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Cryptoverse Talks Hypocrisy After Crypto Companies Take Gov't Millions


The Cryptoverse is in an uproar, arguing over money, hypocrisy, and morality. This comes after The US Small Business Administration (SBA) published the Paycheck Protection Program (PPP) data, per which dozens of blockchain and crypto-related companies have taken millions from the government...

Bitcoin and Altcoins Gain Bullish Momentum


Bitcoin price started a fresh increase above the USD 9,200 resistance level. BTC even broke the USD 9,300 resistance and tested the USD 9,350 region. It is currently (08:30 UTC) correcting lower, but dips are likely to remain supported and the price could resume its upward move. Also, there was...

Cosmos, Polkadot Join Terra In New DeFi Savings Project


Guided by a belief that decentralized finance (DeFi) is still missing “a simple and convenient savings product,” South Korea-based stablecoin issuer Terra (LUNA) has revealed Anchor, a new DeFi project. The new platform will be governed by a newly formed organization the Interchain Asset...

Crypto Derivatives Volumes Crash 36% to $393 Billion in June, a Low for 2020


Crypto derivatives trading volumes plunged 36% to $393 billion in June, the lowest they have reached in 2020, according to a new report by Cryptocompare. The decline may be the result of a lull in investor interest in the instruments during the month in review. In May, derivatives – contracts...

China Adds New Blockchain Post to List of ‘Officially Recognized Jobs’


Chinese authorities have placed another blockchain-related post on the nation’s official list of jobs. Per the People’s Daily, the official newspaper of the Chinese Communist Party, the Ministry of Human Resources and Social Security, the State Council body responsible for national labor policies...

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