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Ethereum Fees, CBDC In Bahamas, Filecoin's Liftoff, Ebang's Crypto Bang + More News
28.9.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
DeFi/Ethereum news
Long-suffering ethereum (ETH) users have cause to celebrate, while DeFi enthusiasts will be dismayed to hear that the craze...
Blockchain Bites: DeFi Meets NFTs, TSLA Beats Bitcoin in Volatility, Uniswap Breaks $2B
28.9.2020
Bitcoin is moving off exchanges, has been less volatile than TLSA and broke its record for longest streak trading above five figures
CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold
28.9.2020
A Caribbean firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals
CFTC charges crypto futures trader for failure to register in the US
28.9.2020
The CFTC is looking to make an unregistered foreign platform pay back U.S. investors in its crypto futures, suggesting expanding jurisdictions
Crypto Market Sentiment Slips Within Neutral Zone, Bitcoin Alone on Top
28.9.2020
The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins by market capitalization has dropped below 5, to the current 4.98/10, as shown by crypto market sentiment analysis service Omenics. Last week it stood at 5.22 following a minor rise.
Seven coins have...
Crypto scammers plague Estonia’s e-residency program
28.9.2020
Local authorities hope that tackling the issue will restore trust in the e-residency program
Crypto Exchange Bithumb ‘Not Liable’ for Customer’s USD 401,000 Losses
28.9.2020
The Supreme Court of Korea. The South Korean market-leading crypto exchange Bithumb has won its legal struggle against an investor who accused it of negligence, claiming he lost USD 401,000 in cash after a 2017 data breach.
Per news agency Yonhap, a man identified only as “Mr. A” for legal reasons...
Defi Token Exposed as Pump and Dump Scam in Leaked Telegram Chat
28.9.2020
A leaked Telegram discussion by 50 so-called crypto influencers has exposed the extraordinary steps they take in order to profit on the back off unsuspecting defi investors. According to a leaked screenshot of the chat, an elaborate plan to defraud defi investors using the worthless...
DeFi Unlocked: How to Earn Crypto Investment Income on Balancer
28.9.2020
In our Defi Unlocked series, we delve into the most popular protocols to show you how you can generate an investment income in the decentralized finance market.
In this article, we will discuss Balancer (BAL), how it works, and how you can use it to earn crypto investment income.
What...
Crypto Long & Short: The OCC’s Stablecoin Statement Is a Seed of Financial Innovation
28.9.2020
Noelle Acheson talks about how the latest OCC statement that says banks can support stablecoin reserves is an innovation trigger in disguise
Most crypto exchanges are vulnerable by design, says ByBit CEO
28.9.2020
He isn’t surprised attacks happen
Top 5 cryptocurrencies to watch this week: BTC, DOT, CRO, XEM, XTZ
27.9.2020
The tight consolidation in Bitcoin and a few altcoins points to a potential breakout within the next few days
Centralized finance is necessary, especially for DeFi crypto investors
27.9.2020
Diversification is key to ensuring you will be able to take advantage of every opportunity without incurring too much risk
The Biggest Story in Crypto: The Stablecoin Surge and Power Politics
27.9.2020
Nic Carter appears on our new Opinionated podcast to discuss the $20 billion stablecoin phenomenon and its implications for the global financial system
Kucoin Hacker Leverages Uniswap to Dump Vast Number of ERC20 Tokens
27.9.2020
Since the recent Kucoin hack, the crypto community has been waiting for the hacker to move funds. During the early morning hours (ET) on Sunday, a number of people noticed the Kucoin hacker started to move a large amount of ether and ERC20s to connect with the decentralized exchange (dex) Uniswap....
Crypto-Fueled Market Openbazaar to Close Shop Unless OB1 Raises Community Funding
27.9.2020
On September 25, the creators of the decentralized marketplace, Openbazaar, announced that unless the project can gather community funding, the supporting services like seed nodes and the API wallet will shut down. The firm behind the project, OB1 is also removing the Haven app from the iOS...
Cryptojacking: A Rising Threat to All Internet Users
27.9.2020
The cryptocurrency revolution steadily marches on. While it has yet to completely reshape the financial and other systems of everyday life, crypto acquisition and usage grow yearly. There is so much to love about cryptocurrency. From its decentralized and democratic nature to the higher levels...
Tether’s Stablecoin Dominance Drops Below 80% as Audit Controversy Lingers On
27.9.2020
The total volume of stablecoins in circulation is closing in on the $20 billion mark, while the market-leading coin, USDT’s share of the total circulating supply continues to shrink, data from Coinmetrics shows. According to the data, USDT now accounts for an estimated at 80% of total supply...
Russia Proposes Harsh Penalties for Unreported Cryptocurrency Holdings
26.9.2020
Russia’s Ministry of Finance has drafted a bill with harsh penalties for anyone who does not report their cryptocurrency holdings above a certain level. Penalties include jail terms and fines. New Russian Crypto Bill The Russian Ministry of Finance has sent out a new draft bill addressing...
Crypto hedge funds and mining regulations: Bad crypto news of the week
26.9.2020
Check out this week’s Bad Crypto podcast