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New Blockchain Platform Aims to Help Countries Issue CBDCs More Easily
13.8.2020
Blockchain company Apollo Fintech touts its new system as tonic for national digital currency headaches
Defi Project Yam Finance Sees Over $500M Locked in 24 Hours, Devs Reveal Contract Bug
13.8.2020
A new yield farming project is all the rage this week, as the Yam Finance project saw over $460 million dollars locked into the platform in 17 hours on Tuesday. On social media and crypto-focused forums, people have been very skeptical of the Yam Finance project as the code has not been audited....
World's Largest Utility Firm to Debut Blockchain-powered Digital ID Platform
13.8.2020
A local branch of the State Grid Corporation of China (SGCC) – the nation’s electricity monopoly and the biggest utilities firm in the world – said that it has developed a blockchain technology-powered digital identity authentication system.
Per Shupeidian, the Anhui Province branch of the SGCC...
Alchemy Goes Public With Developer Platform in Bid to Grow DeFi Ecosystem
11.8.2020
Blockchain infrastructure startup Alchemy just launched its full suite of products to the public, after a two-year closed beta serving teams like MakerDAO and Kyber Network
Paytm Freezes Indian Bank Accounts Suspected of Cryptocurrency Trading: Report
11.8.2020
India’s largest mobile commerce platform Paytm has reportedly been freezing the bank accounts of users suspected of crypto trading, even though cryptocurrency, including bitcoin, is legal in India. The country still does not have a legal framework for cryptocurrencies but the government says...
Mitsubishi Launches Blockchain Platform for Metal Trading
11.8.2020
The metals and minerals subsidiary of Mitsubishi has launched a blockchain platform to digitize metal trades
Dapp Platform NEAR Protocol Taps Ontology’s Expertise for Decentralized Identity Effort
10.8.2020
NEAR will leverage Ontology's expertise for the development and deployment of its decentralized digital identifier
Wirex Launching in US After Receiving State Money Transmission License
10.8.2020
Wirex has received its first money transmission license in the U.S., where the company is now gearing up to launch its “next-gen cryptocurrency platform linked to a spending card.” US Expansion Wirex announced Friday that it has received its first U.S. money transmission license and...
Real Estate Blockchain Firm Ubitquity to Build Tokenized Title Platform
8.8.2020
Real estate blockchain platform developer Ubitquity partners with Rainier Title to build a tokenized title application
Chinese Banks Set to Adopt Blockchain-powered Forfaiting Platform
7.8.2020
The China National Clearing Center (CNCC), the Chinese central bank's settlements and clearing arm, is set to work with three major banks to foster a blockchain-powered forfaiting trading platform – aimed at boosting the efficiency of export financing.
Per Sina, the CNCC has sealed a deal that also...
IDEX Raises $2.5M to Rebuild Hybrid Exchange for Algorithmic Traders
6.8.2020
The seed investment will be used to re-launch the Ethereum-based exchange so algorithmic traders can better use the platform
Bitcoin P2P Trading Soars in India as New Exchange Launches
6.8.2020
Bitcoin P2P trading volume in India has been growing rapidly, hitting record highs over the past weeks. Meanwhile, a new P2P trading platform has launched in India as the crypto industry awaits the government’s decision on a cryptocurrency law. P2P Trading Volume Soars in India Peer-to-peer...
Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins
5.8.2020
Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. Up to $400 Million Reward for the Recovery of Stolen Bitcoins Bitfinex announced on Tuesday...
OKEx Launches Indian P2P Trading Platform Despite Legal Uncertainty
5.8.2020
OKEx has launched a peer-to-peer trading platform and fiat onramp in India
Peertec, hiblocks Joins Blockchain Platform of Kakao GroundX
5.8.2020
In an important development, the Klaytn blockchain platform has got Peertec and hiblocks on board to spread the adoption of peer-to-peer protocol among a variety of customer segments. Just so you know, Klaytn platform, operated by the GroundX, is a part of the Kakao group, which is a market leader...
Hacked DeFi Platform Opyn Says They Will Reimburse the Victims in Full
5.8.2020
Options issuance platform Opyn said that they would reimburse the victims of a hack that occurred less than a day ago.
"We will be reimbursing ETH put sellers in full who were affected by the vulnerability," Opyn said this morning (UTC time). They added that more details on...
Digital Art Trading Platform ‘SuperRare’ Sees Volume Increase 365%
5.8.2020
The digital art scene is becoming a hotbed of activity for non-fungible tokens
Crypto Derivatives Set New Records, ETH Futures Set All-Time Highs, CME Open Interest Spikes
5.8.2020
Digital currency derivatives have been on fire during the last two weeks as ethereum futures volumes touched an all-time high on Sunday. The popular derivatives trading platform Deribit saw 1.9 million ETH contracts traded and CME Group is now the third-largest exchange in terms of bitcoin futures...
DeFi-Focused Derivatives Platform Hedget Raises $500K in Seed Funding
4.8.2020
The round was led by FBG Capital and NGC Ventures, both Asia-based venture firms
European Bitcoin Exchange Hacked for $1.4 Million, Claims It Cannot Afford to Repay Users
4.8.2020
2gether, a Spanish cryptocurrency trading platform, has been hacked for about $1.4 million and company executives claim that they do not have the money to repay customers. Chief executive officer Ramon Ferraz Estrada said over the course of several tweets on Monday that the breach of July...