Category Crypto

Conflux Explodes To 310% Rally In Last Week

Conflux (CFX) prices are flying high after the network announced last week that it is teaming up with China Telecom to roll out Blockchain SIM (BSIM) cards. At the time of writing, CFX has ballooned by 310% in the last…

Hong Kong outlines upcoming crypto licensing regime

The Hong Kong Securities and Futures Commission (SFC) is seeking public feedback on a newly proposed licensing regime for cryptocurrency exchanges that will take effect from June 2023. The main consideration of the public consultation window is whether to allow…

South Korea’s Kimchi premium turns to discount

South Korea’s “premium kimchi” has been discounted again, meaning cryptocurrencies such as Bitcoin are now cheaper to buy on South Korean exchanges. The phenomenon is named after the Korean cuisine kimchi. Kimchi premium indicates when the price of Bitcoin (BTC)…

What is the network effect?

A network effect is a phenomenon where the value of a product or service increases as more people use it. As the user base grows, there are more opportunities for interaction, which can increase the benefits and positive results for…

Zambia tests technology for crypto regulation

The Bank of Zambia and the country’s securities regulator are “testing technology” to enable the regulation of cryptocurrencies, Technology and Science Minister Felix Mutati said on the ministry’s website. The country’s move is aimed at “founding an inclusive digital economy.”…