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Hunan’s Government Has Chosen a Company to Build New Blockchain Infrastructure for the Region

Hunan’s Government Has Chosen a Company to Build New Blockchain Infrastructure for the Region

Local government in China endorsed a public Blockchain infrastructure project. Conflux Network, a permissionless blockchain project, announced that it has been endorsed by government officials from the Chinese province of Hunan on August 19. The company was previously endorsed by the Shanghai Municipal Government for similar reasons. Hunan province, located in south central China, is […]

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Pro Traders Unfazed by Bitcoin Price Stalling at $12,400, Data Shows

Pro Traders Unfazed by Bitcoin Price Stalling at $12,400, Data Shows

Derivatives data and other key metrics show pro traders remain strongly bullish on Bitcoin despite the recent rejection at $12.4K. Bitcoin’s (BTC) recent rejection at $12,400 triggered $234 million in futures contract liquidations across derivatives exchanges. Despite a 30% rally in the past 30 days, maintaining the $11,700 level as support is undecided. Bitcoin hasn’t […]

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Bison Trails’ New Software Could Make Slashing Penalties a Thing of the Past

Bison Trails’ New Software Could Make Slashing Penalties a Thing of the Past

This in turn could reduce the headaches involved when achieving consensus. Bison Trails, a Blockchain infrastructure-as-a-service provider, has created double-signing protection software, or DSP, which aims to address the slashing penalties associated with double signing messages. According to the company, many digital asset holders consider slashing penalties to be one of the “main risks” of […]

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Crypto Exchange BtcTurk Becomes Main Sponsor of Turkey’s National Soccer Teams

Crypto Exchange BtcTurk Becomes Main Sponsor of Turkey’s National Soccer Teams

BtcTurk joins forces with the Turkish Football Federation on the road to the UEFA European Championship 2021. Major Turkish crypto exchange BtcTurk has become the main sponsor of both the women’s and men’s Turkish national soccer teams via an agreement with the Turkish Football Federation, Cointelegraph Turkey reported on Aug. 20. According to the official […]

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South African Regulator Warns Against Using Mirror Trading International

South African Regulator Warns Against Using Mirror Trading International

Mirror Trading International is getting flak from regulators worldwide. A month after the Texas State Securities Board took action against Mirror Trading International (MTI), South Africa’s Financial Services Conduct Authority (FSCA) is also investigating the company’s trading activities. According to the information MTI shared with FSCA, the company conducts high-frequency derivatives trades using bots on […]

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