Cardano hits 5,000 smart contracts on its network
As of February 3, 2023, there were 5,006 smart contracts written with Plutus and currently executing on Cardano. The Cardano (ADA) network had a significant upgrade in September 2021, adding smart contract features and allowing the blockchain to handle transactions more efficiently and quickly. Despite a fall in Cardano’s price in 2022, the network’s growth […]
Australia releases consultation paper on token mapping
The Australian Treasury is looking for feedback on its most recent consultation document on token mapping, which examines cryptocurrency assets in the Australian financial services regulation context. The government declared in August 2022 that it would take the cryptocurrency ecosystem more seriously and that “token mapping” would be a “foundational step in the government’s multi-stage […]
Indonesia delays Crypto-Stock Exchange launch till June
The crypto-stock exchange launch in Indonesia which was initially planned to roll out by end of 2021 has once again been postponed till June 2023. According to a Friday report from CoinDesk Indonesia, Indonesia has postponed the launch of a crypto-stock exchange for firms dealing in digital assets until later this year. According to the […]
FTX warns customers of scammers promising return of assets
The insolvent cryptocurrency exchange FTX has notified customers of recent schemes by scammers one of which is offering them the prospective return of their assets and taking advantage of their vulnerability. Customers of FTX were warned on February 3 about recent scam efforts by con artists, including requests for money, fees, payments, or account passwords. […]
Binance acquires South Korean crypto exchange GOPAX
As a re-entry means into the South Korean crypto market after two years, Binance cryptocurrency exchange has acquired a majority stake in South Korea’s crypto exchange GOPAX. Bitcoin exchange A majority interest in GOPAX, a South Korean cryptocurrency exchange , has been bought by Binance. The “Industry Recovery Initiative,” which is headed by Binance, provided […]