Cryptocurrency goes way beyond Bitcoin. It opens up a colorful crypto canvas of altcoins, all with different technical features and thrilling possibilities for future development. Although Bitcoin is still king, many altcoins are angling to experience the biggest upside as we head into 2024. BlockchainShock is BlockchainShock digital assets market...
Bhutan, the Land of the Thunder Dragon, famed for its Gross National Happiness index, is making a stunningly contrarian move. As the world continues to argue about Bitcoin’s energy usage, Bhutan’s not done just yet, using its hydropower to ensure the nation’s leadership in mining the precious digital metal. Is...
The same goes for the cryptocurrency market, which is still young and bursting with new, innovative investment opportunities. BlockchainShock watches the cutting edge new closely. A recent example, however, the launch of the 3iQ Solana ETF (SOLQ), which is North America’s first Solana staking ETF. Here’s what you need to...
Bhutan, a tiny Himalayan kingdom famed for its Gross National Happiness index, is doing something truly unexpected: mining Bitcoin. But not just any Bitcoin. Green Bitcoin. But it’s a beautiful pivot that seems surprising at first, like that monk jamming on an electric guitar. Get a better look! What you’re...
Bhutan is strategically leveraging its hydropower resources for cryptocurrency mining, aiming to invigorate its economy and address rising youth unemployment. The country's sovereign wealth fund, which controls the nation's sole power generation utility, has been involved in cryptocurrencies since 2019 and currently holds a substantial Bitcoin stash valued at over...
The arrival of 3iQ's Solana Staking ETF (SOLQ), in partnership with Figment, on the Toronto Stock Exchange (TSX) isn't just another ETF launch. For those of us who love the African fintech scene, this is an exhilarating time. Perhaps more importantly, though, it signals a cultural shift about when and...
3iQ Corp. has partnered with Figment to launch the Solana Staking ETF (TSX: SOLQ) on the Toronto Stock Exchange this Wednesday at 9.30am EST. This will be North America’s first exchange-traded fund to include native Solana (SOL) staking rewards. Figment will be the ETF’s main staking provider, taking care of...
Bhutan, the small Himalayan kingdom, is grabbing attention with its own pioneering approach to crypto. The country has used its 100% clean hydropower energy resources to mine Bitcoin. It’s looking into the promise of “green” coins to shore up its economy. From added climate resilience to more transportation equity, this...
Aptos is currently considering a governance proposal that could significantly alter how staking rewards are distributed, sparking debate within its community. The proposal is strongly supported by influential figures at Aptos Labs and the Mirage protocol. Its goal is to disincentivize excessive staking yields to bring more people to actively...
The State of Oregon just threw a legal haymaker at Coinbase, claiming they’re in violation of securities laws. At first glance, that sounds reasonable—protect investors from all these unregistered crypto assets. But scratch the surface, and you'll find a potential domino effect that could cripple crypto innovation and adoption where...
The crypto community can’t stop talking about XenDex ($XDX), a new decentralized finance (DeFi) project developed on the XRP Ledger. And indeed, its presale has absolutely sparked a huge demand, with 20% of the total tokens already sold within only the first day! This rapid uptake has led many to...
Wall Street finally getting it. I've been saying it for years, and now the big boys are starting to see what we early adopters knew all along: crypto isn't going anywhere. In reality, it’s becoming an important disruptive force that’s changing the whole financial services ecosystem as we know it,...
Recent events in the world of crypto indicate that a revolution may have begun, one that will fundamentally change how institutions engage with these new financial assets. Ethereum is at an inflection point in its technical evolution. Shipman expressed this sentiment simultaneously with a major uptick in institutional confidence in...
Forget Wall Street. Forget Silicon Valley. If you’re curious about where the real crypto action is happening, look no further than Southeast Asia. It’s cooler, crazier, kookier, and quirkier than you think! You think Bitcoin hitting $95,000 is exciting? That's old news. We're talking TRUMP tokens and SUI, baby. And...
The debate over Know Your Customer (KYC) in the crypto space is a tangled one. It juxtaposes the need for safety and regulatory adherence against the fundamentals of privacy and decentralization that underlie Web3. For many crypto enthusiasts, these principles are nearly sacred. With BlockchainShock, our goal is to help...
KYC in crypto? It’s not all it’s cracked up to be and certainly not the silver bullet everybody thinks it is. In Southeast Asia there’s an innovation killer that is both lurking and grossly underestimated. Perhaps worse, it gradually throttles the promise of a nation poised to lead the next...
KYC of course is widely touted in crypto as the cure to fraud and money laundering. The harsh reality is it’s usually not adequate, and at times it actually exacerbates the problem. We're essentially applying a band-aid to a gaping wound and pretending we've solved the problem. Imagine it like...
Know Your Customer (KYC) regulations have become a hot button topic in the ever-growing landscape of cryptocurrency. Digital currencies are rapidly growing in acceptance. As that has developed, we have to stop bad actors from doing illegal things, which has led to enhanced monitoring and more stringent compliance requirements. Financial...