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Binance Appoints Inaugural Board of Directors, Signaling Shift Towards Compliance and Regulation
On April 1, Binance Holdings, the parent company of cryptocurrency exchange giant Binance, announced the appointment of its inaugural board of directors. The move marks a significant step in Binance's journey towards adhering to regulatory requirements and enhancing its compliance posture...
Blockchain 2024-04-02 20:30:44 -
Innovation and Practice of Digital Renminbi in Banking
With the advent of the digital economy era, the rise of digital currencies has become a major trend in the development of the global financial industry. China, as a pioneer in the development of digital Renminbi, has made remarkable achievements...
Blockchain 2024-04-02 20:28:05 -
Bitcoin Plunges, Breaks Below $67K and $66K in 10 Minutes
On April 2nd, at approximately 10:35 AM Beijing time, Bitcoin experienced a significant sell-off, causing its price to rapidly decline. Within 10 minutes, Bitcoin fell below two key levels, $67,000 and $66,000, with losses exceeding 6%...
Blockchain 2024-04-02 20:27:02 -
Bitcoin Falls Below $70,000, Declines 1.32%
Bitcoin Falls Below $70,000, Declines 1.32% Bitcoin has recently experienced a decline, falling below the $70,000 mark...
Blockchain 2024-04-01 19:44:40 -
Application Promotion Conference of XinghuoChain Network Backbone Node (Hanyang) Held Grandly
On the afternoon of March 29th, the Application Promotion Conference of XinghuoChain Network Backbone Node (Hanyang) hosted by the People's Government of Hanyang District, Wuhan City was grandly held in the Xinghuo Digital Industry Building of Huangjinkou Urban Industrial Park, Hanyang District. Wan Lei, director of the Standing Committee of the People's Congress of Hanyang District, Huang Chong, deputy head of the Hanyang District Government, Huang Zipei, deputy director of the China Academy of Information and Communications Technology, and representatives from relevant departments, intelligent manufacturing, and healthcare industries in the jurisdiction, and scientific research institutions attended the event...
Blockchain 2024-03-31 15:18:57 -
Bitcoin Dips Below $70k, Logs 1.10% Daily Decline
On March 29, 2024, the world's leading cryptocurrency, Bitcoin (BTC), experienced a sharp downturn, dropping below the crucial $70,000 mark. This marks Bitcoin's first significant decline since reaching a high of $68,000 on March 17...
Blockchain 2024-03-31 15:15:28 -
People's Bank of China Digital Currency Research Institute Receives Distributed Computing Patent
Distributed computing plays an increasingly vital role in modern technology, involving the decomposition of large computational tasks into smaller parts and executing them in parallel on multiple computers. A recent patent granted to the People's Bank of China Digital Currency Research Institute provides a novel solution in the field of distributed computing, aiming to improve security, trustworthiness, and efficiency...
Blockchain 2024-03-31 13:51:01 -
Ethereum hits $3,600, Bitcoin up over 6%
Ethereum hits $3,600, Bitcoin up over 6% Ethereum touched $3,600 on March 26, the first time it has reached that level since March 18. The cryptocurrency has gained 4...
Blockchain 2024-03-28 14:14:00 -
Central Bank Digital Currency Interconnection Solution: Moving Towards Reality
The rise of digital currencies is revolutionizing global cross-border payments. Traditional payment methods are costly and inefficient, while digital currencies promise faster, cheaper, and more convenient transactions...
Blockchain 2024-03-28 13:22:19 -
Bitcoin ETFs Suffer Reversal: Sell-Offs, Volatility, and Institutional Interest Uncertainty
Bitcoin ETFs Suffer Reversal: Sell-Offs, Volatility, and Institutional Interest Uncertainty Bitcoin, notorious for its extreme volatility, hit a record high of $73,000 on March 7th, only to plunge below $62,000 last week, triggering mass liquidations. In parallel, Bitcoin ETFs witnessed their first weekly net outflows last week, breaking a seven-week inflow streak of $12...
Blockchain 2024-03-28 12:52:31 -
Enhancing Multimedia Content On-Chain Issuance Efficiency with Blockchain: Decoding Tencent's Patent
Enhancing Multimedia Content On-Chain Issuance Efficiency with Blockchain: Decoding Tencent's Patent Introduction Amidst the burgeoning growth of digital content, the demand for efficient and hassle-free multimedia content distribution solutions has surged. A patent by Tencent Technology (Shenzhen) Co...
Blockchain 2024-03-28 12:50:11 -
Central Bank Digital Currency Sandbox Experiments Reveal Transformative Potential for Cross-Border Payments and Trade
Central Bank Digital Currency Sandbox Experiments Reveal Transformative Potential for Cross-Border Payments and Trade Introduction The Society for Worldwide Interbank Financial Telecommunication (SWIFT) has released the latest results from its Central Bank Digital Currency (CBDC) Sandbox collaborative experiments, demonstrating the transformative potential of digital currencies in revolutionizing cross-border payments and trade. Focus and Findings of the Experiments Bringing together 14 central banks, commercial banks, market infrastructures, and technology providers, the experiments explored the applications of CBDCs in three key areas: Simulated Digital Trade: Streamlining and expediting trade processes through tokenization and distributed ledger technology (DLT)...
Blockchain 2024-03-28 12:48:48