaba NFT platform not only provides customers with the ability to purchase and sell NFTs, but the marketplace also allows people to license and sell intellectual property (IP), as it is copyrighted by blockchain technology. Alibaba’s …

America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths

America offers $10 million in crypto rewards to ‘whitehat’ darknet sleuths | CryptoSlate Earn up to 12% APY on Bitcoin, Ethereum, USD, EUR, GBP, Stablecoins & more. Start Earning Interest U.S. › Hacks The US government is prepared to offer as much as $10 million to hackers who provide helpful information on attackers of its …

Polylauncher debuts with angel investment from Polygon co-founder

Polylauncher, the first metaverse-focused launchpad in the crypto space, has launched on Polygon. It has announced an angel investment from Sandeep Nailwal, the co-founder of Polygon, along with several Asia-based venture capital firms. We are pleased to mention our first honorary $ANGEL supporter … @sandeepnailwal , Co-Founder of @0xPolygon👏 Other than that, we will be …

The world’s biggest banks are pouring billions of dollars into crypto

Crypto adoption has boomed within traditional and institutional circles in the past year, with the nascent market even touching the $2 trillion earlier this year on the back of billions of dollars in institutional and retail capital. And it’s only just beginning. As per a recent report from crypto research firm Blockdata, over fifty five …

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