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Binance lists WBTC amid the ongoing DeFi craze
31.8.2020
Demand for Wrapped Bitcoin is increasing along with the DeFi rally
How bot trading influences the crypto market, explained
31.8.2020
Trading bots have become a major factor in the world of cryptocurrency, but are they potentially doing more harm than good?
Cryptocurrency Earned From Carrying Out Microtasks Is Taxable, Says IRS Memo
31.8.2020
The U.S. tax department has provided guidance around crypto revenue earned from microtasks via crowdsourcing platforms, and yes, such income is taxable
Bitrue, OKEx to offer both DeFi and CeFi options
30.8.2020
Hybrid offerings to suit different needs
Russia Blocks Cryptocurrency Websites Ahead of Regulation
30.8.2020
Russian authorities have blocked a number of websites related to cryptocurrency ahead of the country’s crypto regulation taking effect. A popular exchange aggregator website has already been blocked twice and has now received a third notice. Russia Determined to Block Crypto Sites...
Ethereum Classic Suffers 51% Attack Again: Delisting Risk Amplified
30.8.2020
Beleaguered Ethereum Classic (ETC) blockchain suffered yet another 51% attack on August 29. The latest attack caused the reorganization of over 7,000 blocks and this corresponds to approximately two days of mining. At the time of reporting, it was not clear if there had been any double-spending...
Polkadot Top 10 Redenomination Shot: Is the Token Now Bigger Than Chainlink?
30.8.2020
The Polkadot token, which recently underwent a redenomination, has seen its value more than double in less than seven days. Now with a reported (but unverified) circulating supply of 897,657,920 tokens, the Dot token claims its place as the fifth-ranked token. At the time of writing, the token...
Major Chinese Bank Launches Central Bank Digital Currency Wallet Briefly
29.8.2020
One of China’s biggest banks recently opened up registration for wallets using the country’s central bank-backed digital currency. There are four levels of the wallet, according to reports. However, the bank took the offer down a few hours later. China’s Digital Currency Wallet...
Cryptocurrency news from Japan: Aug. 23 - Aug. 28 in review
29.8.2020
Another action-packed week for crypto in Japan has passed
3.5 Million Crypto Wallets Downloaded in July, Active Users up 110% in the Year
29.8.2020
A record 3.5 million crypto wallet app downloads were recorded in July 2020, representing an increase of 81% when compared to the same period last year. In addition, the number of active users went up by 110% between January 1 and August 19, 2020. According to a report authored by Madeline Lenahan...
73% of Argentines Say Cryptocurrency Best for Saving in Economic Crisis: Survey
29.8.2020
A survey of Argentina’s citizens shows that 73% believe cryptocurrency is the most effective saving method in the current economic crisis, such as to hedge against high inflation. Strong Crypto Sentiment in Argentina Global peer-to-peer (P2P) bitcoin marketplace Paxful released the results...
Visa Exec Says ‘Opt Out With Bitcoin’ Slamming Fed’s Policy Change Toward Inflation
29.8.2020
On Thursday, 17 top Federal Reserve officials explained that the committee plans to let inflation run hotter than usual, or above the benchmark 2% rate for a duration of time. Fed Chair Jerome Powell’s speech was considered a “major policy shift” and a number of economists...
Federal Reserve’s Major Policy Shift to ‘Push Up Inflation’ Could Send Bitcoin Price to $500K
28.8.2020
The U.S. Federal Reserve has announced a significant policy change to push up inflation. Bitcoin is set to greatly benefit from this policy change. Not only the price of bitcoin could surge past $500K, but a number of companies have also begun moving their reserves into the cryptocurrency to hedge...
The DeFi craze continues as exchanges rush to list popular tokens
28.8.2020
Major crypto exchanges continue to elevate the stature of the DeFi space
Don’t just blame DeFi for paying high ETH gas fees
28.8.2020
How institutions store and secure digital assets have a fundamental impact on transaction fees
Digital Currency Group Pledges $100 Million to Bolster Bitcoin Mining Industry
28.8.2020
The firm Digital Currency Group (DCG) is entering the mining industry, as the firm has pledged $100 million into a cryptocurrency mining firm called Foundry. The mining company Foundry was noiselessly founded in 2019 and it aims to offer capital, consulting, and intelligence to digital assets...
Binance’s Bitcoin ‘Bid-Ask Spreads’ Tighten as Cryptocurrency Markets Mature
28.8.2020
The narrowing gap between bitcoin buy and sell orders on big exchanges like Binance shows an increasing depth to cryptocurrency markets
UK exchange Archax teams up with Algorand on DeFi projects
28.8.2020
The partnership between Archax and Algorand could help bridge the gap between decentralized and centralized finance
US warns of resurgence of North Korea’s BeagleBoyz hacking gang
28.8.2020
It’s not a group of 1980s rappers, it’s North Korea’s second most notorious hacking gang
SEC Redefines Accredited Investors to Include Those With Proven Knowledge
27.8.2020
The U.S. Securities and Exchange Commission (SEC) has amended the definition of accredited investors, such as to include those with proven financial knowledge. The broader definition will enable more people to invest in private offerings of cryptocurrency investments. SEC’s New Accredited...